614 Owl WAY, Sarasota, FL, 34236 | $2,545,000

Nestled amidst the tranquil charm of the esteemed Bird Key community, this residence epitomizes the essence of coastal living, seamlessly intertwining outdoor allure with luxurious interiors. Upon entry, the grandeur of the expansive great room captivates with soaring ceilings, intricate crown molding, and a spectacular wall of glass doors that open onto the incredible outdoor space. The professional-grade kitchen embodies luxury with its high ceilings, an oversized island featuring granite countertops, a prep sink, butcher block, and a striking stone accent wall and is equipped with top-tier stainless steel appliances, including a Sub-Zero refrigerator, Wolf range, and beverage cooler. Abundant neutral-toned wood cabinetry and the bar-height seating for six create the perfect setting for entertaining and flows into the adjacent dining area, enhanced by French doors for indoor-outdoor living at its finest. The expansive primary suite boasts abundant natural light through the glass-paned door and strategically placed windows, preserving utmost privacy amidst the soaring ceilings. The spa-like primary bathroom is complete with a vanity boasting dual sinks and seating, a luxurious soaking/jacuzzi tub and an opulent walk-in spa and steam shower. A spacious closet offers ample built-in storage and hanging space. Step outside to a coastal sanctuary that defines relaxation and entertainment. The patio and pool deck offers an inviting outdoor kitchen, a built-in grill complemented by granite countertops, and a fully operational wood-burning pizza oven. Encircled by Florida-friendly landscaping, the private, serene garden is an oasis with local foliage featuring mature avocado, mango, and olive trees, adding to the coastal ambiance. Other features of this remarkable home include four guest bedrooms, one with glass-paned French doors for private access to the patio, two full guest bathrooms, an office, one half-bath, and a circular drive that leads to a two-car garage with epoxy flooring, purpose-designed cabinets, and dedicated storage for outdoor essentials. Although originally constructed in 1970, a significant update was done in 2000, and more recent upgrades include two newer AC units and two newer water heaters. Embrace the epitome of coastal outdoor living, where sophistication effortlessly dances with leisure at every turn. Please note that select fixtures and decorative items are excluded from the sale. Seize this unparalleled opportunity to claim your slice of coastal paradise at 614 Owl Way!

Features

  • Rooms: 10
  • Bedrooms: 5
  • Baths: 3 full / 1 half
  • Laundry: Inside, Laundry Room
  • Style: Mediterranean
  • Year Built: 1970
  • Garage: 2-car Circular Driveway, Driveway, Garage Door Opener, Ground Level, Oversized
  • Heating: Central, Electric
  • Cooling: Central Air
  • Approx Sq. Feet: 3,366
  • Acreage: 0.31
  • Est. Taxes: $12,837
  • HOA Fee: $963 Annually
  • Lot Desc: FloodZone, Landscaped, Near Marina, Private
  • View: Garden, Pool
  • Elem. School: Southside Elementary
  • Middle School: Booker Middle
  • High School: Sarasota High
  • Pool: Heated, In Ground, Lighting
  • Pet Policy: Yes
  • Appliances: Cooktop, Dishwasher, Dryer, Electric Water Heater, Exhaust Fan, Microwave, Range Hood, Refrigerator, Washer, Wine Refrigerator
  • MLS#: A4591656
  • Days on Market: 86 days
  • Website: https://www.raveis.com
    /eprop/A4591656/614owlway_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 5/13/2024 7:17:23 PM)
Listing courtesy of PREMIER SOTHEBYS INTL REALTY   Phone: 941-364-4000

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Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

Our Executive Mortgage Banker:

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614 Owl WAY, Sarasota, FL, 34236

$2,545,000

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 $2,036,000 $2,036,000 $2,036,000
Term 360 months 360 months 180 months
Initial Interest Rate** 7.250% 6.875% 6.875%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.877% 6.977% 7.041%
Monthly Tax Payment $1,070 $1,070 $1,070
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $13,889 $13,375 $18,158
Total Monthly Payment $15,084 $14,570 $19,353

* 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.  The Total Monthly Payment does not include the estimated HOA/Common Charge payment.