8 months on rocket

340 W Royal Flamingo Dr, Sarasota, FL, 34236

$7,975,000

4 Bedrooms
6 Full Baths, 1 Partial
6,067 SqFt
$1,314/SqFt
House

Location

Image provided by Mapbox

Property Highlights

Home TypeSingle Family Residence
ParkingCircular Driveway, Driveway, Garage Door Opener, Garage Faces Side, Oversized
Attached Garage3 spaces
Year Built2001
HeatingCentral
CoolingCentral Air
WaterfrontBay
FireplaceGas, Living Room, Other, Outside
ViewPool, Water
Private PoolYes
MLS #A4601285
Lot Size0.35 Acres
StatusActive

About 340 W Royal Flamingo Dr

OVER $300,000 PRICE REDUCTION… BRING AN OFFER. This home was spared from Helene's rising waters, even in garage area!! INCREDIBLE NEW PRICE REDUCTION, BEST BAY FRONT VALUE IN SARASOTA. Welcome to this impressive 6000-square-foot home on one of Bird Key's favorite streets. 110 feet of expansive west-facing full bay views overlooking Lido Key, the Sarasota Yacht Club, and spectacular sunsets define this amazing residence. Built-in 2001 by its current owner, the residence has 4 en-suite bedrooms with 2 additional full bathrooms plus a powder room and a 3-car side entry garage. Upon entering the home, you are greeted with soaring ceilings and marble tile flooring with walls of windows showcasing the stunning water views. The kitchen is the heart of the home, updated in 2019, boasts a gas Thermador range, Sub-Zero refrigerator and a large island with seating and is open to the family room and additional wet bar. The owner's suite, on the main level, has sweeping views of the bay and access to the terrace. The luxurious primary bathroom, remodeled in 2018, features his and her walk in closets, an oversized shower, garden tub, and two water closets, one with a separate vanity. Other notable upgrades include a private office with built-in custom cabinetry, Armorvue Impact doors and windows throughout, clay tile roof, a whole house solar system (owned), and an elevator servicing all levels. Mid level is a spacious guest suite with two juliette balconies, sitting area, walk in closet and private bathroom. On the upper level are two additional oversized bedrooms both with en-suite bathroom. And for your entertainment, there is a movie theater and separate club room with terrace overlooking the bay. The main level patio has an outdoor kitchen with gas grill and dining area, while the lower terrace offers a large seating area with fire pit, an oversized heated pool with spa, and a dock with a 10,000-pound boat lift and 2 jet ski lifts. Located in one of the most treasured communities of Sarasota, Bird Key offers the best of all worlds, just moments from St. Armands Circle, Lido Key, and the arts and culture of downtown Sarasota.

Property Details

Property Features

Property Information:

  • Architectural Style: Custom, Florida
  • Year Built: 2001
  • Stories: 2
  • Living Area: 6,067 SqFt

Listing Office:

  • Office Name: MICHAEL SAUNDERS & COMPANY
  • Office Phone: (941) 951-6660
  • Listing Agent: Barbara May

Interior Features

Interior Information:

  • Appliances: Bar Fridge, Oven, Convection Oven, Dishwasher, Disposal, Dryer, Freezer, Ice Maker, Microwave, Range, Range Hood, Refrigerator, Washer, Wine Cooler
  • Flooring Type: Carpet, Marble, Tile
  • Interior: Ceiling Fans(s), Crown Molding, Eat-in Kitchen, Elevator, High Ceilings, Kitchen/Family Room Combo, Primary Bedroom Main Floor, Solid Wood Cabinets, Split Bedroom, Stone Counters, Thermostat, Tray Ceiling(s), Walk-In Closet(s), Wet Bar, Window Treatments
  • Fireplace: Gas, Living Room, Other, Outside

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 6
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Private Pool: Yes
  • Waterfront: Bay
  • View: Pool, Water
  • Exterior: Awning(s), Balcony, French Doors, Irrigation System, Lighting, Outdoor Grill, Outdoor Kitchen, Sliding Doors

Parking Information:

  • Garage Space: 3 spaces
  • Attached Garage: Yes
  • Parking: Circular Driveway, Driveway, Garage Door Opener, Garage Faces Side, Oversized

Lot Features

Lot Information:

  • Lot: Flood Zone, City Lot, Landscaped, Near Marina, Paved
  • Lot Size: 0.35 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

Other

Directions Information:

  • Directions: From Sarasota Bayfront Drive west over John Ringling Bridge, Turn left of Bird Key Drive, Turn Right on West Royal Flamingo, House is on the right.

Price Information

Listing Price Info

Price Summary:

  • List Price: $7,975,000
  • Price Per SqFt: $1,314/SqFt

HOA Fees:

  • Amount: $1069
  • Frequency: Annually

Tax Information:

  • Annual Amount: $40,513
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Sarasota, FL.

Med. Sold Price

$520.7K

Med. Price/SqFt

$305

Avg. Days On Market

62

# of Sold Homes

302

340 W Royal Flamingo Dr vs Sarasota

261 DAYS ON ROCKET

+199 Days

$7,975,000

+$7.4M More

$1,314/SqFt

+$1K More

KEY TAKEAWAY

This property is $7.4M more than the Median Sold Price and $1K/SqFt more than other homes in Sarasota, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MFRMLS
  • MLS Number: #A4601285

Listing Office:

  • Office Name: MICHAEL SAUNDERS & COMPANY
  • Office Phone: (941) 951-6660
  • Listing Agent: Barbara May

IDX Listings courtesy of Stellar MLS as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

IDX Copyright 2024 My Florida Regional Multiple Listing Service DBA Stellar MLS. The real estate listing data marked with this icon comes from the IDX program of the Stellar MLS system. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided exclusively for consumers’ personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Properties displayed may be listed or sold by various participants in the MLS.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/14/2024, 10:49:48 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jul 31, 2000Home Sold
$1,050,000

Tax History

YEARPROP. TAXASSESSMENT
2020$40,513$2,541,533
2019$39,506$2,484,392
2018$38,889$2,438,069
2017$38,398$2,384,129

History based on county public records data.

Payment Calculator

$39.9K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$23.9K

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-355943
10
/10
  • Southside Elementary School

  • 1901 Webber St

  • 2.07 miles

  • Public District Grades PK-5

school-card-donut-355944
7
/10
  • Alta Vista Elementary School

  • 1050 S Euclid Ave

  • 2.75 miles

  • Public District Grades PK-5

school-card-donut-355945
7
/10
  • Bay Haven School of Basics Plus

  • 2901 W Tamiami Cir

  • 3.08 miles

  • Public Magnet Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $183,582. Typical income of Sarasota, FL residents is $200k+ annually. Typical family type is married, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 340 W Royal Flamingo Dr

What is the listing price of this property?

The listing price of 340 W Royal Flamingo Dr property is $7,975,000.

What type of property is this?

The property 340 W Royal Flamingo Dr is a house located in Sarasota, Florida, 34236.

Is this property for sale now?

Active Listing: 340 W Royal Flamingo Dr is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $40,513 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on July 31, 2000 for $1,050,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 340 W Royal Flamingo Dr has 4 bedrooms and 6 full and 1 half bathrooms.

What is the square footage of this property?

The property 340 W Royal Flamingo Dr is 6,067 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 340 W Royal Flamingo Dr is 2001.
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Rocket Homes›Florida›Sarasota County›Sarasota›34236›340 W Royal Flamingo Dr

This home is located at 340 W Royal Flamingo Dr in Sarasota, FL and zip code 34236 in the Bird Key neighborhood. This 6,067 square foot home, which was built in 2001, sits on a 0.35 acre lot. Features: 4 bedrooms, 7 bathrooms. It has been listed on Rocket Homes since February 27, 2024 and is currently priced at $7,975,000.

Over 13 listings were sold over their listed price in October 2024 in Sarasota, FL. In the same period over 242 listings were sold below the listed price and 47 listings were sold for the listed price. The number of listings in Sarasota, FL decreased by 0.8% between September 2024 and October 2024. Listings spent 62 days on the market in October 2024, and had a median list price of $520,718 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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