See Home Value
Sarasota 34236 St. Armands
171 S WASHINGTON DRIVE
$12,260,208*
House - Off Market

171 S WASHINGTON DRIVE

SARASOTA, FL 34236
bedrooms
4 Beds
bathrooms
7 Baths, 3 Half Baths
square feet
11246 Sqft
$9,896,000 - $12,094,000
Reference Base Price*
11.51%
Since Dec 1, 2021
National-US
Primary Model
Sold Jan 04, 2022
$10,060,000
$7,500,000 by Jpmorgan Chase Bank Na
Mortgage Due Jan 01, 2052
Sold Jan 04, 2022
$10,060,000
$7,500,000 by Jpmorgan Chase Bank Na
Mortgage Due Jan 01, 2052

About This Property

Behold a rare and unparalleled opportunity in a world-class destination to own a waterfront property of pristine palatial magnificence, resplendent with old world charm and sophistication yet brimming with exceptional modern luxury, conveniences and style. A cherished landmark property in the prized St. Armands division of John Ringling Estates on St. Armands Key, where its prime positioning for privacy and seclusion is complemented by more than 300' of gorgeous wraparound water frontage and over 11,000 sq. ft. of opulent and painstakingly crafted and designed living space that truly transcends the extraordinary. Wrought iron gates open to unfold the sumptuousness beyond, enhanced by manicured landscaping, and a stately limestone walkway leading to the soaring facade. Through the mahogany front door and into the foyer, the extravagant drama flourishes and comes alive, enhanced by breathtaking architectural details and illuminated by the glow of natural light through clerestory windows and walls of glass showcasing the water views. The list of indulgent features is unmatched and includes a 2,000-bottle wine vault, home theatre, game room, vivid wood floors, separate accommodations for staff, a majestically furnished and designed kitchen plus a fully equipped catering kitchen, and a voluminous and ultra-luxuriant master suite of 1,700+/- sq. ft. offering the pinnacle of lavish living and connection to the outdoors. Terraces on all levels overlook the sparkling waters and open pool area, graced with flowing waterfalls and an infinity edge. Start your nautical adventures from the protected, pre-wired dock, which can accommodate a vessel up to 70' with a maximum 6' draft. Savor the ultimate in tropically elegant living, just steps away from shopping and dining on St. Armands Circle and moments to beautiful Lido Beach.

The manager has listed the unit size as 11246 square feet.
Unit Size
11,246Ft²
Days on Market
-
Land Size
0.53 acres
Price per sqft
$978
Property Type
House
Property Taxes
$7,582
HOA Dues
-
Year Built
2006

Price History

Date / Event Date Event Price
Jan 4, 2022 Sold to Rebecca A Miller, William H... $10,060,000
Sold to Rebecca A Miller, William H...
Nov 24, 2021 No longer available -
No longer available
Nov 10, 2021 Price Decreased $10,995,000
↓ $1M (8.3%)
Price Decreased
Aug 26, 2021 Listed $11,995,000
Listed
Aug 17, 2007 Sold to Joan C Schoenherr, R Lee Sc... $7,400,000
Sold to Joan C Schoenherr, R Lee Sc...
Show More

Property Highlights

Fireplace
Air Conditioning
Garage
Parking Available
With View

Building Info

Overview

    General

  • Year Built: 2006
  • Effective Year Built: 2008
  • Building Count: 1
  • Total Rooms: 13
  • Bedroom Count: 4
  • Bathroom Count: 8
  • Full Bathrooms: 7
  • Partial Bathrooms: 8
  • Building Condition: Average
  • Building Quality: A
  • Construction Type: Masonry
  • Exterior Walls Type: Stucco
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Hip
  • Roof Cover Type: Concrete
  • Floor Count: 2
  • Living Units: 1
  • Floor Cover: Wood
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 1,352
  • Parking Space Count: 4
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 23,086
  • Lot Size Frontage Feet: 10
  • Total Building Area: 11,746
  • Gross Building Area: 11,746
  • Building Area: 10,394
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 10,394
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: SAINT ARMANDS DIVISION JOHN RINGLING EST
  • Land Acres: 0.53
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOTS 7 & 8, BLK 16, ST ARMANDS DIV

Ownership

  • Current Owner : MILLER WILLIAM H
  • Current Owner 2: MILLER REBECCA A
  • Previous Owner : SCHOENHERR RUSSELL LEE
  • Previous Owner 2: SCHOENHERR JOAN CATHERINE
  • Owner Before Previous Owner: R LEE SCHOENHERR FAMILY TRUST
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Husband and wife
  • Owner Generation Identifier: IV

Neighborhood

  • School District Name: Sarasota County School District
  • School Tax School District: T02 T02D A055
  • Census Tract: 000700

Zoning

  • Zoning: RSF1

Geography

  • Assessors Map Reference: 16
  • Account Number: 2014140051
  • Subdivision Tract Number: 489
  • Parcel: 2014-14-0051
  • Block: 16
  • Lot: 7,8
  • Meridian: SEC 26 TWN 36S RNG 17E
  • Municipality: CITY OF SARASOTA
  • Latitude: 27.3164
  • Longitude: -82.5736

    Address

  • Full Address: 171 S Washington Dr
  • Address - House Number: 171
  • Street Direction: S
  • Address - Street Name: Washington
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Sarasota
  • Carrier Code: C077
  • 4-Digit Zip Code: 1718
  • Zip Code: 34236

Valuation

    Tax

  • Total Area: 13,062
  • Tax Year: 2023
  • Tax Amount: $132,520
  • Tax Rate Code Area: 0200

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $7,500,000
  • First Open Lien Mortgage Lender: JPMORGAN CHASE BANK NA
  • First Open Lien Mortgage Recording Date: Jan 04, 2022
  • First Open Lien Mortgage Loan Amount: $7,500,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jan 01, 2052

    Market Valuation

  • Market Total Value: $9,823,000
  • Market Land Value: $5,631,800
  • Market Improvement Value: $4,191,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $8,937,969

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Dec 29, 2021
  • Current Sale Recording Date: Jan 04, 2022
  • Current Sale Transaction ID: 11916552307
  • Current Sale Price: $10,060,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2022001431
  • Previous Sale Recording Date: Jan 04, 2022
  • Previous Sale Contract Date: Dec 29, 2021
  • Previous Sale Amount: $10,060,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: JPMORGAN CHASE BANK NA
  • First Mortgage Transaction Date: Jan 04, 2022
  • First Mortgage Loan Amount: $7,500,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jan 01, 2052

    Previous Mortgages

  • Previous Mortgage Lender: JPMORGAN CHASE BANK NA
  • Previous Mortgage Transaction Date: Jan 04, 2022
  • Previous Mortgage Loan Amount: $7,500,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jan 01, 2052



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
4 Beds
4.5 Baths
5,635 ft²
$1,766/ft²
$9,950,000 Mar 10, 2023
-
$8,584/mo
House
5 Beds
5.5 Baths
7,863 ft²
$1,463/ft²
$11,500,000 Dec 14, 2022
-
$4,173/mo
Land
Loft
-
-
$10,000,000 Jun 1, 2022
-
$3,627/mo

About St. Armands


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Nearby Rentals

Unit for rent at

$2,500 /mo

  • 1 Bed
  • 1 Bath
  • 945 ft²
Listing by C. Alison Hunter
Unit for rent at

$2,395 /mo

  • 2 Beds
  • 2 Baths
Listing by Manager
Unit for rent at

$2,495 /mo

  • 2 Beds
  • 2 Baths
  • 1,279 ft²
Listing by Manager


Frequently Asked Questions

When was property at 171 South Washington Drive built and last sold?
The property at 171 South Washington Drive was built in 2006 and last sold on Dec 29, 2021 for $10,060,000.
How much is this home worth?
The estimated value of the home located at 171 South Washington Drive is $10,373,643.
What are some comparable homes to 171 South Washington Drive?
There are currently no comparable homes to 171 South Washington Drive.

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