$3,100,000
Active7200 Melaleuca Way, Sarasota, FL 34242
3 beds Β· 5 baths Β· 3,587 sq ft
Listing courtesy of DOUGLAS ELLIMAN Β· MLS# A4709335
Listed today
Refreshed from the Stellar MLS feed . This listingβs MLS record last changed .
About this home
Discover coastal living at 7200 Melaleuca Way, a custom waterfront home in the private Sanderling Club on Siesta Key, Florida. Built in 2018 on approximately three-quarters of an acre, this residence combines coastal architecture, detailed craftsmanship, and access to the natural beauty of Heron Lagoon. Offering approximately 3,587 square feet of living space, the home includes three bedrooms, four full bathrooms, and one half bath. Soaring ceilings, custom millwork, and generously proportioned rooms define the interiors. Concrete block construction and impact-rated windows and doors complement the homeβs design with practical features that distinguish it within Siesta Keyβs housing market. Designed for entertaining and everyday comfort, the living spaces connect to an outdoor retreat with a swimming pool, spa, and grounds that provide room to relax in privacy. A private dock on Heron Lagoon offers a setting for kayaking, paddleboarding, and observing island wildlife. The three-car garage accommodates vehicles, recreational equipment, and storage. Residents of Sanderling Club enjoy a private Gulf-front beach, clubhouse, and tennis facilities, along with access to community boat slips for owners, subject to availability and a waitlist. Nearby, Siesta Key Village offers restaurants, boutiques, and live music that complement the island lifestyle. Spend the day paddleboarding on Heron Lagoon, strolling Siesta Keyβs celebrated white-sand beaches, or gathering with friends for dinner in the Village. At 7200 Melaleuca Way, architectural craftsmanship and a private waterfront setting come together in one of Siesta Key, Floridaβs most distinctive coastal communities.
Facts
- Property type
- Single Family Residence
- Year built
- 2018
- Living area
- 3,587 sqft
- Lot size
- 0.76 acres
- Waterfront
- Yes Β· 100 ft
- Water access
- Lagoon
- Water view
- Yes
- Private pool
- Yes
- Exposure
- East
- Furnished
- Furnished
- Flood zone
- AE
- CDD
- No
- 55+ community
- No
- Annual taxes
- $19,511/yr
- Monthly fees
- $467/mo
- Listed
- Oct 26, 2026
- MLS #
- A4709335
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Estimate the monthly payment
Estimate by Lasbury Tracy Realty β not a loan offerStarting figures for 7200 MELALEUCA WAY. 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 β 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 β 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.
From this listingMonthly association fee as reported to the MLS. Confirm what it includes, and ask about special assessments.
AssumptionNot applied β your down payment is 20% or more.
Estimated total monthly payment
$20,352
$15,675 of that is principal & interest. 23% is taxes, insurance and fees β which is why those inputs matter more here than the rate does.
- Principal & interest
- $15,675
- Property taxes
- $1,626
- Homeowners insurance
- $2,583
- Flood insurance
- $0
- HOA / condo fees
- $467
- Mortgage insurance (PMI)
- $0
- Total per month
- $20,352
Over the life of the loan
- Loan amount
- $2,480,000
- Down payment
- $620,000
- Total interest
- $3,163,103
- Principal + interest paid
- $5,643,103
- 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 β 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.
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7200 Melaleuca Way, Sarasota, FL 34242
Listing courtesy of DOUGLAS ELLIMAN Β· MLS# A4709335 Β· Active
Where this home is
Opens on aerial β on this coast the canal, the lot and the neighbours answer more questions than a street grid does.
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