Active
$7,990,000
Est. $47,057/mo

515 S Washington Dr, Sarasota, FL, 34236

$1,783/sqft·Saint Armands DIV John Ringling Estates

4 bd4 ba4,480 sqft1 car garageSingle Family
Listed by COLDWELL BANKER REALTY· Last updated · MLS# A4630034

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Est. monthly payment
$47,057/mo
Down payment (20%)
$1,598,000
Property taxes
$1,391/mo
Rate assumed
6.8% · 30 yr
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At a glance

Single family
Built 1972
Waterfront
Canal - Saltwater
Private pool
Heated
1 car garage
Driveway
0.25 acres
Lot size

About this home

Built-in FeaturesCeiling Fans(s)Coffered Ceiling(s)Crown MoldingEat-in KitchenPrimary Bedroom Main FloorSolid Wood CabinetsStone Counters

515 S Washington Dr is a 1972-built home in Saint Armands DIV John Ringling Estates, Sarasota. Inside you'll find 4 bedrooms, 4 bathrooms, and 4,480 square feet of living space. Listed at $7,990,000 (about $1,783/sqft), 512 days on market. Flood zone AE - confirm flood insurance requirements with your lender.

From the listing

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. ****

The essentials

Built
1972
Price / sqft
$1,783
On market
605 days
Annual tax
$16,692
Flood zone
AE
Lot
11,083 sqft
Type
Single Family Residence

Location

515 S Washington Dr
Sarasota, FL, 34236·34236 - Sarasota
Type
Single Family Residence
Year Built
1972
Lot
11,083 sqft
Cooling
Central Air
Heating
Central, Electric, Natural Gas
Parking
Driveway, Garage Door Opener
Pool
Gunite, Heated, In Ground, Salt Water
Waterfront
Canal - Saltwater
Days on Market
605
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
Lighting
Outdoor Kitchen
Sliding Doors
Dishwasher
Disposal
Dryer
Electric Water Heater
Range
Range Hood
Refrigerator
Washer
Wine Refrigerator

Elementary

Southside Elementary

Middle

Booker Middle

High

Sarasota High

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

Homestead exemption on fileFlood Zone AE

Annual Tax (2023)

$16,692

Parcel #

2014130019

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

Saint Armands DIV John Ringling Estates

County

Sarasota

MLS Area

34236 - Sarasota

Lot Size

11,083 sqft

In CountyLandscapedNear Public TransitPaved
Date
Event
Price
1/14/2025
Listed for sale
Source: Stellar MLS #A4630034
$7,990,000
$1,783/sqft
Est. monthly payment$47,057/mo
Principal & interest$41,671
Property taxes$1,391
Insurance$3,995
Down payment20% · $1,598,000
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

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List price: $7,990,000
$7.71M – $7.99M
96.5% – 100% of listTops out right at the list price
80% of listList price
27 of the last 52 home closings in 34236 landed at this number or higher (52%). The median one sat 94 days before it went under contract, and this one is on day 605.

Sample: 52 closed home sales in 34236 over the last 8 months, Stellar MLS. A starting point, not a guarantee.

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