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3940 BAY SHORE ROAD

Lots/Land Recently Sold
$367,500

BTC: 5.74218750

ETH: 204.16666667

Sold on: 2020-12-16
New
0 room(s)

Overview

The Indian Beach neighborhood on Sarasota’s north side is undergoing a renaissance of redevelopment. This includes vintage Mediterranean restorations from the Ringling era, mid-century moderns with international pedigree and new, contemporary construction exhibiting a liberating variety of styles. 3940 Bay Shore Road is a classic, Florida ranch right in the middle of all the action! Many original elements remain like terrazzo floors, a cypress paneled sunroom with a beamed ceiling and beautifully tiled baths reminiscent of the 1950’s. The kitchen is large as are the windows providing long views over tropical foliage and allowing maximum light to stream in. There is enough character here to consider restoration and living “on grade” two lots from Sarasota Bay cannot be replaced. But clearly, this location is popular with those willing to make significant investment in new construction as dramatic homes are rising up on many nearby parcels. Indian Beach is nestled between many of Sarasota’s most prominent cultural and educational institutions. These include the John & Mable Ringling Museum of Art, the Asolo Theater of Performing Arts, New College of Florida and the Ringling College of Art & Design. Live and invest here to be just minutes north of downtown Sarasota and the Ringling Bridge which spans to serene Gulf of Mexico beaches on Lido and Longboat Key.

Location

Details

Type:
Land
Parking:
No Data
Year Built:
No Data
Lot:
0.25 Acres
Heating:
No Data
Price/sqft:
No Data
Cooling:
No Data
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$350,000
$107K – $915K
Confidence Low
List vs. estimate
$39K above estimate
List $389,000 · +11.1%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Based on
23 MLS comparables
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$4,173
2019
All facts and features
  • Lot

    • Lot: 0.25 Acres

    Other Property Information

    • Parcel Number: 2004140006

    • Zoning: RSF

  • Type and style

    • Property Type: Land

  • Utility

    • BB/HS Internet Capable

    • Cable Connected

    • Public

    • Sewer Connected

    • Street Lights

    • Water Connected

  • Other financial information

    • Annual tax amount: $4,173

  • Source details

    • MLS ID: A4483815

    Other facts

    • Lot Features: Buildable / Flood Plain / City Lot

    • Direction Faces: South

    • Water Source: None

    • Lot Size Dimensions: 80 x 137

Private inquiry
Talk to the advisor on this listing.
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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: COLDWELL BANKER REALTY