1331 Quail DRIVE, Sarasota, FL, 34231 | $2,375,000

**BRAND NEW ROOF AND TWO NEW HVAC SYSTEMS AS OF APRIL '24. ** Architecturally distinguished oasis in Oyster Bay. This modern masterpiece of the Sarasota School of Architecture spans more than 2, 400 square feet of interior living space on a massive nearly half-acre lot in a location coveted for its serenity and proximity to all of Sarasota’s lifestyle amenities. Built in 2006, Villa Coquina was designed by Jack Jetton, who worked alongside Paul Rudolph for decades and was involved in the famed Riverview and Sarasota High School projects. Villa Coquina is distinguished as one of the last private residences built by an original member of the Sarasota School.
Ample living space provides for exceptional comfort indoors and out, enhancing the luxurious tropical lifestyle. The home’s open floor plan is complemented by 12’ ceilings and walls of glass that showcase chic modern style and the lush landscape of the oversized lot. Two master suites with large ensuite bathrooms are ideal for both owners’ and guests’ comfort, with an additional bedroom and guest bath adding space for families or hospitality. In addition to the private decks extending from each ensuite bedroom, outdoor living space includes the spacious pool deck and a fully screened lanai with dining and lounge seating. The expansive, sun-filled, and open floor plan kitchen consists of all brand new top of the line appliances, such as Bertazonni gas range, Italian travertine countertops, an oversized island for entertaining, and dedication to quality with custom Reform cabinetry.
This modern construction home is built with compliant elevation and flood design in mind. A complete gut renovation, just completed in 2023, by noted local architect Daniel Lear added to the home’s function and luxury features, with an additional bedroom and ensuite bathroom, Water Works plumbing fixtures, European cabinetry in the kitchen and owners’ bath, polished seashell aggregate floors, designer lighting fixtures, and new pool heater and equipment. An outdoor pool shower, oversized two-car garage with separate entrance, and premium security system add to the amenities.
This rare combination of midcentury provenance and brand-new construction quality is an exceptional opportunity for resort style living within steps of the water. Shaded by majestic live oaks on a secluded cul-de-sac in the envied Oyster Bay enclave, Villa Coquina is perfectly situated for both utmost privacy and immediate access to Sarasota’s finest amenities, including the world famous beaches of Siesta Key, the historic Field Club, and innumerable dining and cultural options Downtown.

Features

  • Rooms: 3
  • Bedrooms: 3
  • Baths: 3 full
  • Laundry: Laundry Closet
  • Year Built: 2006
  • Garage: 2-car
  • Heating: Central, Zoned
  • Cooling: Central Air, Zoned
  • Approx Sq. Feet: 2,437
  • Acreage: 0.4
  • Est. Taxes: $16,433
  • View: Trees/Woods
  • Elem. School: Phillippi Shores Elementary
  • Middle School: Brookside Middle
  • High School: Riverview High
  • Pool: Heated, In Ground, Salt Water
  • Appliances: Dishwasher, Disposal, Microwave, Range, Refrigerator, Tankless Water Heater, Washer
  • MLS#: A4588224
  • Days on Market: 183 days
  • Website: https://www.raveis.com
    /eprop/A4588224/1331quaildrive_sarasota_fl?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of MFRMLS (My Florida Regional MLS DBA Stellar MLS). The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. (last updated 5/15/2024 7:32:09 PM)
Listing courtesy of DOUGLAS ELLIMAN   Phone: 941-867-6199

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NMLS Mortgage Loan Originator ID 16953

917.838.7300

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1331 Quail DRIVE, Sarasota, FL, 34231

$2,375,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

RVP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 917.838.7300

Melissa.Cohn@raveis.com

NMLS Mortgage Loan Originator ID 16953

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $1,900,000 $1,900,000 $1,900,000
Term 360 months 360 months 180 months
Initial Interest Rate** 7.125% 6.750% 6.750%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.838% 6.851% 6.915%
Monthly Tax Payment $1,369 $1,369 $1,369
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $12,801 $12,323 $16,813
Total Monthly Payment $14,295 $13,817 $18,307

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.