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For sale
    • Price cut: $45K (7/17)
    $1,450,000

    1040 SYLVAN DRIVE, SARASOTA, FL 34234

    3beds
    1,949sqft
    : 
    $8,748/mo
    Get pre-qualified
    Single Family Residence
    Built in 1980
    7,798 Square Feet Lot
    $-- Zestimate®
    $744/sqft
    $-- HOA

    What's special

    Quiet tree-lined street
    An exceptional opportunity awaits to create your dream waterfront retreat in one of Sarasota’s most desirable locations. This unique property offers the rare chance to either complete the existing structure to your exact specifications or design and build a custom home tailored to your vision. Set on a private, serene lot surrounded by lush greenery, the property provides a peaceful, tucked-away feel while still being remarkably close to everything Sarasota has to offer. Enjoy excellent boating water with direct access to Sarasota Bay and the Gulf, making it a true paradise for boating and water sport enthusiasts. The property is already equipped with a dock and boat lift, so you can start enjoying the waterfront lifestyle right away. Located on a quiet, tree-lined street, this homesite combines tranquility with convenience. You’ll be just minutes from Bayfront Park, downtown Sarasota’s vibrant shops and restaurants, the Ringling Museum, Sarasota-Bradenton International Airport, and the University Town Center. Whether you envision a modern coastal masterpiece or a timeless waterfront estate, this is a rare chance to bring your vision to life in an unbeatable location with outstanding boating access and exceptional privacy.
    127 days
    |
    391
    |
    12
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Jennifer Linehan 941-266-7555,

    MICHAEL SAUNDERS & COMPANY 941-951-6660

    Source: Stellar MLS,MLS#: A4687776MLS LogoOriginating MLS: Sarasota - Manatee

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 2
      • Full bathrooms: 2
      Rooms
      • Room types: Bonus Room, Great Room
      Primary bedroom
      • Features: Walk-In Closet(s)
      • Level: First
      • Area: 165 Square Feet
      • Dimensions: 15x11
      Other
      • Features: Built-in Closet
      • Level: Second
      • Area: 270 Square Feet
      • Dimensions: 18x15
      Bedroom 2
      • Features: Built-in Closet
      • Level: First
      • Area: 143 Square Feet
      • Dimensions: 13x11
      Bedroom 3
      • Features: Built-in Closet
      • Level: First
      • Area: 128 Square Feet
      • Dimensions: 16x8
      Dining room
      • Level: First
      • Area: 208 Square Feet
      • Dimensions: 13x16
      Great room
      • Level: First
      • Area: 285 Square Feet
      • Dimensions: 19x15
      Kitchen
      • Level: First
      • Area: 120 Square Feet
      • Dimensions: 12x10
      Heating
      • Central, Electric
      Cooling
      • Central Air
      Appliances
      • Included: None
      • Laundry: In Garage
      Features
      • None, In-Law Floorplan
      • Flooring: Concrete
      • Doors: French Doors, Sliding Doors
      • Has fireplace: No
      Interior area
      • Total structure area: 3,410
      • Total interior livable area: 1,949 sqft
      Video & virtual tour

      Property

      Parking
      • Total spaces: 1
      • Parking features: Driveway, Garage Door Opener
      • Attached garage spaces: 1
      • Has uncovered spaces: Yes
      Features
      • Levels: Two
      • Stories: 2
      • Patio & porch: Deck, Patio, Rear Porch, Side Porch
      • Exterior features: Balcony, Private Yard
      • Has view: Yes
      • View description: Water, Canal
      • Has water view: Yes
      • Water view: Water,Canal
      • Waterfront features: Canal - Saltwater, Bay/Harbor Access, Gulf/Ocean Access, Intracoastal Waterway Access, Lift
      • Body of water: WHITAKER BAYOU
      Lot
      • Size: 7,798 Square Feet
      • Features: FloodZone, City Lot, Landscaped
      • Residential vegetation: Mature Landscaping
      Details
      • Parcel number: 2006090013
      • Zoning: RSF2
      • Special conditions: None

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Bungalow,Custom
      • Property subtype: Single Family Residence
      Materials
      • Concrete, Stucco
      • Foundation: Crawlspace, Slab
      • Roof: Shingle
      Condition
      • Completed
      • New construction: No
      • Year built: 1980

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: BB/HS Internet Available, Cable Available, Electricity Connected, Sewer Connected, Water Connected

      Community & HOA

      Community
      • Pet fee: $0 monthly
      • Subdivision: SYLVAN SHORES
      HOA
      • Has HOA: No
      Location
      • Region: Sarasota

      Financial & listing details

      • Price per square foot: $744/sqft
      • Tax assessed value: $1,122,200
      • Annual tax amount: $15,027
      • Date on market: 3/30/2026
      • Cumulative days on market: 128 days
      • Listing terms: Cash
      • Ownership: Fee Simple
      • Total actual rent: 0
      • Electric utility on property: Yes
      • Road surface type: Paved, Asphalt

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        7/17/2026Price change$1,450,000-3%$744/sqft
        Source: Stellar MLS #A4687776 Report a problem
        3/30/2026Listed for sale$1,495,000+99.3%$767/sqft
        Source: Stellar MLS #A4687776 Report a problem
        6/4/2019Sold$750,000$385/sqft
        Source: Public Record Report a problem
        4/29/2019Pending sale$750,000$385/sqft
        Source: Keller Williams Realty Select #A4427465 Report a problem
        3/18/2019Price change$750,000-10.2%$385/sqft
        Source: Keller Williams Realty Select #A4427465 Report a problem
        2/14/2019Listed for sale$835,000$428/sqft
        Source: KELLER WILLIAMS REALTY SELECT #A4427465 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$15,654 -0.4%$960,270 +10%
        2024$15,722 +6.5%$872,973 +10%
        2023$14,766 +16%$793,612 +10.3%
        2022$12,732 +12.5%$719,829 +10%
        2021$11,321 +16.5%$654,390 +10%
        2020$9,718 -1.2%$594,900 -1.5%
        2019$9,834 $603,700 -2.1%
        2018$9,834 -2.3%$616,400 +166.1%
        2017$10,065 +233.4%$231,612 -57.4%
        2016$3,019 $543,400 +52.6%
        2015$3,019 +0.3%$356,000 +80%
        2014$3,010 +6%$197,789
        2013$2,839 +4%$197,789 +1.7%
        2012$2,731 +5%$194,483 +3%
        2011$2,600 -2.2%$188,818 +1.5%
        2010$2,658 +8.2%$186,028 +2.7%
        2009$2,457 $181,137 +0.1%
        2008$2,457 -5.9%$180,956 +3%
        2007$2,611 $175,685 +2.5%
        2006-- $171,400 +3%
        2005-- $166,408 +3%
        2004$2,635 -1.1%$161,561 +1.9%
        2003$2,664 +1.1%$158,549 +2.4%
        2002$2,634 +6.6%$154,833 +1.6%
        2001$2,471 +3.2%$152,395 +3%
        2000$2,396 $147,956
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: Indian Beach-Sapphire Shores

        Getting around

        46 / 100
        Car-Dependent
        34 / 100
        Some Transit
        62 / 100
        Bikeable

        Nearby schools

        GreatSchools rating

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