Open House Sat, Aug 22nd 01:00 PM - 03:00 PM - Price Reduction - Waterfront
Address
701 Tyler Drive, SARASOTA, FL
Price
$ 5,495,000
Property Attributes
  • MLS#A4676329
  • TypeSingle Family
  • Listing Status Active
  • CountySarasota
  • CitySARASOTA
  • AreaSarasota
  • NeighborhoodLIDO BEACH DIV B
  • Zip34236
  • StyleSingle Family Residence
  • Year Built1977
  • Taxes$ 26279
  • Price$ 5,495,000
  • Bedrooms4
  • Full Bathrooms4
  • Half Bathrooms0
  • Sqr Footage3832
  • Lot Size0.3 Acres
Data Source:
Stellar MLS
Property Description

An Exquisite Bayfront Residence on Prestigious Lido Key, Sarasota. This meticulously reimagined two-story bayfront masterpiece embodies the pinnacle of sophisticated coastal living. Offering 3,832 square feet of thoughtfully designed interior space which was fully renovated in 2017, including impact-resistant doors and windows and a new roof. The residence features 4 ensuite bedrooms, a state-of-the-art 2025 gourmet kitchen, designed for discerning entertainers, showcases premium appliances, custom cabinetry, and an expansive island that serves as the heart of the open-plan living areas. The new elegant flooring unifies the bright, voluminous interiors. The second story includes a spacious home office with views over the pool to the bay. Beyond the interiors lies a private waterfront sanctuary: a heated saltwater pool overlooks an expansive floating dock, ideally suited for vessels of varying sizes, kayaks, or paddleboards. Unobstructed sailboat access invites effortless exploration of the bay and beyond. Additional conveniences include a spacious two-car garage, proximity to downtown Sarasota's vibrant cultural scene, a 15-minute drive to Sarasota-Bradenton International Airport. Close by is the pristine sands of Lido Beach with the most spectacular sunsets and moments away is St. Armands Circle's dining and shopping. Framed by the preserved mangroves of Otter Key, the sheltered waters host an abundance of marine life, dolphins, manatees, and graceful wading birds frequently enchant residents with their presence. This extraordinary property represents a rare harmony of tranquil waterfront serenity, impeccable modern enhancements, and unparalleled proximity to Sarasota's finest amenities—an enduring legacy of refined coastal elegance. Independently certified appraisal on 03/05/2026 by Birkholz Appraisal Group: Value by sales comparison approach $5.9M and Value by cost approach $6.2M

Elementary School Middle School High School
Southside Elementary Elementary School Booker Middle Middle School Booker High High School
Price History
1/12/2026 Listed $6,400,000
3/24/2026 6$5,995,000
5/15/2026 3$5,795,000
8/18/2026 5$5,495,000

General Features

Sewer Public Sewer
Heating Electric,Heat Pump
Cooling Central Air
Utilities Cable Connected,Electricity Connected,Natural Gas Connected
Roof Metal
Appliances Bar Fridge,Built-In Oven,Dishwasher,Disposal,Dryer,Electric Water Heater,Microwave,Range,Range Hood,Refrigerator,Washer
Zoning RSF1
Garage Spaces 2
Pool Features Gunite,Heated,In Ground,Salt Water
Construction Materials Block,Stucco,Wood Frame
Pets Allowed Cats OK,Dogs OK
Year Built 1977
Levels Two
Property Subtype Single Family Residence
Tax Year 2025
Ownership Fee Simple
Waterfront Features Bay/Harbor
County Sarasota
New Construction false
Property Type Residential
Attached Garage true
Subdivision Name LIDO BEACH DIV B
Facing Direction South
Garage Y/N true
Total Rooms 3
Full Baths 4
Status Active
Directions From I-75 North, take Exit 210 toward University Parkway/FL-CR 610 West. Head west on University Parkway/CR-610 toward Sarasota (this is a main route into the city). Continue straight as University Parkway becomes US-41 (Tamiami Trail) heading into Sarasota. From US-41, follow signs for State Road 789/John Ringling Causeway — this will take you west toward Lido Key and St. Armands Circle by crossing the John Ringling Causeway Bridge over Sarasota Bay. Wikipedia After crossing onto Lido Key, continue on St. Armands Circle Drive and follow local streets toward the beachfront neighborhoods. Turn toward Tyler Drive (local Lido Key roads), then navigate to 701 Tyler Drive near the waterfront area
High School Booker High
City SARASOTA
Senior Community Y/N false
MLS Area 34236 - Sarasota
Lot Size Units Square Feet
Lot Size Square Feet 12888
Carport Y/N false
Elementary School Southside Elementary
Land Lease Y/N false
Tax Annual Amount 26279.39
Middle/Junior High School Booker Middle
Additional Parcels Y/N false
Lease Considered Y/N true
Virtual Tour https://www.propertypanorama.com/instaview/stellar/A4676329
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
Occupancy Type Owner
Tax Lot 20
Legal Description ELY 3/4 OF LOT 20 & W 1/2 LOT 21 BLK 59 & ALL LANDS LYING BETWEEN THE NLY LINE OF SAID LOTS & WATERS OF SARASOTA BAY SUB OF BLKS 50 57 59 60 61 63 & 63 PLAT 3 JOHN RINGLING EST INC LIDO BEACH
Water View Bay/Harbor - Full
Water Access Type Bay/Harbor
Minimum Lease 1 Week
Water Access Y/N true
Water View Y/N true
Flood Zone Code AE
In Law Suite YN false
DockY/N true

Interior Features

Interior Amenities Thermostat,Walk-In Closet(s)
Flooring Vinyl,Hardwood
Furnished Y/N Negotiable
Total Stories 2
Air Conditioning Y/N true
Heating Y/N true
Fireplace Y/N false
Laundry Features Laundry Room
Total Bedrooms 4
LivingAreaSource Public Records
Total Baths 4

Exterior Features

Exterior Amenities Fire Pit,Garden,Irrigation System,Outdoor Grill,Private Yard,Sliding Doors
Water Source Public
Lot Size Area 12888
Foundation Details Slab
Spa false
Building Area Total 4656
Lot Size Acres 0.3
Road Surface Type Concrete
Private Pool true
Waterfront Y/N true
Covered Spaces 2

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in 34236

Price
AVG $4.68M
$5.5M
Taxes
AVG $32,591
$26,279
Year Built
AVG 1990
1977

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