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Under contract
    • Price cut: $300K (5/23)
    $3,800,000

    480 Cleveland Dr, Sarasota, FL 34236

    3beds
    2,875sqft
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    Single Family Residence
    Built in 1967
    0.29 Acres Lot
    $-- Zestimate®
    $1,322/sqft
    $-- HOA

    What's special

    Serene private settingScreened-in south-facing heated poolBuilt-in microwaveFloating shelvesExpansive living spacesAmple cabinetry
    Under contract-accepting backup offers. Experience the ultimate in coastal luxury with this exceptional waterfront residence on Lido Key. Perfectly positioned along a wide, private deep-water canal, this beautifully renovated 3-bedroom, 3.5-bath home offers direct, bridge-free boating access to the Intracoastal Waterway and the Gulf of Mexico—an extraordinary feature for boating enthusiasts. Just two blocks from pristine Lido Beach and within walking distance to the vibrant shops and restaurants of St. Armands Circle, this home combines an unbeatable location with a serene, private setting. Designed to maximize its stunning waterfront surroundings, the home features expansive living spaces with six sets of sliding glass doors that seamlessly blend indoor and outdoor living. Step outside to a screened-in, south-facing heated pool and spacious paver deck—ideal for entertaining or simply relaxing while enjoying tranquil canal views. The private dock 2024 is fully equipped with a lift, power, and water, making it effortless to get out on the water at a moment’s notice. Lift can take 12,000 pounds. Inside, the home has been completely renovated in 2025 with a focus on modern elegance and functionality. The kitchen showcases stainless steel appliances, a built-in microwave, floating shelves, and ample cabinetry, along with a conveniently located pantry adjacent to the laundry room with utility sink. Porcelain tile flooring runs throughout, enhancing the home’s clean, sophisticated aesthetic. A thoughtfully designed layout offers both comfort and flexibility. A front-facing guest suite provides privacy for visitors, while a light-filled office or den—framed by three bay windows and enclosed with French doors—serves as an ideal workspace or additional living area. The primary suite is a private retreat featuring custom dual closets and a spa-inspired bathroom with floor-to-ceiling tile, glass-enclosed shower, and plantation shutters. A stylish half bath adds convenience for guests. Rental Projections avail. Investment Opportunity. Offered fully furnished, this home is truly move-in ready and designed for effortless coastal living. Enjoy quiet, walkable streets, nearby nature trails, and easy access to downtown Sarasota via the Ringling Bridge, where world-class dining, arts, and culture await. This is a rare opportunity to own a turnkey waterfront sanctuary in one of Sarasota’s most coveted island communities—where luxury, location, and lifestyle come together seamlessly. Walk to Lido Beach and catch a Sunset Or take the boat!
    209 days
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    Zillow last checked:

    Listing updated:

    Listed by:

    Rachel Tritschler 941-993-5892,

    RE/MAX ALLIANCE GROUP 941-954-5454,

    Rick Tritschler, Jr. 941-928-1292,

    RE/MAX ALLIANCE GROUP

    Source: Stellar MLS,MLS#: A4672676MLS LogoOriginating MLS: Sarasota - Manatee

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 4
      • Full bathrooms: 3
      • 1/2 bathrooms: 1
      Rooms
      • Room types: Family Room
      Other
      • Features: En Suite Bathroom, Walk-In Closet(s)
      • Level: First
      • Area: 176 Square Feet
      • Dimensions: 11x16
      Primary bedroom
      • Features: En Suite Bathroom, Walk-In Closet(s)
      • Level: First
      • Area: 154 Square Feet
      • Dimensions: 11x14
      Bedroom 3
      • Features: Walk-In Closet(s)
      • Level: First
      • Area: 121 Square Feet
      • Dimensions: 11x11
      Balcony porch lanai
      • Level: First
      • Area: 1190 Square Feet
      • Dimensions: 34x35
      Dinette
      • Level: First
      • Area: 143 Square Feet
      • Dimensions: 11x13
      Dining room
      • Level: First
      • Area: 210 Square Feet
      • Dimensions: 14x15
      Family room
      • Level: First
      • Area: 252 Square Feet
      • Dimensions: 21x12
      Kitchen
      • Level: First
      • Area: 224 Square Feet
      • Dimensions: 14x16
      Living room
      • Level: First
      • Area: 266 Square Feet
      • Dimensions: 19x14
      Office
      • Level: First
      • Area: 165 Square Feet
      • Dimensions: 15x11
      Heating
      • Central, Electric
      Cooling
      • Central Air
      Appliances
      • Included: Dishwasher, Disposal, Dryer, Microwave, Range, Range Hood, Refrigerator, Washer, Wine Refrigerator
      • Laundry: Inside, Laundry Room
      Features
      • Built-in Features, Ceiling Fan(s), Eating Space In Kitchen, High Ceilings, Kitchen/Family Room Combo, Living Room/Dining Room Combo, Open Floorplan, Primary Bedroom Main Floor, Solid Wood Cabinets, Split Bedroom, Stone Counters, Thermostat, Walk-In Closet(s)
      • Flooring: Porcelain Tile
      • Doors: Sliding Doors
      • Windows: Window Treatments
      • Has fireplace: No
      Interior area
      • Total structure area: 3,479
      • Total interior livable area: 2,875 sqft
      Video & virtual tour

      Property

      Parking
      • Total spaces: 2
      • Parking features: Driveway, Garage Door Opener
      • Attached garage spaces: 2
      • Has uncovered spaces: Yes
      Features
      • Levels: One
      • Stories: 1
      • Patio & porch: Covered, Deck, Patio, Screened
      • Exterior features: Private Entrance, Private Mailbox, Private Yard, Rain Gutters
      • Has private pool: Yes
      • Pool features: In Ground
      • Has view: Yes
      • View description: Pool, Water, Canal
      • Has water view: Yes
      • Water view: Water,Canal
      • Waterfront features: Canal - Saltwater, Canal Front, Bay/Harbor Access, Saltwater Canal Access, Gulf/Ocean Access, Intracoastal Waterway Access, Boat Ramp - Private, Bridges - No Fixed Bridges, Lift
      Lot
      • Size: 0.29 Acres
      • Features: City Lot
      • Residential vegetation: Mature Landscaping
      Details
      • Parcel number: 2016070013
      • Zoning: RSF1
      • Special conditions: None

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Florida,Mediterranean
      • Property subtype: Single Family Residence
      Materials
      • Block, Stucco
      • Foundation: Slab
      • Roof: Tile
      Condition
      • New construction: No
      • Year built: 1967

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: BB/HS Internet Available, Cable Connected, Electricity Connected, Natural Gas Connected, Public, Sewer Connected, Water Connected

      Community & HOA

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

      Financial & listing details

      • Price per square foot: $1,322/sqft
      • Tax assessed value: $2,508,500
      • Annual tax amount: $47,931
      • Date on market: 12/24/2025
      • Cumulative days on market: 187 days
      • Listing terms: Cash,Conventional,FHA,VA Loan
      • Ownership: Fee Simple
      • Total actual rent: 0
      • Electric utility on property: Yes
      • Road surface type: Asphalt, Paved

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $7,872/mo

        Price history

        DateEventPrice
        7/8/2026Contingent$3,800,000$1,322/sqft
        Source: Stellar MLS #A4672676 Report a problem
        6/15/2026Pending sale$3,800,000$1,322/sqft
        Source: Stellar MLS #A4672676 Report a problem
        5/23/2026Price change$3,800,000-7.3%$1,322/sqft
        Source: Stellar MLS #A4672676 Report a problem
        4/17/2026Price change$4,100,000-8.9%$1,426/sqft
        Source: Stellar MLS #A4672676 Report a problem
        3/16/2026Price change$4,500,000-4.3%$1,565/sqft
        Source: Stellar MLS #A4672676 Report a problem
        2/14/2026Price change$4,700,000-4.1%$1,635/sqft
        Source: Stellar MLS #A4672676 Report a problem
        1/20/2026Price change$4,900,000-5.8%$1,704/sqft
        Source: Stellar MLS #A4672676 Report a problem
        12/24/2025Listed for sale$5,200,000+23.8%$1,809/sqft
        Source: Stellar MLS #A4672676 Report a problem
        5/1/2023Sold$4,200,000+133.3%$1,461/sqft
        Source: Public Record Report a problem
        8/21/2007Sold$1,800,000+89.5%$626/sqft
        Source: Public Record Report a problem
        5/4/2001Sold$950,000+137.5%$330/sqft
        Source: Public Record Report a problem
        5/17/1994Sold$400,000$139/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$37,936 -20.9%$2,508,500 -22.6%
        2024$47,931 +35.8%$3,240,600 +82.1%
        2023$35,301 +18%$1,779,680 +10%
        2022$29,914 +22%$1,617,891 +10%
        2021$24,517 +13.3%$1,470,810 +10%
        2020$21,634 -1.7%$1,337,100 -2%
        2019$22,018 $1,364,500 +1.8%
        2018$22,018 +1.5%$1,340,400 +9.6%
        2017$21,701 +16.9%$1,223,400 -0.3%
        2016$18,561 $1,227,100 +12.7%
        2015$18,561 $1,088,900 -23.8%
        2014$18,561 -25%$1,428,400
        2013$24,760 +6.3%$1,428,400 +4%
        2012$23,299 +3.1%$1,372,900 +3.9%
        2011$22,596 +10.6%$1,321,320 +10%
        2010$20,438 -11.7%$1,201,200 -7%
        2009$23,145 $1,291,900 -11.3%
        2008$23,145 -13.2%$1,457,100 -12.6%
        2007$26,660 $1,666,800 -16.6%
        2006-- $1,997,500 +46.7%
        2005-- $1,361,200 +3.3%
        2004$23,602 +6.9%$1,317,600 +10.7%
        2003$22,088 +27.1%$1,190,400 +26.8%
        2002$17,379 +95.2%$938,800 +80.5%
        2001$8,902 +2.4%$520,036 +3%
        2000$8,690 $504,889
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: Lido Key

        Getting around

        47 / 100
        Car-Dependent
        0 / 100
        No Nearby Transit
        60 / 100
        Bikeable

        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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