200 Garfield DRIVE, Sarasota, FL, 34236 | $4,750,000

An entertainment mecca on Lido Key, this extraordinary modern retreat embodies the essence of luxurious island living. Built with exceptional craftsmanship, this home stood strong and untouched through recent storms, with no structural or water damageā€”a true testament to its resilience and quality. Fully furnished with meticulously selected designer furniture, this home boasts luxurious features, state-of-the-art amenities, and an unbeatable location. This is the perfect sanctuary to create lasting memories with your loved ones, generate incredible rental income, or both! Upon arrival, you'll be greeted by tropical landscaping and a meticulously designed exterior. The ground floor features a spacious 2-car garage and a captivating pool area, perfect for relaxation and entertainment. The home is equipped with a commercial-grade elevator, ensuring convenience and easy access to all levels including the rooftop deck. The main living level offers a bright and airy atmosphere, adorned with an abundance of natural light that filters through the open layout. The living room exudes modern elegance, and it is perfect for entertaining or cozy movie nights. The kitchen is a culinary enthusiast's dream, equipped with custom cabinets, Dacor and Bosch appliances, and stunning quartz counters with an expansive waterfall kitchen island with dual dishwashers. The bedrooms epitomize comfort and tranquility, offering a serene retreat after a day of island exploration. Each bedroom features its own en-suite bathroom, ensuring privacy and convenience. The owners suite sits secluded on its own level with a bathroom that makes you feel as if you are in a spa-inspired haven, featuring a large vanity, dual sinks, and a glass-enclosed walk-in shower. The other 5 bedrooms are thoughtfully spread across the additional levels and include a built-in bunk room. The double rooftop on the top deck offers a spectacular setting for entertaining guests while reveling in panoramic views of all aspects of the island including the Gulf of Mexico. Numerous seating areas provide ample space to admire mesmerizing sunsets, while an additional rooftop area offers a serene lounging space. After a day at the beach, cool off and bask in the Florida sunshine by taking a refreshing dip in the resort-style heated pool complete with a water slide. The fenced-in yard, adorned with lush palm trees, ensures privacy and tranquility. You will delight in an unforgettable island experience, with a plethora of exciting activities for everyone to enjoy. Conveniently situated just a short 2-minute stroll from Lido Beach and a mere 5-minute walk to the renowned St. Armands Circle, this home offers unparalleled access to the best of the island lifestyle. Currently enrolled in a luxury vacation rental program, this property can be enjoyed privately or the new owner can continue to take advantage of tremendous rental income when not in personal use.

Features

  • Rooms: 15
  • Bedrooms: 6
  • Baths: 6 full / 2 half
  • Laundry: Inside, Laundry Room
  • Year Built: 2022
  • Garage: 2-car
  • Heating: Central
  • Cooling: Central Air
  • Approx Sq. Feet: 3,459
  • Acreage: 0.14
  • Est. Taxes: $50,810
  • Elem. School: Southside Elementary
  • Middle School: Booker Middle
  • High School: Booker High
  • Pool: Heated
  • Appliances: Bar Fridge, Built-In Oven, Convection Oven, Cooktop, Dishwasher, Disposal, Dryer, Range Hood, Refrigerator, Tankless Water Heater, Washer
  • MLS#: A4632867
  • Days on Market: 1 day
  • Website: https://www.raveis.com
    /eprop/A4632867/200garfielddrive_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 12/21/2024 11:03:56 PM)
Listing courtesy of KELLER WILLIAMS CLASSIC GROUP   Phone: 941-900-4151

William Raveis Family of Services

Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.

Customer Service

888.699.8876

Contact@raveis.com

Our family of companies offer our clients a new level of full-service real estate. We shall:

  • Market your home to realize a quick sale at the best possible price
  • Place up to 20+ photos of your home on our website, raveis.com, which receives over 1 billion hits per year
  • Provide frequent communication and tracking reports showing the Internet views your home received on raveis.com
  • Showcase your home on raveis.com with a larger and more prominent format
  • Give you the full resources and strength of William Raveis Real Estate, Mortgage & Insurance and our cutting-edge technology

To learn more about our credentials, visit raveis.com today.

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
  • Offers you pre-approval in minutes!
  • Provides a guaranteed closing date that meets your needs
  • Has access to hundreds of loan programs, all at competitive rates
  • Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction

Yokadi MejiaInsurance Sales Director, William Raveis Insurance

561.335.7966

Yokadi.Mejia@raveis.com

Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
  • Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
  • Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

200 Garfield DRIVE, Sarasota, FL, 34236

$4,750,000

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 $3,800,000 $3,800,000 $3,800,000
Term 360 months 360 months 180 months
Initial Interest Rate** 6.750% 6.625% 6.625%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.620% 6.735% 6.806%
Monthly Tax Payment $4,234 $4,234 $4,234
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $24,647 $24,332 $33,364
Total Monthly Payment $29,006 $28,691 $37,723

* 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.