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Sold for $10,625,000
  • $10,625,000

    1124 N Lake Shore Dr, Sarasota, FL 34231

    4beds
    6,597sqft
    SingleFamily
    Built in 1990
    0.66 Acres Lot
    $9,734,300 Zestimate®
    $1,611/sqft
    $53,364 Estimated rent

    Home value

    $9,734,300

    $8.27M - $11.49M

    $53,364/mo

    Zestimate® history
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    What's special

    Live on a bay front point of land, private & idyllic with 200± ft on the water with spectacular views of dolphins & marine birds plus the backdrop of gorgeous sunsets. Moor your power boat & another larger craft at your own oversized dock, letting you enjoy exploring the waters of Sarasota and Gulf of Mexico - fishing, cruising & picnics. Decadent attention to detail marries exquisitely with comfortably elegant living spaces suitable for every occasion, from the formal dining room that effortlessly hosts memorable celebrations to the welcoming family room, deluxe chef's kitchen & casual breakfast area for leisurely Bay-view brunches. Sunlight filters in through French doors open to the loggia, where sunset views enrich your late afternoon. Private spaces shift the spirit from lively to intimate - the sumptuous master suite with elegant sitting area, Bayfront massage room & two private baths. Outdoors is an essential part of Sarasota living & this residence truly excels in offering a resort-like experience, whether lounging on the Bayfront terrace, sipping an après-swim beverage at the bar or luxuriating in the heated spa. Further enhancing this life of luxury are the wine cellar, poker room, Bay view gym and play room, plus garages for 10 cars. Oyster Bay, an enviably situated mainland enclave & this remarkable estate offers the rare combination of a world-class waterfront private hideaway with immediate access to the best gourmet markets, finest restaurants, and cultural delights of downtown Sarasota.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 6
    • Full bathrooms: 5
    • 1/2 bathrooms: 1
    Heating
    • central
    Cooling
    • Central
    Features
    • Flooring: Tile, Carpet, Hardwood
    • Has fireplace: Yes
    Interior area
    • Total interior livable area: 6,597 sqft

    Property

    Parking
    • Parking features: Garage
    Features
    • Exterior features: Stucco
    • Has spa: Yes
    • Has view: Yes
    • View description: Water
    • Has water view: Yes
    • Water view: Water
    Lot
    • Size: 0.66 Acres
    Details
    • Parcel number: 0077030012

    Construction

    Type & style
    • Home type: SingleFamily
    Materials
    • masonry
    • Foundation: Piling
    • Roof: Other
    Condition
    • Year built: 1990

    Community & HOA

    HOA
    • Has HOA: Yes
    • HOA fee: $13 monthly
    Location
    • Region: Sarasota

    Financial & listing details

    • Price per square foot: $1,611/sqft
    • Tax assessed value: $7,583,100
    • Annual tax amount: $83,296

    Price history

    DateEventPrice
    2/21/2024Sold$10,625,000+126.1%$1,611/sqft
    Source: Public Record Report a problem
    4/3/2017Sold$4,700,000-11.3%$712/sqft
    Source: Public Record Report a problem
    9/16/2016Listing removed$5,300,000$803/sqft
    Source: Michael Saunders & Company - Licensed Real Estate Broker Report a problem
    2/15/2016Price change$5,300,000-11.6%$803/sqft
    Source: Michael Saunders & Company - Licensed Real Estate Broker Report a problem
    10/6/2015Price change$5,995,000-6.3%$909/sqft
    Source: Michael Saunders & Company - Licensed Real Estate Broker Report a problem
    5/22/2015Price change$6,395,000+6.8%$969/sqft
    Source: Michael Saunders & Company - Licensed Real Estate Broker Report a problem
    3/22/2015Price change$5,990,000-7.8%$908/sqft
    Source: Owner Report a problem
    7/29/2014Listed for sale$6,495,000-3.8%$985/sqft
    Source: Michael Saunders & Company - Licensed Real Estate Broker Report a problem
    2/28/2014Listing removed$6,750,000$1,023/sqft
    Source: Michael Saunders & Company - Licensed Real Estate Broker Report a problem
    7/16/2013Listed for sale$6,750,000+193.5%$1,023/sqft
    Source: Michael Saunders & Company - Licensed Real Estate Broker Report a problem
    6/5/1997Sold$2,300,000$349/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$83,296 -12%$7,083,100 -11.7%
    2024$94,691 +53.8%$8,024,400 +55.3%
    2023$61,570 +1.9%$5,168,584 +3%
    2022$60,422 -0.1%$5,018,043 +3%
    2021$60,462 -0.8%$4,871,886 +1.4%
    2020$60,954 +2.7%$4,804,523 +2.3%
    2019$59,358 $4,696,503 +21.6%
    2018$59,358 +19.8%$3,863,700 +36.4%
    2017$49,564 +31.8%$2,833,128 -34.1%
    2016$37,601 $4,300,700 -23.8%
    2015$37,601 +0.3%$5,645,100 +109.6%
    2014$37,496 +0.1%$2,693,298
    2013$37,469 +2.7%$2,693,298 +1.7%
    2012$36,500 +4.7%$2,648,277 +3%
    2011$34,871 -1.4%$2,571,143 +1.5%
    2010$35,355 +10.2%$2,533,146 +2.7%
    2009$32,082 $2,466,549 +0.1%
    2008$32,082 +1.9%$2,464,085 +3%
    2007$31,479 $2,392,315 +2.5%
    2006-- $2,333,966 +3%
    2005-- $2,265,986 +3%
    2004$33,381 -1.3%$2,199,986 +1.9%
    2003$33,826 +3.6%$2,158,966 +2.4%
    2002$32,639 +7.5%$2,108,365 +1.6%
    2001$30,352 +2.8%$2,075,162 +3%
    2000$29,524 $2,014,720
    Find assessor info on the county website

    Neighborhood: South Sarasota

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $9,734,300
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $9,734,300