
1138 47TH STREET, SARASOTA, FL, 34234
Active104 days on marketListed Apr 22, 2026MLS #A4690636
About this home
1138 47TH STREET
Nestled in the heart of Sarasota, this charming 1950’s ranch is an opportunity to own a tastefully remodeled home within the city limits of Indian Beach. This home has an unusually pleasing flow with a split bedroom plan and expansive common space including the kitchen and dining area. To the front of the house, there are two adjacent bedrooms: the first guest bedroom and guest bath and the primary bedroom with en suite bath. The primary bedroom connects to the laundry room which has a passthrough door to the rear hallway of the home, taking you to the 2nd guest bedroom. There is a new single vehicle oversized carport built to current hurricane standards along with an incorporated bank of storage closets and an electrical car outlet. The sun-dappled private fenced yard conveys a feeling of great peace. The front yard has a Zen garden. The back yard is bordered by lush plantings offering privacy and space to enjoy a barbeque, bonfire or relaxation. In the front, the carport and oversized driveway provide plenty of room for parking of cars, RVs, toys, boats, etc. Bonus to the new owner is the Tesla Solar System valued at approximately $36,000 including two new power walls, 24 panels (16 are only one year sold). This could be a savings as much as $2,000 a year on your power bill (and there is no gas or propane bill). Peace of mind with one year old roof, relined pipes including some new PVC pipes, partial concrete construction, masonry walls and in flood zone X and X500 and hurricane panels. There are no deed restrictions or HOA fees. Easy commute to downtown, beaches, colleges, Ringling, airport, restaurants, shopping at our upscale UTC mall, and much more. Indian Beach is known for its historic character, mature tree-lined streets, and proximity to the vibrant cultural scene of downtown Sarasota. Being within the city limits allows for the flexibility of weekly rentals making it a viable investment opportunity. City-owned Water Tower Park is a short walk away offering a great place to absorb nature, ride bikes, play frisbee golf, picnic, etc. Just a bike ride away you will find the Rosemary District, a hip neighborhood with cafes and modern bistros. Easy bike ride to explore art galleries, fine dining, botanical gardens, and all the culture Sarasota has to offer. Short distance to the new Bay Park with 53 acres for your walking, playing and picnicking pleasure.
Facts & features
The home at a glance
3
Bedrooms
2
Bathrooms
1,590
Sqft
0.15 ac
Lot size
1959
Year built
One
Levels
$236
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 — not generic estimates.
$2,659 /mo · 3.5% down FHA, 30-yr fixed at 6%
The assumptions
FHA is the default here because it gets you in the door with just 3.5% down. Switch to Conventional or VA below.
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
Estimated payment
$2,659/mo
Includes FHA mortgage insurance and the financed 1.75% upfront premium. 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
−15.4%
$/sqft vs Sarasota actives
$236 vs $343
Days on market
104 vs 62 typical
Where $236/sqft sits among the 400 Sarasota actives
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 Bayou Oaks
Drive times from this address
Estimated driving times, typical traffic. Data © OpenStreetMap contributors.
Get to know Sarasota. See the full Sarasota guide →
Bayou Oaks — neighborhood snapshot
Population
4,373
Median age
28
Median income
$55,895
Median home value
$213,536
Avg household
3
Households w/ children
382
For the school run
Sarasota County School District
School assignments and ratings via edgeAI — always verify with the district.
The numbers that matter
The Sarasota market
$475K → $495K
Sarasota median sold, yr/yr
95.2%
Sale-to-list ratio (12 mo)
161 of 400
Sarasota actives have cut their price
Median sold price, Sarasota, trailing 36 months (3-month rolling) · live MLS data.
This home is listed 15% above the SARASOTA 34234 median. See the full Sarasota market guide →
Paper trail
This home's history
Reality check
What actually sold near 1138 47TH STREET
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · May ’26$279,000
919 47TH STREET · same community
3 bd · 3 ba · 1,352 sqft · $206/sqft · 49 DOM
Sold · Sep ’25$486,000
3004 BAY SHORE CIRCLE
2 bd · 2 ba · 1,604 sqft · $303/sqft · 116 DOM
Sold · Jun ’26$199,999
1762 22ND ST
4 bd · 2 ba · 1,637 sqft · $122/sqft · 50 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
Eric Chery
Real Estate Agent · CENTURY 21 Edge
Tours, negotiation, and every question about 1138 47TH STREET — start here.

Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 1138 47TH STREET — before you fall in love.
See it in person
Schedule a tour
Pick a day that works — this goes straight to Eric's phone and CRM.
Straight answers
1138 47TH STREET FAQs
What would the monthly payment be for 1138 47TH STREET?+
With 3.5% down on a 30-year FHA loan at 6%, the all-in payment lands around $2,659/mo — principal and interest, the actual property-tax bill 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.
What are the property taxes on 1138 47TH STREET?+
The most recent tax bill on record (2025) was $1,506. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.
How does the price compare to other homes in Sarasota?+
At $375,000, this home is listed about 34% below the Sarasota median of $569,945. The market section on this page shows how the area is trending.
Which schools are assigned to 1138 47TH STREET?+
Booker High School (high), Booker Middle School (middle), Emma E. Booker Elementary School (elementary) — Sarasota County School District. Always verify school assignments with the district before relying on them.
Keep looking
Similar homes nearby
Listing courtesy of COLDWELL BANKER REALTY · Helen Magill. MLS #A4690636.
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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