new - 13 hours on rocket

515 S Washington Dr, Sarasota, FL, 34236

$7,990,000

4 Bedrooms
3 Full Baths, 1 Partial
4,480 SqFt
$1,783/SqFt
House

Location

Image provided by Mapbox

Property Highlights

Home TypeSingle Family Residence
ParkingDriveway, Garage Door Opener
Attached Garage1 space
Year Built1972
HeatingCentral, Electric, Natural Gas
CoolingCentral Air
WaterfrontCanal
FireplaceGas, Living Room
ViewGarden, Pool, Water
Private PoolYes
MLS #A4630034
Lot Size0.25 Acres
StatusActive

About 515 S Washington Dr

Presenting an unparalleled masterpiece of luxury and sophistication—soon to be one of the most iconic and coveted waterfront estates in Sarasota, Florida. Originally envisioned by the legendary architect Bo MacEwen, this landmark property is undergoing a meticulous transformation from top to bottom, elevating it to a pinnacle of architectural brilliance and timeless elegance. Designed with both grandeur and functionality in mind, the first floor will feature a lavish primary bedroom suite and a private den, offering a serene retreat within the home. The second floor will encompass three additional bedrooms, providing ample space for family and guests while maintaining an intimate and luxurious atmosphere. Outside, indulge in resort-style living by the pool, where elegant landscaping, tranquil water views, and thoughtfully designed lounging and entertaining spaces create a private oasis. This estate is designed for seamless indoor-outdoor living, embodying the ultimate in relaxation and sophistication. Poised to redefine opulence, this estate will combine historic charm with contemporary grandeur, offering an unparalleled living experience. With its premier location, this home will not only stand as a testament to exquisite design but also as a crown jewel among Sarasota's most prestigious residences. Perfectly positioned just steps from the pristine sands of Lido Beach and a mere minute's walk to the world-class shopping and dining of St. Armands Circle, this estate offers an unparalleled lifestyle of convenience and coastal elegance. This entire home renovation was thoughtfully planned well in advance of any hurricane and is not due to recent storms.

Property Details

Property Features

Property Information:

  • Architectural Style: Custom
  • Year Built: 1972
  • Stories: 2
  • Living Area: 4,480 SqFt

Listing Office:

  • Office Name: COLDWELL BANKER REALTY
  • Office Phone: (941) 349-4411
  • Listing Agent: Cole Collins

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Range, Range Hood, Refrigerator, Washer, Wine Cooler
  • Flooring Type: Carpet, Parquet, Tile, Wood
  • Interior: Built-in Features, Ceiling Fans(s), Coffered Ceiling(s), Crown Molding, Eat-in Kitchen, Primary Bedroom Main Floor, Solid Wood Cabinets, Stone Counters, Window Treatments
  • Fireplace: Gas, Living Room

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 3
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Private Pool: Yes
  • Waterfront: Canal
  • View: Garden, Pool, Water
  • Exterior: Lighting, Outdoor Kitchen, Sliding Doors

Parking Information:

  • Garage Space: 1 space
  • Attached Garage: Yes
  • Parking: Driveway, Garage Door Opener

Lot Features

Lot Information:

  • Lot: Landscaped, Near Public Transit, Paved
  • Lot Size: 0.25 Acres

Utilities

Utilities Information:

  • Heating: Central, Electric, Natural Gas
  • Cooling: Central Air

Other

Directions Information:

  • 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

Price Information

Listing Price Info

Price Summary:

  • List Price: $7,990,000
  • Price Per SqFt: $1,783/SqFt

HOA Fees:

  • Amount: $0
  • Frequency: Annually

Tax Information:

  • Annual Amount: $16,536
  • Tax Year: 2020
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Housing Market Comparison

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

Med. Sold Price

$513.6K

Med. Price/SqFt

$301

Avg. Days On Market

62

# of Sold Homes

401

515 S Washington Dr vs Sarasota

1 DAY ON ROCKET

-61 Days

$7,990,000

+$7.4M More

$1,783/SqFt

+$1.4K More

KEY TAKEAWAY

This property is $7.4M more than the Median Sold Price and $1.4K/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: #A4630034

Listing Office:

  • Office Name: COLDWELL BANKER REALTY
  • Office Phone: (941) 349-4411
  • Listing Agent: Cole Collins

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 2025 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: 1/14/2025, 10:49:51 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

Sep 27, 1999Home Sold
$780,000

Tax History

YEARPROP. TAXASSESSMENT
2020$16,536$1,049,897
2019$16,118$1,026,292
2018$15,861$1,007,156
2017$15,682$986,441

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

$24K

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-2565517
10
/10
  • Southside Elementary School

  • 1901 Webber St

  • 2.92 miles

  • Public District Grades PK-5

school-card-donut-2565518
7
/10
  • Bay Haven School of Basics Plus

  • 2901 W Tamiami Cir

  • 3.54 miles

  • Public Magnet Grades KG-5

school-card-donut-2565519
7
/10
  • Alta Vista Elementary School

  • 1050 S Euclid Ave

  • 3.68 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $109,328. Typical income of Sarasota, FL residents is between $100k-200k annually. Residents typically live in single, no kids family. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 515 S Washington Dr

What is the listing price of this property?

The listing price of 515 S Washington Dr property is $7,990,000.

What type of property is this?

The property 515 S Washington Dr is a house located in Sarasota, Florida, 34236.

Is this property for sale now?

Active Listing: 515 S Washington 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 $16,536 (source: MLS/based on county public records data).

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

The last sale was on September 27, 1999 for $780,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 515 S Washington Dr has 4 bedrooms and 3 full and 1 half bathrooms.

What is the square footage of this property?

The property 515 S Washington Dr is 4,480 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 515 S Washington Dr is 1972.
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Rocket Homes›Florida›Sarasota County›Sarasota›34236›515 S Washington Dr

This home is located at 515 S Washington Dr in Sarasota, FL and zip code 34236 in the Saint Armands neighborhood. This 4,480 square foot home, which was built in 1972, sits on a 0.25 acre lot. Features: 4 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since January 14, 2025 and is currently priced at $7,990,000.

In December 2024 more than 18 listings in Sarasota, FL were sold above the asking price. During the same period more than 76 listings were sold at asking price, while more than 307 were sold below. In December 2024 in Sarasota, FL there were 8.9% more homes for sale than in November 2024. The median list price of listings available in December 2024 was $513,637, while the average time on the real estate market was 62 days.

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

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