150 Grant DRIVE, Sarasota, FL, 34236 | $4,985,000

BRAND NEW 8 BEDROOM 8 1/2 BATH TURNKEY FURNISHED COASTAL HOME IS AN ABSOLUTE MASTERPIECE!!! Welcome to this extraordinary home with highly desired southern exposure, presenting a luxurious opportunity in the sought-after Lido Key area. With the convenience of an elevator servicing all floors, vaulted ceilings, a rooftop terrace, 8 bedrooms, 8 full baths, and 1 half bath. Located just a block away from the pristine shores of Lido Key Beach, this property offers unparalleled accessibility, with a leisurely 2-minute stroll to the beach or a quick 4-minute bike ride to the vibrant St. Armand's Circle. Embrace breathtaking vistas from the expansive balcony, granting you a captivating preview of the finest views Lido Key has to offer, including the Gulf of Mexico and Downtown Sarasota. Picture yourself savoring coffee or cocktails while basking in the sun on the rooftop terrace, balcony, or the inviting and sun-soaked expansive patio. Exquisitely designed with meticulous attention to detail, the interior showcases a tasteful luxury coastal palette, featuring premium materials throughout. On the ground level, this residence comprises a 2-car garage, a welcoming entry foyer, and convenient access to the stairs or elevator. Stepping into the backyard, you'll discover a splendid pool with a slide, a rejuvenating spa, and a lushly landscaped covered patio with ample seating, offering an idyllic setting for private and memorable outdoor gatherings, bathed in the warmth of the southern exposure. The first level of living exudes grandeur, boasting a magnificent great room that encompasses a chef's kitchen with a sizable central island for bar top seating, an expansive living room, and a dining area. This level also accommodates four bedrooms, each with ensuite baths, providing ultimate privacy for your guests. Two of the bedrooms share a generous balcony, perfect for enjoying refreshing breezes and capturing breathtaking sunsets. The entertainment experience continues on the second level, accessible via the elevator or staircase, where you'll be greeted by a second living area featuring a convenient wet bar. An additional four bedrooms await discovery on this floor, including a master suite boasting a standalone tub, a walk-in shower, a walk-in closet, and another generous balcony offering captivating vistas of beautiful Lido Key. The second floor also presents three more bedrooms, each with ensuite bathrooms, and an additional balcony providing access to the rooftop deck, granting awe-inspiring views throughout the day, including mesmerizing sunrises and sunsets! Take advantage of this rare chance to own a coastal paradise and embrace a lifestyle of luxury and beauty on Lido Key.

Features

  • Rooms: 10
  • Bedrooms: 8
  • Baths: 8 full / 1 half
  • Laundry: Laundry Room
  • Style: Custom
  • Year Built: 2024
  • Garage: 2-car
  • Heating: Electric
  • Cooling: Central Air
  • Approx Sq. Feet: 3,899
  • Acreage: 0.14
  • Est. Taxes: $20,006
  • Pool: Heated, In Ground
  • Pet Policy: Yes
  • Appliances: Built-In Oven, Convection Oven, Cooktop, Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range Hood, Refrigerator, Washer
  • MLS#: A4634251
  • Days on Market: 1 day
  • Website: https://www.raveis.com
    /eprop/A4634251/150grantdrive_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 11:17:08 PM)
Listing courtesy of RE/MAX ALLIANCE GROUP   Phone: 941-758-7777

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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

150 Grant DRIVE, Sarasota, FL, 34236

$4,985,000

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 $3,988,000 $3,988,000 $3,988,000
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 $1,667 $1,667 $1,667
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $26,532 $25,536 $35,014
Total Monthly Payment $28,324 $27,328 $36,806

* 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.