328 Monroe DRIVE, Sarasota, FL, 34236 | $4,495,000

Welcome to the epitome of relaxed coastal living at 328 Monroe Drive, Sarasota, Florida. This magnificent one-story single family home was built in 2020 on a sprawling double lot, 14, 875 SqFt property. This rare 8 bedroom/ 8 bathroom home spans 3, 931 SqFt, and is being offered fully furnished at an asking price of $4, 495, 000.

As you step inside, you will notice the impressive entryway and the brightness of natural light filling the open floor plan. The gourmet kitchen is a culinary enthusiast's dream with its spacious layout, natural light, premium appliances, and double ovens for epicurean delight. The primary bedroom ensures a pampered experience with its stunning ensuite and walk-in closets. Additional comforts are its romantic fireplace and high vaulted ceilings, which provide a beautiful touch to the interiors.

Outside, the property offers a bespoke outdoor lifestyle with a large yard, custom luxury swimming pool including barstool and island seating, a large back patio and outdoor kitchen for entertaining, and a hot tub - turning weekends into a vacation. Additionally, the home is nestled in a highly popular neighborhood, within a very short stroll to world renowned shopping and dining at Saint Armands Circle , walking distance to Lido Key Beaches, adding to the convenience of luxury living.

This single-story home is a blend of luxury, comfort, and compatibility with modern finishes, making it a truly unique property. Immerse yourself in the allure of Sarasota's spectacular landscapes right from the comfort of your home. Seize this fantastic opportunity to call this splendid home yours. Also, this home can be used as a high income producing weekly vacation rental.

Features

  • Rooms: 3
  • Bedrooms: 8
  • Baths: 8 full
  • Laundry: Laundry Room
  • Style: Coastal
  • Year Built: 2020
  • Garage: 2-car Driveway, Garage Door Opener, Garage Faces Side, Ground Level
  • Heating: Central, Electric
  • Cooling: Central Air
  • Approx Sq. Feet: 3,931
  • Acreage: 0.34
  • Est. Taxes: $54,507
  • View: Pool
  • Pool: Deck, Gunite, In Ground, Lighting
  • Appliances: Built-In Oven, Cooktop, Dishwasher, Disposal, Dryer, Microwave, Range Hood, Refrigerator, Washer
  • MLS#: A4605456
  • Days on Market: 74 days
  • Website: https://www.raveis.com
    /eprop/A4605456/328monroedrive_sarasota_fl?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of MFRMLS (My Florida Regional MLS DBA Stellar MLS). The information being provided is 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. (last updated 6/16/2024 11:42:39 PM)
Listing courtesy of EXP REALTY LLC   Phone: 888-883-8509

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Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
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Evelio MirandaInsurance Sales Director, William Raveis Insurance

561.704.7334

Evelio.Miranda@raveis.com

Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
  • Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
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    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

328 Monroe DRIVE, Sarasota, FL, 34236

$4,495,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

RVP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 917.838.7300

Melissa.Cohn@raveis.com

NMLS Mortgage Loan Originator ID 16953

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $3,596,000 $3,596,000 $3,596,000
Term 360 months 360 months 180 months
Initial Interest Rate** 7.000% 6.750% 6.625%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.799% 6.876% 6.850%
Monthly Tax Payment $4,542 $4,542 $4,542
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $23,924 $23,324 $31,573
Total Monthly Payment $28,591 $27,991 $36,240

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.