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Sold for $1,135,000
  • $1,135,000

    5377 PALOS VERDES DRIVE, SARASOTA, FL 34231

    3beds
    1,842sqft
    Single Family Residence
    Built in 1958
    0.34 Acres Lot
    $1,091,400 Zestimate®
    $616/sqft
    $3,922 Estimated rent

    Home value

    $1,091,400

    $982,000 - $1.21M

    $3,922/mo

    Zestimate® history
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    What's special

    Waterfront escapePrivate dockRiverside deckMature oaksNew wood-look porcelain tileLush tropical landscapingBright open floor plan
    Discover your dream waterfront escape in this beautifully renovated 3-bedroom, 2-bath, 1,842 sq ft home with direct access to the Intracoastal Waterway and the Gulf of Mexico. Nestled under a canopy of mature oaks and surrounded by lush tropical landscaping, this property offers the perfect blend of privacy, comfort, and Florida coastal charm. Inside, the bright open floor plan features stunning new wood-look porcelain tile throughout, adding warmth and style while enhancing the seamless flow between spaces. The fully updated kitchen boasts sleek, modern finishes ideal for everyday living and entertaining, while both bathrooms have been completely remodeled with contemporary design and upscale details. Two expansive screened living areas provide year-round enjoyment, blending indoor comfort with the beauty of the outdoors—perfect for relaxing, dining, or soaking in sweeping water views. Whether sipping coffee at sunrise or unwinding with sunset cocktails, every inch of this home is designed to maximize your connection to nature. Step outside to your own private dock, where you can launch a boat, cast a fishing line, or simply enjoy the tranquil waterfront setting. A shady riverside deck provides a peaceful place to gather under the trees, with direct access to the Intracoastal and quick passage to the open Gulf. Recent upgrades include a brand new energy-efficient heat pump and two new 50-gallon water heaters for enhanced comfort and reliability. The property also features ample parking, storage, and a thoughtfully landscaped yard with irrigation. Located just minutes from the world-famous white sand beaches of Siesta Key and the vibrant restaurants, shops, and arts scene of downtown Sarasota, this home offers the best of both worlds—natural beauty and modern convenience. Whether you're seeking a full-time residence, a seasonal retreat, or a high-potential rental property, this turnkey waterfront haven is a rare opportunity to own a slice of Gulf Coast paradise. List Agent is owner.

    Zillow last checked:

    Listing updated:

    Listed by:

    Gloria Pearon 703-424-8466,

    EXP REALTY LLC 888-883-8509

    Bought with:

    Tyson Quire, 3426087

    KELLER WILLIAMS ON THE WATER S

    Source: Stellar MLS,MLS#: A4651075MLS LogoOriginating MLS: Sarasota - Manatee

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    • Full bathrooms: 2
    Rooms
    • Room types: Florida Room
    Primary bedroom
    • Features: Ceiling Fan(s), En Suite Bathroom, Walk-In Closet(s)
    • Level: First
    • Area: 240 Square Feet
    • Dimensions: 15x16
    Bedroom 2
    • Features: Ceiling Fan(s), Built-in Closet
    • Level: First
    • Area: 169 Square Feet
    • Dimensions: 13x13
    Bedroom 3
    • Features: Ceiling Fan(s), Built-in Closet
    • Level: First
    Primary bathroom
    • Features: Dual Sinks, Exhaust Fan, Multiple Shower Heads, Rain Shower Head, Tub with Separate Shower Stall
    • Level: First
    • Area: 120 Square Feet
    • Dimensions: 12x10
    Bathroom 2
    • Features: Dual Sinks, Exhaust Fan, Multiple Shower Heads, Shower No Tub
    • Level: First
    • Area: 72 Square Feet
    • Dimensions: 8x9
    Dining room
    • Level: First
    • Area: 96 Square Feet
    • Dimensions: 8x12
    Florida room
    • Features: Ceiling Fan(s)
    • Level: First
    • Area: 364 Square Feet
    • Dimensions: 14x26
    Florida room
    • Level: First
    • Area: 190 Square Feet
    • Dimensions: 19x10
    Foyer
    • Features: Coat Closet
    • Level: First
    • Area: 42 Square Feet
    • Dimensions: 6x7
    Kitchen
    • Features: Breakfast Bar, Kitchen Island, Pantry, Walk-In Closet(s)
    • Level: First
    • Area: 270 Square Feet
    • Dimensions: 18x15
    Laundry
    • Features: Storage Closet
    • Level: First
    • Area: 72 Square Feet
    • Dimensions: 8x9
    Living room
    • Features: Ceiling Fan(s)
    • Level: First
    • Area: 432 Square Feet
    • Dimensions: 18x24
    Heating
    • Electric, Heat Pump
    Cooling
    • Central Air
    Appliances
    • Included: Dishwasher, Disposal, Dryer, Electric Water Heater, Exhaust Fan, Microwave, Range, Range Hood, Refrigerator, Washer, Water Filtration System, Wine Refrigerator
    • Laundry: Electric Dryer Hookup, Inside, Laundry Closet, Laundry Room, Washer Hookup
    Features
    • Attic Ventilator, Ceiling Fan(s), Crown Molding, Eating Space In Kitchen, Kitchen/Family Room Combo, Open Floorplan, Primary Bedroom Main Floor, Walk-In Closet(s)
    • Flooring: Porcelain Tile, Slate
    • Doors: French Doors, Sliding Doors
    • Has fireplace: No
    Interior area
    • Total structure area: 2,370
    • Total interior livable area: 1,842 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Driveway, Garage Door Opener, Ground Level, Off Street, Oversized
    • Attached garage spaces: 2
    • Has uncovered spaces: Yes
    • Details: Garage Dimensions: 26X22
    Features
    • Levels: One
    • Stories: 1
    • Patio & porch: Covered, Deck, Front Porch, Rear Porch, Screened
    • Exterior features: Irrigation System, Rain Gutters
    • Has view: Yes
    • View description: Water, River
    • Has water view: Yes
    • Water view: Water,River
    • Waterfront features: Bay/Harbor, River Front, Bay/Harbor Access, River Access, Seawall
    • Body of water: PHILLIPPI CREEK
    Lot
    • Size: 0.34 Acres
    • Features: Cul-De-Sac, Level, Private
    • Residential vegetation: Mature Landscaping, Oak Trees, Trees/Landscaped
    Details
    • Parcel number: 0086050027
    • Zoning: RSF2
    • Special conditions: None

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Florida
    • Property subtype: Single Family Residence
    Materials
    • Block, Stucco
    • Foundation: Slab
    • Roof: Metal
    Condition
    • New construction: No
    • Year built: 1958

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: BB/HS Internet Available, Electricity Available, Fiber Optics, Phone Available, Public, Sewer Connected, Water Connected

    Community & HOA

    Community
    • Features: Dock, Fishing, River, Water Access
    • Security: Smoke Detector(s)
    • Pet fee: $0 monthly
    • Subdivision: RIVER FOREST
    HOA
    • Has HOA: Yes
    • HOA fee: $13 monthly
    Location
    • Region: Sarasota

    Financial & listing details

    • Price per square foot: $616/sqft
    • Tax assessed value: $1,127,400
    • Annual tax amount: $6,827
    • Date on market: 5/5/2025
    • Cumulative days on market: 44 days
    • Listing terms: Cash,Conventional
    • Ownership: Fee Simple
    • Total actual rent: 0
    • Electric utility on property: Yes
    • Road surface type: Asphalt

    Price history

    DateEventPrice
    7/17/2025Sold$1,135,000-9.2%$616/sqft
    Source: Stellar MLS #A4651075 Report a problem
    6/19/2025Pending sale$1,250,000$679/sqft
    Source: Stellar MLS #A4651075 Report a problem
    5/23/2025Price change$1,250,000-5.7%$679/sqft
    Source: Stellar MLS #A4651075 Report a problem
    5/5/2025Listed for sale$1,325,000+82.3%$719/sqft
    Source: Stellar MLS #A4651075 Report a problem
    11/15/2024Sold$727,000+15.6%$395/sqft
    Source: Public Record Report a problem
    3/24/2021Listing removed--
    Source: Owner Report a problem
    6/19/2017Sold$629,000-3.2%$341/sqft
    Source: Public Record Report a problem
    2/7/2017Listing removed$649,900$353/sqft
    Source: Owner Report a problem
    2/3/2017Listed for sale$649,900$353/sqft
    Source: Owner Report a problem
    4/12/2016Listing removed$4,700$3/sqft
    Source: JENNETTE PROPERTIES INC #A3993282 Report a problem
    11/25/2015Price change$4,700+4.4%$3/sqft
    Source: JENNETTE PROPERTIES INC #A3993282 Report a problem
    2/23/2014Listed for rent$4,500$2/sqft
    Source: JENNETTE PROPERTIES INC #A3993282 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$14,013 +105.3%$1,127,400 +102.7%
    2024$6,827 +3.3%$556,207 +3%
    2023$6,606 +2%$540,007 +3%
    2022$6,474 -0.8%$524,279 +3%
    2021$6,528 -0.5%$509,009 +1.4%
    2020$6,560 +2.1%$501,981 +2.3%
    2019$6,427 $490,695 -6.9%
    2018$6,427 -12.1%$527,000 -0.8%
    2017$7,314 +121.2%$531,100 +1.9%
    2016$3,306 $521,300 +3%
    2015$3,306 $506,300 +124.7%
    2014$3,306 +0.3%$225,344
    2013$3,297 +2.4%$225,344 +1.7%
    2012$3,218 +4.4%$221,577 +3%
    2011$3,084 -2.1%$215,123 +1.5%
    2010$3,151 +6.5%$211,944 +2.7%
    2009$2,958 $206,372 +0.1%
    2008$2,958 +3.4%$206,166 +3%
    2007$2,862 $200,161 +2.5%
    2006-- $195,279 +3%
    2005-- $189,591 +3%
    2004$2,959 -0.9%$184,069 +1.9%
    2003$2,987 +0.4%$180,637 +2.4%
    2002$2,976 +7.3%$176,403 +1.6%
    2001$2,774 +2.4%$173,625 +3%
    2000$2,709 $168,568
    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: 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
    $1,091,400
    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
    $1,091,400