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Perfectly situated in Sarasota’s vibrant Downtown just minutes from restaurants and boutiques within the coveted Gillespie Park neighborhood, this beautiufully renovated 2, 938 sf, 4-bedroom, two-story Key West–inspired residence blends timeless architectural charm with modern sophistication. A magnificent oak tree graces the front yard, framing the home’s welcoming façade, while a historic brick driveway—crafted from original Sarasota street bricks—sets the stage for the artistry and attention to detail found throughout. Remodeled and expanded in 2017, the interior showcases solid wood floors, designer lighting, and refined finishes which create a warm yet elegant ambiance. The gourmet kitchen impresses with custom cabinetry with soft-close drawers, quartz countertops, and top-tier appliances including a professional Forno gas range. Open-concept living and dining spaces are enhanced by an electric fireplace and abundant natural light streaming through windows and doors, many of which are impact-rated. Upstairs, rich hardwood flooring continues through the private quarters, including the serene primary suite featuring a custom-built walk-in closet and a spa-inspired bath adorned with porcelain tile, designer fixtures, and a soothing neutral palette. The flexible floor plan offers versatility for today’s lifestyles: a downstairs bonus area—currently used as a Pilates studio with private entry—is zoned for business or rental use and could easily serve as a large luxurious primary suite, family room, media room, or fitness space. A beautifully designed 600 sf apartment provides fully independent or multi-generational living with its own contemporary kitchen, induction cooktop, full-size washer and dryer, and private balcony. Perfect for hosting guests, mother-in-law suite, extended family, or generating income, this versatile space has a separate entrance, parking spot and its own address, and qualifies for one-week minimum rentals. Additional highlights include a temperature-controlled wine room, an oversized laundry area, three zoned AC, and a security system. Outside, a lush courtyard with screened lanai and heated pool creates a tranquil retreat for relaxing or entertaining amid tropical landscaping. Set on a spacious, fenced corner lot, the property offers abundant privacy along with an expanded 2½-car garage featuring an impact-rated door and generous storage. Residents of Gillespie Park enjoy one of downtown Sarasota’s most walkable locations—just moments from Main Street and the new Bayfront Park where you can catch sunset, take in water views while enjoying a concert, yoga or lounging with your feet in the sand. Enjoy nearby fine dining, boutique shopping, arts and cultural venues, and easy access to SRQ International airport. The neighborhood’s namesake park offers tennis and pickleball courts, dog areas, and a lively community spirit that captures the essence of urban Sarasota living. Blending the character of Sarasota’s historic past with the ease of modern luxury, this exceptional residence delivers rare flexibility, craftsmanship, and an enviable location in the heart of it all.
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,725,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
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|---|---|---|---|
| Loan Amount | $1,380,000 | $1,380,000 | $1,380,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.500% | 5.875% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.154% | 6.031% | 5.991% |
| Monthly Tax Payment | $478 | $478 | $478 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $7,835 | $8,163 | $11,460 |
| Total Monthly Payment | $8,438 | $8,766 | $12,063 |
* 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.