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Sold for $3,700,000
  • $3,700,000

    259 Polk Dr, Sarasota, FL 34236

    4beds
    4,124sqft
    Single Family Residence
    Built in 1957
    0.48 Acres Lot
    $3,578,700 Zestimate®
    $897/sqft
    $7,908 Estimated rent

    Home value

    $3,578,700

    $3.22M - $3.97M

    $7,908/mo

    Zestimate® history
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    What's special

    Private poolWell-equipped dockWide canal frontageLush tropical landscapingExpansive half-acre lotWood-burning fireplaceCanal-front lot
    A Rare Coastal Offering – Half-Acre Canal-Front Lot Steps from Lido Beach and Minutes to St. Armands Circle. Opportunities like this are few and far between. Set on an expansive half-acre lot with 133 feet of wide canal frontage, this one-of-a-kind Florida coastal home invites you to embrace a lifestyle of relaxed elegance, natural beauty, and endless possibility. Just a short stroll from the white sands of Lido Beach and mere minutes to the shops and restaurants of iconic St. Armands Circle, this property blends location, charm, and potential in equal measure. Custom-built and brimming with architectural character, the home showcases timeless Florida design details, including pecky cypress paneling and accents throughout. A wood-burning fireplace anchors the spacious living area, creating a warm and inviting atmosphere. A true celebration of indoor-outdoor living, all four bedrooms offer direct access to the surrounding patios and garden spaces—blurring the line between interior comfort and natural serenity. The primary suite is conveniently located on the first floor, offering privacy and ease of living, while a separate guest apartment with its own private entrance makes an ideal in-law suite, guest quarters, or rental opportunity. Step outside to your private pool, set amidst lush tropical landscaping, and take in the peaceful water views. For boating enthusiasts, the property features a well-equipped dock already in place and ready for your boat—a rare amenity that offers immediate access to Sarasota’s sparkling waterways. The oversized lot offers plenty of room to create your dream outdoor living area, whether that includes a summer kitchen, firepit lounge, or garden oasis. While the home is structurally sound and filled with original charm, it’s ready for someone with vision to restore it to its former glory or reimagine it into a modern coastal masterpiece. This is not your typical cookie-cutter property—it’s a true original waiting to be transformed. Whether you’re seeking a personal retreat, a multi-generational escape, or an investment in one of Sarasota’s most desirable neighborhoods, this property offers the rare combination of land, location, and waterfront lifestyle.

    Zillow last checked:

    Listing updated:

    Listed by:

    Nora Johnson 941-809-1700,

    MICHAEL SAUNDERS & COMPANY 941-951-6660

    Bought with:

    Nora Johnson, 0683885

    MICHAEL SAUNDERS & COMPANY

    Source: Stellar MLS,MLS#: A4656652MLS LogoOriginating MLS: Sarasota - Manatee

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 5
    • Full bathrooms: 4
    • 1/2 bathrooms: 1
    Primary bedroom
    • Features: Walk-In Closet(s)
    • Level: First
    • Area: 156 Square Feet
    • Dimensions: 12x13
    Kitchen
    • Level: First
    • Area: 330 Square Feet
    • Dimensions: 30x11
    Living room
    • Level: First
    • Area: 1479 Square Feet
    • Dimensions: 51x29
    Heating
    • Electric
    Cooling
    • Central Air
    Appliances
    • Included: Oven, Cooktop, Range Hood, Refrigerator
    • Laundry: In Kitchen
    Features
    • Built-in Features, Ceiling Fan(s), Coffered Ceiling(s), High Ceilings, Living Room/Dining Room Combo, Open Floorplan, Primary Bedroom Main Floor, Split Bedroom
    • Flooring: Brick/Stone, Tile
    • Has fireplace: Yes
    • Fireplace features: Living Room, Wood Burning
    Interior area
    • Total structure area: 4,947
    • Total interior livable area: 4,124 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Garage - Attached
    • Attached garage spaces: 2
    Features
    • Levels: Two
    • Stories: 2
    • Patio & porch: Covered, Deck, Patio, Rear Porch
    • Exterior features: Courtyard
    • Has view: Yes
    • View description: Water, Canal
    • Has water view: Yes
    • Water view: Water,Canal
    • Waterfront features: Canal - Brackish, Brackish Canal Access
    Lot
    • Size: 0.48 Acres
    • Features: Oversized Lot
    • Residential vegetation: Mature Landscaping
    Details
    • Parcel number: 2016040023
    • Zoning: RSF2
    • Special conditions: None

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Cape Cod,Coastal,Cottage,Courtyard,Custom,Traditional
    • Property subtype: Single Family Residence
    Materials
    • Wood Siding
    • Foundation: Slab
    • Roof: Metal
    Condition
    • Fixer
    • New construction: No
    • Year built: 1957

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Public

    Community & HOA

    Community
    • Pet fee: $0 monthly
    • Subdivision: LIDO BEACH DIV B
    HOA
    • Has HOA: No
    Location
    • Region: Sarasota

    Financial & listing details

    • Price per square foot: $897/sqft
    • Tax assessed value: $2,846,000
    • Annual tax amount: $45,702
    • Date on market: 6/25/2025
    • Cumulative days on market: 5 days
    • Ownership: Fee Simple
    • Total actual rent: 0
    • Road surface type: Asphalt

    Price history

    DateEventPrice
    8/29/2025Sold$3,700,000-6.9%$897/sqft
    Source: Stellar MLS #A4656652 Report a problem
    7/1/2025Pending sale$3,975,000$964/sqft
    Source: Stellar MLS #A4656652 Report a problem
    6/25/2025Listed for sale$3,975,000+650%$964/sqft
    Source: Stellar MLS #A4656652 Report a problem
    4/29/1994Sold$530,000$129/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$42,867 -6.2%$2,814,945 +9%
    2024$45,703 +6.4%$2,581,941 +10%
    2023$42,971 +12.8%$2,347,219 +10%
    2022$38,101 +24.3%$2,133,835 +10%
    2021$30,653 +7.2%$1,939,850 +10%
    2020$28,587 +8.8%$1,763,500 +8.7%
    2019$26,275 $1,622,400 +0.6%
    2018$26,275 +0.3%$1,613,200 +7%
    2017$26,208 +9.9%$1,508,100 +0.1%
    2016$23,845 $1,506,900 +8%
    2015$23,845 +4%$1,395,400 +10.3%
    2014$22,932 +3.7%$1,265,200
    2013$22,116 +7.9%$1,265,200 +5.7%
    2012$20,505 -1.5%$1,197,100 -2.9%
    2011$20,812 -6%$1,232,500 -4.8%
    2010$22,151 -22.6%$1,294,600 -10.5%
    2009$28,616 $1,446,700 -19.5%
    2008$28,616 -14.7%$1,796,900 -14.1%
    2007$33,536 $2,092,500 +2.2%
    2006-- $2,046,900 +46.8%
    2005-- $1,394,200 +6.5%
    2004$23,586 -1.7%$1,308,700 +1.7%
    2003$23,982 +26.9%$1,286,200 +27%
    2002$18,894 +33.7%$1,012,600 +28.6%
    2001$14,132 +14.3%$787,600 +15.7%
    2000$12,359 $680,800
    Find assessor info on the county website

    Neighborhood: Lido Key

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Southside Elementary
    • Middle: Booker Middle
    • High: Sarasota 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
    $3,578,700
    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
    $3,578,700