Putnam Realty GroupFlorida Home Value AI · Michael Putnam, Sales Associate

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701 TYLER DRIVE
$5,495,000

701 TYLER DRIVE

SARASOTA, FL 34236 · Single Family Residence

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Bedrooms4
Bathrooms4 full
Living area3,832 Sq. Ft.
Total area4,656 Sq. Ft.
Year built1977
Lot size0.30 acres (12,888 Sq. Ft.)
Garage2 spaces, attached
Stories2
Private poolYes
WaterfrontYes
Flood zoneAE
SubdivisionLIDO BEACH DIV B
Days on market272
MLS numberMFRA4676329

Property taxes: $26,279 (2025) is the current owner's bill. In Florida the bill usually goes up after a sale, when the homestead cap and exemption go away. See what yours would be.

About this home

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

Features

InteriorThermostat, Walk-In Closet(s)
AppliancesBar Fridge, Built-In Oven, Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Range Hood, Refrigerator, Washer
FlooringVinyl, Wood
LaundryLaundry Room
ExteriorFire Pit, Garden, Outdoor Grill, Private Yard
PoolGunite, Heated, In Ground, Salt Water
WaterfrontBay/Harbor
ConstructionBlock, Stucco, Frame
RoofMetal
FoundationSlab
LevelsTwo
FacesSouth
HeatingElectric, Heat Pump
CoolingCentral Air
UtilitiesCable Connected, Electricity Connected, Natural Gas Connected
SewerPublic Sewer
WaterPublic
PetsCats OK, Dogs OK
FurnishedNegotiable
Sale conditionsNone
Elementary schoolSouthside Elementary
Middle schoolBooker Middle
High schoolBooker High
CountySarasota

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Listing courtesy of COLDWELL BANKER REALTY, 941-383-6411 (Mark J Baron, LLC). Stellar MLS via MLS GRID.

Listings courtesy of Stellar MLS as distributed by MLS GRID. Information is deemed reliable but is not guaranteed accurate by Stellar MLS, MLS GRID, or Putnam Realty Group, and should be independently verified. This 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. Properties may be listed by brokerages other than Putnam Realty Group. To report an inaccuracy, contact Michael Putnam at 941-662-9941 or [email protected].