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One or more photo(s) has been virtually staged. Experience refined coastal luxury in this exceptional custom estate by Arthur Rutenberg, offering 3, 574 square feet of impeccably designed living space defined by architectural detail and elevated craftsmanship. A grand arrival begins at the oversized iron-and-glass front door, framed by nine stately white columns along the expansive porch and porte-cochère—an unforgettable statement of symmetry and scale. Inside, exquisite details abound, including cracked-stone ceiling accents, soaring wide-profile entryways, and a thoughtfully curated floor plan that balances elegance with functionality. The $40, 000 chef’s kitchen is truly a triumph of stone and steel, and flows effortlessly into an expansive living suite designed for large-scale entertaining renovation is a true showpiece, featuring an oversized statement island, dual stainless steel ovens, and premium Moen and InSinkErator fixtures, flowing seamlessly into an expansive living area ideal for refined entertaining. The Executive Tower Suite redefines work-from-home living with dual-level design, integrated wet bar, dual wine refrigeration, panoramic canal views, two walk-in closets, and a private bath—making this space less a room and more a destination. Positioned 10 feet above flood level, the home boasts a flawless no-flood history, offering rare peace of mind for a waterfront estate. Superior systems include dual HVAC units (2018), EV charging outlet, reverse osmosis water filtration with exterior salt softener, continuous hot water system, overhead garage storage, and professionally maintained lawn and termite protection. The home is equipped with a fully integrated whole-house generator by Generac, providing seamless backup power and peace of mind year-round. Outdoors, an artistically curved saltwater pool with heated spa creates a private resort-style retreat. 508 Mast Drive is not simply a home—it is a confident waterfront statement blending executive functionality, architectural distinction, and refined coastal living. Perfectly located near world-class Gulf beaches, UTC shopping and dining, and Sarasota-Bradenton International Airport, this is a rare opportunity to own a luxury waterfront estate of this caliber. Private showings by appointment.
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,500,000
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 | $1,200,000 | $1,200,000 | $1,200,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.875% | 6.250% | 6.000% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.289% | 6.361% | 6.203% |
| Monthly Tax Payment | $1,037 | $1,037 | $1,037 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $7,098 | $7,389 | $10,126 |
| Total Monthly Payment | $8,260 | $8,551 | $11,288 |
* 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.