by Global Lifestyle Properties

See Home Value
Sarasota 34236 St. Armands
540 N Washington DRIVE
$3,375,000
● House - Off Market

540 N Washington DRIVE

SARASOTA, FL 34236
bedrooms
4 Beds
bathrooms
5 Baths
square feet
3,836 Ft²
$3,718,257
RealtyHop Estimate
10.17%
Since Jan 1, 2022
National-US
Primary Model

About This Property

A highly desirable and rarely available property just steps from St Armands Circle and Lido Beach. This 4 bedroom, 5 bath home in a Premier Location features a sprawling 16,000 SF lot including 100' of water frontage on a wide canal with a covered boathouse, lift, a large dock great for fishing or sunbathing, a pool, an oversized two (2) car garage, and it's only one block from the fabulous St Armands Circle, two blocks from Lido Beach and a short drive to downtown Sarasota! The classic Florida style home is being offered turnkey furnished and is perfect for large gatherings, with an expansive main level featuring stunning vaulted and coffered ceilings, a wood burning fireplace and an open floor plan with captivating views of the pool and canal. The three bedrooms downstairs have plantation shutters and boast an ideal layout, with a King-size guest suite perfect for the in-laws or housekeeper, just off the pool. Upstairs, the Master suite is truly a private oasis with a huge walk-in closet, en suite bathroom and panoramic views of the canal and Pansy Bayou. Outdoors affords privacy and entertaining ease with a gated drive, fenced perimeter, a low maintenance yard, heated pool, shaded and sun-drenched areas for alfresco dining and the convenient pool house which features a full bathroom, storage for your toys, an outdoor shower, and a wet bar. The home is currently a professionally managed vacation rental, with an existing tenant in place from December 25 – April 16. The distinguished location, convenient walkability, island lifestyle and luxurious waterfront amenities make this property truly a rare delight! ** SEE ATTACHED VIDEO**
Unit Size
3,836 Ft²
Days on Market
48 days
Land Size
0.37 acres
Price per sqft
$880
Property Type
House
Property Taxes
$2,183
HOA Dues
-
Year Built
1951

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Last updated: 3 years ago (Stellar MLS #A4516693)

Price History

Date / Event Date Event Price
Apr 18, 2022 Sold
Sold
Dec 22, 2021 Sold
Sold
Nov 4, 2021 Listed by MICHAEL SAUNDERS & COMPANY $3,375,000
Listed by MICHAEL SAUNDERS & COMPANY
Oct 15, 2020 Sold
Sold
Jun 1, 2018 Sold
Sold

Property Highlights

Air Conditioning
Garage
Parking Available
With View
Fireplace

Building Info

Overview

    General

  • Year Built: 1951
  • Effective Year Built: 2011
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 5
  • Full Bathrooms: 5
  • Partial Bathrooms: 5
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 12
  • Building Style: 0
  • Exterior Walls Type: 12
  • Interior Walls Type: 18
  • Roof Shape Type: 8
  • Roof Cover Type: 4
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 15
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 706
  • Parking Space Count: 2
  • Patio Type: 5
  • Porch Type: 102
  • Pool Type: 8
  • Location Influence Type: 27

    Dimensions

  • Lot Size Square Feet: 16,000
  • Total Building Area: 4,542
  • Gross Building Area: 4,542
  • Building Area: 3,836
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 3,836
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SAINT ARMANDS DIVISION JOHN RINGLING EST
  • Land Acres: 0000000367
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • State Land Use Code: 001
  • Legal Description 1: LOTS 3 & 4 BLK 9 ST ARMANDS DIVISION

Neighborhood

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

Zoning

  • Zoning: RSF2

Geography

  • Assessors Map Reference: 16
  • Account Number: 2014120003
  • Subdivision Tract Number: 489
  • Parcel: 2014-12-0003
  • Block: 9
  • Lot: 3,4
  • Meridian: SEC 34 TWN 36S RNG 17E
  • Municipality: CITY OF SARASOTA
  • Latitude: 27.3181
  • Longitude: -82.5794

    Address

  • Full Address: 540 N Washington Dr
  • Address - House Number: 540
  • Street Direction: N
  • Address - Street Name: Washington
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Sarasota
  • Carrier Code: C038
  • 4-Digit Zip Code: 1319
  • Zip Code: 34236

Valuation

    Tax

  • Total Area: 4,622
  • Tax Year: 2023
  • Tax Amount: $4,565,359
  • Tax Rate Code Area: 0200

    Appraisal Valuation

  • Standard Deviation: 0.1762
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 77
  • Final Value: 3,619,495
  • High Value: 4,257,390
  • Low Value: 2,981,601

    Market Valuation

  • Market Total Value: $3,053,900
  • Market Land Value: $2,293,700
  • Market Improvement Value: $760,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $3,053,900
  • Assessed Land Value: $2,293,700
  • Assessed Improvements Value: $760,200

    Sales

  • Current Sale Contract Date: Apr 15, 2022
  • Current Sale Recording Date: Apr 18, 2022
  • Current Sale Price:
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 65410
  • Previous Sale Recording Date: Dec 22, 2021
  • Previous Sale Contract Date: Dec 22, 2021
  • Previous Sale Amount: $3,375,000
  • Previous Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About St. Armands


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Frequently Asked Questions

When was property at 540 North Washington Drive built and last sold?
The property at 540 North Washington Drive was built in 1951 and last sold on Apr 15, 2022 for $3,375,000.
How much is this home worth?
The estimated value of the home located at 540 North Washington Drive is $3,230,303.
What are some comparable homes to 540 North Washington Drive?
There are currently no comparable homes to 540 North Washington Drive.