340 MORNINGSIDE DRIVE, SARASOTA, FL, 34236
Active255 days on marketListed Nov 11, 2025MLS #A4671655
About this home
340 MORNINGSIDE DRIVE
Experience the epitome of island living in this luxurious three-bedroom, four-bath residence. With high-end finishes and spacious rooms featuring soaring ceilings, every detail exudes comfort and elegance. Enjoy leisure time with a ping-pong table, a theater room, and a pristine pool that basks in southern exposure, overlooking the tranquil open bayou. The kitchen, complete with a breakfast area, offers stunning views of the pool and bayou, while a cozy office space provides an ideal work-from-home environment. The home also features a beautiful dining room with a wet bar and a welcoming living room adorned with elegant wood floors throughout. Each bedroom offers luxurious en-suite baths, and the master bath is a true retreat. The expansive pool deck area and the convenience of a two-car garage and boat dock add to the home’s charm. Plus, with an elevator and a full-house generator, you’ll enjoy ultimate comfort and peace of mind.
Facts & features
The home at a glance
3
Bedrooms
3.5
Bathrooms
3,280
Sqft
0.31 ac
Lot size
2
Garage
1993
Year built
Two
Levels
$1,502
Per sqft
Inside
Outside & construction
Community & fees
Utilities & systems
The numbers
What it really costs
Built from this home's actual numbers — the most recent property-tax bill on record and the real association fee — not generic estimates.
$33,270 /mo · 10% down Conventional, 30-yr fixed at 6%
The assumptions
Above the FHA loan limit for our service areas, so Conventional is the default. VA buyers: switch below — $0 down.
These numbers assume a generic buyer — your credit, down payment and loan program change them. Get the real quote in minutes:
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Run your own numbers
FHA isn’t available at this price — the loan would exceed the $541,287 FHA limit for our service areas.
Estimated payment
$33,270/mo
Includes estimated PMI — it drops off once you reach 20% equity. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
Value check
Is the price right?
The internet’s favorite home-value number comes from a single automated model that has never seen the street, the finishes, or the view — which is why it routinely misses by tens of thousands of dollars. The edgeAI estimate combines multiple independent data sources with our team’s on-the-ground expertise in this exact market.
vs edgeAI estimate
+155.2%
$/sqft vs LIDO C
$1,502 vs $1,637
Days on market
255 vs 58 typical
Where $1,502/sqft sits among the 6 homes for sale in LIDO C
The edgeAI estimate is a starting point, not an appraisal or a broker price opinion. It is generated from public records, listing data and market modeling, and is subject to change once a licensed real estate professional personally inspects the property. Condition, floor, view and lot are not fully captured by any model — ask us for a full comparative market analysis.
Where it sits
Inside Sarasota
Drive times from this address
Estimated driving times, typical traffic. Data © OpenStreetMap contributors.
Get to know Sarasota. See the full Sarasota guide →
SARASOTA 34236 — neighborhood snapshot
Population
13,916
Median age
66.6
Median income
$96,400
Median home value
$917,100
Avg household
1.63
Households w/ children
460
The numbers that matter
The Sarasota market
$470K → $470K
Sarasota median sold, yr/yr
95.1%
Sale-to-list ratio (12 mo)
1 of 6
LIDO C have cut their price
Median sold price, Sarasota, trailing 36 months (3-month rolling) · live MLS data.
This home is listed 480% above the SARASOTA 34236 median. See the full Sarasota market guide →
Paper trail
This home's history
Reality check
What actually sold near 340 MORNINGSIDE DRIVE
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · Jun ’26$1,700,000
1186 WESTWAY DRIVE · same community
3 bd · 3 ba · 2,984 sqft · $570/sqft · 105 DOM
Sold · Jan ’26$1,400,000
1160 MORNINGSIDE PLACE · same community
2 bd · 2 ba · 1,346 sqft · $1,040/sqft · 169 DOM
Sold · Sep ’25$4,000,000
204 N WASHINGTON DRIVE
3 bd · 3.5 ba · 3,239 sqft · $1,235/sqft · 149 DOM
Closed-sale data from the MLS, last 12 months, selected for similarity in size and location. No two homes are identical — ask us for a full comparative analysis.
Your home team
The pros in your corner
Buying a home is two conversations — the home and the money. Here’s who handles each, side by side, already working together.
Your agent
Kat Bonelli
REALTOR® · CENTURY 21 Edge
Tours, negotiation, and every question about 340 MORNINGSIDE DRIVE — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 340 MORNINGSIDE DRIVE — before you fall in love.
See it in person
Schedule a tour
Pick a day that works — this goes straight to Kat's phone and CRM.
Straight answers
340 MORNINGSIDE DRIVE FAQs
What would the monthly payment be for 340 MORNINGSIDE DRIVE?+
With 10% down on a 30-year Conventional loan at 6%, the all-in payment lands around $33,270/mo — principal and interest, the actual property-tax bill, the $42/mo association fee and typical Florida insurance. The payment calculator on this page lets you switch loan type (FHA, Conventional, VA) and adjust the down payment, rate and term.
How much are the HOA fees at 340 MORNINGSIDE DRIVE?+
The association fee works out to $42 per month. Ask us for the full association documents — they spell out exactly what the fee covers.
What are the property taxes on 340 MORNINGSIDE DRIVE?+
The most recent tax bill on record (2024) was $55,749. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.
Are pets allowed at 340 MORNINGSIDE DRIVE?+
The listing reports pets: Cats OK, Dogs OK. Communities often layer on breed or weight rules — we'll verify the specifics with the association before you commit.
How does the price compare to other homes in Sarasota?+
At $4,925,000, this home is listed about 764% above the Sarasota median of $570,000. The market section on this page shows how the area is trending.
The brief
Four things that matter here
01Positioned at the premium end
$4,925,000 runs 480% above the SARASOTA 34236 median — but at 3,280 sqft it's also nearly twice the size of the typical Sarasota listing.
02Waterfront living
This home sits directly on the water — the single scarcest feature in Florida inventory and the strongest long-term value anchor.
03Time on market is leverage
255 days on market against a Sarasota median of 58 — sellers in this position are usually ready to negotiate.
04The price has already moved
Listed at $5,495,000, now $4,925,000 — a $570K cut. The full history is in the market section below.
Keep looking
Similar homes nearby
Listing courtesy of DEVELOPERS REALTY LBK, INC · Reid Murphy. MLS #A4671655.
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Stellar MLS.
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