171 Mckinley DRIVE, Sarasota, FL, 34236 | $5,500,000

Lido Key luxury retreat with 9 bedrooms, 11 bathrooms a heated pool, spa & slide. Walk to Lido Beach or bike to St. Armand's Circle. This impressive home offers 9 master bedrooms, each meticulously designed for maximum space, and 9 full baths plus 2 half baths, allowing you to spread out. The home is sold turnkey furnished with luxurious sleeping arrangements of 8 King beds and 2 Twin bunk beds. Multiple balconies and patios further enhance your connection to the tropical surroundings. A modern, open-concept kitchen with top-of-the-line Wolf/Subzero appliances is the epicenter of this home. Comfortable furnishings allow for group gatherings both inside and outside on the pool deck.
Situated on a corner lot located on the beautiful Lido Key, where sophistication and coastal opulence seamlessly combine in this residence.
Lido Key Beach is a short 0. 3-mile stroll from your door, where you can enjoy pristine sparkling sands, ensuring you make the most of the beautiful coastal setting.
The stunning rooftop deck provides panoramic views of the picturesque surroundings, offering a serene space to unwind. Whether you're savoring the warm island breeze or soaking up the sun, this space is the perfect place to unwind.
This exquisite property offers a wealth of luxury features, creating the ideal escape for those who demand both relaxation and elegance. New owners will be able to inherit future vacation rental reservations, maintain the same property management company and have an instant income producing property.

Features

  • Elevator: Y
  • Rooms: 3
  • Bedrooms: 9
  • Baths: 9 full / 2 half
  • Laundry: Laundry Room
  • Year Built: 2022
  • Garage: 4-car
  • Heating: Electric
  • Cooling: Central Air
  • Approx Sq. Feet: 4,538
  • Acreage: 0.2
  • Est. Taxes: $55,763
  • Lot Desc: Corner Lot
  • Elem. School: Southside Elementary
  • Middle School: Pine View School
  • High School: Booker High
  • Pool: Gunite, Heated, In Ground
  • Appliances: Built-In Oven, Dishwasher, Dryer, Electric Water Heater, Microwave, Refrigerator, Washer
  • MLS#: A4634680
  • Days on Market: 1 day
  • Website: https://www.raveis.com
    /eprop/A4634680/171mckinleydrive_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 1/9/2025 3:47:07 PM)
Listing courtesy of OWN SRQ LLC   Phone: 941-400-4084

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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

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171 Mckinley DRIVE, Sarasota, FL, 34236

$5,500,000

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 $4,400,000 $4,400,000 $4,400,000
Term 360 months 360 months 180 months
Initial Interest Rate** 7.000% 6.625% 6.625%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.261% 6.748% 6.847%
Monthly Tax Payment $4,647 $4,647 $4,647
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $29,273 $28,174 $38,632
Total Monthly Payment $34,045 $32,946 $43,404

* 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.