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Overview

4 bd6 ba5,456 sqft4 car garageSingle Family
TypeSingle Family
HOANone listed
Built1993
Lot31,495 sqft
Living area5,456 sqft
Price / sqft$1,576
Garage4 car

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Pricing, comps, HOA, the neighborhood. Answers before you fill out anything.

About this home

Built-in FeaturesCathedral Ceiling(s)Ceiling Fans(s)Crown MoldingEat-in KitchenElevatorHigh CeilingsOpen Floorplan

700 Freeling Dr is a 1993-built home in Bay Island, Sarasota. Inside you'll find 4 bedrooms, 6 bathrooms, and 5,456 square feet of living space. Listed at $8,600,000 (about $1,576/sqft), 13 days on market. Flood zone AE - confirm flood insurance requirements with your lender.

From the listing

SWEEPING PANORAMIC WATER VIEWS!....MULTIPLE BOAT LIFTS!... GATED ESTATE RETREAT!...A Singular Offering Where PRIVACY and the Enjoyment of Waterfront Island Living create a Sanctuary of Grandeur where Memories are waiting to be made....Deep Sailboat Water & No Fixed Bridges Provide Quick Access to the Gulf....Extensive Composite Dock with THREE BOAT LIFTS, including: 32,000# capacity; 14,000# Capacity and a 7,000# Capacity Kayak Platform****UPDATES THROUGHOUT MAIN LIVING AREA, including: Wood Plank Tile; Bathrooms & Fixtures; BRIGHT & SPACIOUS Kitchen with Multiple Islands, Hidden Pantry, and Full Slab QUARTZ Backsplashes ....Additionally, you will appreciate, an Elevator; Oversized FOUR Car Garage + Covered Parking + Extensive Driveway Parking; and "peace of mind" with Whole House Generator****This Exceptional Coastal Residence Provides Truly Seamless Indoor/Outdoor Living with Entertaining & Lounging Spaces for any & every Occassion--whether enjoying EXPANSIVE Water Views and Sunrise over the Bay with your Morning Coffee, Soaking up Sunshine Poolside with Favorite Podcast or Sunset Cocktails with Family & Friends.......Ideally Located on Majestic Bay Island with Convenient Access to the North Bridge for the Incredible Dining and Arts of Downtown Sarasota and yet just moments from the Baby Powder Quartz Sands of Top Rated Siesta Key Beach!

The essentials

Built
1993
Price / sqft
$1,576
On market
13 days
Annual tax
$40,819
Flood zone
AE
Lot
31,495 sqft
Type
Single Family Residence

At a glance

Single family
Built 1993
Waterfront
Bay/Harbor
Private pool
In Ground
4 car garage
0.72 acres
Lot size

Payment

Est. monthly payment
$52,554/mo
Down payment (20%)
$1,720,000
Property taxes
$3,402/mo
Rate assumed
6.8% · 30 yr
View full breakdown

Details

Type
Single Family Residence
Year Built
1993
Lot
31,495 sqft
Cooling
Central Air
Heating
Central, Electric
Parking
-
Pool
In Ground, Salt Water
Waterfront
Bay/Harbor, Intracoastal Waterway
Days on Market
13
Built-in Features
Cathedral Ceiling(s)
Ceiling Fans(s)
Crown Molding
Eat-in Kitchen
Elevator
High Ceilings
Open Floorplan
Primary Bedroom Main Floor
Solid Wood Cabinets
Split Bedroom
Stone Counters
Walk-in Closet(s)
Window Treatments
Fire Pit
Lighting
Sprinkler Metered
Built-in Oven
Dishwasher
Disposal
Dryer
Electric Cooktop
Electric Water Heater
Microwave
Refrigerator
Tankless Water Heater
Washer
Wine Refrigerator
Homestead exemption on file Flood Zone AE
Annual Tax (2025)
$40,819
Parcel #
2019150001

Taxes reflect the most recent assessment in the MLS feed. Actual tax owed can vary, so confirm with the county property appraiser before closing.

Subdivision
Bay Island
County
Sarasota
MLS Area
34242 - Sarasota/Crescent Beach/Siesta Key
Lot Size
31,495 sqft
City LimitsOversized Lot

Price history

Date
Event
Price
11/2/2026
Listed for sale
Source: Stellar MLS #A4711256
$8,600,000
$1,576/sqft

Neighborhood

700 Freeling Dr
Sarasota, FL, 34242 · 34242 - Sarasota/Crescent Beach/Siesta Key

Market insights

Offer Insights

Choose an offer strength

List price: $8,600,000
$8.16M – $8.60M
94.9% – 100% of listTops out right at the list price
80% of listList price
46 of the last 90 home closings in 34242 landed at this number or higher (51%). The median one sat 87 days before it went under contract, and this one is on day 13.

Sample: 90 closed home sales in 34242 over the last 8 months, Stellar MLS. A starting point, not a guarantee.

Talk through an offer with our team

Calculator

Est. monthly payment
$52,554/mo
Principal & interest$44,852
Property taxes$3,402
Insurance$4,300
Down payment20% · $1,720,000
Interest rate6.80%
Loan term

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Property taxes are this home's actual annual bill from the MLS, divided by twelve. Insurance estimated at 0.60%. Rate defaults to 6.8% on a 30-year fixed. Tap a pencil to use your own numbers. Estimates only, not a loan quote.

Quick answers.

Price

$8,600,000

$1,576 per sq ft

Beds and baths

4 beds, 6 baths

Size

5,456 sq ft

Time on market

13 days

Year built

1993

Monthly payment

About $52,554/mo

That is 20% down on a 30-year fixed at 6.8%, plus the home's $40,819 annual tax bill, insurance.

Flood zone

Zone AE

That is a high-risk designation, so a lender will normally require flood insurance. Confirm the current rate before you write an offer.

Offer

What should I offer?

Have another question?

Brokered byKELLER WILLIAMS ON THE WATER SListing agent: Veronica MurphyListing data from Stellar MLS, MLS# A4711256.

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