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377 S SHORE DRIVE

House For Sale
$2,390,000

BTC: 38.92508143

ETH: 1,368.84306987

-$360K (2025/11/14)
283 days
Waterfront
3 bds
2 ba
1,943 sqft

Overview

Amazing opportunity to create your waterfront estate in Sapphire Shores, where history, culture, and growth meet. This 16,378 sq. ft. lot offers 87 feet of water frontage, a private dock, and direct access to Sarasota Bay. Positioned along a quiet shoreline, it overlooks an almost 900-foot-wide deep-water basin, providing both privacy and natural beauty. Sapphire Shores combines legacy estates, striking new builds, and proximity to cultural landmarks such as The Ringling Museum and Asolo Theatre. With the North Trails ongoing transformation, including new developments, zoning updates, Ringling Colleges expansion the neighborhood is emerging as a prime location for luxury residences. Whether for a custom estate or a speculative project, this is a rare chance to secure a large waterfront property in one of Sarasota's most dynamic luxury neighborhoods.

Location

Details

Type:
Residential
Parking:
Driveway
Year Built:
1954
Lot:
0.38 Acres
Heating:
None
Price/sqft:
$1,230
Cooling:
None
HOA:
$30

Valuation

Our model vs. what's actually selling nearby.
Estimate
$430,000
$325K – $1.6M
Confidence Low
List vs. estimate
$2.0M above estimate
List $2,390,000 · +455.8%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Price per sq ft
$1,230
+273.6% vs. city median $329
Based on
5 MLS comparables
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$21,819
2025
HOA
$30/yr
Pool
In Ground
View
Water
Waterfront
Bay/Harbor
Garage
2 car garage
Pets
Allowed
All facts and features
  • Flooring

    • Other

    • Terrazzo

    Heating

    • None

    Cooling

    • None

    Appliances

    • Other

    Other interior features

    • Ninguno

    Bedrooms and bathrooms

    • Bedrooms: 3

    • Bathrooms: 1

    • Full bathrooms: 2

  • Parking

    • Driveway

    Property

    • Levels: One

    • Pool Private: Yes

    • Exterior Features: Private Mailbox / Sliding Doors

    Lot

    • Lot: 0.38 Acres

    Other Property Information

    • Parcel Number: 2003160023

    • Zoning: RSF1

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Single Family Residence

  • Utility

    • Cable Available

    • Electricity Available

    • Public

    • Sewer Connected

    • Sprinkler Well

    • Water Connected

  • Other financial information

    • HOA: $30

    • HOA Frequency: Annually

    • Annual tax amount: $21,819

  • Source details

    • MLS ID: A4662448

    Other facts

    • Construction Materials: Stucco / Wood Frame

    • Foundation Details: Slab

    • Fireplace Features: Wood Burning

    • Laundry Features: Other

    • Lot Features: FloodZone / City Lot / Level

    • Patio And Porch Features: Covered / Patio

    • Pool Features: In Ground / Lighting

    • Direction Faces: South

    • Architectural Style: Florida / Other / Ranch

    • Waterfront: Yes

    • Fireplace: Yes

    • Water Body Name: SARASOTA BAY

    • Garage Spaces: 2

    • Attached Garage: Yes

    • Garage: Yes

    • Living Area: 1943

    • Water Source: Public

    • Subdivision Name: INDIAN BEACH - SAPPHIRE 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