$2,295,000
355 Shore Drive
Sarasota, FL 34234
Listing updated: April 16, 2026 at 11:58 AM ET
Listing courtesy of Coldwell Banker Realty · Roger Pettingell · MLS #A4671767 · Active · 941-383-6411Property type
Year built
Lot size
Price / sq ft
HOA dues
Days on market
Garage space
Flood zone
About this home
Build Your Dream Home on Sarasota Bay in Sapphire Shores! Set on an expansive 0.34-acre (14,665-sq.-ft.) waterfront lot, this property presents a rare opportunity to create a custom Sarasota residence in one of the city’s most desirable West-of-Trail neighborhoods. Perfectly positioned on a protected inlet that opens directly to Sarasota Bay, this oversized homesite offers stunning water views and the ideal setting for a modern coastal estate with private dockage and outdoor living space. Nestled among multi-million-dollar properties in the sought-after Sapphire Shores community, the location captures both tranquility and convenience. Just minutes from downtown Sarasota, residents enjoy easy access to world-class dining, boutique shopping, cultural landmarks, and vibrant nightlife. Nearby attractions include The Ringling Museum of Art, Sarasota Jungle Gardens, and the Van Wezel Performing Arts Hall, while Lido Beach, Longboat Key, and St. Armands Circle are only a short drive away. Offering a coveted combination of bay proximity, generous lot size, and prime positioning within Sarasota’s prestigious museum district, this property is ready for new vision—whether you imagine a coastal contemporary retreat or timeless Sarasota modern. Opportunities of this caliber are increasingly rare in today’s market—seize the chance to build your dream home in one of Sarasota’s most storied waterfront enclaves.
Local Insight
This 1954 waterfront property is priced at $701/sqft, which is below the current Sarasota market average, but you're buying a home that will likely need significant updates—factor in renovation costs before comparing it to newer construction in the area. The AE flood zone designation is a major consideration that will affect your insurance costs substantially and could limit financing options, so get a flood insurance quote early in your evaluation. The 0.34-acre lot and direct water access are the real draws here, but the narrow price-per-square-foot metric is deceptive when the bones are this old; focus your inspection on foundation, roof, plumbing, and electrical systems.
AI-generated insight based on listing data and neighborhood context. Verify independently.
Estimated monthly payment
Estimate only. Taxes use the listing's reported amount where available; insurance is a Florida-average estimate. Your actual payment will vary — run a full calculation or talk to a lender.
Price & listing history154 days on market
- Status: ActiveNov 13, 2025
- Listed$2,695,000Nov 13, 2025
- Price reduced$2,295,000
Facts & features
- Property type
- Residential
- Sub type
- Single Family Residence
- Status
- Active
- Days on market
- 154
- Subdivision
- Sapphire Shores Resub Blk M
- County
- Sarasota
- Year built
- 1954
- Living area
- 3,276 sq ft
- Price/sq ft
- $701
- Building area
- 5,619 sq ft (Public Records)
- Lot size
- 14,665 sq ft
- Lot category
- 1/4 to less than 1/2
- Flood zone
- AE (12115C0039G)
- Garage
- 1 spaces
- Annual taxes
- $9,362 (2024)
- Parcel #
- 2003160020
- Zoning
- RSF1
- MLS #
- A4671767
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Interior Details
- Bedrooms
- 3
- Full bathrooms
- 3
- Flooring
- Other
- Appliances
- Range, Refrigerator
- Interior features
- Other
- Laundry
- None
- Stories / Levels
- One
- Direction faces
- West
- Fireplace
- Yes
Heating & Cooling
- Heating
- Central, Electric
- Cooling
- Central Air
Parking
- Garage spaces
- 1
- Attached garage
- Yes
HOA & Financial
- Total monthly fees
- $0/mo
- Total annual fees
- $0
- CDD
- No
- Min lease term
- 1 Month
- Ownership
- Fee Simple
- Available for lease
- Yes
- Lease restrictions
- Yes
- Additional lease restrictions
- SEE CITY WEBSITE FOR MORE INFO
- Approval process
- SEE CITY WEBSITE FOR MORE INFO
Exterior & Construction
- Exterior features
- Private Mailbox, Sliding Doors
- Construction materials
- Stucco, Frame, Wood Siding
- Roof
- Other
- Foundation
- Slab
- Waterfront
- Yes
- Water access
- Yes
- Water view
- Yes
- Road surface
- Paved
Utilities
- Sewer
- Public Sewer
- Water source
- Public
- Utilities
- Cable Available, Electricity Connected, Phone Available, Sewer Connected, Water Connected
Room Details
| Room | Level | Dimensions |
|---|---|---|
| Great Room | First | |
| Kitchen | First | |
| Primary Bedroom | First | |
| Bedroom 2 | First | |
| Bedroom 3 | First |
Listing Details
- Listing date
- 2025-11-06
- On market date
- 2025-11-13
- Original list price
- $2,695,000
- Occupant type
- Vacant
- MLS area
- 34234 - Sarasota
- Listing AOR
- Sarasota - Manatee
- Status changed
- 2025-11-13
- Tax legal description
- LOT 5 SAPPHIRE SHORES RESUB OF BLK M OR 559-42
Flood risk
FEMA Special Flood Hazard Area (1% annual-chance / “100-year” floodplain). Flood insurance is generally required by mortgage lenders.
Source: FEMA flood zone reported on the listing. Confirm current designation at FEMA Flood Map Service Center.
Location
Directions
US 41 north; Left onto 47th St; Right onto Bay Shore Rd; 1st left onto S. Shore Dr; House is on the right
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Listing provided by Stellar MLS
Listings courtesy of Stellar MLS as distributed by MLS GRID
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Based on information submitted to the MLS GRID as of April 16, 2026 at 11:58 AM ET. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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