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Off market
  • $3,931,000

    540 N Washington Dr, Sarasota, FL 34236

    4beds
    3,836sqft
    SingleFamily
    Built in 1951
    0.37 Acres Lot
    $3,931,000 Zestimate®
    $1,025/sqft
    $9,406 Estimated rent

    Home value

    $3,931,000

    $3.38M - $4.56M

    $9,406/mo

    Zestimate® history
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    $25,440/mo

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    What's special

    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**

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 5
    • Full bathrooms: 5
    Heating
    • central, Electric
    Cooling
    • Central
    Appliances
    • Included: Dishwasher, Microwave, Refrigerator
    Features
    • Attic, Inside Utility, Smoke Alarm(S), Blinds/Shades, Crown Molding, Built in Features
    • Flooring: Tile, Hardwood, Laminate
    • Has fireplace: Yes
    Interior area
    • Total interior livable area: 3,836 sqft

    Property

    Parking
    • Parking features: Garage, Open
    Features
    • Exterior features: Other, Stucco
    • Has view: Yes
    • View description: Water
    • Has water view: Yes
    • Water view: Water
    Lot
    • Size: 0.37 Acres
    Details
    • Parcel number: 2014120003

    Construction

    Type & style
    • Home type: SingleFamily
    Materials
    • masonry
    • Foundation: Concrete
    • Roof: Tile
    Condition
    • Year built: 1951

    Utilities & green energy

    • Utilities for property: Electric, Private Utilities, City Water, BB/HS Internet Avail, Private sewer, Sprinkler Well

    Community & HOA

    Location
    • Region: Sarasota

    Financial & listing details

    • Price per square foot: $1,025/sqft
    • Tax assessed value: $2,927,100
    • Annual tax amount: $44,351
    • Ownership: Fee Simple

    Price history

    DateEventPrice
    2/27/2024Listing removed$3,375,000$880/sqft
    Source: Stellar MLS #A4516693 Report a problem
    4/18/2022Sold$3,375,000$880/sqft
    Source: Public Record Report a problem
    12/22/2021Sold$3,375,000$880/sqft
    Source: Public Record Report a problem
    11/9/2021Pending sale$3,375,000$880/sqft
    Source: Stellar MLS #A4516693 Report a problem
    11/4/2021Listed for sale$3,375,000+82.4%$880/sqft
    Source: Stellar MLS #A4516693 Report a problem
    10/15/2020Sold$1,850,000+7.7%$482/sqft
    Source: Public Record Report a problem
    6/1/2018Sold$1,718,000-1.8%$448/sqft
    Source: Public Record Report a problem
    2/1/2018Price change$1,749,000-2.8%$456/sqft
    Source: SARASOTA REAL ESTATE SERVICES #A4197524 Report a problem
    10/2/2017Listed for sale$1,800,000+2.9%$469/sqft
    Source: SARASOTA REAL ESTATE SERVICES #A4197524 Report a problem
    5/12/2017Listing removed$7,500$2/sqft
    Source: Owner Report a problem
    4/25/2017Listed for rent$7,500+7.1%$2/sqft
    Source: Owner Report a problem
    4/25/2017Listing removed$1,749,000$456/sqft
    Source: SARASOTA REAL ESTATE SERVICES #A4158348 Report a problem
    4/10/2017Price change$1,749,000-2.8%$456/sqft
    Source: SARASOTA REAL ESTATE SERVICES #A4158348 Report a problem
    2/1/2017Price change$1,799,000-2.7%$469/sqft
    Source: SARASOTA REAL ESTATE SERVICES #A4158348 Report a problem
    7/7/2016Listed for sale$1,849,000-0.1%$482/sqft
    Source: SARASOTA REAL ESTATE SERVICES #A4158348 Report a problem
    4/29/2016Listing removed$1,850,000$482/sqft
    Source: Michael Saunders & Company - Licensed Real Estate Broker Report a problem
    4/4/2016Price change$1,850,000-5.1%$482/sqft
    Source: Michael Saunders & Company - Licensed Real Estate Broker Report a problem
    2/17/2016Price change$1,949,000-2.5%$508/sqft
    Source: Michael Saunders & Company - Licensed Real Estate Broker Report a problem
    10/2/2015Listed for sale$1,999,000-0.1%$521/sqft
    Source: Michael Saunders & Company - Licensed Real Estate Broker Report a problem
    8/29/2015Listing removed$2,000,000$521/sqft
    Source: Owner Report a problem
    8/18/2015Listed for sale$2,000,000+64.9%$521/sqft
    Source: Owner Report a problem
    7/30/2015Listing removed$7,000$2/sqft
    Source: Owner Report a problem
    4/3/2015Price change$7,000-6.7%$2/sqft
    Source: Owner Report a problem
    3/10/2015Price change$7,500+15.4%$2/sqft
    Source: Owner Report a problem
    2/14/2015Price change$6,500-13.3%$2/sqft
    Source: Owner Report a problem
    12/25/2014Listed for rent$7,500+15.4%$2/sqft
    Source: Owner Report a problem
    7/3/2014Listing removed$6,500$2/sqft
    Source: Owner Report a problem
    6/9/2010Sold$1,213,000+10.3%$316/sqft
    Source: Public Record Report a problem
    4/8/2002Sold$1,100,000$287/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$44,351 -6.2%$2,927,100 -7.9%
    2024$47,264 +3.5%$3,178,800 +4.1%
    2023$45,654 +10.2%$3,053,900 +11.2%
    2022$41,443 +40.7%$2,746,400 +47%
    2021$29,453 +12.4%$1,867,900 +15.7%
    2020$26,200 +8.4%$1,614,600 +8.3%
    2019$24,164 $1,490,500 -3.7%
    2018$24,164 -4%$1,548,500 +9.6%
    2017$25,162 +6.7%$1,412,700 -0.5%
    2016$23,584 $1,419,300 +3%
    2015$23,584 $1,378,600 +12.9%
    2014$23,584 +10.3%$1,220,700
    2013$21,375 +9.9%$1,220,700 +7.8%
    2012$19,446 +8.2%$1,132,600 +6.9%
    2011$17,965 -3.5%$1,059,600 -2.2%
    2010$18,614 -6.8%$1,083,000 +2.5%
    2009$19,976 $1,057,000 -15.1%
    2008$19,976 -14.4%$1,244,900 -14%
    2007$23,343 $1,447,100 -16.9%
    2006-- $1,742,200 +46.6%
    2005-- $1,188,500 +4.2%
    2004$20,617 +1.3%$1,140,400 +4.9%
    2003$20,348 +26.3%$1,087,200 +26.7%
    2002$16,111 +38.4%$858,100 +33.5%
    2001$11,639 +15.6%$642,900 +17.1%
    2000$10,068 $549,000
    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: Booker High

    Source: The 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
    $3,931,000
    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
    $3,931,000