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$7,990,000

515 S WASHINGTON DRIVE, SARASOTA, FL 34236

Active572 days on market

Beds

4

Baths

4

Sq Ft

4,480 sq ft

Year Built

1972

Lot Size

0.25 acres

Garage

1

About This Property

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. ****

Property Overview

Property TypeResidential
Sub TypeSingle Family Residence
MLS #A4630034
StatusActive
Year Built1972
Stories2
Total Rooms4
ConstructionConcrete, Stucco
RoofMembrane
FoundationSlab
FacesNorthwest
SubdivisionSAINT ARMANDS DIV JOHN RINGLING ESTATES
CountySarasota
OwnershipFee Simple
FurnishedPartially

Interior Features

InteriorBuilt-in Features, Ceiling Fan(s), Coffered Ceiling(s), Crown Molding, Eating Space In Kitchen, Primary Bedroom Main Floor, Solid Wood Cabinets, Stone Counters, Window Treatments
FlooringCarpet, Parquet, Tile, Hardwood
AppliancesDishwasher, Disposal, Dryer, Electric Water Heater, Range, Range Hood, Refrigerator, Washer, Wine Refrigerator
LaundryInside
WindowsBlinds
CoolingCentral Air
HeatingCentral, Electric, Natural Gas
FireplaceYes ()

Exterior & Lot

ExteriorLighting, Outdoor Kitchen, Sliding Doors
FencingFenced
Lot Size0.25 acres (11,083 sq ft)
Lot FeaturesIn County, Landscaped, Near Public Transit
Road SurfacePaved
ViewGarden, Pool, Water

Pool & Spa

Private PoolYes
Pool FeaturesGunite, Heated, In Ground, Salt Water
SpaHeated, In Ground

Waterfront

WaterfrontYes
FeaturesCanal - Saltwater

Utilities

WaterPublic
SewerPublic Sewer
UtilitiesCable Available, Natural Gas Connected, Sewer Connected, Water Connected

Parking

GarageYes (1 spaces)

HOA & Community

HOAYes
Senior CommunityNo

Financial Details

List Price$7,990,000
Annual Taxes$16,692 (2023)
FinancingCash, Other
ZoningRSF2
Parcel #2014130019

Schools

ElementarySouthside Elementary
MiddleBooker Middle
HighSarasota High

Directions

John Ringling Causeway to John Ringling Blvd. At St. Armands Circle, take the 2nd exit and stay on John Ringling Blvd. Turn left onto S. Washington Drive - 515 S. Washington Drive is on your right

Location

515 S WASHINGTON DRIVE, SARASOTA, FL 34236

Listing Information

OfficeCOLDWELL BANKER REALTY
ListedJanuary 14, 2025

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Home Price

$7,990,000

20% ($1,598,000)
6.75%

Loan Term

Principal & Interest$41,458
Property Tax (est.)$7,324
Insurance (est.)$150
Total Monthly$48,933
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Listing information is deemed reliable but not guaranteed. All measurements and data should be independently verified. This information is provided by the Stellar MLS. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed. 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. Data last updated: August 7, 2026.

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