$7,990,000

Estimated payment $45,138/month

Total Views 9,597
4 Beds
3.5 Baths
4,480 Sq Ft
$1,783 Price per Sq Ft

Highlights

  • 71 Feet of Salt Water Canal Waterfront
  • Dock has access to electricity and water
  • Heated In Ground Pool
  • Southside Elementary School Rated A
  • Access To Intracoastal Waterway
  • 3-minute walk to Circle Park

About This Home

Presenting an unparalleled masterpiece of luxury and sophistication—soon to be one of the most iconic and coveted waterfront estates in Sarasota, Florida. Originally envisioned by the legendary architect Bo MacEwen, this landmark property is undergoing a meticulous transformation from top to bottom, elevating it to a pinnacle of architectural brilliance and timeless elegance. Designed with both grandeur and functionality in mind, the first floor will feature a lavish primary bedroom suite and a private den, offering a serene retreat within the home. The second floor will encompass three additional bedrooms, providing ample space for family and guests while maintaining an intimate and luxurious atmosphere. Outside, indulge in resort-style living by the pool, where elegant landscaping, tranquil water views, and thoughtfully designed lounging and entertaining spaces create a private oasis. This estate is designed for seamless indoor-outdoor living, embodying the ultimate in relaxation and sophistication. Poised to redefine opulence, this estate will combine historic charm with contemporary grandeur, offering an unparalleled living experience. With its premier location, this home will not only stand as a testament to exquisite design but also as a crown jewel among Sarasota's most prestigious residences. Perfectly positioned just steps from the pristine sands of Lido Beach and a mere minute's walk to the world-class shopping and dining of St. Armands Circle, this estate offers an unparalleled lifestyle of convenience and coastal elegance. This entire home renovation was thoughtfully planned well in advance of any hurricane and is not due to recent storms.

Listing Agent

Cole Collins

COLDWELL BANKER REALTY Brokerage Phone: 941-349-4411 License #3385219 Listed on: 01/14/2025

COLDWELL BANKER REALTY

Co-Listing Agent

Grant Sharretts

COLDWELL BANKER REALTY Brokerage Phone: 941-349-4411 License #3556697

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $16,692

Year Built

  • Built in 1972

Lot Details

  • 0.25 Acre Lot
  • 71 Feet of Salt Water Canal Waterfront
  • Property fronts a saltwater canal
  • Northwest Facing Home
  • Fenced
  • Mature Landscaping
  • Landscaped with Trees
  • Property is zoned RSF2

Parking

  • 1 Car Attached Garage
  • Garage Door Opener
  • Driveway

Property Views

  • Canal
  • Garden
  • Pool

Home Design

  • Custom Home
  • Slab Foundation
  • Membrane Roofing
  • Concrete Siding
  • Stucco

Interior Spaces

  • 4,480 Sq Ft Home
  • 2-Story Property
  • Partially Furnished
  • Built-In Features
  • Crown Molding
  • Coffered Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Blinds
  • Sliding Doors
  • Great Room
  • Family Room
  • Living Room with Fireplace
  • Formal Dining Room

Kitchen

  • Eat-In Kitchen
  • Range with Range Hood
  • Dishwasher
  • Wine Refrigerator
  • Stone Countertops
  • Solid Wood Cabinet
  • Disposal

Flooring

  • Wood
  • Parquet
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Pool

  • Heated In Ground Pool
  • Heated Spa
  • In Ground Spa
  • Gunite Pool
  • Saltwater Pool

Outdoor Features

  • Access To Intracoastal Waterway
  • Access to Bay or Harbor
  • Dock has access to electricity and water
  • Patio
  • Outdoor Kitchen
  • Exterior Lighting

Location

  • Property is near public transit

Schools

  • Southside Elementary School
  • Booker Middle School
  • Sarasota High School

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Connected
  • Electric Water Heater
  • Cable TV Available

Community Details

  • Property has a Home Owners Association
  • Saint Armands Division John Ringling Estates Community
  • Saint Armands Div John Ringling Estates Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$16,692

Year Built

Built in 1972

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Condition: Completed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Custom
  • Construction Materials: Concrete, Stucco
  • Fireplace: Yes
  • Living Area: 4480
  • Lot Size Acres: 0.25
  • New Construction: No
  • Year Built: 1972
  • Building Area Total: 5392
  • Lot Size Sq Ft: 11083
  • Directions to Property: John Ringling Causeway to John Ringling Blvd. At St. Armands Circle, take the 2nd exit and stay on John Ringling Blvd. Turn left onto S. Washington Drive - 515 S. Washington Drive is on your right
  • Status: Active
  • Street Direction: S
  • Co List Office Mls Id: MFR281502372
  • Co List Office Phone: 941-349-4411
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Available for Lease YN: 1
  • Escrow State: FL
  • List Office Head Office Key Nume: 1046393
  • Minimum Lease: 1 Week
  • RATIO Current Price By Calculate: 1783.48
  • Total Acreage: 1/4 to less than 1/2
  • Unit Number YN: 0
  • Water Access YN: 1
  • MFR_BedroomClosetType: Walk-in Closet
  • MFR_InLawSuiteYN: 0
  • MFR_DockDescription: Dock w/Electric,Dock w/Water Supply
  • MFR_DockYN: 1
  • Attribution Contact: 941-349-4411
  • Tax Year: 2023
  • Special Features: None

Interior Features

  • Fireplace Features: Gas, Living Room
  • Living Area Units: Square Feet
  • Flooring: Carpet, Parquet, Tile, Wood
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Interior Amenities: Built-in Features, Ceiling Fans(s), Coffered Ceiling(s), Crown Molding, Eat-in Kitchen, Primary Bedroom Main Floor, Solid Wood Cabinets, Stone Counters, Window Treatments
  • Appliances Included: Dishwasher, Disposal, Dryer, Electric Water Heater, Range, Range Hood, Refrigerator, Washer, Wine Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 4
  • Levels: Two
  • Spa Features: Heated, In Ground
  • Spa Yn: Yes
  • Stories: 2
  • Window Features: Blinds
  • Street Number Modifier: 515
  • ResoLivingAreaSource: PublicRecords
  • Additional Rooms: Family Room,Formal Dining Room Separate,Formal Living Room Separate,Great Room
  • Living Area Meters: 416.21
  • Room Count: 4

Exterior Features

  • Direction Faces: Northwest
  • Pool Features: Gunite, Heated, In Ground, Salt Water
  • Exterior Features: Lighting, Outdoor Kitchen, Sliding Doors
  • Roof: Membrane
  • Home Warranty: No
  • Pool Private: Yes
  • View: Garden, Pool, Water
  • Water Body Name: SARASOTA BAY
  • Waterfront: Yes
  • Patio and Porch Features: Patio
  • Road Surface Type: Paved
  • Water Access: Bay/Harbor,Intracoastal Waterway
  • Water Extras YN: 0
  • Water Frontage Feet Canal Salt: 71
  • Water View: Canal
  • Water View YN: 1
  • Waterfront Feet Total: 71

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 1
  • Garage Yn: Yes
  • Parking Features: Driveway, Garage Door Opener

Utilities

  • Utilities: Cable Available, Natural Gas Connected, Sewer Connected, Water Connected
  • Cooling: Central Air
  • Heating: Central, Electric, Natural Gas
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee Frequency: Annually
  • Association: Yes
  • Senior Community: No
  • Association 2 YN: 0
  • Association Approval Required YN: 0
  • Complex Community Name Nccb: SAINT ARMANDS
  • Association Fee Requirement: Optional

Fee Information

  • Total Annual Fees: 0.00
  • Total Monthly Fees: 0.00

Schools

  • Elementary School: Southside Elementary
  • High School: Sarasota High
  • Middle Or Junior School: Booker Middle

Lot Info

  • Zoning: RSF2
  • Parcel Number: 2014130019
  • Additional Parcels: No
  • Fencing: Fenced
  • Lot Features: In County, Landscaped, Near Public Transit, Paved
  • Flood Zone Code: AE
  • Homestead YN: 1
  • Lot Size Square Meters: 1030

Green Features

  • Green Verification Count: 0

Rental Info

  • Furnished: Partially
  • Pets Allowed: Yes
  • Lease Restrictions YN: 1
  • Additional Lease Restrictions: Short term Sales and Tourism Tax on rentals under 6 months and a day.

Tax Info

  • Tax Annual Amount: 16692
  • Tax Block: 10
  • Tax Book Number: 2-30
  • Tax Lot: 23

Multi Family

  • Waterfront Features: Canal - Saltwater

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $16,692 $3,177,700 $2,440,900 $736,800
2023 $16,692 $1,129,430 $0 $0
2022 $16,341 $1,096,534 $0 $0
2021 $16,344 $1,064,596 $0 $0
2020 $16,536 $1,049,897 $0 $0
2019 $16,118 $1,026,292 $0 $0
2018 $15,861 $1,007,156 $0 $0
2017 $15,682 $986,441 $0 $0
2016 $15,612 $1,234,300 $831,100 $403,200
2015 $15,857 $1,146,200 $777,800 $368,400
2014 $15,595 $923,233 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/14/2025 01/14/25 For Sale $7,990,000 +97.3% $1,783 / Sq Ft
03/13/2023 03/13/23 Sold $4,050,000 -9.9% $904 / Sq Ft
02/25/2023 02/25/23 Pending -- -- --
02/12/2023 02/12/23 For Sale $4,495,000 0.0% $1,003 / Sq Ft
01/29/2023 01/29/23 Pending -- -- --
01/24/2023 01/24/23 For Sale $4,495,000 -- $1,003 / Sq Ft
Source: Stellar MLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed $4,050,000 --
Warranty Deed $780,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $700,000 Unknown
Previous Owner $1,000,000 Credit Line Revolving
Previous Owner $700,000 Credit Line Revolving
Source: Public Records

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Source: Stellar MLS

MLS Number: A4630034

Stellar MLS

APN: 2014-13-0019