617 N OWL DRIVE, Sarasota, FL, 34236 | $5,150,000

Remarkable, elevated waterfront residence ideally positioned in the prestigious Bird Key neighborhood. Custom built in 2005 by renowned builder Steve Murray of Murray Homes, it reflects exceptional craftsmanship, structural integrity, and enduring quality. Purposefully designed to maximize its setting on the wider Dolphin waterway, just a few homes from open Sarasota Bay, the property offers both protected dockage and quick bay access. With undeniable presence, the home stands tall and commanding, defined by strong architectural lines. A long, paved driveway, framed by six striking Royal Palms, enhances the sense of scale on arrival. Inside, soaring 23-foot ceilings immediately reveal the home’s true volume. The thoughtfully designed floor plan allows the residence to live grandly while still offering intimate spaces for everyday comfort. The chef’s kitchen, with breakfast bar and center island, flows seamlessly into the family room and informal dining area. A formal living room with decorative natural stone fireplace opens through French doors to the water facing terrace, while the formal dining room balances its dramatic ceiling height with an inviting and intimate ambiance. The first-floor primary suite offers terrace access, an en-suite bath, large walk-in closet, coffee bar, and beverage refrigerator. A solid wooden staircase leads upstairs to a second primary suite featuring dual walk-in closets, en-suite bath, coffee bar, beverage refrigerator, and a private water-facing terrace perfect for sunrise views over the canal and bay. An additional en-suite guest bedroom is privately situated upstairs. A fourth bedroom, currently used as an office with built-ins and a Murphy bed, opens through French doors to a waterfront terrace. Outdoor living is equally impressive in both scale and design with a fully equipped outdoor kitchen, generous covered seating areas, fire pit, and a 30-foot pool with spillover spa and programmable lighting. The dock features 20, 000 lb. and 5, 000 lb. boat lifts with direct access to Sarasota Bay via the wide Dolphin waterway. The property includes two full two-car garages with direct interior access. With the added benefit of a new in 2025 roof, this residence is built strong, elevated, and designed to impress, combining commanding architecture with a prime boating location. Living on Bird Key places you minutes from downtown Sarasota, St. Armands Circle, Lido Beach, and the soon-to-reopen Bird Key Yacht Club, anticipated in 2026 as one of Sarasota’s premier destinations for boating, tennis, dining, and social life.

Features

  • Rooms: 9
  • Bedrooms: 4
  • Baths: 3 full / 1 half
  • Lot Size: 150 x 100
  • Laundry: Laundry Room
  • Year Built: 2005
  • Garage: 4-car Driveway, Garage Door Opener, Garage Faces Side
  • Heating: Central
  • Cooling: Central Air
  • Approx Sq. Feet: 4,382
  • Acreage: 0.34
  • Lot Size: 150 x 100
  • Est. Taxes: $21,897
  • HOA Fee: $1,315 Annually
  • Lot Desc: FloodZone
  • View: Water
  • Elem. School: Southside Elementary
  • Middle School: Pine View School
  • High School: Pine View School
  • Pool: In Ground
  • Pet Policy: Yes
  • Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Refrigerator, Washer, Wine Refrigerator
  • MLS#: A4684085
  • Days on Market: 31 days
  • Website: https://www.raveis.com
    /eprop/A4684085/617nowldrive_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 4/6/2026 5:04:55 AM)
Listing courtesy of Coldwell Banker Realty   Phone: 941-383-6411

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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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617 N OWL DRIVE, Sarasota, FL, 34236

$5,150,000

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 $4,120,000 $4,120,000 $4,120,000
Term 360 months 360 months 180 months
Initial Interest Rate** 5.750% 6.125% 6.000%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.263% 6.259% 6.223%
Monthly Tax Payment $1,825 $1,825 $1,825
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $24,043 $25,034 $34,767
Total Monthly Payment $25,993 $26,984 $36,717

* 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.