$5,795,000
701 Tyler Drive
Sarasota, FL 34236
Property type
Year built
Lot size
Price / sq ft
HOA dues
Days on market
Garage spaces
Flood zone
About this home
An Exquisite Bayfront Residence on Prestigious Lido Key, Sarasota. This meticulously reimagined two-story bayfront masterpiece embodies the pinnacle of sophisticated coastal living. Offering 3,832 square feet of thoughtfully designed interior space which was fully renovated in 2017, including impact-resistant doors and windows and a new roof. The residence features 4 ensuite bedrooms, a state-of-the-art 2025 gourmet kitchen, designed for discerning entertainers, showcases premium appliances, custom cabinetry, and an expansive island that serves as the heart of the open-plan living areas. The new elegant flooring unifies the bright, voluminous interiors. The second story includes a spacious home office with views over the pool to the bay. Beyond the interiors lies a private waterfront sanctuary: a heated saltwater pool overlooks an expansive floating dock, ideally suited for vessels of varying sizes, kayaks, or paddleboards. Unobstructed sailboat access invites effortless exploration of the bay and beyond. Additional conveniences include a spacious two-car garage, proximity to downtown Sarasota's vibrant cultural scene, a 15-minute drive to Sarasota-Bradenton International Airport. Close by is the pristine sands of Lido Beach with the most spectacular sunsets and moments away is St. Armands Circle's dining and shopping. Framed by the preserved mangroves of Otter Key, the sheltered waters host an abundance of marine life, dolphins, manatees, and graceful wading birds frequently enchant residents with their presence. This extraordinary property represents a rare harmony of tranquil waterfront serenity, impeccable modern enhancements, and unparalleled proximity to Sarasota's finest amenities—an enduring legacy of refined coastal elegance. Independently certified appraisal on 03/05/2026 by Birkholz Appraisal Group: Value by sales comparison approach $5.9M and Value by cost approach $6.2M
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 history139 days on market
- Status: ActiveJan 12, 2026
- Listed$6,400,000Jan 12, 2026
- Price reduced$5,795,000
Virtual Tour
Facts & features
- Property type
- Residential
- Sub type
- Single Family Residence
- Status
- Active
- Days on market
- 139
- Subdivision
- Lido Beach Div B
- County
- Sarasota
- Year built
- 1977
- Living area
- 3,832 sq ft
- Price/sq ft
- $1,512
- Building area
- 4,656 sq ft (Public Records)
- Lot size
- 12,888 sq ft
- Lot category
- 1/4 to less than 1/2
- Flood zone
- AE (12115C0129G)
- Garage
- 2 spaces
- Pool
- Private pool
- Annual taxes
- $26,279 (2025)
- Parcel #
- 2016060062
- Zoning
- RSF1
- MLS #
- A4676329
Interior Details
- Bedrooms
- 4
- Full bathrooms
- 4
- Flooring
- Vinyl, Wood
- Appliances
- Bar Fridge, Built-In Oven, Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Range Hood, Refrigerator, Washer
- Interior features
- Thermostat, Walk-In Closet(s)
- Laundry
- Laundry Room
- Stories / Levels
- Two
- Direction faces
- South
Heating & Cooling
- Heating
- Electric, Heat Pump
- Cooling
- Central Air
Parking
- Garage spaces
- 2
- Attached garage
- Yes
HOA & Financial
- Total monthly fees
- $0/mo
- Total annual fees
- $0
- CDD
- No
- Homestead exemption
- Yes
- Min lease term
- 1 Week
- Ownership
- Fee Simple
- Available for lease
- Yes
- Lease restrictions
- Yes
- Additional lease restrictions
- subject to buyer confirming city codes
Exterior & Construction
- Exterior features
- Fire Pit, Garden, Outdoor Grill, Private Yard, Sliding Doors
- Construction materials
- Block, Stucco, Frame
- Roof
- Metal
- Foundation
- Slab
- Pool
- Private pool
- Waterfront
- Yes
- Water access
- Yes
- Water view
- Yes
- Road surface
- Concrete
Utilities
- Sewer
- Public Sewer
- Water source
- Public
- Utilities
- Cable Connected, Electricity Connected, Natural Gas Connected
Community
- Pets allowed
- Cats OK, Dogs OK
Schools
Letter grades: Florida DOE 2024–25 school grades (Orange, Seminole, Lake, Osceola, Brevard). Assigned schools from the listing agent — verify enrollment with the district.
Room Details
| Room | Level | Dimensions |
|---|---|---|
| Primary Bedroom | Second | |
| Kitchen | First | |
| Living Room | First |
Listing Details
- Listing date
- 2025-12-24
- On market date
- 2026-01-12
- Original list price
- $6,400,000
- Occupant type
- Owner
- MLS area
- 34236 - Sarasota
- Listing AOR
- Sarasota - Manatee
- Status changed
- 2026-01-12
- Tax legal description
- ELY 3/4 OF LOT 20 & W 1/2 LOT 21 BLK 59 & ALL LANDS LYING BETWEEN THE NLY LINE OF SAID LOTS & WATERS OF SARASOTA BAY SUB OF BLKS 50 57 59 60 61 63 & 63 PLAT 3 JOHN RINGLING EST INC LIDO BEACH
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
From I-75 North, take Exit 210 toward University Parkway/FL-CR 610 West. Head west on University Parkway/CR-610 toward Sarasota (this is a main route into the city). Continue straight as University Parkway becomes US-41 (Tamiami Trail) heading into Sarasota. From US-41, follow signs for State Road 789/John Ringling Causeway — this will take you west toward Lido Key and St. Armands Circle by crossing the John Ringling Causeway Bridge over Sarasota Bay. Wikipedia After crossing onto Lido Key, continue on St. Armands Circle Drive and follow local streets toward the beachfront neighborhoods. Turn toward Tyler Drive (local Lido Key roads), then navigate to 701 Tyler Drive near the waterfront area
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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 May 31, 2026 at 3:05 PM 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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