367 W Royal Flamingo DRIVE, Sarasota, FL, 34236 | $5,890,000

Positioned within the prestigious Bird Key enclave, this beautiful gated residence sits on the West end of Dolphin Waterway. It provides immediate access to Sarasota Bay and the Gulf of Mexico. Boasting a FULLY MODERNIZED 5, 257 sq ft home with a spaciously sized 4 bedroom, 4 bathroom layout that includes a second Primary Bedroom/entertainment space upstairs, along with a 4 car garage, this home is a sanctuary of luxury and comfort. Situated on a cul-de-sac, it offers unparalleled privacy and tranquility.
As you enter the coastal ambiance, be greeted by soaring ceilings and pristine 2' x 4' ceramic tile floors. The entrance accompanies the formal dining and living rooms, each with its own sophistication.
The heart of the home lies in the expansive REDESIGNED open kitchen, featuring stainless steel Wolf appliances, a NEW Sub-Zero Designer Series refrigerator/freezer, NEW dishwasher, disposal, and a newly added duel-fed 6 burner gas stove and electric oven for the best of both. The NEW soapstone waterfall island and counters boast a timeless elegance. Carry your conversations to the family room which is highlighted with a warm tile accent wall, crown molding and a custom floating staircase. Sit back and relax to enjoy your panoramic waterfront vista and breathtaking cotton candy-colored skies.
Retreat to the private main floor suite through double doors, where your new primary bathroom awaits with soapstone counters, dual sinks, and a luxurious shower. Your walk-in custom-built closet greets you just after. Wake up to sunshine and water views unlike any other. 2 more private bedrooms and resort-style bathrooms are found in their designated wing. Also complementing the main floor is a custom designed oversized kitchen pantry and storage area.
Ascend the luxury custom wood staircase to discover a SECOND SUITE that will take your breath away. This versatile space offers a full bath with dual sinks, clean designs of natural stone counters, tile flooring, 2 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 picturesque landscape, HEATED SALTWATER pool/spa, and delightful water views. Find your boat on its NEW 20, 000-pound lift and find an additional lift for 2 jet skis. The Mediterranean tile roof adds to 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 the tight-knit group and participate in exciting regattas, thrilling fishing tournaments, and an array of social gatherings designed to forge new connections and lasting relationships. Share stories of maritime adventures, partake in friendly matches on the tennis courts, or simply 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 seize 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, Salt Water
  • 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: 23 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 6/2/2024 3:33:14 PM)

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367 W Royal Flamingo DRIVE, Sarasota, FL, 34236

$5,890,000

Jerry Wachowicz - JW & Group

Broker Associate

William Raveis Real Estate

Phone: 239.777.0741

Jerry.Wachowicz@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 $4,712,000 $4,712,000 $4,712,000
Term 360 months 360 months 180 months
Initial Interest Rate** 7.125% 7.000% 6.875%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.851% 7.128% 7.061%
Monthly Tax Payment $4,205 $4,205 $4,205
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $31,746 $31,349 $42,024
Total Monthly Payment $36,076 $35,679 $46,354

* 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.