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Off market
  • $5,818,200

    387 S Shore Dr, Sarasota, FL 34234

    4beds
    2,864sqft
    Single Family Residence
    Built in 1954
    0.52 Acres Lot
    $5,818,200 Zestimate®
    $2,031/sqft
    $4,390 Estimated rent

    Home value

    $5,818,200

    $4.89M - $6.81M

    $4,390/mo

    Zestimate® history
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    $37,729/mo

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    What's special

    Half-acre parcels directly overlooking Sarasota Bay do not come on the market often in the centrally located neighborhood of Sapphire Shores. Situated on a corner lot spanning more than 22,000 SF, waiting for you to begin your dream home. Boaters will appreciate the 117-feet of water frontage that flows out to the Yacht Basin and tranquil bay waves beyond. The proximity to the best of Sarasota, this spot offers the best of both worlds. Minutes from downtown Sarasota, within biking distance to Ringling Museum, you will love the bustling city lifestyle with theatres, trendy dining locations, farmer's markets and wonderful shopping just a stone's throw away. Enjoy a short, sunny drive to the immaculate Gulf beaches at Siesta, Lido and Longboat Keys.

    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: 4
    • Bathrooms: 3
    • Full bathrooms: 3
    Heating
    • Forced air, Electric
    Cooling
    • Central
    Appliances
    • Included: Range / Oven, Refrigerator
    Features
    • Ceiling Fans(s)
    • Flooring: Tile, Carpet
    • Has fireplace: Yes
    • Fireplace features: Family Room
    Interior area
    • Structure area source: Public Records
    • Total interior livable area: 2,864 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Garage - Attached
    Features
    • Levels: Two
    • Exterior features: Stucco
    • Pool features: In Ground
    • Has spa: Yes
    • Has view: Yes
    • View description: Water
    • Has water view: Yes
    • Water view: Water
    • Waterfront features: Canal - Saltwater
    • Body of water: SARASOTA BAY
    Lot
    • Size: 0.52 Acres
    • Features: In City Limits, Oversized Lot, FloodZone, Corner Lot, Cul-de-sac
    • Residential vegetation: Mature Landscaping
    Details
    • Parcel number: 2003160024
    • Zoning: RSF1

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Materials
    • masonry
    • Foundation: Piling
    • Roof: Other
    Condition
    • Year built: 1954

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Electricity Connected, Phone Available, Sewer Connected, Cable Available, Public

    Community & HOA

    Community
    • Subdivision: SAPPHIRE SHORES RESUB BLK M
    HOA
    • Has HOA: Yes
    • HOA fee: $2 monthly
    Location
    • Region: Sarasota

    Financial & listing details

    • Price per square foot: $2,031/sqft
    • Tax assessed value: $4,536,700
    • Annual tax amount: $68,598
    • Listing terms: Cash, Conventional
    • Ownership: Fee Simple

    Price history

    DateEventPrice
    1/3/2023Sold$6,350,000-5.9%$2,217/sqft
    Source: Public Record Report a problem
    12/12/2022Pending sale$6,750,000$2,357/sqft
    Source: Stellar MLS #A4552239 Report a problem
    11/11/2022Listed for sale$6,750,000-3.3%$2,357/sqft
    Source: Stellar MLS #A4552239 Report a problem
    11/7/2022Listing removed--
    Source: Stellar MLS #A4541611 Report a problem
    10/22/2022Price change$6,980,000-5.7%$2,437/sqft
    Source: Stellar MLS #A4541611 Report a problem
    10/6/2022Price change$7,400,000-1.3%$2,584/sqft
    Source: Stellar MLS #A4541611 Report a problem
    9/20/2022Listed for sale$7,500,000$2,619/sqft
    Source: Stellar MLS #A4541611 Report a problem
    8/31/2022Pending sale$7,500,000$2,619/sqft
    Source: Stellar MLS #A4541611 Report a problem
    8/19/2022Price change$7,500,000-5.7%$2,619/sqft
    Source: Stellar MLS #A4541611 Report a problem
    7/9/2022Listed for sale$7,950,000+7.4%$2,776/sqft
    Source: Stellar MLS #A4541611 Report a problem
    2/25/2022Listing removed--
    Source: Stellar MLS #A4524455 Report a problem
    2/8/2022Listed for sale$7,400,000+739900%$2,584/sqft
    Source: Stellar MLS #A4524455 Report a problem
    4/28/2021Sold$1,000-99.9%
    Source: Public Record Report a problem
    12/11/2020Sold$1,000,000-8.7%$349/sqft
    Source: Stellar MLS #A4470953 Report a problem
    9/25/2020Pending sale$1,095,000$382/sqft
    Source: COLDWELL BANKER REALTY #A4470953 Report a problem
    8/22/2020Price change$1,095,000-8.4%$382/sqft
    Source: COLDWELL BANKER REALTY #A4470953 Report a problem
    6/29/2020Listed for sale$1,195,000+63%$417/sqft
    Source: COLDWELL BANKER REALTY #A4470953 Report a problem
    1/30/2015Listing removed$3,450$1/sqft
    Source: Michael Saunders & Company - Licensed Real Estate Broker Report a problem
    12/27/2014Price change$3,450-9.2%$1/sqft
    Source: Michael Saunders & Company - Licensed Real Estate Broker Report a problem
    12/3/2014Price change$3,800-5%$1/sqft
    Source: Michael Saunders & Company - Licensed Real Estate Broker Report a problem
    11/8/2014Listed for rent$4,000-17.5%$1/sqft
    Source: Michael Saunders & Company - Licensed Real Estate Broker Report a problem
    10/16/2013Listing removed$4,850$2/sqft
    Source: Michael Saunders & Company - Licensed Real Estate Broker Report a problem
    9/21/2013Price change$4,850-11.8%$2/sqft
    Source: Michael Saunders & Company - Licensed Real Estate Broker Report a problem
    4/26/2013Price change$5,500+10%$2/sqft
    Source: JENNETTE PROPERTIES INC #A3906388 Report a problem
    7/3/2010Listed for rent$5,000$2/sqft
    Source: Jennette Properites #A3906388 Report a problem
    7/15/2002Sold$733,000+7.8%$256/sqft
    Source: Public Record Report a problem
    1/16/2001Sold$680,000$237/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$68,598 -5.5%$4,536,700 -7.2%
    2024$72,619 +15.2%$4,890,400 +15%
    2023$63,031 +264.6%$4,253,900 +266.4%
    2022$17,286 +31.5%$1,161,000 +41.4%
    2021$13,146 -9.9%$821,200 -7.8%
    2020$14,587 -2.2%$890,300 -2.5%
    2019$14,912 $913,000 -3.5%
    2018$14,912 -2.5%$946,300 +12.6%
    2017$15,292 +11.5%$840,393 -16.9%
    2016$13,716 $1,010,700 +10.8%
    2015$13,716 +24.1%$911,800 +48.9%
    2014$11,052 +1.7%$612,400
    2013$10,872 -1.5%$612,400 -3.7%
    2012$11,036 -0.4%$635,800 -1.8%
    2011$11,084 -5.2%$647,600 -4%
    2010$11,694 -28.5%$674,700 -17.2%
    2009$16,364 $814,900 -20.1%
    2008$16,364 -46.4%$1,019,500 -46.5%
    2007$30,524 $1,906,600 -2.6%
    2006-- $1,957,200 +57.1%
    2005-- $1,245,800 +14.7%
    2004$19,586 +8.8%$1,086,600 +12.8%
    2003$17,999 +24.1%$963,200 +24.1%
    2002$14,509 +128.7%$775,900 +111.3%
    2001$6,345 +2.6%$367,124 +3%
    2000$6,184 $356,431
    Find assessor info on the county website

    Neighborhood: Indian Beach-Sapphire Shores

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Emma E. Booker 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
    $5,818,200
    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
    $5,818,200