π Key Takeaways
- New construction estates with 5-car garages in established Sarasota neighborhoods are exceptionally rare and appeal to collectors, hobbyists, and buyers needing extra storage space
- The 0.52-acre lot in Sapphire Shores is significantly larger than typical residential properties in the area, providing room for expanded landscaping and outdoor living
- Sapphire Shores offers the advantageous combination of a quiet, mature residential character with minutes of access to downtown Sarasota, cultural attractions, dining, and Sarasota Bay
- Rising inventory in Sarasota's current market gives buyers more options than previous years, making this an optimal time to evaluate luxury properties and assess market timing
- Professional home valuations and market analysis comparing different Sarasota neighborhoods help buyers make informed decisions about pricing strategy and property value
π Episode Chapters
Show Notes
π Full Episode Transcript
Full Episode Transcript: 387 South Shore Drive, Sarasota, FL 34234
This is the complete, auto-generated transcript of the episode. Timestamps are provided for quick reference.
Welcome to My Real Estate Podcast with David Liberatore. Today's episode features real estate insights from Premier Sotheby's International Realty. Let's dive in.
Welcome to My Real Estate Podcast with David Liberatore. Just a quick heads up. This program was created with AI assistance and uses a synthetic narrator. The content was reviewed and approved by David Liberatore before publication.
Information is believed accurate, but should be independently verified. This program does not provide legal, tax, lending, or appraisal advice. Today we're diving into a really special property in Sarasota, 387 South Shore Drive. David, thanks for being here.
Hey, thanks for having me. I'm really excited to talk about this one. So 387 South Shore Drive is a new construction estate in Sapphire Shores. And honestly, it's one of those rare opportunities you don't see very often in Sarasota.
Oh, wow. So what makes it so rare? I mean, there's new construction happening all over the place these days. Right, exactly.
But here's the thing. This property has something most new builds in established neighborhoods just don't have. We're talking about 5,636 square feet, three bedrooms, four bathrooms. And here's the kicker, a five-car garage.
That's huge in Sarasota, especially in an in-town location like Sapphire Shores. A five-car garage? That's actually pretty wild for a residential property in the city. Who are you seeing interested in something like that?
Well, we're seeing collectors, people with hobbies. Folks who just need the extra storage. But the real appeal is the half-acre lot. In Sapphire Shores, that's significantly larger than what you typically find.
So you've got room for landscaping, outdoor living, and yes, that expanded garage space. The property was built in 2022, so it's brand new construction with contemporary design. And it's listed at $7,595,000. And Sapphire Shores, that's still close to downtown, right?
I know that neighborhood has been really popular. Absolutely. It's just north of downtown Sarasota. So you get that quiet residential feel, but you're minutes away from all the cultural stuff.
The Ringling Museum, the dining, the waterfront, you're close to Sarasota Bay. It's one of those neighborhoods that's been around for a while. So it has that mature tree canopy and established character. But at the same time, there's ongoing reinvestment happening.
So for someone looking at this property, what should they know about the current market? Is Sarasota still hot right now? You know what I think is so cool about this moment? Inventory is actually rising in Sarasota.
So buyers have more options than they did a year or two ago. That said, a property like this with new construction, that much space and that location, it's still a distinct opportunity. If someone's thinking about whether to move now or wait, timing definitely matters. We've got resources on my site that break down the pricing strategy and market timing so people can really think through their situation.
That makes sense. So someone could check out your market analysis and get a sense of where things stand. And I imagine if they're curious about what their own property might be worth or what this market looks like in different neighborhoods, Longboat, Siesta Key, all those areas, you've got that covered too. Yeah, we do.
I've got detailed breakdowns comparing different areas, what 2 million buys in Sarasota versus Longboat versus Siesta Key, for example. And for anyone serious about understanding their property's value, we offer accurate home valuations right on the site. It's all about giving people the information they need to make smart decisions. That's really helpful.
Well, this property sounds absolutely stunning. And for anyone interested in seeing more photos, the full listing details, or even scheduling a private showing, they can find all that information in the show notes. David, thanks so much for walking us through 387 South Shore Drive. Thanks for having me.
Anyone curious about this property or just exploring Sarasota real estate in general, reach out. I'm happy to talk through it. Thanks for listening to my Real Estate Podcast with David Liberatore. For more episodes and to learn more, check the show notes.
β Frequently Asked Questions
What is unique about the 387 South Shore Drive estate in Sarasota?
This 2022-built new construction estate in Sapphire Shores features 5,636 square feet, 3 bedrooms, 4 bathrooms, and a rare 5-car garage on a 0.52-acre lotβsignificantly larger than typical residential properties in established Sarasota neighborhoods. It combines modern construction with the mature character and accessibility of an in-town location.
Why is a five-car garage valuable in a Sarasota residential property?
Five-car garages are exceptionally rare in in-town Sarasota locations like Sapphire Shores and appeal to collectors, hobbyists, and buyers needing extensive storage. The expanded garage space is made possible by the property's half-acre lot, which is significantly larger than standard residential lots in the neighborhood.
What neighborhood advantages does Sapphire Shores offer?
Sapphire Shores is located just north of downtown Sarasota with established mature tree canopy, quiet residential character, and proximity to the Ringling Museum, cultural dining, waterfront activities, and Sarasota Bay. The neighborhood combines mature character with ongoing reinvestment and modern amenities.
What is the current state of the Sarasota real estate market?
Inventory in Sarasota is rising, giving buyers more options than in previous years. Despite increased inventory, premium new construction properties with unique features like this estate remain distinct opportunities, making timing an important consideration for luxury buyers.
How much is 387 South Shore Drive listed for and when was it built?
The property is priced at $7,595,000 and was built in 2022 with contemporary design. The 2022 construction ensures modern systems, finishes, and design standards while offering the benefits of an established Sapphire Shores location.
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