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$3,100,000

Active

7200 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 listing’s 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 home’s design with practical features that distinguish it within Siesta Key’s 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 Key’s 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, Florida’s 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

Virtual tour

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Estimate the monthly payment

Estimate by Lasbury Tracy Realty β€” not a loan offer

Starting 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.

Take a tour

Pick a day that suits you β€” a licensed Lasbury Tracy agent confirms personally, usually within minutes. No account needed.

7200 Melaleuca Way, Sarasota, FL 34242

Listing courtesy of DOUGLAS ELLIMAN Β· MLS# A4709335 Β· Active

How would you like to see it?
Which day?
What time of day?

In person Β· Tue, Oct 27 Β· Morning (9-12)

No account, no obligation. Prefer to talk? (941) 474-5585

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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Listing information is provided in part by Stellar MLS, as distributed by MLS GRID. Based on information submitted to the MLS as of Oct 26, 2026, 4:56 PM (ET). All data is obtained from various sources and may not have been verified by broker or MLS. All information provided is deemed reliable but is not guaranteed and should be independently verified. IDX information is provided exclusively 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. Some IDX listings have been excluded from this website.

Lasbury Tracy Realty Inc. Β· [email protected]