CENTURY 21 Edge
$649,000$675,0003 bd1,210 sqft$536 /sqft$4,363 /mo all-in ↓

708 42ND STREET, SARASOTA, FL, 34234

Active125 days on marketListed Apr 7, 2026MLS #A4688859

Reduced $26KDuplexINDIAN BEACH MAP OF

About this home

708 42ND STREET

Come see this charming and peaceful Old Florida gem with detached cottage ideally situated in the desirable Indian Beach/Sapphire Shores neighborhood located west of the trail. Here is a rare opportunity to own two meticulously maintained homes within the city limits in Indian Beach/Sapphire Shores, a community rich with art, culture, and history. This property has been a high-yielding asset for the seller. The seller gets a high volume of applicants, and it has required minimal effort to lease. Picture tree-lined streets, character-filled homes, and being just moments from the shimmering Sarasota Bay. You are in for a treat as you enter the main home through a central air-conditioned enclosed front porch into a home with all of its original, timeless character including glass doorknobs, lovely baseboards and trim, vintage light fixtures, painted heart of pine floors, and functional double-hung windows. This original 1930s home (732 sf) features two bedrooms (freestanding wardrobes), one bath, and a spacious combination dining/living area. An additional wonderful highlight is the central air conditioned detached guest cottage (478 sf) with kitchen, living area, one bathroom and bedroom alcove along with a screened porch and patio, and attached one-car garage. This cottage is ideal for multi-generational living or Airbnb or full-time lease opportunities. All furnishings and fixtures convey: the front unit is partially furnished; the back unit is turn-key furnished. The property includes a very nice new 12x16 Tuff Shed ideal for an artist’s studio, workshop, or just additional storage. Set on a lush 12,000+ square foot lot, the property is spacious with plenty of room for parking, entertainment and other possibilities. You are sure to enjoy the established vegetable and flower gardens. Adding to the charm, you may catch sight of the neighborhood's colorful wild peacocks who love to display their feathers. Excellent location just minutes from the Ringling Museum, SRQ Airport, and downtown Sarasota as well as close proximity to Lido Key Beach, St. Armands Circle, and Siesta Key. Two high-end homes are currently under construction on the block. This sweet property is waiting to fit your needs whether as live-in residences, a rental investment, multi-generational living, or any combination thereof. This peaceful neighborhood in "Turks Cap" (sometimes referred to as the Museum District) has a rural feel with narrow, tree-lined streets and roaming peacocks. This is a no through street with no traffic. If you want quiet and relaxed, you have found the neighborhood.

Facts & features

The home at a glance

3

Bedrooms

1,210

Sqft

0.28 ac

Lot size

1

Garage

1936

Year built

One

Levels

$536

Per sqft

Partially

Inside

FlooringCeramic Tile · Hardwood
AppliancesDryer · Microwave · Range · Refrigerator
InteriorBuilt-in Features · Eating Space In Kitchen · Living Room/Dining Room Combo · Primary Bedroom Main Floor · Window Treatments
LaundryIn Garage
CoolingCentral Air
HeatingCentral
FurnishedPartially

Outside & construction

RoofMetal
ConstructionWood Frame
FoundationPillar/Post/Pier
ParkingDriveway · Guest
ExteriorGarden · Private Mailbox

Community & fees

Taxes (2025)$5,492/yr

Utilities & systems

UtilitiesCable Available · Electricity Connected · Water 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.

$4,363 /mo · 10% down Conventional, 30-yr fixed at 6%

Principal & interest$3,502
PMI (est., until 20% equity)$243
Property tax — 2025 actual bill$458
Insurance (FL estimate)$160

The assumptions

Loan typeConventionalDown payment10% · $64,900Loan30-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% · $64,900
Interest rate6.00%
Loan term

Estimated payment

$4,363/mo

Principal & interest$3,502
PMI (est., until 20% equity)$243
Property taxes (actual bill)$458
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.

$/sqft vs INDIAN BEACH MAP OF

$536 vs $536

Days on market

125 vs 63 typical

Where $536/sqft sits among the 9 homes for sale in INDIAN BEACH MAP OF

5 · this home
0
1
1
0
2
$333–632$632–931$931–1230$1230–1529$1529–1829$1829+

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 Indian Beach / Sapphire Shores

Map of 708 42ND STREET inside its neighborhood boundary

Drive times from this address

Downtown Tampa63 min
Tampa Int’l Airport (TPA)68 min

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

Get to know Sarasota. See the full Sarasota guide →

Indian Beach / Sapphire Shores — neighborhood snapshot

Population

3,193

Median age

51

Median income

$82,133

Median home value

$455,294

Avg household

2

Households w/ children

145

For the school run

Sarasota County School District

HighBooker High School★★★★★
MiddleBooker Middle School★★★★
ElementaryEmma E. Booker Elementary School★★★★★

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

The numbers that matter

The Sarasota market

Seller’s marketLeans seller4.5 months of inventoryBuyer’s market

$475K$493K

Sarasota median sold, yr/yr

95.2%

Sale-to-list ratio (12 mo)

5 of 9

INDIAN BEACH MAP OF have cut their price

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

This home is listed 100% above the SARASOTA 34234 median. See the full Sarasota market guide →

Paper trail

This home's history

CurrentPrice reduced to $649,000 $26K
Apr 7, 2026Listed at $675,000 · 125 days on market since
1936Built · INDIAN BEACH MAP OF

Reality check

What actually sold near 708 42ND STREET

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

730 40TH STREETSold · Feb ’26

$695,000

730 40TH STREET · same community

4 bd · 3 ba · 1,598 sqft · $435/sqft · 204 DOM

4237 SARASOTA AVENUESold · Jun ’26

$415,000

4237 SARASOTA AVENUE · same community

3 bd · 2 ba · 1,803 sqft · $230/sqft · 5 DOM

4401 BAY SHORE ROADSold · Mar ’26

$5,500,000

4401 BAY SHORE ROAD · same community

2 bd · 2 ba · 1,949 sqft · $2,822/sqft · 0 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.

Shawn Headley

Your agent

Shawn Headley

Realtor · CENTURY 21 Edge

Tours, negotiation, and every question about 708 42ND STREET — start here.

Andrew Acosta

Your lender

Andrew Acosta

Acosta Home Loans with PRMG · NMLS #1468866

Pre-approval, rates, and the real monthly number for 708 42ND STREET — before you fall in love.

See it in person

Schedule a tour

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

Straight answers

708 42ND STREET FAQs

What would the monthly payment be for 708 42ND STREET?+

With 10% down on a 30-year Conventional loan at 6%, the all-in payment lands around $4,363/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 708 42ND STREET?+

The most recent tax bill on record (2025) was $5,492. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.

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

At $649,000, this home is listed about 16% above the Sarasota median of $559,000. The market section on this page shows how the area is trending.

Which schools are assigned to 708 42ND STREET?+

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

Listing courtesy of COLDWELL BANKER REALTY · Helen Magill. MLS #A4688859.

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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