11 months on rocket

1136 N Lake Shore Dr, Sarasota, FL, 34231

$10,980,000

4 Bedrooms
6 Full Baths, 2 Partial
10,234 SqFt
$1,073/SqFt
House

Location

Image provided by Mapbox

Property Highlights

Home TypeSingle Family Residence
ParkingCircular Driveway, Driveway, Garage Door Opener, Garage Faces Side, Guest
Attached Garage3 spaces
Year Built1954
HeatingCentral
CoolingCentral Air, Zoned
WaterfrontBay, Intracoastal Waterway
FireplaceFamily Room, Living Room
ViewWater
Private PoolYes
MLS #A4591433
Lot Size1.41 Acres
StatusActive

About 1136 N Lake Shore Dr

Discover the captivating essence of 1136 N Lake Shore Drive in Oyster Bay Estates—a coveted 1.41-acre sanctuary along the pristine waters of Sarasota Bay. This exceptional property is the essence of waterfront living with over 430 feet on the bay creating unparalleled water and sunset views and offering easy access to both the Intracoastal Waterway and the Gulf of Mexico. A setting that beckons for boundless discovery whether it is watching the dolphins play, enjoying a tennis match, relaxing by the pool, reading a book in one of many distinct spaces or watching the ever-changing variety of sunsets. This distinguished estate spans six bedrooms, six bathrooms, two half baths and an expansive 10,226 total square feet, almost all of which is on one level. Perfect for those who relish hosting large gatherings, the home has an amazing commercial-grade kitchen equipped with professional appliances. A grand gallery room, adorned with soaring ceilings, a loft with wet bar, and a captivating fountain, sets the stage for unforgettable events. The spacious primary suite has water views through the enormous banks of windows, a massive closet with custom organization, and a spa-like bathroom with a lavish tub, shower, vanity, and a serene massage and sauna room. Designed for comfort, this residence features five spacious guest bedrooms, each complemented by generous closets and en-suite bathrooms. The estate is enriched with amenities—a 3-car garage, a tennis court, permitted dock replacement, a spacious fitness room, a billiard room, a private well-appointed office, and ample storage space—enhancing its allure and functionality. All this in an amazing location near The Field Club, Siesta Key, Southside Village, Sarasota Memorial Hospital and Downtown Sarasota. Alternatively, this property extends a rare opportunity as a prime lot, offering an ideal canvas to craft your Sarasota waterfront dream home. Harness the essence of one of the area's most coveted locations and one of the most exceptional waterfront home sites in all of Sarasota. It may be possible to divide the lot into two buildable lots if the existing home is removed.

Property Details

Property Features

Property Information:

  • Architectural Style: Custom
  • Year Built: 1954
  • Stories: 2
  • Living Area: 10,234 SqFt

Listing Office:

  • Office Name: PREMIER SOTHEBYS INTL REALTY
  • Office Phone: (941) 364-4000
  • Listing Agent: Joel Schemmel

Interior Features

Interior Information:

  • Appliances: Disposal, Dryer, Electric Water Heater, Washer
  • Flooring Type: Carpet, Marble, Tile, Wood
  • Interior: High Ceilings, Primary Bedroom Main Floor, Skylight(s), Split Bedroom, Thermostat, Vaulted Ceiling(s)
  • Fireplace: Family Room, Living Room

Bedroom and Bathroom Information:

  • Partial Bathrooms: 2
  • Full Bathrooms: 6
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Private Pool: Yes
  • Waterfront: Bay, Intracoastal Waterway
  • View: Water
  • Exterior: Lighting, Sliding Doors, Tennis Court(s)

Parking Information:

  • Garage Space: 3 spaces
  • Attached Garage: Yes
  • Parking: Circular Driveway, Driveway, Garage Door Opener, Garage Faces Side, Guest

Virtual/3D Tour

  • Virtual Tour: 1136 N Lake Shore Dr
Virtual Tour

Lot Features

Lot Information:

  • Lot: Cul-De-Sac, Flood Zone, City Lot, Landscaped, Level
  • Lot Size: 1.41 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air, Zoned

Other

Directions Information:

  • Directions: US41 to west on Field road, right onto Camino Real, left onto N Lakeshore Drive to address.

Price Information

Listing Price Info

Price Summary:

  • List Price: $10,980,000
  • Price Per SqFt: $1,073/SqFt

Tax Information:

  • Annual Amount: $32,197
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Sarasota, FL.

Med. Sold Price

$520.7K

Med. Price/SqFt

$305

Avg. Days On Market

62

# of Sold Homes

302

1136 N Lake Shore Dr vs Sarasota

347 DAYS ON ROCKET

+285 Days

$10,980,000

+$10.4M More

$1,073/SqFt

+$768 More

KEY TAKEAWAY

This property is $10.4M more than the Median Sold Price and $768/SqFt more than other homes in Sarasota, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MFRMLS
  • MLS Number: #A4591433

Listing Office:

  • Office Name: PREMIER SOTHEBYS INTL REALTY
  • Office Phone: (941) 364-4000
  • Listing Agent: Joel Schemmel

IDX Listings courtesy of Stellar MLS as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

IDX Copyright 2024 My Florida Regional Multiple Listing Service DBA Stellar MLS. The real estate listing data marked with this icon comes from the IDX program of the Stellar MLS system. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided exclusively for consumers’ personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Properties displayed may be listed or sold by various participants in the MLS.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/21/2024, 11:19:53 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$32,197$2,502,352
2019$31,343$2,446,092
2018$30,811$2,400,483
2017$30,619$2,351,110

History based on county public records data.

Payment Calculator

$54.8K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$32.9K

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-273129
8
/10
  • Phillippi Shores Elementary School

  • 4747 S Tamiami Trl

  • 0.97 miles

  • Public Magnet Grades PK-5

school-card-donut-273130
10
/10
  • Southside Elementary School

  • 1901 Webber St

  • 1.42 miles

  • Public District Grades PK-5

school-card-donut-273131
5
/10
  • Wilkinson Elementary School

  • 3400 Wilkinson Rd

  • 2.58 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $82,337. The majority of Sarasota, FL residents have income between $35k-100k annually. Residents typically live in single, no kids family. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1136 N Lake Shore Dr

What is the listing price of this property?

The listing price of 1136 N Lake Shore Dr property is $10,980,000.

What type of property is this?

The property 1136 N Lake Shore Dr is a house located in Sarasota, Florida, 34231.

Is this property for sale now?

Active Listing: 1136 N Lake Shore Dr is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $32,197 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 1136 N Lake Shore Dr has 4 bedrooms and 6 full and 2 half bathrooms.

What is the square footage of this property?

The property 1136 N Lake Shore Dr is 10,234 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1136 N Lake Shore Dr is 1954.
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Rocket HomesFloridaSarasota CountySarasota342311136 N Lake Shore Dr

This home is located at 1136 N Lake Shore Dr in Sarasota, FL and zip code 34231 in the Oyster Bay neighborhood. This 10,234 square foot home, which was built in 1954, sits on a 1.41 acre lot. Features: 4 bedrooms, 8 bathrooms. It has been listed on Rocket Homes since December 10, 2023 and is currently priced at $10,980,000.

While more than 13 listings in Sarasota, FL in October 2024 were sold above asking price, there were more than 47 listings sold at asking price, and more than 242 were sold below. In October 2024 in Sarasota, FL there were 0.8% less homes for sale than in September 2024. In October 2024, listings were on the market for 62 days. During the same period, the median list price in this real estate market was $520,718.

From Rocket Homes Real Estate and based on county public records data.

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