305 SHORE DRIVE

SARASOTA, FL 34234

Listing courtesy of CHROME REALTY LLC · MLS# A4697091

$3,900,000

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Property Details

Lot size

0.44 acres

Zoning

RSF1

Price / acre

$8,863,636

MLS#

A4697091

Listed

June 16, 2026

Description

Exceptional Sarasota bayfront homesite in Indian Beach/Sapphire Shores. A rare opportunity to build your custom waterfront home on one of Sarasota's most desirable bayfront streets—South Shore Drive. Situated at the end of a protected peninsula in the highly sought-after Indian Beach/Sapphire Shores neighborhood, this waterfront property spans approximately 0.44 acres (19,234± square feet) and offers over 200 feet of boatable water frontage with expansive views of Sarasota Bay, easy travel to the Intracoastal Waterway, and beautiful sunset views. The property features a 4' x 43' private dock, a 15,000-pound boat lift with new electrical service, and direct access to Sarasota Bay, making it ideal for boating enthusiasts. The 200+ feet of concrete seawall was recapped in 2015. Enjoy open-water views and a prime setting for creating a custom residence that takes full advantage of the waterfront lifestyle. Several bayfront parks are within walking distance, and the neighborhood's tree-lined, bicycle-friendly streets add to its appeal. Conveniently located just minutes from the The John and Mable Ringling Museum of Art, Asolo Repertory Theatre, downtown Sarasota, and Sarasota-Bradenton International Airport. Nearby less then 10 t0 15 minutes are Siesta Beach, Lido Beach, Longboat Key Beach, and St. Armand's Circle. Simply enjoy Sarasota's renowned dining, shopping, arts, and cultural attractions. Build the waterfront estate you've always imagined and experience the very best of Sarasota's luxury coastal lifestyle in tropical paradise.

Facts & Costs

Property type: Land
Zoning: RSF1
Current use: Residential
Lot dimensions: 180X200
Price per acre: $8,863,636
Waterfront frontage: 200 ft
Road surface: Paved
Lot size: 0.44 acres
Days on market: 106
Waterfront: Yes
Community: Sapphire Shores
Subdivision: SAPPHIRE SHORES RESUB
County: Sarasota
Flood zone: AE/VE

Monthly & yearly costs

Property taxes: $32,242 / year (2025)

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

Utilities & lot

Utilities: BB/HS Internet Available, Cable Available, Electricity Available, Phone Available, Public, Sprinkler Well, Underground Utilities, Water Connected
Sewer: Public Sewer
Water: Well
Lot features: Buildable, Cul-De-Sac, Paved
View: Water

Payment Estimate

$22,407 / month

Principal & interest: $19,721
Property taxes: $2,687
HOA: $0
Home insurance: enter below

Down payment (20%)$780,000Interest rate (%)Loan termHome insurance ($/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

Bay/Harbor

Information deemed reliable but not guaranteed.

Listings courtesy of Stellar MLS as distributed by MLS GRID

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