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Off market
  • $3,275,300

    342 N Washington Dr, Sarasota, FL 34236

    5beds
    3,421sqft
    Single Family Residence
    Built in 1947
    0.38 Acres Lot
    $3,275,300 Zestimate®
    $957/sqft
    $7,804 Estimated rent

    Home value

    $3,275,300

    $2.82M - $3.80M

    $7,804/mo

    Zestimate® history
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    $7,804/mo

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    Rent Zestimate®

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    $21,212/mo

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    $21,212/mo

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    What's special

    *** MUST SEE stunning aerial video*** When visionary circus magnate John Ringling purchased the land now known as St. Armands circle, he envisioned creating a world-class attraction comprised of luxury waterfront real estate and an abundance of shopping and dining options around the circular hub. Today, waterfront property owners on St Armands circle (of which there are only 81) have the luxury of living just steps from the famed shopping district with more than twenty eateries, affording them a blissful atmosphere of relaxed elegance in a park-like setting with palm-lined medians and tropical plantings. One of the many famous residents of this island was BJ Palmer, the Developer of Chiropractic. Dr. Palmer made this residence on the Northwest quadrant his winter home for many years. Now, for the first time in over 40 years, this historic property is being brought to market for a new owner to write the next chapter. At nearly 16,000 SF and featuring 110??? of water frontage with a dock and boathouse, this parcel offers the perfect canvas for an architect and builder to design and construct a modern masterpiece. Overlooking Pansy Bayou, a protected Manatee refuge, the property affords unparalleled privacy, unobstructed Bay views and the opportunity to marvel at the presence of Sarasota???s gentle ???sea cows.??? Public boating entry is not permitted into the Bayou, meaning only the 30 property owners adjacent to the Bayou are granted permission to boat through these waters. The convenient walkability and charm of this historic neighborhood make it one of the most coveted spots in Sarasota. The 1940???s ranch-style home currently on the property is rented through 6/1/21 and can continue to be rented or enjoyed by the new owners while the design process is underway. Rarely does such a marvelous piece of waterfront property come available! Don???t miss out on this once-in-a-half-century opportunity.

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Originating MLS: Sarasota - Manatee

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 5
    • Full bathrooms: 5
    Heating
    • Forced air
    Cooling
    • Central
    Appliances
    • Included: Dishwasher, Dryer, Garbage disposal, Microwave, Range / Oven
    Features
    • Ceiling Fans(s), Eating Space In Kitchen
    • Flooring: Tile, Carpet, Hardwood
    • Windows: Blinds, Window Treatments
    • Has fireplace: Yes
    Interior area
    • Structure area source: Public Records
    • Total interior livable area: 3,421 sqft

    Property

    Features
    • Levels: Two
    • Patio & porch: Patio
    • Exterior features: Stucco
    • Has view: Yes
    • View description: Water
    • Has water view: Yes
    • Water view: Water
    • Waterfront features: Bayou
    • Body of water: PANSY BAYOU
    Lot
    • Size: 0.38 Acres
    • Dimensions: 148x100x149x110
    • Features: Near Public Transit, Historic District
    • Residential vegetation: Trees/Landscaped
    Details
    • Parcel number: 2014050018

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Materials
    • Roof: Tile
    Condition
    • Year built: 1947

    Utilities & green energy

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

    Community & HOA

    Community
    • Subdivision: SAINT ARMANDS
    Location
    • Region: Sarasota

    Financial & listing details

    • Price per square foot: $957/sqft
    • Tax assessed value: $2,275,400
    • Annual tax amount: $33,893
    • Listing terms: Cash, Conventional
    • Ownership: Fee Simple

    Price history

    DateEventPrice
    3/16/2021Sold$2,750,000$804/sqft
    Source: Public Record Report a problem
    3/9/2021Listed for sale$2,750,000$804/sqft
    Source: Keller Williams #A4486713 Report a problem
    1/17/2021Pending sale$2,750,000$804/sqft
    Source: KELLER WILLIAMS CLASSIC GROUP #A4486713 Report a problem
    1/15/2021Listed for sale$2,750,000+132.6%$804/sqft
    Source: Keller Williams Classic Group #A4486713 Report a problem
    10/2/2019Listing removed$5,300$2/sqft
    Source: GULF COAST RENTAL HOMES&CONDOS #A4158070 Report a problem
    5/6/2019Listed for rent$5,300+3.9%$2/sqft
    Source: GULF COAST RENTAL HOMES&CONDOS #A4158070 Report a problem
    2/15/2019Listing removed$5,100$1/sqft
    Source: GULF COAST RENTAL HOMES&CONDOS #A4158070 Report a problem
    3/27/2018Price change$5,100+2%$1/sqft
    Source: GULF COAST RENTAL HOMES&CONDOS #A4158070 Report a problem
    1/26/2018Listed for rent$5,000-33.3%$1/sqft
    Source: GULF COAST RENTAL HOMES&CONDOS #A4158070 Report a problem
    4/29/2016Listing removed$7,500$2/sqft
    Source: ROSSI & COMPANY INC #A4121209 Report a problem
    5/2/2015Listed for rent$7,500$2/sqft
    Source: ROSSI & COMPANY INC #A4121209 Report a problem
    10/4/2004Sold$1,182,100$346/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$33,893 -20.5%$2,275,400 -20.9%
    2024$42,626 -3.6%$2,876,000 -3.1%
    2023$44,202 +8.8%$2,968,000 +9.8%
    2022$40,637 +53.6%$2,704,100 +62.5%
    2021$26,455 +7.9%$1,664,410 +10%
    2020$24,517 +10%$1,513,100 +10%
    2019$22,282 $1,375,600 -4.7%
    2018$22,282 -4.9%$1,442,700 +6.5%
    2017$23,419 -0.6%$1,354,600 +0.5%
    2016$23,558 $1,348,200 -2.3%
    2015$23,558 $1,380,300 +12.1%
    2014$23,558 +4%$1,231,230
    2013$22,652 +18.2%$1,231,230 +10%
    2012$19,169 -0.2%$1,119,300 -1.6%
    2011$19,215 -6.9%$1,137,800 -5.7%
    2010$20,633 0%$1,206,000 +5.4%
    2009$20,637 $1,143,900 -11.3%
    2008$20,637 -14.6%$1,289,700 -14.1%
    2007$24,166 $1,501,700 -17%
    2006-- $1,809,300 +47%
    2005-- $1,231,100 +4.1%
    2004$21,314 +1.4%$1,182,100 +4.9%
    2003$21,029 +3763.7%$1,126,600 +27%
    2002$544 +9.4%$887,000 +34.1%
    2001$497 +2.6%$661,400 +19.3%
    2000$485 $554,500
    Find assessor info on the county website

    Neighborhood: St. Armands

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Southside Elementary
    • Middle: Booker Middle
    • High: Booker High

    Source: The 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
    $3,275,300
    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
    $3,275,300