$334,900
3524 Papai Drive
Sarasota, FL 34232
Listing updated: June 7, 2026 at 9:14 AM ET
Property type
Year built
Lot size
Price / sq ft
HOA dues
Days on market
Flood zone
About this home
This remodeled 3-bedroom, 2-bath home with a spacious outdoor area and detached storage shed in the established Ridgewood Estates neighborhood offers no HOA and no deed restrictions. It is centrally located in Sarasota and features a split floor plan with luxury vinyl flooring in the bedrooms and tile throughout the main living areas. The refreshed kitchen includes shaker-style cabinetry, quartz countertops, stainless steel appliances, and opens to the living and dining areas with French doors leading to a large rear patio. The fully fenced backyard offers exceptional privacy and a peaceful sentiment, plus ample space for entertaining guests, pets, or storing a boat/RV. Additional highlights include a private ensuite guest bedroom, updated baths, designer accents, dedicated laundry closet, and fresh interior and exterior paint. Major updates include a 2016 roof and 2016 HVAC system. Conveniently located near shopping, dining, downtown Sarasota, and world-renowned Gulf beaches.
Local Insight
At $295/sqft for a '61 waterfront home in AE flood zone, you're paying for location and water access, but you need to factor in flood insurance costs—which can run $1,500+ annually on a property like this—before deciding if the price works. The 1,135 sqft footprint is tight for a three-bedroom, so this is really a lifestyle buy for someone who values the Sarasota waterfront over space, and you'll want a thorough inspection given the age and flood exposure before committing.
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 history136 days on market
- Status: PendingJun 7, 2026
- Listed$345,000Jan 21, 2026
- Price reduced$334,900
Facts & features
- Property type
- Residential
- Sub type
- Single Family Residence
- Status
- Pending
- Days on market
- 136
- Cumulative DOM
- 163
- Subdivision
- Ridgewood Estates Add 03 Resub 01
- County
- Sarasota
- Year built
- 1961
- Living area
- 1,135 sq ft
- Price/sq ft
- $295
- Building area
- 1,715 sq ft (Public Records)
- Lot size
- 7,677 sq ft
- Lot category
- 0 to less than 1/4
- Flood zone
- AE (12115C0161G)
- Annual taxes
- $1,822 (2025)
- Parcel #
- 0063100010
- Zoning
- RSF3
- MLS #
- A4678096
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Interior Details
- Bedrooms
- 3
- Full bathrooms
- 2
- Flooring
- Ceramic Tile, Luxury Vinyl
- Appliances
- Dishwasher, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
- Interior features
- Ceiling Fans(s), Eat-in Kitchen, Kitchen/Family Room Combo, Living Room/Dining Room Combo, Primary Bedroom Main Floor, Solid Surface Counters, Solid Wood Cabinets, Stone Counters, Walk-In Closet(s)
- Laundry
- Electric Dryer Hookup, Laundry Closet, Washer Hookup
- Stories / Levels
- One
- Direction faces
- East
Heating & Cooling
- Heating
- Central, Electric
- Cooling
- Central Air
Parking
- Attached garage
- No
HOA & Financial
- Total monthly fees
- $0/mo
- Total annual fees
- $0
- CDD
- No
- Homestead exemption
- Yes
- Min lease term
- No Minimum
- Listing terms
- Cash, Conventional, FHA, VA Loan
- Ownership
- Fee Simple
- Available for lease
- Yes
- Lease restrictions
- No
- Additional lease restrictions
- Verify lease restrictions with County Zoning
Exterior & Construction
- Exterior features
- French Doors, Storage
- Construction materials
- Block, Stucco, Vinyl Siding
- Roof
- Shingle
- Foundation
- Slab
- Waterfront
- Yes
- Water access
- Yes
- Road surface
- Asphalt
Utilities
- Sewer
- Public Sewer
- Water source
- Public
- Utilities
- BB/HS Internet Available, Cable Connected, Electricity Connected, Public, Water Connected
Community
- Pets allowed
- Yes
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 |
|---|---|---|
| Kitchen | First | 10x15 |
| Living Room | First | 10x20 |
| Primary Bedroom | First | 11.5x12.5 |
| Bedroom 2 | First | 10x11 |
| Bedroom 3 | First | 10x11 |
Listing Details
- Listing date
- 2026-01-11
- On market date
- 2026-01-21
- Original list price
- $345,000
- Occupant type
- Owner
- MLS area
- 34232 - Sarasota/Fruitville
- Listing AOR
- Suncoast Tampa
- Status changed
- 2026-06-07
- Tax legal description
- LOT 346 RIDGEWOOD ESTATES 3RD ADD
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: Bee Ridge exit Westbound, right on Crestridge Dr, left on Lahaina Drive which veers right to become Papai Drive, home is on the left.
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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 June 7, 2026 at 9:14 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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