When was property at 5587 Shadow Lawn Drive built and last sold?

The property at 5587 Shadow Lawn Drive was built in 1962 and last sold on Jan 1, 1970 for $0.

How much is this home worth?

The estimated value of the home located at 5587 Shadow Lawn Drive is $0.

What are some comparable homes to 5587 Shadow Lawn Drive?

There are currently no comparable homes to 5587 Shadow Lawn Drive.

Siesta Key

34242

Siesta Isles

5587 SHADOW LAWN DRIVE

$700,000

● Land - Off Market

5587 SHADOW LAWN DRIVE

SARASOTA, FL 34242

Studio

0 Bath

$3,924

Est. Monthly

About This Property

Nestled on picturesque Shadow Lawn Drive, this 12,800-square-foot lot offers an exceptional canvas for your custom home. Framed by mature live oaks on the front left and back right corners, the property blends natural beauty with an enviable location.

Enjoy the best of Siesta Key living-just an 8-minute stroll to the powdery sands of world-famous Siesta Beach and just over a mile to the dining and shopping of Siesta Village. Despite its proximity to these sought-after amenities, the property feels peaceful and secluded, tucked away on a quiet street removed from the island's main thoroughfares.

With nearly 100 feet of street frontage and a depth of 120 feet, the lot offers a generous and flexible building footprint. Whether you envision a sleek, modern coastal retreat or a charming, classic island cottage, this is a rare opportunity to create your ideal Siesta Key home in one of its most desirable neighborhoods.

Unit Size

Days on Market

213 days

Land Size

0.29 acres

Price per sqft

Property Type

Land

Property Taxes

$246

HOA Dues

Year Built

1962

Payment Calculator

Cap Rate Calculator

Last updated: 9 months ago (Stellar MLS #A4657583)

Price History

Date / Event	Date	Event
Jan 30, 2026	Sold	Premium
Sold
Jan 3, 2026	In contract	-
In contract
Nov 7, 2025	Price Decreased	$749,000 ↓ $50K (6.3%)
Price Decreased
Aug 6, 2025	Price Decreased	$799,000 ↓ $51K (6%)
Price Decreased
Jun 30, 2025	Listed by COLDWELL BANKER REALTY	$850,000
Listed by COLDWELL BANKER REALTY

Property Highlights

Building Info

Overview

General

Year Built: 1962

Effective Year Built: 1982
Building Count: 1
Total Rooms: 5
Bedroom Count: 2
Bathroom Count: 2
Full Bathrooms: 2
Partial Bathrooms: 2
Building Condition: 6
Building Quality: 7
Construction Type: 12
Building Style: 0
Exterior Walls Type: 12
Interior Walls Type: 6
Roof Shape Type: 8
Roof Cover Type: 15
Floor Count: 100
Living Units: 1
Floor Cover: 9
Basement Type: 0
Basement Area: 0
Garage Type: 0
Parking Space Count: 0
Patio Type: 5
Porch Type: 111
Pool Type: 8
Location Influence Type: 113

Dimensions

Lot Size Square Feet: 12,800

Lot Size Depth Feet: 1,190
Lot Size Frontage Feet: 500
Total Building Area: 1,313
Gross Building Area: 1,512
Building Area: 1,313
Building Area Measurement: L

Heating and Cooling

Air Conditioning: 1

Heating: 3
Heated Square Feet: 1,313
Heating Fuel Type: 0

Utilities

Sewer System: 1

Water Service: 2

Building

Building Type: 0

Property Class: R
Subdivision: SIESTA ISLES UNIT 7
Land Acres: 0000000294
Standard Land Use Code: 1001
County Land Use Code: 0100
State Land Use Code: 001
Legal Description 1: LOT 101 SIESTA ISLES UNIT 7

Neighborhood

School District Name: Sarasota County School District

School Tax School District: L018 A055 F052
Census Tract: 001904

Zoning

Zoning: RSF2

Geography

Assessors Map Reference: 28B

Account Number: 0107010020
Subdivision Tract Number: 1552
Parcel: 0107-01-0020
Lot: 101
Meridian: SEC 13 TWN 37S RNG 17E
Municipality: SARASOTA COUNTY
Latitude: 27.2691
Longitude: -82.5474

Address

Full Address: 5587 Shadow Lawn Dr

Legal Unit: 7
Address - House Number: 5587
Address - Street Name: Shadow Lawn
Address - Suffix Type: Dr
State: FL
City Name: Sarasota
Carrier Code: C061
4-Digit Zip Code: 1834
Zip Code: 34242

Valuation

Tax

Total Area: 1,792

Tax Year: 2023
Tax Amount: $282,551
Tax Rate Code Area: 1800

Appraisal Valuation

Standard Deviation: 0.1754

Valuation Date: Jan 10, 2024
Confidence Score: 77
Final Value: 1,223,997
High Value: 1,438,806
Low Value: 1,009,188

Market Valuation

Market Total Value: $860,500

Market Land Value: $794,800
Market Improvement Value: $65,700

Assessments Valuation

Assessed Year: 2023

Assessed Total Value: $242,826

Exemptions

Widow Exemption: Yes

Homeowner Exemption: Yes

Data used for valuation calculations is provided by RealtyHop, and other third party sources

Request mortgage information redaction

Comparables

About Siesta Isles

Stats & Trends

Median Asking:

$1,795,000

Sale Price/ft²

$725

Below Asking

0.06%

Average Days on Market

106

Average Home Size

2209 ft²

Average Home Age

47.3 years

Currently For Sale

13 Listings

Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

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$8,000 /mo

3 Beds
2 Baths
1,557 ft²

2232 Pine Terrace, FL, 34231 Listing by Andy Moore

Unit for rent at 5159 Oakmont Place, SARASOTA, FL, 34242

$10,000 /mo

3 Beds
2 Baths
1,953 ft²

5159 Oakmont Place, SARASOTA, FL, 34242 Listing by Scott Nold

Unit for rent at 4822 Ocean Boulevard, FL, 34242

$9,000 /mo

2 Beds
2 Baths
1,435 ft²

4822 Ocean Boulevard #2F, FL, 34242 Listing by Jane Hunter

Rentals Near You

Click here to view more rentals in the neighborhood.

Listed by: Nick Gard
COLDWELL BANKER REALTY
Last Updated: 9 months ago
Data Source: Stellar MLS, MLS# A4657583

IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

5587 SHADOW LAWN DRIVE

About This Property

Price History

Property Highlights

Building Info

Overview

Building

Neighborhood

Zoning

Geography

Valuation

Comparables

About Siesta Isles

Stats & Trends

Similar Homes for Sale

Nearby Rentals

Frequently Asked Questions