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1040 SYLVAN DRIVE

House Active With Contract
$1,450,000

BTC: 17.44046187

ETH: 547.16981132

-$45K (2026/07/17)
140 days
Waterfront
3 bds
2 ba
1,949 sqft

Overview

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.

Location

Details

Type:
Residential
Parking:
Driveway / Garage Door Opener
Year Built:
1980
Lot:
0.18 Acres
Heating:
Central / Electric
Price/sqft:
$744
Cooling:
Central Air
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$405,000
$294K – $546K
Confidence Low
List vs. estimate
$1.0M above estimate
List $1,450,000 · +258.0%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Price per sq ft
$743
+137.9% vs. city median $312
Based on
16 MLS comparables
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$15,027
2025
View
Water
Waterfront
Canal - Saltwater
Garage
1 car garage
All facts and features
  • Flooring

    • Concrete

    Heating

    • Central

    • Electric

    Cooling

    • Central Air

    Appliances

    • None

    Other interior features

    • Ninguno

    Bedrooms and bathrooms

    • Bedrooms: 3

    • Full bathrooms: 2

  • Parking

    • Driveway

    • Garage Door Opener

    Property

    • Levels: Two

    • Exterior Features: Balcony / French Doors / Private Yard / Sliding Doors

    Lot

    • Lot: 0.18 Acres

    Other Property Information

    • Parcel Number: 2006090013

    • Zoning: RSF2

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Single Family Residence

  • Utility

    • BB/HS Internet Available

    • Cable Available

    • Electricity Connected

    • Sewer Connected

    • Water Connected

  • Other financial information

    • Annual tax amount: $15,027

  • Source details

    • MLS ID: A4687776

    Other facts

    • Construction Materials: Concrete / Stucco

    • Foundation Details: Crawlspace / Slab

    • Laundry Features: In Garage

    • Lot Features: FloodZone / City Lot / Landscaped

    • Patio And Porch Features: Deck / Patio / Rear Porch / Side Porch

    • Direction Faces: North

    • Architectural Style: Bungalow / Custom

    • Waterfront: Yes

    • Water Body Name: WHITAKER BAYOU

    • Garage Spaces: 1

    • Attached Garage: Yes

    • Garage: Yes

    • Living Area: 1949

    • Water Source: Public

    • Subdivision Name: SYLVAN SHORES

Private inquiry
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The multiple listing information is provided by the Stellar MLS from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Stellar MLS. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: MICHAEL SAUNDERS & COMPANY