Price Reduced 21.15%

$4,100,000 ($1,426.09 per sqft)

Est. Mortgage $19,930/mo *

Quick Pre-Approval

Open House Schedule

05/15/2026
1:00 PM to 4:00 PM
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05/16/2026
1:00 PM to 3:00 PM
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05/28/2026
10:00 AM to 1:00 PM
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Price History

$5,200,000
12/24/2025

$4,900,000
1/20/2026

$4,700,000
2/14/2026

$4,500,000
3/16/2026

$4,100,000
4/17/2026


480 CLEVELAND DRIVE, Sarasota, FL, 34236

480 CLEVELAND DRIVE, Sarasota, FL, 34236

10 rooms

3 beds

3 Full / 1 Half baths

1967

Florida, Mediterranean

2,875 sqft

Experience the ultimate in coastal luxury with this exceptional waterfront residence on Lido Key. Perfectly positioned along a wide, private deep-water canal, this beautifully renovated 3-bedroom, 3.5-bath home offers direct, bridge-free boating access to the Intracoastal Waterway and the Gulf of Mexico—an extraordinary feature for boating enthusiasts. Just two blocks from pristine Lido Beach and within walking distance to the vibrant shops and restaurants of St. Armands Circle, this home combines an unbeatable location with a serene, private setting. Designed to maximize its stunning waterfront surroundings, the home features expansive living spaces with six sets of sliding glass doors that seamlessly blend indoor and outdoor living. Step outside to a screened-in, south-facing heated pool and spacious paver deck—ideal for entertaining or simply relaxing while enjoying tranquil canal views. The private dock 2024 is fully equipped with a lift, power, and water, making it effortless to get out on the water at a moment’s notice. Lift can take 12,000 pounds. Inside, the home has been completely renovated in 2025 with a focus on modern elegance and functionality. The kitchen showcases stainless steel appliances, a built-in microwave, floating shelves, and ample cabinetry, along with a conveniently located pantry adjacent to the laundry room with utility sink. Porcelain tile flooring runs throughout, enhancing the home’s clean, sophisticated aesthetic. A thoughtfully designed layout offers both comfort and flexibility. A front-facing guest suite provides privacy for visitors, while a light-filled office or den—framed by three bay windows and enclosed with French doors—serves as an ideal workspace or additional living area. The primary suite is a private retreat featuring custom dual closets and a spa-inspired bathroom with floor-to-ceiling tile, glass-enclosed shower, and plantation shutters. A stylish half bath adds convenience for guests. Rental Projections avail. Investment Opportunity. Offered fully furnished, this home is truly move-in ready and designed for effortless coastal living. Enjoy quiet, walkable streets, nearby nature trails, and easy access to downtown Sarasota via the Ringling Bridge, where world-class dining, arts, and culture await. This is a rare opportunity to own a turnkey waterfront sanctuary in one of Sarasota’s most coveted island communities—where luxury, location, and lifestyle come together seamlessly. Walk to Lido Beach and catch a Sunset Or take the boat!


Status:

Active

Type:

Single-family residential

Furnished Remarks:

Unfurnished

Laundry Remarks:

Inside, Laundry Room

Subdivision:

LIDO BEACH

Garage:

2-car Driveway, Garage Door Opener

Heating:

Central, Electric

Cooling:

Central Air

Acreage:

0.29

Est. Taxes:

$47,931

Construction

Block, Stucco

Utilities

BB/HS Internet Available, Cable Connected, Electricity Connected, Natural Gas Connected, Public, Sewer Connected, Water Connected

Lot Description:

City Lot

View Description:

Pool, Water

Waterfront:

Yes

Elementary School:

Southside Elementary

Middle School:

Booker Middle

High School:

Sarasota High

Days on Market:

140

Pet Policy:

Yes

Appliances:

Dishwasher, Disposal, Dryer, Microwave, Range, Range Hood, Refrigerator, Washer, Wine Refrigerator

Pool:

In Ground

Min Lease Term:

No Minimum

MLS #:

A4672676


Community Info

School Info

Walk Score

Yelp


Listing courtesy of RE/MAX ALLIANCE GROUP 941-954-5454