$4.25 Million - Highest Sale On St. Armand’s Key Since 2007

Posted by Tom Heatherman — April 2, 2013

1364926782Sarasota, FL — A waterfront estate on St. Armands Key sold today for $4.25 million, becoming the highest priced sale of a single family home on St. Armands Key since 2007.

The 6,123 square foot home—which commands 141 linear feet of panoramic frontage on Sarasota Bay—was placed under contract after only 81 days on the market. It was sold to buyers represented by Kathleen Callender, of Michael Saunders & Company.

“Buyers of significant means are actively pursuing the most luxurious, one-of-a-kind properties our market has to offer,” said Michael Saunders from her office in downtown Sarasota. “And this property has it all—a prime location only minutes from the beaches, St. Armands Circle and downtown Sarasota, magnificent city and bay views, deep boating water; and an impeccable pedigree. I congratulate Kathleen for facilitating the purchase of this extraordinary property on behalf of her buyers.”

The home’s pedigree includes its singular design—by noted Sarasota architect Clifford Scholtz—as well as its construction in 2001 by the late master builder Michael Collingwood. The two men’s portfolio of award-winning homes includes some of the finest and most sought-after properties in Sarasota.

Surrounded by ivy-covered walls and a double-gated entry, the estate property features five en-suite bedrooms, gourmet kitchen, den, work-out room, bayside pool and spa; and a three-car garage. Terraces adorn both the upper and lower levels to allow for maximum privacy while enjoying serene sunrise and dramatic night views of the Sarasota skyline. A rich palette of custom finishes—including marble and wood floors—is used generously throughout the home; and the elegantly-appointed property is framed on all sides by mature, well-manicured tropical landscaping.

Reid Murphy, of Developers Realty, Inc., represented the seller of the property located at 112 North Washington Drive, on St. Armands Key.

Kathleen Callender is affiliated with the St. Armands Circle office of Michael Saunders & Company, located at 61 South Boulevard of the Presidents. She may be reached by calling 941- 321-3115; or by email at kathleencallender@michaelsaunders.com.

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About Michael Saunders & Company

Now in its fourth decade of service to Southwest Florida, Michael Saunders & Company has grown from a single small office into a network of 24 full-service offices—with more than 550 professionally trained associates and 120 staff members spanning the Gulf Coast region from Bradenton to Boca Grande.

Powerful international brokerage affiliations—including Christie’s International Real Estate, Leading Real Estate Companies of the World, Luxury Portfolio International and Mayfair International Realty extend the company’s message to qualified buyers globally, ensuring the broadest possible exposure for our sellers’ properties.

Clients and customers of Michael Saunders & Company are afforded the most complete range of real estate services in Southwest Florida. These include mortgage, title and relocation services, a new homes & condominium division commercial real estate division and full service rental and property management capabilities.

With sales that topped more than $2 billion in 2012, Michael Saunders & Company is the largest-selling brokerage in all price ranges throughout Southwest Florida; and is ranked 59th largest in dollar volume according to the latest Real Trends 500 Survey of the 500 largest brokerages in the U.S. Locally owned and independently operated, it is also listed among the 35 most influential Realtors in luxury real estate.

For more information about Michael Saunders & Company, please call 1-888-552-5228 or visit us on the web at MichaelSaunders.com.

 

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