by Global Lifestyle Properties

See Home Value
$3,462,500
● House - Off Market

1718 PROSPECT STREET

SARASOTA, FL 34239
bedrooms
5 Beds
bathrooms
4 Baths, 1 Half Bath
square feet
4,282 Ft²
$21,279
Est. Monthly
0.20%
Cap Rate

About This Property

West of the Trail, West of Osprey, sits this exquisite Majestik Homes-built estate, perfectly positioned within one of Sarasota's most desired neighborhoods. A seamless blend of design and function awaits as you enter the home, where the open-concept floor plan creates an inviting atmosphere. Rich wood-grain tile floors, contemporary wall treatments and beam ceilings infuse the home with artistic charm and warmth. The gourmet kitchen is a chef's dream, featuring custom cabinetry, marble and quartzite countertops, premium stainless steel appliances, Sub-Zero refrigeration and an expansive center island with built-in wine refrigerator - ideal for culinary enthusiasts. Through the large sliding doors, the indoor-outdoor living space comes alive, offering a resort-style pool, spa and full outdoor kitchen, creating a harmonious space to entertain or relax. The covered lanai features a full kitchen, lounge space, gas fire pit connection, retractable screening and is perfect for entertaining. On the lower level, the owner's suite serves as a private retreat, complete with wood-beamed ceilings and a spa-inspired bath offering a Roman shower, soaking tub and serene pool views. Upstairs, three generously sized bedrooms (with a fourth bedroom perfectly suited for guests) and a flexible open space with a balcony provide ample room for family and guests. The property is ideally located less than one mile from Morton's Gourmet Market and the dining and shopping options of Southside Village. With downtown Sarasota, Sarasota Memorial Hospital, Sarasota High School, Southside Elementary, St. Armands Circle and Siesta Key all just a short drive, walk or bike away, this home offers the perfect balance of privacy and convenience. From the stunning curb appeal to the thoughtfully designed interiors, this home delivers a quintessential Sarasota lifestyle, combining sophistication, comfort and tranquility. You can rest easy knowing you're protected with impact, hurricane-rated, windows and doors. The home also sits at an elevation where flood insurance is not required and there was no damage or water intrusion from past storms. Welcome home.
Unit Size
4,282 Ft²
Days on Market
145 days
Land Size
0.25 acres
Price per sqft
$876
Property Type
House
Property Taxes
$2,868
HOA Dues
-
Year Built
2020

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Last updated: 2 years ago (Stellar MLS #A4635160)

Price History

Date / Event Date Event Price
Jun 4, 2025 Sold
Sold
Apr 17, 2025 In contract -
In contract
Apr 13, 2025 Price Decreased $3,749,500
↓ $50K (1.3%)
Price Decreased
Mar 19, 2025 Price Decreased $3,799,900
↓ $100K (2.6%)
Price Decreased
Feb 15, 2025 Price Decreased $3,899,900
↓ $50K (1.3%)
Price Decreased
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Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 2020
  • Effective Year Built: 2020
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 5
  • Full Bathrooms: 4
  • Partial Bathrooms: 5
  • Bathroom Plumbing Fixtures: 3
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 17
  • Building Style: 0
  • Exterior Walls Type: 12
  • Interior Walls Type: 3
  • Roof Shape Type: 8
  • Roof Cover Type: 4
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 9
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 620
  • Parking Space Count: 1
  • Patio Type: 5
  • Porch Type: 102
  • Pool Type: 8
  • Location Influence Type: 125

    Dimensions

  • Lot Size Square Feet: 10,688
  • Lot Size Depth Feet: 1,430
  • Lot Size Frontage Feet: 750
  • Total Building Area: 4,902
  • Gross Building Area: 4,902
  • Building Area: 4,282
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 4,282
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MATHENEYS SUB
  • Land Acres: 0000000245
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • State Land Use Code: 001
  • Legal Description 1: LOT 9 E 1/2 LOT 10 BLK A MATHENY SUB

Neighborhood

  • School District Name: Sarasota County School District
  • School Tax School District: T02 T02D A055
  • Census Tract: 000501

Zoning

  • Zoning: RSF2

Geography

  • Assessors Map Reference: 18
  • Account Number: 2037070011
  • Subdivision Tract Number: 199
  • Parcel: 2037-07-0011
  • Block: A
  • Lot: 9
  • Meridian: SEC 30 TWN 36S RNG 18E
  • Municipality: CITY OF SARASOTA
  • Latitude: 27.3208
  • Longitude: -82.5353

    Address

  • Full Address: 1718 Prospect St
  • Address - House Number: 1718
  • Address - Street Name: Prospect
  • Address - Suffix Type: St
  • State: FL
  • City Name: Sarasota
  • Carrier Code: C078
  • 4-Digit Zip Code: 2126
  • Zip Code: 34239

Valuation

    Tax

  • Total Area: 1,536
  • Tax Year: 2023
  • Tax Amount: $3,355,865
  • Tax Rate Code Area: 0200

    Appraisal Valuation

  • Standard Deviation: 0.1757
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 77
  • Final Value: 3,850,679
  • High Value: 4,527,478
  • Low Value: 3,173,880

    Market Valuation

  • Market Total Value: $2,650,700
  • Market Land Value: $733,100
  • Market Improvement Value: $1,917,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $2,272,978

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Nov 17, 2016
  • Current Sale Recording Date: Nov 18, 2016
  • Current Sale Price:
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2016143751
  • Previous Sale Recording Date: Sep 24, 2002
  • Previous Sale Contract Date: Sep 18, 2002
  • Previous Sale Amount: $250,000
  • Previous Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Hudson Bayou


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Frequently Asked Questions

When was property at 1718 Prospect Street built and last sold?
The property at 1718 Prospect Street was built in 2020 and last sold on Nov 17, 2016 for $579,000.
How much is this home worth?
The estimated value of the home located at 1718 Prospect Street is $3,786,995.
What are some comparable homes to 1718 Prospect Street?
There are currently no comparable homes to 1718 Prospect Street.