119 Mckinley DRIVE, Sarasota, FL, 34236 | $7,500,000

Welcome to your dream coastal retreat! This stunning home offers unparalleled luxury with 10 bedrooms, each boasting an ensuite and walk-in showers, along with unique accent walls that add character to every room.

As you enter, you'll appreciate the turnkey furnished elegance of this home. The the second and upper level features two half baths for convenience, while an elevator awaits to whisk you to the second level. Here, an open floor plan awaits, perfect for entertaining. The kitchen is a chef's delight with quartz countertops, a panel-ready refrigerator, brand new appliances, and a walk-in pantry. The adjacent dining room leads to a spacious balcony overlooking the inviting pool deck, ideal for outdoor gatherings.

Venture to the upper level, where a bonus room with a wet bar and additional island seating beckons. Step outside to the balcony with a spiral staircase leading to the rooftop terrace, offering breathtaking beach views and the perfect spot to unwind or entertain guests.

The master bedroom is a sanctuary with a contemporary tropical design, while the master bath boasts a double vanity, walk-in shower, and a luxurious stand-alone tub for relaxation.

Located just 5 minutes away from Lido Key kayak launch, the beach, and the renowned St. Armands Circle, and a mere 10 minutes from downtown Sarasota, this home epitomizes luxury coastal living. Don't miss out on the opportunity to own your piece of paradise!

Features

  • Elevator: Y
  • Rooms: 10
  • Bedrooms: 10
  • Baths: 10 full / 2 half
  • Laundry: Inside, Laundry Closet, Upper Level
  • Style: Contemporary
  • Year Built: 2023
  • Garage: 4-car
  • Heating: Central
  • Cooling: Central Air
  • Approx Sq. Feet: 4,443
  • Acreage: 0.2
  • Est. Taxes: $19,038
  • View: Water
  • Elem. School: Fruitville Elementary
  • Middle School: Booker Middle
  • High School: Sarasota High
  • Pool: Fiber Optic Lighting, Heated, In Ground, Lighting
  • Appliances: Bar Fridge, Convection Oven, Cooktop, Dishwasher, Disposal, Dryer, Freezer, Ice Maker, Microwave, Range Hood, Washer, Wine Refrigerator
  • MLS#: A4602803
  • Days on Market: 1 day
  • Website: https://www.raveis.com
    /eprop/A4602803/119mckinleydrive_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 5/14/2024 5:47:09 PM)
Listing courtesy of RE/MAX ALLIANCE GROUP   Phone: 941-349-5200

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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

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119 Mckinley DRIVE, Sarasota, FL, 34236

$7,500,000

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 $6,000,000 $6,000,000 $6,000,000
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% 7.014% 7.041%
Monthly Tax Payment $1,587 $1,587 $1,587
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $40,931 $39,416 $53,511
Total Monthly Payment $42,642 $41,127 $55,222

* 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.