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Sold for $6,485,000
  • $6,485,000

    387 S WASHINGTON DRIVE, SARASOTA, FL 34236

    4beds
    3,268sqft
    Single Family Residence
    Built in 2000
    0.29 Acres Lot
    $5,752,600 Zestimate®
    $1,984/sqft
    $7,662 Estimated rent

    Home value

    $5,752,600

    $5.23M - $6.27M

    $7,662/mo

    Zestimate® history
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    What's special

    ST ARMANDS WATERFRONT RESIDENCE. This stunning canal-front home was distinctively reimagined and completely renovated in 2021 by Murray Homes with interior selections by Elizabeth Krueger Designs. A luxurious modern coastal retreat unlike any other with 3,268 sq ft of interior living space, this impressive open-concept design offers 4 bedrooms, and 5 full bathrooms. The unparalleled location boasts the best of Florida living with 82-feet of water frontage that includes a new seawall, dock and combination platform lift for Wave Runners /paddleboards. This private, gated residence is conveniently positioned just two blocks from St. Armands Circle, with its award-winning restaurants and shops, within walking distance of Lido Beach, and just a short drive from downtown Sarasota, or beachfront resorts and golf. Meticulous attention to detail is evident as soon as you approach the residence with architectural elements and designer finishes that showcase the unrivaled craftsmanship and exceptional design. Sophisticated accents throughout such as the custom entry doors, beautiful Aspen Spring Catalina Oak wood flooring, and voluminous ceilings with architectural accents in the dining room, family room, and primary suite, make this home the epitome of luxury and style. The gourmet kitchen is a showpiece at the heart of the open living space, with striking Calacatta Viola Monet marble countertops and backsplash, spacious island with seating, custom Windy Chien lighting installation, and maple cabinetry. The well planned space is fully equipped with top-of-the-line appliances including a 36” professional Wolf induction range, Thermador microwave and dishwasher, and Sub-Zero refrigerator. A custom open walk-in pantry with floating shelves and maple cabinetry in a coastal finish, adds both convenience and style. The private primary suite is a true luxury retreat, beautifully appointed with designer finishes such as a vaulted tongue-and-groove wood ceiling, sliders that open wide to the terrace, a generous custom walk-in closet, and an exquisite en suite bathroom. A second spacious suite rivals the primary bedroom to delight your guests with sliders that open to the water, a custom walk-in closet, and a fabulous en suite bathroom with dual vanities, and seamless glass walk-in shower. The 3rd bedroom is adjacent to the main bathroom, and off the kitchen is the stylish laundry room with quartz counters, an apron sink, and built-in cabinetry. The upstairs brings you to the lofty bunkroom, the 4th bedroom, with French doors to the private balcony, and en suite bathroom. The zoned A/C systems are an added convenience, including a mini-split system in the oversized 2-car garage that greets you in comfort as soon as you pull in from the private and gated paver driveway. Magnificently spacious and open, the home’s interior design seamlessly extends outdoors to the waterfront through generous windows and expansive sliding doors that open from the living areas to covered terraces, manicured hardscapes, and the relaxing canal-front pool, spa, and dock. The Southwestern rear exposure and tropical landscape make an ideal backdrop for picturesque sunsets over the intracoastal waterway, and the versatile indoor/outdoor living space is ideal for memorable gatherings. Live the island dream from sought-after St Armands Key, in this luxuriously renovated waterfront coastal sanctuary.

    Zillow last checked:

    Listing updated:

    Listed by:

    Doug Parks 941-400-9087,

    MICHAEL SAUNDERS & COMPANY 941-388-4447

    Bought with:

    Chris Wetzig, 3235110

    PREMIER SOTHEBY'S INTERNATIONAL REALTY

    Source: Stellar MLS,MLS#: A4621405MLS LogoOriginating MLS: Sarasota - Manatee

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 5
    • Full bathrooms: 5
    Rooms
    • Room types: Family Room, Utility Room
    Primary bedroom
    • Features: Ceiling Fan(s), En Suite Bathroom, Walk-In Closet(s)
    • Level: First
    • Dimensions: 23x13
    Bedroom 2
    • Features: En Suite Bathroom, Walk-In Closet(s)
    • Level: First
    • Dimensions: 15x12
    Bedroom 3
    • Features: Built-in Closet
    • Level: First
    • Dimensions: 13x11
    Bedroom 4
    • Features: En Suite Bathroom, No Closet
    • Level: Second
    • Dimensions: 16x13
    Primary bathroom
    • Features: Dual Sinks, En Suite Bathroom, Garden Bath, Makeup/Vanity Space, Stone Counters, Tub with Separate Shower Stall, Water Closet/Priv Toilet
    • Level: First
    • Dimensions: 21x12
    Dining room
    • Level: First
    • Dimensions: 12x10
    Family room
    • Level: First
    • Dimensions: 23x14
    Kitchen
    • Features: Kitchen Island, Pantry, Stone Counters
    • Level: First
    • Dimensions: 13x13
    Living room
    • Level: First
    • Dimensions: 16x17
    Heating
    • Central, Electric
    Cooling
    • Central Air, Ductless, Zoned
    Appliances
    • Included: Dishwasher, Dryer, Microwave, Range, Refrigerator, Tankless Water Heater, Washer, Water Softener
    • Laundry: Inside, Laundry Room
    Features
    • Built-in Features, Cathedral Ceiling(s), Ceiling Fan(s), Eating Space In Kitchen, High Ceilings, Kitchen/Family Room Combo, Living Room/Dining Room Combo, Open Floorplan, Primary Bedroom Main Floor, Solid Wood Cabinets, Stone Counters, Tray Ceiling(s), Vaulted Ceiling(s), Walk-In Closet(s)
    • Flooring: Carpet, Tile, Hardwood
    • Doors: French Doors, Sliding Doors
    • Windows: Window Treatments
    • Has fireplace: No
    Interior area
    • Total structure area: 5,103
    • Total interior livable area: 3,268 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Circular Driveway, Garage Door Opener
    • Attached garage spaces: 2
    • Has uncovered spaces: Yes
    • Details: Garage Dimensions: 23x19
    Features
    • Levels: Two
    • Stories: 2
    • Patio & porch: Covered, Patio
    • Exterior features: Awning(s), Balcony, Irrigation System, Lighting
    • Has private pool: Yes
    • Pool features: Heated, In Ground, Outside Bath Access
    • Has spa: Yes
    • Spa features: Heated, In Ground
    • Has view: Yes
    • View description: Pool, Water, Canal
    • Has water view: Yes
    • Water view: Water,Canal
    • Waterfront features: Canal - Saltwater, Saltwater Canal Access, Bridges - Fixed, Fishing Pier, Lift, Seawall
    Lot
    • Size: 0.29 Acres
    • Features: City Lot, Landscaped, Level
    • Residential vegetation: Mature Landscaping
    Details
    • Parcel number: 2016040040
    • Zoning: RSF2
    • Special conditions: None

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Custom
    • Property subtype: Single Family Residence
    Materials
    • Concrete, Stucco
    • Foundation: Slab, Stem Wall
    • Roof: Tile
    Condition
    • New construction: No
    • Year built: 2000

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Cable Connected, Public, Sewer Connected, Water Connected

    Community & HOA

    Community
    • Pet fee: $0 monthly
    • Subdivision: JOHN RINGLING ESTATES ST ARMANDS DIV 01
    HOA
    • Has HOA: No
    Location
    • Region: Sarasota

    Financial & listing details

    • Price per square foot: $1,984/sqft
    • Tax assessed value: $3,944,800
    • Annual tax amount: $49,315
    • Date on market: 8/26/2024
    • Ownership: Fee Simple
    • Total actual rent: 0
    • Road surface type: Paved

    Price history

    DateEventPrice
    10/1/2024Sold$6,485,000-3.2%$1,984/sqft
    Source: Stellar MLS #A4621405 Report a problem
    8/26/2024Pending sale$6,700,000$2,050/sqft
    Source: Stellar MLS #A4621405 Report a problem
    8/26/2024Listed for sale$6,700,000+191.9%$2,050/sqft
    Source: Stellar MLS #A4621405 Report a problem
    11/13/2019Listing removed$2,295,000$702/sqft
    Source: PREMIER SOTHEBYS INTL REALTY #A4449140 Report a problem
    11/13/2019Listed for sale$2,295,000$702/sqft
    Source: PREMIER SOTHEBYS INTL REALTY #A4449140 Report a problem
    11/12/2019Sold$2,295,000$702/sqft
    Source: Stellar MLS #A4449140 Report a problem
    10/28/2019Pending sale$2,295,000$702/sqft
    Source: Premier Sotheby's International Realty #A4449140 Report a problem
    10/18/2019Listed for sale$2,295,000-27.4%$702/sqft
    Source: PREMIER SOTHEBYS INTL REALTY #A4449140 Report a problem
    5/12/2005Sold$3,160,000+35.9%$967/sqft
    Source: Public Record Report a problem
    9/10/2003Sold$2,325,000+5.7%$711/sqft
    Source: Public Record Report a problem
    6/14/2002Sold$2,200,000+388.9%$673/sqft
    Source: Public Record Report a problem
    5/22/1998Sold$450,000$138/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$58,723 +10.1%$3,944,800 +29.4%
    2024$53,332 +8.1%$3,047,996 +10.1%
    2023$49,316 +15.6%$2,768,178 +11.6%
    2022$42,657 +34.7%$2,479,980 +22.9%
    2021$31,663 +5.5%$2,017,800 +8.4%
    2020$30,008 +18.6%$1,860,800 +15.7%
    2019$25,297 $1,607,979 +1.9%
    2018$25,297 +1.6%$1,577,997 +2.1%
    2017$24,898 0%$1,545,541 -10.8%
    2016$24,906 $1,732,600 +9.9%
    2015$24,906 +0.1%$1,576,700 +7.3%
    2014$24,890 +0.2%$1,469,260
    2013$24,850 +3.9%$1,469,260 +1.7%
    2012$23,906 +1.9%$1,444,700 +0.5%
    2011$23,465 -5.8%$1,437,800 -4.4%
    2010$24,922 -34.8%$1,503,900 -12%
    2009$38,209 $1,708,400 -30.4%
    2008$38,209 -16%$2,454,500 -14.8%
    2007$45,504 $2,881,300 -16.2%
    2006-- $3,439,000 +47%
    2005-- $2,340,200 +18.2%
    2004$35,364 +23.3%$1,980,300 +25.9%
    2003$28,683 +26.2%$1,573,300 +27.8%
    2002$22,725 +51.6%$1,230,800 +45.7%
    2001$14,995 +165.5%$844,800 +174.9%
    2000$5,649 $307,300
    Find assessor info on the county website

    Neighborhood: St. Armands

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Southside Elementary
    • Middle: Booker 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
    $5,752,600
    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
    $5,752,600