367 W Royal Flamingo DRIVE, Sarasota, FL, 34236 | $5,750,000

Nestled within the prestigious enclave of Bird Key, this stunning gated residence is perfect for a primary, vacation, or investment property. Positioned on the sought-after Dolphin Waterway’s west end, it promises immediate access to the crystal-clear waters of Sarasota Bay and the Gulf of Mexico. Boasting a FULLY REMODELED 5, 257 sq ft home, this architectural marvel features a spacious 4-bedroom, 4-bathroom layout, including a second Primary suite (great for multigenerational use), and a rare 4-car garage. Situated on a private cul-de-sac, it offers unrivaled privacy and tranquility, set against the backdrop of the deepest and widest canal on Bird Key. Upon entering, be greeted by an ambiance of modern elegance with soaring ceilings and pristine 2'x4' ceramic tile floors. The grand entrance seamlessly transitions into the formal dining and living rooms, each exuding sophistication. At the heart of this home lies the expansive redesigned open kitchen, a chef's paradise equipped with stainless steel Wolf appliances, a Sub-Zero Designer Series refrigerator/freezer, Cove dishwasher, disposal, and a dual-fed 6 burner gas stove with an electric oven. The organic soapstone waterfall island and counters radiate timeless elegance. Carry your conversations to the family room, accentuated by a warm tile accent wall, and crown molding. Revel in the panoramic waterfront vistas and breathtaking cotton candy-colored skies from this inviting space. Retreat to the private main floor suite through double doors, where the primary bathroom awaits with soapstone counters, dual sinks, and a large shower. A custom-built walk-in closet enhances the primary suite. Two additional private bedrooms and resort-style bathrooms are located in their designated wing, complemented by a custom-designed oversized kitchen pantry and storage area. Ascend the luxury custom wood staircase to discover a SECOND SUITE that will leave you breathless. This versatile space offers a full bath with dual sinks, natural stone counters, tile flooring, two walk-in closet spaces, and a private balcony overlooking sun-soaked palm trees and the Dolphin Waterway. An additional bonus area on the second level provides endless possibilities, whether for a theater room, zen space, or perfect flex room. Step outside to indulge in the heated pool/spa, and delightful water views. Dock your boat on its NEW 20, 000-pound lift and enjoy an additional lift for two jet skis. The Mediterranean tile roof enhances the coastal luxury ambiance. Conveniently located in the heart of St. Armands Circle, enjoy upscale boutiques, dining, and seasonal events, or venture over the Ringling Bridge to embrace the vibrant Downtown Sarasota lifestyle. The Bird Key Yacht Club is a dynamic community united by a love for the sea and the bonds of friendship it fosters. Become part of this tight-knit group and participate in exciting regattas, thrilling fishing tournaments, and various social gatherings designed to forge new connections and lasting relationships. Share stories of maritime adventures, partake in friendly matches on the tennis courts, or unwind by the docks with a captivating book in hand. The Bird Key Yacht Club creates memories that will be treasured for generations to come. Experience the epitome of ENDLESS SUMMER LIVING in this unparalleled Sarasota sanctuary! Schedule your private tour today and take advantage of the opportunity to make this coastal oasis your new home.

Features

  • Rooms: 13
  • Bedrooms: 4
  • Baths: 4 full
  • Laundry: Inside, Laundry Room
  • Year Built: 1967
  • Garage: 4-car Driveway, Garage Door Opener, Garage Faces Side, Oversized, Split Garage
  • Heating: Natural Gas
  • Cooling: Central Air
  • Approx Sq. Feet: 5,257
  • Acreage: 0.34
  • Est. Taxes: $50,458
  • HOA Fee: $973 Annually
  • Lot Desc: Cul-De-Sac, Landscaped
  • View: Water
  • Elem. School: Southside Elementary
  • Middle School: Booker Middle
  • High School: Booker High
  • Pool: Gunite, Heated, In Ground
  • Pet Policy: Yes
  • Appliances: Bar Fridge, Built-In Oven, Convection Oven, Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Tankless Water Heater, Washer, Wine Refrigerator
  • MLS#: A4609702
  • Days on Market: 125 days
  • Website: https://www.raveis.com
    /eprop/A4609702/367wroyalflamingodrive_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 9/27/2024 5:17:08 PM)
Listing courtesy of Compass Florida LLC   Phone: 941-265-7692

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Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

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367 W Royal Flamingo DRIVE, Sarasota, FL, 34236

$5,750,000

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 $4,600,000 $4,600,000 $4,600,000
Term 360 months 360 months 180 months
Initial Interest Rate** 6.250% 6.250% 6.000%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.371% 6.372% 6.182%
Monthly Tax Payment $4,205 $4,205 $4,205
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $28,323 $28,323 $38,817
Total Monthly Payment $32,653 $32,653 $43,147

* 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.  The Total Monthly Payment does not include the estimated HOA/Common Charge payment.