1040 SYLVAN DRIVE

SARASOTA, FL 34234

Listing courtesy of MICHAEL SAUNDERS & COMPANY · MLS# A4687776

$1,450,000

Active Under Contract

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Property Details

Bedrooms

Bathrooms

Square Feet

1,949

MLS#

A4687776

Listed

March 30, 2026

Description

Under contract-accepting backup offers. An exceptional opportunity awaits to create your dream waterfront retreat in one of Sarasota’s most desirable locations. This unique property offers the rare chance to either complete the existing structure to your exact specifications or design and build a custom home tailored to your vision. Set on a private, serene lot surrounded by lush greenery, the property provides a peaceful, tucked-away feel while still being remarkably close to everything Sarasota has to offer. Enjoy excellent boating water with direct access to Sarasota Bay and the Gulf, making it a true paradise for boating and water sport enthusiasts. The property is already equipped with a dock and boat lift, so you can start enjoying the waterfront lifestyle right away. Located on a quiet, tree-lined street, this homesite combines tranquility with convenience. You’ll be just minutes from Bayfront Park, downtown Sarasota’s vibrant shops and restaurants, the Ringling Museum, Sarasota-Bradenton International Airport, and the University Town Center. Whether you envision a modern coastal masterpiece or a timeless waterfront estate, this is a rare chance to bring your vision to life in an unbeatable location with outstanding boating access and exceptional privacy.

Facts & Costs

Property type: Single Family Residence
Year built: 1980
Lot size: 7,798 sq ft
Stories: 2
Garage: 1 spaces
Price per sq ft: $744
Days on market: 184
Private pool: No
Waterfront: Yes
Community: Sylvan Shores
Subdivision: SYLVAN SHORES
County: Sarasota
Flood zone: AE

Monthly & yearly costs

Property taxes: $15,027 / year (2025)

As reported by the listing agent. Verify with the HOA and county.

Construction & systems

Heating: Central, Electric
Cooling: Central Air
Flooring: Concrete
Roof: Shingle
Construction: Concrete, Stucco
Parking: Driveway, Garage Door Opener
View: Water

Payment Estimate

$8,584 / month

Principal & interest: $7,332
Property taxes: $1,252
HOA: $0
Home insurance: enter below

Down payment (20%)$290,000Interest rate (%)Loan termHome insurance ($/year)

Estimate only, not a loan offer. Rate is a starting value; taxes and HOA are as reported by the listing agent. Florida insurance (including flood) varies widely. Ask George for a lender referral.

Location

Features & Amenities

None
Ninguno
Balcony
Private Yard
Canal - Saltwater

Information deemed reliable but not guaranteed.

Listings courtesy of Stellar MLS as distributed by MLS GRID

Based on information submitted to the MLS GRID as of Sep 30, 2026, 7:15 PM EDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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