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Sold for $7,250,000
  • $7,250,000

    340 W ROYAL FLAMINGO DRIVE, SARASOTA, FL 34236

    4beds
    6,067sqft
    Single Family Residence
    Built in 2001
    0.35 Acres Lot
    $6,750,600 Zestimate®
    $1,195/sqft
    $42,756 Estimated rent

    Home value

    $6,750,600

    $6.08M - $7.49M

    $42,756/mo

    Zestimate® history
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    What's special

    Elevator servicing all levelsLarge island with seatingClub room with terraceWest-facing full bay viewsWhole house solar systemSpacious guest suiteSoaring ceilings
    OVER $300,000 PRICE REDUCTION… BRING AN OFFER. This home was spared from Helene's rising waters, even in garage area!! INCREDIBLE NEW PRICE REDUCTION, BEST BAY FRONT VALUE IN SARASOTA. Welcome to this impressive 6000-square-foot home on one of Bird Key's favorite streets. 110 feet of expansive west-facing full bay views overlooking Lido Key, the Sarasota Yacht Club, and spectacular sunsets define this amazing residence. Built-in 2001 by its current owner, the residence has 4 en-suite bedrooms with 2 additional full bathrooms plus a powder room and a 3-car side entry garage. Upon entering the home, you are greeted with soaring ceilings and marble tile flooring with walls of windows showcasing the stunning water views. The kitchen is the heart of the home, updated in 2019, boasts a gas Thermador range, Sub-Zero refrigerator and a large island with seating and is open to the family room and additional wet bar. The owner's suite, on the main level, has sweeping views of the bay and access to the terrace. The luxurious primary bathroom, remodeled in 2018, features his and her walk in closets, an oversized shower, garden tub, and two water closets, one with a separate vanity. Other notable upgrades include a private office with built-in custom cabinetry, Armorvue Impact doors and windows throughout, clay tile roof, a whole house solar system (owned), and an elevator servicing all levels. Mid level is a spacious guest suite with two juliette balconies, sitting area, walk in closet and private bathroom. On the upper level are two additional oversized bedrooms both with en-suite bathroom. And for your entertainment, there is a movie theater and separate club room with terrace overlooking the bay. The main level patio has an outdoor kitchen with gas grill and dining area, while the lower terrace offers a large seating area with fire pit, an oversized heated pool with spa, and a dock with a 10,000-pound boat lift and 2 jet ski lifts. Located in one of the most treasured communities of Sarasota, Bird Key offers the best of all worlds, just moments from St. Armands Circle, Lido Key, and the arts and culture of downtown Sarasota.

    Zillow last checked:

    Listing updated:

    Listed by:

    Barbara May 404-822-9264,

    MICHAEL SAUNDERS & COMPANY 941-951-6660,

    Fred Sassen 404-408-5956,

    MICHAEL SAUNDERS & COMPANY

    Bought with:

    Kim Ogilvie, 0412475

    MICHAEL SAUNDERS & COMPANY

    Source: Stellar MLS,MLS#: A4601285MLS LogoOriginating MLS: Sarasota - Manatee

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 7
    • Full bathrooms: 6
    • 1/2 bathrooms: 1
    Rooms
    • Room types: Bonus Room, Den/Library/Office, Family Room, Dining Room, Living Room, Utility Room, Media Room
    Primary bedroom
    • Features: Walk-In Closet(s)
    • Level: First
    • Area: 315 Square Feet
    • Dimensions: 21x15
    Bedroom 2
    • Features: En Suite Bathroom, Walk-In Closet(s)
    • Level: First
    • Area: 325 Square Feet
    • Dimensions: 25x13
    Bedroom 3
    • Features: En Suite Bathroom, Walk-In Closet(s)
    • Level: Second
    • Area: 216 Square Feet
    • Dimensions: 18x12
    Bedroom 4
    • Features: En Suite Bathroom, Walk-In Closet(s)
    • Level: Second
    • Area: 225 Square Feet
    • Dimensions: 15x15
    Bonus room
    • Features: Wet Bar, No Closet
    • Level: Second
    • Area: 364 Square Feet
    • Dimensions: 14x26
    Dining room
    • Level: First
    • Area: 169 Square Feet
    • Dimensions: 13x13
    Family room
    • Features: Wet Bar
    • Level: First
    • Area: 323 Square Feet
    • Dimensions: 17x19
    Kitchen
    • Level: First
    • Area: 182 Square Feet
    • Dimensions: 13x14
    Living room
    • Level: First
    • Area: 289 Square Feet
    • Dimensions: 17x17
    Media room
    • Level: Second
    • Area: 324 Square Feet
    • Dimensions: 18x18
    Office
    • Level: First
    • Area: 182 Square Feet
    • Dimensions: 13x14
    Heating
    • Central
    Cooling
    • Central Air
    Appliances
    • Included: Bar Fridge, Oven, Convection Oven, Dishwasher, Disposal, Dryer, Freezer, Ice Maker, Microwave, Range, Range Hood, Refrigerator, Washer, Wine Refrigerator
    • Laundry: Inside, Laundry Room
    Features
    • Ceiling Fan(s), Crown Molding, Eating Space In Kitchen, Elevator, High Ceilings, Kitchen/Family Room Combo, Primary Bedroom Main Floor, Solid Wood Cabinets, Split Bedroom, Stone Counters, Thermostat, Tray Ceiling(s), Walk-In Closet(s), Wet Bar
    • Flooring: Carpet, Marble, Tile
    • Doors: French Doors, Outdoor Grill, Outdoor Kitchen, Sliding Doors
    • Windows: Storm Window(s), Shades, Shutters, Window Treatments
    • Has fireplace: Yes
    • Fireplace features: Gas, Living Room, Other Room, Outside
    Interior area
    • Total structure area: 7,790
    • Total interior livable area: 6,067 sqft

    Property

    Parking
    • Total spaces: 3
    • Parking features: Circular Driveway, Driveway, Garage Door Opener, Garage Faces Side, Oversized
    • Attached garage spaces: 3
    • Has uncovered spaces: Yes
    • Details: Garage Dimensions: 33x20
    Features
    • Levels: Two
    • Stories: 2
    • Patio & porch: Covered, Patio, Rear Porch
    • Exterior features: Awning(s), Balcony, Irrigation System, Lighting, Outdoor Grill, Outdoor Kitchen
    • Has private pool: Yes
    • Pool features: Heated, In Ground, Lighting, Pool Sweep
    • Has spa: Yes
    • Spa features: Heated, In Ground
    • Has view: Yes
    • View description: Pool, Water, Bay/Harbor - Full
    • Has water view: Yes
    • Water view: Water,Bay/Harbor - Full
    • Waterfront features: Bay/Harbor, Bay/Harbor Access, Bridges - No Fixed Bridges, Lift, Sailboat Water, Seawall
    • Body of water: SARASOTA BAY
    Lot
    • Size: 0.35 Acres
    • Features: Flood Insurance Required, FloodZone, City Lot, Landscaped, Near Marina
    • Residential vegetation: Trees/Landscaped
    Details
    • Additional structures: Outdoor Kitchen
    • Parcel number: 2014090004
    • Zoning: RSF1
    • Special conditions: None

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Custom,Florida
    • Property subtype: Single Family Residence
    Materials
    • Block, Stucco
    • Foundation: Stem Wall
    • Roof: Tile
    Condition
    • Completed
    • New construction: No
    • Year built: 2001

    Utilities & green energy

    • Electric: Photovoltaics Seller Owned
    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Cable Connected, Electricity Connected, Natural Gas Connected, Public, Sewer Connected, Solar, Sprinkler Well, Water Connected
    Green energy
    • Energy generation: Solar

    Community & HOA

    Community
    • Features: Deed Restrictions
    • Security: Security Gate, Smoke Detector(s)
    • Pet fee: $0 monthly
    • Subdivision: BIRD KEY SUB
    HOA
    • Has HOA: Yes
    • HOA fee: $91 monthly
    • HOA name: Melissa Johnson
    • HOA phone: 941-366-0848
    Location
    • Region: Sarasota

    Financial & listing details

    • Price per square foot: $1,195/sqft
    • Tax assessed value: $5,758,200
    • Annual tax amount: $42,300
    • Date on market: 2/27/2024
    • Cumulative days on market: 331 days
    • Listing terms: Cash,Conventional
    • Ownership: Fee Simple
    • Total actual rent: 0
    • Electric utility on property: Yes
    • Road surface type: Paved

    Price history

    DateEventPrice
    2/21/2025Sold$7,250,000-9.1%$1,195/sqft
    Source: Stellar MLS #A4601285 Report a problem
    1/27/2025Pending sale$7,975,000$1,314/sqft
    Source: Stellar MLS #A4601285 Report a problem
    11/4/2024Price change$7,975,000-3.9%$1,314/sqft
    Source: Stellar MLS #A4601285 Report a problem
    8/26/2024Price change$8,300,000-2.4%$1,368/sqft
    Source: Stellar MLS #A4601285 Report a problem
    6/17/2024Price change$8,500,000-1.7%$1,401/sqft
    Source: Stellar MLS #A4601285 Report a problem
    4/26/2024Price change$8,650,000-1.1%$1,426/sqft
    Source: Stellar MLS #A4601285 Report a problem
    3/26/2024Price change$8,750,000-2.7%$1,442/sqft
    Source: Stellar MLS #A4601285 Report a problem
    2/27/2024Listed for sale$8,995,000+756.7%$1,483/sqft
    Source: Stellar MLS #A4601285 Report a problem
    7/31/2000Sold$1,050,000$173/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$44,384 +2.3%$2,951,673 +0.6%
    2024$43,389 +2.6%$2,933,987 +3%
    2023$42,300 +2.3%$2,848,531 +3%
    2022$41,357 -0.8%$2,765,564 +3%
    2021$41,690 +2.9%$2,685,014 +5.6%
    2020$40,513 +2.5%$2,541,533 +2.3%
    2019$39,506 $2,484,392 +1.9%
    2018$39,506 +1.6%$2,438,069 +2.3%
    2017$38,889 +0%$2,384,129 -28.9%
    2016$38,874 $3,352,900 +8.6%
    2015$38,874 +1.3%$3,088,300 +37.9%
    2014$38,369 +0.1%$2,239,231
    2013$38,327 +3.9%$2,239,231 +1.7%
    2012$36,882 +2.4%$2,201,800 +1%
    2011$36,013 -1.5%$2,179,600 -0.1%
    2010$36,575 +9.8%$2,181,997 +2.7%
    2009$33,311 $2,124,632 +0.1%
    2008$33,311 +1.4%$2,122,509 +3%
    2007$32,839 $2,060,688 +2.5%
    2006-- $2,010,427 +3%
    2005-- $1,951,871 +3%
    2004$33,711 -1.5%$1,895,020 +1.9%
    2003$34,219 +2.9%$1,859,686 +2.4%
    2002$33,257 +120.4%$1,816,100 +114%
    2001$15,092 +53.4%$848,600 +49.9%
    2000$9,839 $566,041
    Find assessor info on the county website

    Neighborhood: Bird Key

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Southside Elementary
    • Middle: Brookside Middle
    • High: Sarasota High

    Source: Stellar MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $6,750,600
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $6,750,600