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Active · Single Family

515 WASHINGTON DRIVE

SARASOTA, FL 34236

Beds
4 beds
Baths
4 baths
Area
4,480 sqft
Single FamilyBuilt 197211,083 sqft lot1-car garageCentral, Electric, Natural GasCentral AirPoolFireplace$1783/sqft579 days on market

About this home

Virtually Staged. Presenting a rare opportunity at 515 S Washington Drive, an extensively reimagined residence offering the space of a luxury estate with a low-maintenance lifestyle, just steps from St. Armands Circle and Lido Beach. Originally envisioned by renowned architect Bo MacEwen, the home is being thoughtfully transformed with a focus on modern design, comfort, and seamless indoor-outdoor living. The first floor features a spacious primary suite and private den, while three additional bedrooms upstairs provide plenty of room for family and guests. Outside, a resort-style pool, elegant landscaping, and multiple entertaining areas create a private retreat without the upkeep of an oversized estate. Best of all, the home enjoys direct western exposure for beautiful Sarasota sunsets, all within an easy walk of the beach, restaurants, shopping, and everything St. Armands has to offer. A unique combination of space, location, privacy, and effortless coastal living. ****Price as stated is for new construction, inquire about pricing prior to construction. ****

Facts & features

Interior

Bedrooms
4
Bathrooms
4
Living area
4,480 sqft
Heating
Central, Electric, Natural Gas
Cooling
Central Air
Flooring
Carpet, Parquet, Tile, Wood
Fireplace
Yes
Stories
2
Features
Built-in Features, Ceiling Fans(s), Coffered Ceiling(s), Crown Molding, Eat-in Kitchen, Primary Bedroom Main Floor…
Appliances
Dishwasher, Disposal, Dryer, Electric Water Heater, Range, Range Hood…

Exterior & lot

Lot size
11,083 sqft (0.25 ac)
Pool
Yes
Waterfront
Yes
Roof
Membrane
Construction
Concrete, Stucco
Exterior
Lighting, Outdoor Kitchen, Sliding Doors

Parking

Garage
1 space

Financial

Annual tax
$16,692 (2023)
Price / sqft
$1783/sqft

Utilities

Water
Public
Sewer
Public Sewer
Utilities
Cable Available, Natural Gas Connected, Sewer Connected, Water Connected

Property

Property type
Single Family
Year built
1972
Subdivision
SAINT ARMANDS DIV JOHN RINGLING ESTATES
County
Sarasota

Assigned schools

Elementary
Southside Elementary
Middle
Booker Middle
High
Sarasota High

Listing

Status
Active
Days on market
512 days
MLS #
MFR741483794
Source
Stellar MLS

Listed by Cole Collins · COLDWELL BANKER REALTY

Listing data provided by Stellar MLS. Information deemed reliable but not guaranteed.

RRENA ValiQRENA ValiQ is an estimated value, blended from public sale comps, neighbourhood trend and this listing’s own metrics. It is a reference, not a guaranteed or asking price. The final number moves on diligence, terms and timing.Estimate

Sample estimate — not an appraisal

$7.54M
−5.6% vs asking
$7.06M low$8.02M high

Based on 17 comparable sales within 1 mile of SARASOTA, FL, this home is priced over RENA ValiQ.

Reference only. Estimates blend public sale comps, neighbourhood trend and the listing’s own metrics. Final price moves on diligence, terms and timing — RENA is your second read, not your agent.

Estimate your monthly cost

PITI + HOA
Estimated monthly payment$41,993/mo
Principal & interest
$40,402/mo
Property tax
$1,391/mo
Home insurance
$200/mo

Opens at 20% down over 30 years at 6.5%, the same assumptions as the answers below. Property tax is this listing's own bill; insurance is left out until you enter a quote, because Florida premiums turn on roof age, elevation and carrier. Every field is editable.

Ask about this property

Answered from this listing’s own figures and the sales around it.

Price history

From the property’s MLS record.

DateEventPriceChange
Jan 14, 2025Listed$7,990,000

NeighbourhoodSample data

Reference scores for SARASOTA, FL. Schools, mobility and amenities feed live data once the dedicated provider connection lands.

Walk Score
77/ 100
Very walkable
Transit Score
41/ 100
Some transit
Bike Score
80/ 100
Very bikeable
Elementary school
Southside Elementary
Assigned school from the MLS record
Middle school
Booker Middle
Assigned school from the MLS record
High school
Sarasota High
Assigned school from the MLS record

Location

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