by Global Lifestyle Properties

See Home Value
$916,300
● House - Off Market

577 CORWOOD DRIVE

SARASOTA, FL 34234
bedrooms
4 Beds
bathrooms
2 Baths
square feet
2,450 Ft²
$6,030
Est. Monthly
3.05%
Cap Rate

About This Property

Hugh $50,000 price reduction. Desirable, West of Trail, eclectic community of Sapphire Shores, Ringling Museum area and a short bike ride to Jungle Gardens. This updated mid-century modern house has a coastal flare. Perfect for this area. Just a few houses away from Sarasota Bay. The community has an optional HOA (IBSSA) with $30 annually fee. There are 3 areas for Bay access, kayak or Canoe launch, intimate park with playground. This over sized corner lot is surrounded by privacy fence and manicured landscaping. This property has an effective year built of 2017 with additional seller updates. Remodel plans are available. The open floor plan centers around a sprawling eat-in kitchen with hurricane impact windows and sliding doors opening to the covered patio, pool and garden areas. Hurricane impact windows and door throughout this home. Separate living and family rooms. The coastal flare allows the homeowner to design the decor and furnishings which best reflects their taste. This true 4 larger bedrooms/2 full custom baths has an abundance of closets with Closets by Design built-ins. The backyard has a large 10 X 16 storage shed with electric, a window AC unit, paver driveway with side gate for road access, and micro garden boxes. Many upgrades adds to the house's warm and wonderful ambiance. This home is the perfect size to live work and play. Close to all Downtown's restaurants, arts options, and beautiful beaches. If a garage is needed the family room can be converted back to a garage. The City of Sarasota stated a 1 car rear garage can be added when if permit requirements are met. Additionally, it does appear there is room within the setback for a carport in front of the house.
Unit Size
2,450 Ft²
Days on Market
124 days
Land Size
0.31 acres
Price per sqft
$424
Property Type
House
Property Taxes
$928
HOA Dues
-
Year Built
1967

Payment Calculator

Cap Rate Calculator

Last updated: 2 years ago (Stellar MLS #A4646174)

Price History

Date / Event Date Event Price
Jul 28, 2025 Sold
Sold
Jun 27, 2025 In contract -
In contract
Jun 4, 2025 Relisted $1,039,000
Relisted
May 27, 2025 In contract -
In contract
Apr 24, 2025 Price Decreased $1,039,000
↓ $50K (4.6%)
Price Decreased
Show More

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1967
  • Effective Year Built: 2017
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 3
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 12
  • Building Style: 0
  • Exterior Walls Type: 12
  • Interior Walls Type: 3
  • 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: 3
  • Garage Square Area: 288
  • Parking Space Count: 1
  • Patio Type: 5
  • Porch Type: 102
  • Pool Type: 8
  • Location Influence Type: 125

    Dimensions

  • Lot Size Square Feet: 13,363
  • Lot Size Depth Feet: 1,340
  • Lot Size Frontage Feet: 800
  • Total Building Area: 2,450
  • Gross Building Area: 2,450
  • Building Area: 2,450
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 2,450
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: CORWOOD
  • Land Acres: 0000000307
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • State Land Use Code: 001
  • Legal Description 1: LOT 7 CORWOOD

Neighborhood

  • School District Name: Sarasota County School District
  • School Tax School District: T02 T02D A055
  • Census Tract: 000900

Zoning

  • Zoning: RSF2

Geography

  • Assessors Map Reference: 3
  • Account Number: 2004060051
  • Subdivision Tract Number: 903
  • Parcel: 2004-06-0051
  • Lot: 7
  • Meridian: SEC 12 TWN 36S RNG 17E
  • Municipality: CITY OF SARASOTA
  • Latitude: 27.3724
  • Longitude: -82.5588

    Address

  • Full Address: 577 Corwood Dr
  • Address - House Number: 577
  • Address - Street Name: Corwood
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Sarasota
  • Carrier Code: C009
  • 4-Digit Zip Code: 4545
  • Zip Code: 34234

Valuation

    Tax

  • Total Area: 2,858
  • Tax Year: 2023
  • Tax Amount: $1,044,921
  • Tax Rate Code Area: 0200

    Appraisal Valuation

  • Standard Deviation: 0.1948
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 74
  • Final Value: 1,068,131
  • High Value: 1,276,281
  • Low Value: 859,982

    Market Valuation

  • Market Total Value: $773,900
  • Market Land Value: $331,400
  • Market Improvement Value: $442,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $773,900
  • Assessed Land Value: $331,400
  • Assessed Improvements Value: $442,500

    Sales

  • Current Sale Contract Date: Jul 24, 2020
  • Current Sale Recording Date: Jul 27, 2020
  • Current Sale Price:
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2020098860
  • Previous Sale Recording Date: Dec 04, 2012
  • Previous Sale Contract Date: Nov 30, 2012
  • Previous Sale Amount: $251,400
  • 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 Indian Beach-Sapphire Shores


Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 4801 Sarasota Avenue, SARASOTA, FL, 34234

$3,695 /mo

  • 2 Beds
  • 2 Baths
  • 1,492 ft²
4801 Sarasota Avenue, SARASOTA, FL, 34234 Listing by Alyssa Maldon, PLLC
Unit for rent at 1064 N Tamiami Trail, FL, 34236

$4,000 /mo

  • 2 Beds
  • 2 Baths
  • 1,084 ft²
1064 N Tamiami Trail #1606, FL, 34236 Listing by Cody Smith
Unit for rent at 3843 Chapel Drive, FL, 34234

$3,950 /mo

  • 3 Beds
  • 1 Bath
  • 1,168 ft²
3843 Chapel Drive, FL, 34234 Listing by David Holt


Frequently Asked Questions

When was property at 577 Corwood Drive built and last sold?
The property at 577 Corwood Drive was built in 1967 and last sold on Jul 24, 2020 for $680,000.
How much is this home worth?
The estimated value of the home located at 577 Corwood Drive is $1,097,082.
What are some comparable homes to 577 Corwood Drive?
There are currently no comparable homes to 577 Corwood Drive.