$7,990,000
Active515 S Washington Dr, Sarasota, FL 34236
4 beds · 3.5 baths · 4,480 sq ft
Listing courtesy of COLDWELL BANKER REALTY · MLS# A4630034
652 days on market
Refreshed from the Stellar MLS feed . This listing’s MLS record last changed .
About this home
What’s special
- Primary suite first floor
- Private den
- Resort-style pool
- Western sunset exposure
- St. Armands Circle proximity
- Beach walkable location
AI-selected highlights from the listing description below.
Virtually Staged. Presenting a rare opportunity at 515 S Washington Drive, an extensively reimagined residence offering the space of a luxury estate with a low-maintenance lifestyle, just steps from St. Armands Circle and Lido Beach. Originally envisioned by renowned architect Bo MacEwen, the home is being thoughtfully transformed with a focus on modern design, comfort, and seamless indoor-outdoor living. The first floor features a spacious primary suite and private den, while three additional bedrooms upstairs provide plenty of room for family and guests. Outside, a resort-style pool, elegant landscaping, and multiple entertaining areas create a private retreat without the upkeep of an oversized estate. Best of all, the home enjoys direct western exposure for beautiful Sarasota sunsets, all within an easy walk of the beach, restaurants, shopping, and everything St. Armands has to offer. A unique combination of space, location, privacy, and effortless coastal living. ****Price as stated is for new construction, inquire about pricing prior to construction. ****
Facts
- Property type
- Single Family Residence
- Year built
- 1972
- Bathrooms
- 3 full, 1 half
- Living area
- 4,480 sqft
- Lot size
- 0.25 acres
- Waterfront
- Yes · 71 ft
- Water access
- Bay/Harbor, Intracoastal Waterway
- Water view
- Yes
- Private pool
- Yes
- Exposure
- Northwest
- Furnished
- Partially
- Flood zone
- AE
- CDD
- No
- 55+ community
- No
- Annual taxes
- $16,692/yr
- Listed
- Jan 14, 2025
- MLS #
- A4630034
Estimate the monthly payment
Estimate by Lasbury Tracy Realty — not a loan offerStarting figures for 515 S WASHINGTON DR. Everything below is editable.
AssumptionNot a quoted rate. Ask a lender what you actually qualify for today.
From this listingThe seller's most recent annual tax bill as reported to the MLS. Your bill will differ — Florida reassesses on sale and homestead caps reset.
Editable estimateA placeholder, not a quote. On the Gulf Coast this is the line item most likely to be wrong: premiums swing on roof age, wind mitigation, elevation, and carrier appetite. Get a real quote before you rely on this number.
Starts at $0Deliberately zero until you enter a figure — we will not inflate a payment with a guess. Many homes here need it; ask us for the property's flood zone and the current policy's premium.
Include condo, HOA, and master-association dues. CDD assessments usually arrive on the tax bill instead.
AssumptionNot applied — your down payment is 20% or more.
Estimated total monthly payment
$48,451
$40,402 of that is principal & interest. 17% is taxes, insurance and fees — which is why those inputs matter more here than the rate does.
- Principal & interest
- $40,402
- Property taxes
- $1,391
- Homeowners insurance
- $6,658
- Flood insurance
- $0
- HOA / condo fees
- $0
- Mortgage insurance (PMI)
- $0
- Total per month
- $48,451
Over the life of the loan
- Loan amount
- $6,392,000
- Down payment
- $1,598,000
- Total interest
- $8,152,644
- Principal + interest paid
- $14,544,644
- Paid off in
- 2056
Interest is the exact schedule total for a fixed-rate loan held to term and assumes no extra payments. Taxes, insurance and fees are not included in these lifetime figures because they change every year.
Calculated on this page from the figures above — nothing is sent anywhere and no lender is quoting you. Figures are estimates for planning only, not a pre-approval, commitment to lend, or a statement of the taxes and insurance you will actually be charged. Lasbury Tracy Realty Inc. is a real estate brokerage, not a lender or an insurance agent.
Take a tour
Pick a day that suits you — a licensed Lasbury Tracy agent confirms personally, usually within minutes. No account needed.
515 S Washington Dr, Sarasota, FL 34236
Listing courtesy of COLDWELL BANKER REALTY · MLS# A4630034 · Active
Where this home is
Opens on aerial — on this coast the canal, the lot and the neighbours answer more questions than a street grid does.
More homes in Sarasota
Want an email when homes like this list?
New Sarasota listings with at least 4 bedrooms up to $9,990,000. Free, and you can stop any time.
