Video tour
#A4634680, Lisa Warren-Wallace, Listing Office: OWN SRQ LLC
$10,495,000 List price
551 S Washington Dr Sarasota, FL 34236
8 beds
8 full
4,778 sqft
0.2 acres
$2,197 / sqft
House
Property details
About 551 S Washington Dr
Welcome to Sunset Dreams—a spectacular new construction featuring nine bedrooms and nine bathrooms, perfectly positioned on Pansy Bayou Canal across from the historic St Armands Circle on Lido Key, FL. No expense was spared on this turn-key designer-furnished home offering unparalleled craftsmanship and modern design. The spacious layout with over 4,700 SF of indoor living and an additional 2,300 SF of covered outdoor living has been thoughtfully curated with exceptional attention to detail, including custom cabinetry and trim work throughout, designer lighting, hurricane-impact doors and windows, elevator, two laundry rooms, and five garage spaces offering plenty of room for parking and storage. Delight in the tranquility and beauty of your backyard oasis, complete with covered entertaining space and lounge overlooking the resort-style heated pool and spa with gorgeous views of the scenic canal that opens into Sarasota Bay. Take the stairs or elevator to the second floor, where you are greeted by a bright and cheery open-concept living area that perfectly blends elegance with a casual Florida style. The gourmet kitchen is a chef's dream, boasting top-of-the-line appliances, a massive island, custom cabinetry, and scullery, adding extra storage and a prep area. Each of the nine bedrooms is a private retreat with ensuite bathrooms showcasing spa-like finishes. The primary suite on the third level is truly opulent, with a beautifully appointed bathroom featuring a soaking tub, spa shower, large custom walk-in closets, and living room with a private deck overlooking the pool and canal. The focus is on breathtaking views and an abundance of natural light with all levels of the home offering generous decks, providing the perfect vantage point to savor the sights and sounds of beach life. For unparalleled panoramic views, head to the rooftop balcony/patio, where you can admire picturesque sunsets and revel in a 360-degree vista of the surroundings. Imagine your boat in your backyard, poised and ready for you to explore the open waters, or walk out your front door and wander the picturesque streets of St. Armands, lined with boutique shops, delicious restaurants, vibrant art festivals, and cultural events—all just a short stroll from some of the world’s most beautiful beaches. Whether you're seeking a prime investment property or your forever dream beach house, don't miss out on this fantastic opportunity to own a piece of paradise—your search ends here
Highlights
Home typeSingle Family Residence
HeatingCentral
StatusActive
CoolingCentral Air
Size4,778 sqft
Lot size0.2 Acres
Year builtNew Const., 2024
MLS #A4631200
Attached garage5 spaces
WaterfrontCanal
ViewWater
Private poolYes
Virtual tour
Summary
- MLS Number: A4631200
- MLS Name: MFRMLS
- Office Name: MICHAEL SAUNDERS & COMPANY
- Office Phone: (941) 896-9981
- Listing Agent: Dee Munn
Listings courtesy of Stellar MLS as distributed by MLS GRID.
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS.
Copyright 2025 My Florida Regional Multiple Listing Service DBA Stellar MLS. The real estate listing data marked with this icon comes from the IDX program of the Stellar MLS system. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided exclusively for consumers’ personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Properties displayed may be listed or sold by various participants in the MLS.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/5/2025, 12:20:01 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$10,495,000
551 S Washington Dr
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Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Jan 26, 2024 | Home Sold | $7,200,000 |
| Apr 28, 2022 | Home Sold | $2,700,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $1,909,800 | $28,328 |
| 2022 | $1,828,500 | $27,577 |
| 2021 | $417,156 | $27,577 |
| 2020 | $411,396 | $6,154 |
| 2019 | $402,147 | $6,054 |
| 2018 | $394,649 | $5,952 |
| 2017 | $386,532 | $5,880 |
History based on county public records data.
Nearby schools
10
Southside Elementary School
Public District PK-5
2.9 mi
•1901 Webber St
7
Bay Haven School of Basics Plus
Public Magnet KG-5
3.5 mi
•2901 W Tamiami Cir
5
Alta Vista Elementary School
Public District PK-5
3.7 mi
•1050 S Euclid Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $109,328. The most common annual income of people living in Sarasota, FL is between $100k-200k. The majority of families are single, no kids. Typical level of education for residents in this area is post secondary degree.
How much money do the neighbors make?
22%
<35k
22%
35k-100k
40%
100k-200k
16%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
56%
Single, No Kids
0%
Single, with Kids
42%
Married, No Kids
2%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
1%
<11 yrs old
1%
12-17 yrs old
3%
18-34 yrs old
25%
35-64 yrs old
70%
65+ yrs old
What do the neighbors do for fun?
PGA/LPGA
Minor League Baseball Games
Hiking/backpacking
Where do the neighbors shop?
Stein Mart
Chico's
New York & Company
Where do the neighbors go to eat?
Bonefish Grill
Chick-fil-A
Cracker Barrel
What do the neighbors drive?
Lincoln
Cadillac
Kia
What do the neighbors listen to?
Classical
Talk/Personality
Soft Adult Contemporary
All data provided by Home Junction and Claritas
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Frequently asked questions
About 551 S Washington Dr
This home is located at 551 S Washington Dr in Sarasota, FL and zip code 34236 in the Saint Armands neighborhood. This 4,778 square foot home, which was built in 2024, sits on a 0.20 acre lot. Features: 8 bedrooms, 8 bathrooms. It has been listed on Rocket Homes since January 22, 2025 and is currently priced at $10,495,000.
Over 17 listings were sold over their listed price in February 2025 in Sarasota, FL. In the same period over 258 listings were sold below the listed price and 62 listings were sold for the listed price. Between January and February 2025, Sarasota, FL real estate market has seen increase in the number of listings by 10.1%. In February 2025, listings were on the market for 72 days. During the same period, the median list price in this real estate market was $510,555.
From Rocket Homes Real Estate and based on county public records data.