Situated on nearly an acre of prime waterfront land, this property offers sweeping breathtaking vistas of Sarasota Bay and the City skyline. Just minutes away from downtown Sarasota, the approach to this estate is graced by a lush canopy of trees and tropical foliage. While the current residence is suitable for immediate occupancy, it also presents an incredible opportunity for those contemplating the construction of a new home. The layout of the existing home includes a living room, family room/library, kitchen, and formal dining room on the main level. A screened lanai overlooks the saltwater pool. Upstairs, you'll find three bedrooms and 3 ½ baths, complemented by a generously sized enclosed lanai located just off the oversized Primary suite, that provides unparalleled views. Other notable features include a grand two story entryway, ample storage space, floor-to-ceiling built-in bookshelves, an abundance of windows and sliding doors that flood the interior with natural light. For those with nautical aspirations, we are pleased to inform you that the owner consulted with a dock company and has been advised that a dock can be added to this property. The process requires the new homeowner to obtain all necessary permits for construction and enlist a licensed contractor to oversee the project. Welcome to a hidden slice of paradise, only a stone’s throw to all of the hot spots in downtown Sarasota.
Sold for $3,500,000
$3,500,000
1605 PALMETTO LANE, SARASOTA, FL 34236
3beds
3,306sqft
Single Family Residence
Built in 1974
0.89 Acres Lot
$4,138,000 Zestimate®
$1,059/sqft
$7,614 Estimated rent
Home value
$4,138,000
$3.60M - $4.80M
$7,614/mo
Zestimate® history
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List your homeWhat's special
Formal dining roomTropical foliageOversized primary suiteAmple storage spaceSliding doorsScreened lanai
Zillow last checked:
Listing updated:
Listed by:
Kim Ogilvie 941-951-6660,
MICHAEL SAUNDERS & COMPANY 941-951-6660
Bought with:
Kimsey Ruggiero, 3423894
KW COASTAL LIVING II
Source: Stellar MLS,MLS#: A4582351
Originating MLS: Sarasota - Manatee
Originating MLS: Sarasota - Manatee
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 4
- Full bathrooms: 3
- 1/2 bathrooms: 1
Rooms
- Room types: Den/Library/Office, Family Room, Dining Room, Living Room, Utility Room, Storage Rooms
Primary bedroom
- Features: Walk-In Closet(s)
- Level: Second
Kitchen
- Level: First
Living room
- Level: First
Heating
- Central
Cooling
- Central Air, Zoned
Appliances
- Included: Oven, Cooktop, Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer
- Laundry: Inside, Laundry Room
Features
- Built-in Features, Ceiling Fan(s), Chair Rail, Crown Molding, Eating Space In Kitchen, L Dining, Solid Surface Counters, Walk-In Closet(s)
- Flooring: Carpet, Ceramic Tile, Tile, Hardwood
- Doors: French Doors
- Windows: Blinds
- Has fireplace: No
Interior area
- Total structure area: 5,944
- Total interior livable area: 3,306 sqft
Property
Parking
- Total spaces: 2
- Parking features: Circular Driveway, Covered, Driveway, Garage Door Opener, Ground Level, Guest, Off Street, Open, Parking Pad, Workshop in Garage
- Attached garage spaces: 2
- Has uncovered spaces: Yes
Features
- Levels: Two
- Stories: 2
- Patio & porch: Covered, Enclosed, Patio, Rear Porch, Screened
- Exterior features: Balcony, Garden, Lighting, Private Mailbox, Sidewalk
- Has private pool: Yes
- Pool features: Child Safety Fence, In Ground, Salt Water
- Fencing: Chain Link
- Has view: Yes
- View description: Bay/Harbor - Full
- Has water view: Yes
- Water view: Bay/Harbor - Full
- Waterfront features: Bay/Harbor, Bay/Harbor Access, Riprap, Sailboat Water
- Body of water: SARASOTA BAY
Lot
- Size: 0.89 Acres
- Features: Flood Insurance Required, FloodZone, Near Marina, Oversized Lot, Street Dead-End
- Residential vegetation: Mature Landscaping, Trees/Landscaped
Details
- Parcel number: 2007010015
- Zoning: RSF1
- Special conditions: None
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Mediterranean
- Property subtype: Single Family Residence
Materials
- Stucco
- Foundation: Slab
- Roof: Concrete,Tile
Condition
- Completed
- New construction: No
- Year built: 1974
Utilities & green energy
- Sewer: Public Sewer
- Water: Public, Well
- Utilities for property: Phone Available
Community & HOA
Community
- Pet fee: $0 monthly
- Subdivision: WHITAKERS W H PROP
HOA
- Has HOA: No
Location
- Region: Sarasota
Financial & listing details
- Price per square foot: $1,059/sqft
- Tax assessed value: $2,519,700
- Annual tax amount: $11,557
- Date on market: 9/29/2023
- Cumulative days on market: 32 days
- Listing terms: Cash,Conventional
- Ownership: Fee Simple
- Total actual rent: 0
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 2/1/2024 | Sold | $3,500,000$1,059/sqft |
Source:  Stellar MLS #A4582351 Report a problem | ||
| 10/31/2023 | Pending sale | $3,500,000$1,059/sqft |
Source: Stellar MLS #A4582351 Report a problem | ||
| 9/29/2023 | Listed for sale | $3,500,000$1,059/sqft |
Source: Stellar MLS #A4582351 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $37,528 +208.3% | $2,519,700 +205.2% |
| 2024 | $12,171 +3% | $825,622 +3% |
| 2023 | $11,812 +2.2% | $801,575 +3% |
| 2022 | $11,557 -0.4% | $778,228 +3% |
| 2021 | $11,601 -1.1% | $755,561 +1.4% |
| 2020 | $11,731 +2.6% | $745,129 +2.3% |
| 2019 | $11,433 | $728,376 +1.9% |
| 2018 | $11,433 +1.6% | $714,795 +2.1% |
| 2017 | $11,249 +0.2% | $700,093 -46.8% |
| 2016 | $11,223 | $1,316,700 -22.2% |
| 2015 | $11,223 | $1,693,200 +154.4% |
| 2014 | $11,223 +0.3% | $665,540 |
| 2013 | $11,191 +3.9% | $665,540 +1.7% |
| 2012 | $10,772 +4.4% | $654,415 +3% |
| 2011 | $10,321 +0.1% | $635,354 +1.5% |
| 2010 | $10,312 +9.7% | $625,965 +2.7% |
| 2009 | $9,399 | $609,508 +0.1% |
| 2008 | $9,399 -0.2% | $608,899 +3% |
| 2007 | $9,415 | $591,164 +2.5% |
| 2006 | -- | $576,745 +3% |
| 2005 | -- | $559,947 +3% |
| 2004 | $9,619 -1.4% | $543,638 +1.9% |
| 2003 | $9,754 +2.1% | $533,501 +2.4% |
| 2002 | $9,557 +6.6% | $520,997 +1.6% |
| 2001 | $8,967 +2.5% | $512,792 +3% |
| 2000 | $8,745 | $497,856 |
Find assessor info on the county website
Neighborhood: Tahiti Park
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Nearby schools
GreatSchools rating
- 2/10Gocio Elementary SchoolGrades: PK-5Distance: 3.2 mi
- 5/10Booker Middle SchoolGrades: 6-8Distance: 2 mi
- 3/10Booker High SchoolGrades: 9-12Distance: 1.2 mi
Schools provided by the listing agent
- Elementary: Gocio Elementary
- Middle: Booker Middle
- High: Booker High
Source: Stellar MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$4,138,000
Get a cash offer in 3 minutes
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Estimated market value
$4,138,000
- Florida
- Sarasota County
- Sarasota
- 34236
- Tahiti Park
- 1605 PALMETTO LANE
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