653 40th STREET, Sarasota, FL, 34234 | $3,195,000

Indian Beach modern Zen luxury home mindfully constructed in 2021, incorporating the latest in design and technology features. A commitment to quality craftsmanship is evident throughout with an emphasis on creating spaces that promote relaxation and wellbeing. Every detail embodies a unified approach to perception, ease and affinity with the natural surrounds. Best-in-class construction and design features include concrete block construction, oversize impact glass throughout, high ceilings, smart home integration, generator, in-cabinet electrical outlets, true north art studio and climate-controlled storage room. At the heart of the 3, 200-square-foot home is an expansive social space that incorporates kitchen, dining and living areas with wall-to-wall sliding glass doors to the covered lanai and outdoor kitchen. Designed by a former cook, the kitchen is a culinary delight. Clad in a calming mix of muted colors, it features Italian two-toned cabinetry, quartz countertops, stainless steel kickplates, high-end appliances, generous storage, a massive eat-in island and walk-in pantry. Private retreats include two-bedroom suites plus two additional bedrooms being used as a home office and art studio. A standout feature of the property is the primary suite, which opens to the outdoor serenity patio. It includes dual walk-in closets, and a luxurious en-suite bath with dual vanities, dressing mirrors, a curb-less walk-in shower and full-light door to an outdoor shower. Beautifully finished living spaces extend beyond the exterior walls to outdoor spaces that surround the residence. A courtyard entry with water chain and water fountain creates a stunning entry as well as an inspiring extension of the home office. The primary suite opens to a serene patio with a Bullfrog jetted spa and outdoor shower ensconced by a natural wall of Mast trees. The great room opens to a substantial 680-square-foot covered lanai with automated screens and a natural-flame fire table. Set on a . 41-acre lot, the property boasts ample outdoor space for enjoying the outdoors. The fully fenced and gated backyard features a heated saltwater swimming pool, and tropical privacy landscape with filtered sunlight from several mature oak trees. Indian Beach offers an idyllic setting that’s merely seven minutes north of downtown Sarasota’s urban hub. This singular property offers a peaceful retreat with spacious sheltered spaces that let you find joy in everyday living.

Features

  • Rooms: 10
  • Bedrooms: 4
  • Baths: 3 full
  • Lot Size: 109 x 165 x 110 x 165
  • Laundry: Laundry Room
  • Style: Custom
  • Year Built: 2021
  • Garage: 2-car Driveway, Garage Door Opener
  • Heating: Electric
  • Cooling: Central Air
  • Approx Sq. Feet: 3,200
  • Acreage: 0.41
  • Lot Size: 109 x 165 x 110 x 165
  • Est. Taxes: $22,293
  • Lot Desc: City Lot, Landscaped, Level
  • Elem. School: Emma E. Booker Elementary
  • Middle School: Booker Middle
  • High School: Booker High
  • Pool: Child Safety Fence, Heated, In Ground, Salt Water
  • Appliances: Bar Fridge, Built-In Oven, Convection Oven, Cooktop, Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range Hood, Refrigerator, Touchless Faucet, Washer, Wine Refrigerator
  • MLS#: A4631509
  • Days on Market: 4 days
  • Website: https://www.raveis.com
    /eprop/A4631509/65340thstreet_sarasota_fl?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of MFRMLS (My Florida Regional MLS DBA Stellar MLS). The information being provided is 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. (last updated 1/14/2025 6:06:41 PM)
Listing courtesy of PREMIER SOTHEBYS INTL REALTY   Phone: 941-364-4000

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Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
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Our Insurance Division:

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653 40th STREET, Sarasota, FL, 34234

$3,195,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

RVP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 917.838.7300

Melissa.Cohn@raveis.com

NMLS Mortgage Loan Originator ID 16953

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $2,556,000 $2,556,000 $2,556,000
Term 360 months 360 months 180 months
Initial Interest Rate** 7.125% 6.750% 6.875%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.239% 6.849% 7.037%
Monthly Tax Payment $1,858 $1,858 $1,858
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $17,220 $16,578 $22,796
Total Monthly Payment $19,203 $18,561 $24,779

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.