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Off market
  • Tax assessed value
    $2,927,100

    1616 N Lake Shore Dr, Sarasota, FL 34231

    3beds
    0baths
    0.45Acres
    Residential
    Built in 1954
    0.45 Acres Lot
    $-- Zestimate®
    $1,225/sqft
    $2,683 Estimated rent

    Home value

    Not available

    Estimated sales range

    Not available

    $2,683/mo

    Zestimate® history
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    What's special

    Nearly ½ acre lake front lot in coveted Oyster Bay Estates! This is the perfect west of the trail location to build your dream home. Or, for those that love the mid-century style, work to revive this 1954 one story 2400 sq. ft. home. An updated survey with trees noted is available, that is a savings of $1200.00. A true tropical haven, and one of the most sought after neighborhoods in Sarasota. Known for its grand oak trees, lush landscape, birds and wildlife with superior proximity to Southside Village, Sarasota Memorial Hospital and The Field club; a private member-only club offering boating, tennis, dining and wellness programs. Appraised for $1,017,000 and now discounted for the off-season market. Don't delay, come and see this truly beautiful private and tranquil setting, not found everywhere in Sarasota.

    This property is not currently displayed as for sale or rent on Zillow. This may be different from what's on other websites or public sources.

    Originating MLS: Sarasota - Manatee

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 0
    Heating
    • Other, Electric
    Cooling
    • Central
    Appliances
    • Included: Dishwasher, Dryer, Garbage disposal, Refrigerator, Washer
    Features
    • Flooring: Tile, Carpet
    • Has fireplace: Yes
    Interior area
    • Total interior livable area: 2,389 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Garage - Attached
    Features
    • Exterior features: Other
    • Has view: Yes
    • View description: Water
    • Has water view: Yes
    • Water view: Water
    • Waterfront features: Lake
    • Body of water: FRESH WATER POND
    Lot
    • Size: 0.45 Acres
    • Dimensions: 132x203x219x81
    • Features: Street Paved, Room For Pool
    • Residential vegetation: Oak Trees, Mature Landscaping
    Details
    • Parcel number: 0077020004
    • Zoning: RSF1

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: BB/HS Internet Available

    Community & HOA

    Community
    • Subdivision: Oyster Bay Estates
    HOA
    • Has HOA: Yes
    • HOA fee: $13 monthly
    Location
    • Region: Sarasota

    Financial & listing details

    • Price per square foot: $1,225/sqft
    • Tax assessed value: $2,927,100
    • Annual tax amount: $34,567
    • Listing terms: Cash, Conventional
    • Ownership: Fee Simple

    Price history

    DateEventPrice
    3/1/2023Sold$2,800,000+245.7%$1,172/sqft
    Source: Public Record Report a problem
    6/5/2020Sold$810,000-16.1%$339/sqft
    Source: Stellar MLS #A4419648 Report a problem
    2/18/2020Pending sale$965,000$404/sqft
    Source: Sarasota #A4419652 Report a problem
    7/31/2019Price change$965,000-2%$404/sqft
    Source: BERKSHIRE HATHAWAY HOMESERVICES FLORIDA REALTY #A4419648 Report a problem
    4/22/2019Price change$985,000-1.5%$412/sqft
    Source: BERKSHIRE HATHAWAY HOMESERVICE FLORIDA REALTY #A4419648 Report a problem
    3/5/2019Price change$1,000,000-11.1%$419/sqft
    Source: BERKSHIRE HATHAWAY HOMESERVICE FLORIDA REALTY #A4419648 Report a problem
    11/20/2018Listed for sale$1,125,000$471/sqft
    Source: BERKSHIRE HATHAWAY HOMESERVICE FLORIDA REALTY #A4419648 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$34,567 +1.5%$2,927,100 +1.3%
    2024$34,049 +236.3%$2,888,800 +267.8%
    2023$10,124 +5%$785,532 +10%
    2022$9,640 +14.7%$714,120 +10%
    2021$8,404 -21.6%$649,200 -18.6%
    2020$10,718 +131.3%$797,200 +128.1%
    2019$4,633 $349,430 +5.1%
    2018$4,633 +5.2%$332,496 +2.1%
    2017$4,402 -1.5%$325,657 -53.8%
    2016$4,471 $705,400 +32.4%
    2015$4,471 +0.3%$532,900 +72.1%
    2014$4,456 +0%$309,584
    2013$4,454 +2.5%$309,584 +1.7%
    2012$4,345 +4.3%$304,409 +3%
    2011$4,165 -1%$295,543 +1.5%
    2010$4,209 +9.3%$291,175 +2.7%
    2009$3,852 $283,520 +0.1%
    2008$3,852 -1.4%$283,237 +3%
    2007$3,905 $274,987 +2.5%
    2006-- $268,280 +3%
    2005-- $260,466 +3%
    2004$4,055 -1%$252,880 +1.9%
    2003$4,095 +5.2%$248,165 +2.4%
    2002$3,891 +7%$242,349 +1.6%
    2001$3,637 +2.7%$238,532 +3%
    2000$3,542 $231,584
    Find assessor info on the county website

    Neighborhood: South Sarasota

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Phillippi Shores Elementary
    • Middle: Brookside Middle
    • High: Riverview High

    Source: The MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.