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Sold for $1,950,000
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  • $1,950,000

    587 47th St, Sarasota, FL 34234

    3beds
    2,939sqft
    Single Family Residence
    Built in 2005
    0.53 Acres Lot
    $1,927,500 Zestimate®
    $663/sqft
    $4,616 Estimated rent

    Home value

    $1,927,500

    $1.75M - $2.12M

    $4,616/mo

    Zestimate® history
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    What's special

    Screened-in courtyardAdditional bedroom suiteHigh ceilingsLarge windowsNatural surroundingsPrivate saunaBeautifully designed yard
    A true architectural gem, this custom-designed home, built by Bluewater Construction, has high ceilings and large windows which harmonizes beautifully with its natural surroundings. The residence wraps around a stunning 60-foot heated saltwater lap pool with a spa, all enclosed within a screened-in courtyard. This exceptional 3-bedroom, 3.5-bath home also features a private sauna, offering a spa-like retreat. A detached yet connected wing currently serves as an additional bedroom suite but could be used as a studio or gym. A new roof was added in 2025. The gated driveway provides both security and privacy as you enjoy your beautifully designed yard by DWY Landscape Architects. Nestled on a serene half-acre of wooded land in Indian Beach/Sapphire Shores, it is just a few blocks from the Ringling Museum and a quick drive to downtown Sarasota for dining, shopping, entertainment and so much more. Seller will consider offers including payment in Bitcoin, subject to title and escrow approval.

    Zillow last checked:

    Listing updated:

    Listed by:

    Rinat Sikdar 941-993-9292,

    COLDWELL BANKER REALTY 941-383-6411

    Bought with:

    Lenore Treiman, 0511583

    MICHAEL SAUNDERS & COMPANY

    Source: Stellar MLS,MLS#: A4644032MLS LogoOriginating MLS: Sarasota - Manatee

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 4
    • Full bathrooms: 3
    • 1/2 bathrooms: 1
    Rooms
    • Room types: Den/Library/Office, Family Room, Loft
    Primary bedroom
    • Features: Walk-In Closet(s)
    • Level: Second
    Kitchen
    • Level: First
    Living room
    • Level: First
    Heating
    • Electric, Natural Gas
    Cooling
    • Central Air
    Appliances
    • Included: Oven, Dishwasher, Disposal, Dryer, Range, Range Hood, Refrigerator, Tankless Water Heater, Washer
    • Laundry: Laundry Room
    Features
    • Cathedral Ceiling(s), High Ceilings, Sauna, Walk-In Closet(s)
    • Flooring: Engineered Hardwood, Travertine
    • Doors: Sliding Doors
    • Has fireplace: Yes
    • Fireplace features: Gas
    Interior area
    • Total structure area: 4,737
    • Total interior livable area: 2,939 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Driveway, Oversized
    • Attached garage spaces: 2
    • Has uncovered spaces: Yes
    Features
    • Levels: Two
    • Stories: 2
    • Patio & porch: Deck
    • Exterior features: Courtyard, Private Mailbox
    • Has private pool: Yes
    • Pool features: In Ground, Lap
    • Has spa: Yes
    • Spa features: In Ground
    • Fencing: Fenced
    • Has view: Yes
    • View description: Pool, Trees/Woods
    Lot
    • Size: 0.53 Acres
    • Features: Landscaped, Oversized Lot
    • Residential vegetation: Trees/Landscaped
    Details
    • Additional structures: Guest House
    • Parcel number: 2001130013
    • Zoning: RSF2
    • Special conditions: None

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Materials
    • Block, Stucco
    • Foundation: Slab
    • Roof: Membrane,Shingle
    Condition
    • New construction: No
    • Year built: 2005

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Cable Connected, Electricity Connected, Natural Gas Connected, Public, Sewer Connected

    Community & HOA

    Community
    • Security: Security Gate
    • Pet fee: $0 monthly
    • Subdivision: SAPPHIRE SHORES
    HOA
    • Has HOA: No
    Location
    • Region: Sarasota

    Financial & listing details

    • Price per square foot: $663/sqft
    • Tax assessed value: $1,492,700
    • Annual tax amount: $24,101
    • Date on market: 3/16/2025
    • Cumulative days on market: 248 days
    • Listing terms: Owner May Carry
    • Ownership: Fee Simple
    • Total actual rent: 0
    • Electric utility on property: Yes
    • Road surface type: Paved

    Price history

    DateEventPrice
    2/2/2026Sold$1,950,000-9.3%$663/sqft
    Source: Stellar MLS #A4644032 Report a problem
    2/2/2026Listing removed$13,000$4/sqft
    Source: Stellar MLS #A4662279 Report a problem
    12/10/2025Pending sale$2,150,000$732/sqft
    Source: Stellar MLS #A4644032 Report a problem
    11/19/2025Price change$2,150,000-8.5%$732/sqft
    Source: Stellar MLS #A4644032 Report a problem
    10/17/2025Price change$2,350,000-6%$800/sqft
    Source: Stellar MLS #A4644032 Report a problem
    8/20/2025Price change$13,000-13.3%$4/sqft
    Source: Stellar MLS #A4662279 Report a problem
    8/15/2025Listed for rent$15,000+25%$5/sqft
    Source: Stellar MLS #A4662279 Report a problem
    7/7/2025Listed for sale$2,500,000-7.4%$851/sqft
    Source: Stellar MLS #A4644032 Report a problem
    6/17/2025Listing removed$12,000$4/sqft
    Source: Stellar MLS #A4654977 Report a problem
    6/6/2025Listed for rent$12,000$4/sqft
    Source: Stellar MLS #A4654977 Report a problem
    6/1/2025Price change$2,700,000-5.3%$919/sqft
    Source: Stellar MLS #A4644032 Report a problem
    5/4/2025Price change$2,850,000-1.7%$970/sqft
    Source: Stellar MLS #A4644032 Report a problem
    3/16/2025Listed for sale$2,900,000+180.2%$987/sqft
    Source: Stellar MLS #A4644032 Report a problem
    10/3/2023Listing removed--
    Source: Zillow Rentals Report a problem
    9/19/2023Price change$12,000-40%$4/sqft
    Source: Zillow Rentals Report a problem
    9/5/2023Listed for rent$20,000$7/sqft
    Source: Zillow Rentals Report a problem
    6/13/2023Listing removed--
    Source: Zillow Rentals Report a problem
    5/30/2023Listed for rent$20,000$7/sqft
    Source: Zillow Rentals Report a problem
    1/11/2019Sold$1,035,000-13.4%$352/sqft
    Source: Public Record Report a problem
    11/24/2018Pending sale$1,195,000$407/sqft
    Source: Coldwell Banker Residential Real Estate - Sarasota Downtown #A4405724 Report a problem
    11/9/2018Price change$1,195,000-7.3%$407/sqft
    Source: Coldwell Banker Residential Real Estate - Sarasota Downtown #A4405724 Report a problem
    8/20/2018Price change$1,289,000-6.3%$439/sqft
    Source: Coldwell Banker Residential Real Estate - Sarasota Downtown #A4405724 Report a problem
    6/18/2018Listed for sale$1,375,000+65.7%$468/sqft
    Source: Coldwell Banker Residential Real Estate - Sarasota Downtown #A4405724 Report a problem
    11/14/2011Sold$830,000-7.7%$282/sqft
    Source: Public Record Report a problem
    4/20/2011Listed for sale$899,000$306/sqft
    Source: WAGNER REALTY #A3928358 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$22,899 -5%$1,492,700 -6.8%
    2024$24,101 -0.9%$1,601,100 -0.5%
    2023$24,312 +81.6%$1,609,500 +78.9%
    2022$13,388 +0.1%$899,876 +3%
    2021$13,371 -0.3%$873,666 +2.2%
    2020$13,416 +17.3%$854,700 +16.7%
    2019$11,440 $732,492 +1.9%
    2018$11,440 +1.6%$718,834 +2.1%
    2017$11,255 -0.4%$704,049 -16.1%
    2016$11,296 $839,600 +7.6%
    2015$11,296 $780,200 +16.6%
    2014$11,296 +0.4%$669,300
    2013$11,250 +2.5%$669,300 +0.5%
    2012$10,979 +51%$666,300 +47.9%
    2011$7,271 +0.1%$450,559 +1.5%
    2010$7,263 -28%$443,900 -18.1%
    2009$10,092 $542,200 -17%
    2008$10,092 -21.3%$653,100 -19.1%
    2007$12,826 $807,000 -3%
    2006-- $832,000 +805.3%
    2005-- $91,900 +17.1%
    2004$1,468 +5.9%$78,500 +9.9%
    2003$1,387 +24.3%$71,400 +24.6%
    2002$1,116 +32.9%$57,300 +29.9%
    2001$840 +13.4%$44,100 +16.1%
    2000$741 $38,000
    Find assessor info on the county website

    Neighborhood: Indian Beach-Sapphire Shores

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $1,927,500
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    Estimated market value
    $1,927,500