CENTURY 21 Edge
$5,795,000$6,400,0004 bd4 ba3,832 sqft$1,512 /sqft$35,793 /mo all-in ↓

701 TYLER DRIVE, SARASOTA, FL, 34236

Active204 days on marketListed Jan 12, 2026MLS #A4676329

Reduced $605KWaterfrontPrivate poolSingle Family ResidenceLIDO BEACH DIV B

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About this home

701 TYLER DRIVE

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

Facts & features

The home at a glance

4

Bedrooms

4

Bathrooms

3,832

Sqft

0.3 ac

Lot size

2

Garage

1977

Year built

Two

Levels

$1,512

Per sqft

Private poolWaterfrontNegotiable

Inside

FlooringVinyl · Hardwood
AppliancesBar Fridge · Built-In Oven · Dishwasher · Disposal · Dryer · Electric Water Heater · Microwave · Range · Range Hood · Refrigerator · Washer
InteriorThermostat · Walk-In Closet(s)
LaundryLaundry Room
CoolingCentral Air
HeatingElectric · Heat Pump
FurnishedNegotiable

Outside & construction

RoofMetal
ConstructionBlock · Stucco · Wood Frame
FoundationSlab
FacesSouth
ExteriorFire Pit · Garden · Irrigation System · Outdoor Grill · Private Yard · Sliding Doors

Community & fees

Taxes (2025)$26,279/yr
PetsCats OK, Dogs OK

Utilities & systems

UtilitiesCable Connected · Electricity Connected · Natural Gas Connected
WaterPublic

The numbers

What it really costs

Built from this home's actual numbers — the most recent property-tax bill on record — not generic estimates.

$35,793 /mo · 10% down Conventional, 30-yr fixed at 6%

Principal & interest$31,270
PMI (est., until 20% equity)$2,173
Property tax — 2025 actual bill$2,190
Insurance (FL estimate)$160

The assumptions

Loan typeConventionalDown payment10% · $579,500Loan30-yr fixed at 6%Mortgage insuranceIncludedTaxesActual bill on recordInsuranceFlorida estimate

Above the FHA loan limit for our service areas, so Conventional is the default. VA buyers: switch below — $0 down.

These numbers assume a generic buyer — your credit, down payment and loan program change them. Get the real quote in minutes:

Andrew Acosta

Andrew Acosta

Acosta Home Loans with PRMG · NMLS #1468866

Run your own numbers

Loan type

FHA isn’t available at this price — the loan would exceed the $541,287 FHA limit for our service areas.

Down payment10% · $579,500
Interest rate6.00%
Loan term

Estimated payment

$35,793/mo

Principal & interest$31,270
PMI (est., until 20% equity)$2,173
Property taxes (actual bill)$2,190
Est. insurance$160

Includes estimated PMI — it drops off once you reach 20% equity. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.

Value check

Is the price right?

The internet’s favorite home-value number comes from a single automated model that has never seen the street, the finishes, or the view — which is why it routinely misses by tens of thousands of dollars. The edgeAI estimate combines multiple independent data sources with our team’s on-the-ground expertise in this exact market.

List $5.8M
$1.9MedgeAI estimate $2,325,330 · range $2.0M$2.5M$6.0M

vs edgeAI estimate

+149.2%

$/sqft vs Sarasota actives

$1,512 vs $344

Days on market

204 vs 62 typical

Where $1,512/sqft sits among the 400 Sarasota actives

223
58
37
33
20
29 · this home
$157–384$384–611$611–838$838–1065$1065–1292$1292+

The edgeAI estimate is a starting point, not an appraisal or a broker price opinion. It is generated from public records, listing data and market modeling, and is subject to change once a licensed real estate professional personally inspects the property. Condition, floor, view and lot are not fully captured by any model — ask us for a full comparative market analysis.

Where it sits

Inside Lido Key

Map of 701 TYLER DRIVE inside its neighborhood boundary

Drive times from this address

Downtown Tampa71 min

Estimated driving times, typical traffic. Data © OpenStreetMap contributors.

Get to know Sarasota. See the full Sarasota guide →

Lido Key — neighborhood snapshot

Population

1,257

Median age

68

Median income

$250,001

Median home value

$1,127,100

Avg household

2

Households w/ children

18%

For the school run

Sarasota County School District

ElementarySouthside Elementary School★★★★★
HighBooker High School★★★★★
MiddleBooker Middle School★★★★

School assignments and ratings via edgeAI — always verify with the district.

The numbers that matter

The Sarasota market

Seller’s marketLeans seller4.6 months of inventoryBuyer’s market

$475K$495K

Sarasota median sold, yr/yr

95.2%

Sale-to-list ratio (12 mo)

158 of 400

Sarasota actives have cut their price

Median sold price, Sarasota, trailing 36 months (3-month rolling) · live MLS data.

This home is listed 595% above the SARASOTA 34236 median. See the full Sarasota market guide →

Paper trail

This home's history

CurrentPrice reduced to $5,795,000 $605K
Jan 12, 2026Listed at $6,400,000 · 204 days on market since
1977Built · LIDO BEACH DIV B

Reality check

What actually sold near 701 TYLER DRIVE

Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.

259 S POLK DRIVESold · Aug ’25

$3,700,000

259 S POLK DRIVE · same community

4 bd · 4.5 ba · 4,124 sqft · $897/sqft · 5 DOM

455 CLEVELAND DRIVESold · Oct ’25

$5,150,000

455 CLEVELAND DRIVE · same community

6 bd · 7 ba · 4,702 sqft · $1,095/sqft · 75 DOM

369 S POLK DRIVESold · Mar ’26

$3,650,000

369 S POLK DRIVE · same community

4 bd · 4 ba · 2,179 sqft · $1,675/sqft · 13 DOM

Closed-sale data from the MLS, last 12 months, selected for similarity in size and location. No two homes are identical — ask us for a full comparative analysis.

Your home team

The pros in your corner

Buying a home is two conversations — the home and the money. Here’s who handles each, side by side, already working together.

Kamilla Pagotto

Your agent

Kamilla Pagotto

REALTOR® · CENTURY 21 Edge

Tours, negotiation, and every question about 701 TYLER DRIVE — start here.

Andrew Acosta

Your lender

Andrew Acosta

Acosta Home Loans with PRMG · NMLS #1468866

Pre-approval, rates, and the real monthly number for 701 TYLER DRIVE — before you fall in love.

See it in person

Schedule a tour

Live availability from Kamilla's calendar — pick a time and it's booked. Confirmation lands in your inbox immediately.

Straight answers

701 TYLER DRIVE FAQs

What would the monthly payment be for 701 TYLER DRIVE?+

With 10% down on a 30-year Conventional loan at 6%, the all-in payment lands around $35,793/mo — principal and interest, the actual property-tax bill and typical Florida insurance. The payment calculator on this page lets you switch loan type (FHA, Conventional, VA) and adjust the down payment, rate and term.

What are the property taxes on 701 TYLER DRIVE?+

The most recent tax bill on record (2025) was $26,279. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.

Are pets allowed at 701 TYLER DRIVE?+

The listing reports pets: Cats OK, Dogs OK. Communities often layer on breed or weight rules — we'll verify the specifics with the association before you commit.

How does the price compare to other homes in Sarasota?+

At $5,795,000, this home is listed about 908% above the Sarasota median of $574,900. The market section on this page shows how the area is trending.

Which schools are assigned to 701 TYLER DRIVE?+

Southside Elementary School (elementary), Booker High School (high), Booker Middle School (middle) — Sarasota County School District. Always verify school assignments with the district before relying on them.

The brief

Five things that matter here

01Positioned at the premium end

$5,795,000 runs 595% above the SARASOTA 34236 median — but at 3,832 sqft it's also nearly twice the size of the typical Sarasota listing.

02Waterfront living

This home sits directly on the water — the single scarcest feature in Florida inventory and the strongest long-term value anchor.

03Time on market is leverage

204 days on market against a Sarasota median of 62 — sellers in this position are usually ready to negotiate.

04Strong assigned schools

Southside Elementary School, Booker High School, Booker Middle School — Southside Elementary School rates 5 of 5. Always verify assignments with the district.

05The price has already moved

Listed at $6,400,000, now $5,795,000 — a $605K cut. The full history is in the market section below.

Listing courtesy of COLDWELL BANKER REALTY · Mark J Baron, LLC. MLS #A4676329.

IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Stellar MLS.

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