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4808 Riverwood Ave, Sarasota, FL, 34231

$217/sqft·Riverwood Park Resub

4 bd2 ba2,707 sqftSingle Family
Listed by KELLER WILLIAMS ON THE WATER S· Last updated · MLS# A4679255

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Est. monthly payment
$3,812/mo
Down payment (20%)
$117,530
Property taxes
$454/mo
Rate assumed
6.8% · 30 yr
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At a glance

Single family
Built 1957
0.42 acres
Lot size
2,707 sqft
Living area

About this home

Ceiling Fans(s)Crown MoldingEat-in KitchenHigh CeilingsOpen FloorplanPrimary Bedroom Main FloorSolid Surface CountersSolid Wood Cabinets

4808 Riverwood Ave is a 1957-built home in Riverwood Park Resub, Sarasota. Inside you'll find 4 bedrooms, 2 bathrooms, and 2,707 square feet of living space. Listed at $587,650 (about $217/sqft), 168 days on market. Flood zone X - outside the FEMA high-risk areas, which keeps insurance manageable.

From the listing

Spacious and versatile 2,700± sq. ft. block home situated on a large double corner lot in one of Sarasota's most desirable family-friendly neighborhoods. A standout feature of this property is its walking-distance access to highly sought-after A-rated schools, making it an exceptional choice for families seeking top-tier education and convenience. This well-maintained home features a new roof (2025), 3 bedrooms, 2 bathrooms, a dedicated office, and a enclosed air-conditioned game room with separate entrance—ideal for extended family, guests, a home business, or potential rental income. The property remained high and dry and offers the freedom of no deed restrictions, providing ample room for boats, RVs, and recreational vehicles. The oversized double corner lot offers endless possibilities, including room for a pool, outdoor entertaining, or future expansion. An added bonus is the property's potential development opportunity. Subject to Sarasota County approval and all applicable zoning and land-use requirements, the parcel may be divided into two buildable lots. Buyers should conduct their own due diligence regarding subdivision and future development potential. Located just 3.5 miles from world-famous Siesta Key Beach and approximately 10 minutes from downtown Sarasota, you'll enjoy easy access to award-winning restaurants, shopping, arts, and entertainment while still being tucked away in a quiet neighborhood setting. The garage has been converted into a mother-in-law suite (or fourth bedroom) and is included in the heated square footage. It can easily be converted back to an oversized two-car garage if desired. A rare opportunity offering top-rated schools, flexibility, location, and future potential all in one property.

The essentials

Built
1957
Price / sqft
$217
On market
176 days
Annual tax
$5,443
Flood zone
X · Low risk
Lot
18,391 sqft
Type
Single Family Residence

Location

4808 Riverwood Ave
Sarasota, FL, 34231·34231 - Sarasota/Gulf Gate Branch
Type
Single Family Residence
Year Built
1957
Lot
18,391 sqft
Cooling
Central Air
Heating
Central, Electric
Parking
Driveway, Guest
Days on Market
176
Ceiling Fans(s)
Crown Molding
Eat-in Kitchen
High Ceilings
Open Floorplan
Primary Bedroom Main Floor
Solid Surface Counters
Solid Wood Cabinets
Stone Counters
Thermostat
Walk-in Closet(s)
Window Treatments
Private Yard
Shade Shutter(s)
Sidewalk
Storage
Built-in Oven
Convection Oven
Dishwasher
Disposal
Dryer
Electric Water Heater
Exhaust Fan
Ice Maker
Microwave
Range Hood
Refrigerator
Washer

Elementary

Phillippi Shores Elementary

Middle

Brookside Middle

High

Riverview High

Districts can re-zone, so verify directly with the district before relying on these.

Homestead exemption on fileFlood Zone X

Annual Tax (2025)

$5,443

Parcel #

0085030030

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

Riverwood Park Resub

County

Sarasota

MLS Area

34231 - Sarasota/Gulf Gate Branch

Lot Size

18,391 sqft

Date
Event
Price
9/3/2026
Price change
Source: Stellar MLS #A4679255
$587,650-0.8%
$217/sqft
Price change
Source: Stellar MLS #A4679255
$592,500-18.7%
$219/sqft
3/19/2026
Listed for sale
Source: Stellar MLS #A4679255
$728,500
$269/sqft
Est. monthly payment$3,812/mo
Principal & interest$3,065
Property taxes$454
Insurance$294
Down payment20% · $117,530
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.

Offer Insights

Choose an offer strength

List price: $587,650
$565,000 – $587,650
96.5% – 100% of listTops out right at the list price
80% of listList price
66 of the last 131 home closings in 34231 landed at this number or higher (50%). The median one sat 47 days before it went under contract, and this one is on day 176 after a $140,850 cut.

Sample: 131 closed home sales in 34231 over the last 8 months, Stellar MLS. A starting point, not a guarantee.

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