178 N Washington DRIVE, Sarasota, FL, 34236 | $10,000,000

Rarely available! This coastal contemporary masterpiece sits on 18, 000 square feet of prime bayfront on St. Armands Key. Unobstructed views of Sarasota Bay create a stunning backdrop from every angle, enhancing the beauty of this custom-built home, completed in 2021. Offering 5, 064 square feet of elegant living space, the residence features four bedrooms, four and a half baths, and two bonus rooms easily adaptable as extra bedrooms. Expansive decks and lush outdoor areas capture the essence of Florida living. Inside, an airy, open floor plan connects a light-filled living room, cozy sitting area with an electric fireplace, and a chef’s kitchen equipped with high-end appliances. The serene master retreat, with an expansive terrace, offers dramatic views of the pool and bay, where each sunrise unfolds like a masterpiece, inviting tranquility and inspiration. Two additional guest suites, each with private terraces, and a third suite with a built-in Murphy bed, provide ample comfort and privacy.

Outside, a two-tiered stone deck, saltwater pool, firepit, and verdant landscaping are perfect for entertaining or tranquil al fresco dining. Boaters will appreciate the dock accommodating a 14, 000-pound vessel, with a lower launch for kayaks and canoes. Practical conveniences include a whole-house water filtration system, three HVAC zones, a generator, elevator, security systems, and two one and a half garages with electric car chargers and epoxy-coated floors.

When you're ready to venture beyond your private paradise, the chic boutiques and acclaimed restaurants of St. Armands Circle are just two blocks away. The sugary white sands of Lido Beach are just beyond, and the vibrant energy of downtown Sarasota is only a quick drive over the John Ringling Causeway. Enjoy the best life has to offer in this spectacular waterfront retreat in the heart of a community of culture and natural beauty.

Features

  • Elevator: Y
  • Rooms: 10
  • Bedrooms: 4
  • Baths: 4 full / 1 half
  • Laundry: Electric Dryer Hookup, Inside, Laundry Room, Washer Hookup
  • Style: Coastal, Contemporary, Custom, Elevated
  • Year Built: 2021
  • Garage: 2-car Circular Driveway, Electric Vehicle Charging Station(s), Garage Door Opener, Oversized
  • Heating: Central, Electric, Zoned
  • Cooling: Central Air, Zoned
  • Approx Sq. Feet: 5,064
  • Acreage: 0.41
  • Est. Taxes: $87,669
  • Lot Desc: Flood Insurance Required, City Lot, Landscaped
  • Elem. School: Southside Elementary
  • Middle School: Booker Middle
  • High School: Booker High
  • Pool: Gunite, Heated, In Ground, Pool Alarm, Salt Water
  • Appliances: Bar Fridge, Built-In Oven, Convection Oven, Cooktop, Dishwasher, Disposal, Dryer, Electric Water Heater, Freezer, Ice Maker, Microwave, Range Hood, Refrigerator, Washer, Water Filtration System, Wine Refrigerator
  • MLS#: A4633461
  • Days on Market: 1 day
  • Website: https://www.raveis.com
    /eprop/A4633461/178nwashingtondrive_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 1/6/2025 9:33:39 PM)
Listing courtesy of COLDWELL BANKER REALTY   Phone: 941-366-8070

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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
  • 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
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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
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    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

178 N Washington DRIVE, Sarasota, FL, 34236

$10,000,000

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 $8,000,000 $8,000,000 $8,000,000
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 7.235% 6.723% 6.826%
Monthly Tax Payment $7,306 $7,306 $7,306
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $51,888 $51,225 $70,240
Total Monthly Payment $59,319 $58,656 $77,671

* 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.