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Beds
4
Baths
4
Sq Ft
3,832 sq ft
Year Built
1977
Lot Size
0.30 acres
Garage
2
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
From I-75 North, take Exit 210 toward University Parkway/FL-CR 610 West. Head west on University Parkway/CR-610 toward Sarasota (this is a main route into the city). Continue straight as University Parkway becomes US-41 (Tamiami Trail) heading into Sarasota. From US-41, follow signs for State Road 789/John Ringling Causeway — this will take you west toward Lido Key and St. Armands Circle by crossing the John Ringling Causeway Bridge over Sarasota Bay. Wikipedia After crossing onto Lido Key, continue on St. Armands Circle Drive and follow local streets toward the beachfront neighborhoods. Turn toward Tyler Drive (local Lido Key roads), then navigate to 701 Tyler Drive near the waterfront area
701 TYLER DRIVE, SARASOTA, FL 34236
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Multiple financing options available for this $5,795,000 home in SARASOTA.
🏛️
$202,825 Down
Government-backed, low down payment. Credit scores as low as 580.
🎖️
$0 Down
Zero down for eligible veterans, active duty, and military families.
🏦
$289,750 Down
Traditional financing. As low as 3-5% down with good credit.
🌾
$0 Down
Zero down for eligible rural areas. Income limits apply.
You may qualify for up to $35,000 in assistance to cover your down payment and closing costs.
Florida Hometown Heroes
Up to $35,000
First-time buyers working in FL
FL Assist
Up to $10,000
FHA, VA, or USDA borrowers
FL HLP Second Mortgage
Up to $10,000
First-time buyers, 0% deferred
Sarasota County SHIP
Varies
Income-qualifying Sarasota residents
Quick check based on the 28% debt-to-income rule. Not a guarantee — just a starting point.
Listing information is deemed reliable but not guaranteed. All measurements and data should be independently verified. This information is provided by the Stellar MLS. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed. 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 last updated: July 5, 2026.
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