David Ramirez
$4,250,000$4,850,0006 bd5.5 ba3,470 sqft$1,225 /sqft$28,008 /mo all-in ↓

340 JACKSON DRIVE, SARASOTA, FL, 34236

Active420 days on marketListed May 29, 2025MLS #A4653979

Reduced $600KPrivate poolSingle Family ResidenceSAINT ARMANDS DIV JOHN RINGLING ESTATES

About this home

340 JACKSON DRIVE

STUNNING ESTATE ON LIDO KEY!!! WELCOME TO YOUR COASTAL DREAM HOME!!! This 6 bedroom 5 1/2 bath property is TURNKEY FURNISHED, has an ELEVATOR to all levels, and boasts vaulted ceilings. The owner spared no expense when building this home. High end designer finishes and attention to detail are evident throughout. The master bedroom is a tranquil oasis and offers a private balcony providing breathtaking views. You will also find a large walk in closet and an oversized bathroom featuring double vanities, free standing bath tub, and a walk in shower. The additional four bedrooms are all en-suite and are laid out perfectly. The chef's kitchen has high end wood cabinets, quartz countertops, stainless steel appliances and a large center island. The great room floor plan is expansive and features high ceilings with wood beams. Step into your outdoor oasis with a private heated pool with a sun shelf, perfect for both kids and adults to soak up the Florida sun. A covered spa ensures year-round enjoyment. The expansive covered patio extends nearly the entire space beneath the home, ample bar-top seating, dining, TVs, and gaming areas, including a pool table and foosball. Convenience is key as you're just a short stroll to Lido Key Beach and or to St. Armand's Circle with wonderful shops and restaurants. With a 2-car garage and space for up to four cars in the driveway, you have ample parking options. This is the ultimate vacation home for you and your family. Currently a successful vacation rental with forward bookings in place.

Facts & features

The home at a glance

6

Bedrooms

5.5

Bathrooms

3,470

Sqft

0.26 ac

Lot size

2

Garage

2019

Year built

Two

Levels

$1,225

Per sqft

Private poolTurnkey

Inside

FlooringEngineered Hardwood
AppliancesBuilt-In Oven · Cooktop · Dishwasher · Disposal · Dryer · Electric Water Heater · Ice Maker
InteriorElevator · High Ceilings · Walk-In Closet(s) · Window Treatments
LaundryInside · Laundry Room
CoolingCentral Air
HeatingCentral
FurnishedTurnkey

Outside & construction

RoofOther
ConstructionBlock · Wood Frame
FoundationSlab
FacesSouth
ExteriorBalcony · Outdoor Grill

Community & fees

Taxes (2024)$39,852/yr

Utilities & systems

UtilitiesCable Connected · Electricity Connected
WaterPublic

The numbers

What it really costs

Built from this home's actual numbers — the most recent property-tax bill on record — not generic estimates.

$28,008 /mo · 10% down Conventional, 30-yr fixed at 6%

Principal & interest$22,933
PMI (est., until 20% equity)$1,594
Property tax — 2024 actual bill$3,321
Insurance (FL estimate)$160

The assumptions

Loan typeConventionalDown payment10% · $425,000Loan30-yr fixed at 6%Mortgage insuranceIncludedTaxesActual bill on recordInsuranceFlorida estimate

Above the FHA loan limit for our service areas, so Conventional is the default. VA buyers: switch below — $0 down.

These numbers assume a generic buyer — your credit, down payment and loan program change them. Get the real quote in minutes:

Andrew Acosta

Andrew Acosta

Acosta Home Loans with PRMG · NMLS #1468866

Run your own numbers

Loan type

FHA isn’t available at this price — the loan would exceed the $541,287 FHA limit for our service areas.

Down payment10% · $425,000
Interest rate6.00%
Loan term

Estimated payment

$28,008/mo

Principal & interest$22,933
PMI (est., until 20% equity)$1,594
Property taxes (actual bill)$3,321
Est. insurance$160

Includes estimated PMI — it drops off once you reach 20% equity. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.

Value check

Is the price right?

The internet’s favorite home-value number comes from a single automated model that has never seen the street, the finishes, or the view — which is why it routinely misses by tens of thousands of dollars. The edgeAI estimate combines multiple independent data sources with our team’s on-the-ground expertise in this exact market.

List $4.3M
$2.0MedgeAI estimate $2,113,123 · range $2.1M$2.1M$4.4M

vs edgeAI estimate

+101.1%

Days on market

420 vs 58 typical

The edgeAI estimate is a starting point, not an appraisal or a broker price opinion. It is generated from public records, listing data and market modeling, and is subject to change once a licensed real estate professional personally inspects the property. Condition, floor, view and lot are not fully captured by any model — ask us for a full comparative market analysis.

Where it sits

Inside Sarasota

Map of 340 JACKSON DRIVE

Drive times from this address

Downtown Tampa71 min

Estimated driving times, typical traffic. Data © OpenStreetMap contributors.

Get to know Sarasota. See the full Sarasota guide →

SARASOTA 34236 — neighborhood snapshot

Population

13,916

Median age

66.6

Median income

$96,400

Median home value

$917,100

Avg household

1.63

Households w/ children

460

The numbers that matter

The Sarasota market

Seller’s marketBalanced6.0 months of inventoryBuyer’s market

$470K$470K

Sarasota median sold, yr/yr

95.1%

Sale-to-list ratio (12 mo)

Median sold price, Sarasota, trailing 36 months (3-month rolling) · live MLS data.

This home is listed 386% above the SARASOTA 34236 median. See the full Sarasota market guide →

Paper trail

This home's history

CurrentPrice reduced to $4,250,000 $600K
May 29, 2025Listed at $4,850,000 · 420 days on market since
2019Built · SAINT ARMANDS DIV JOHN RINGLING ESTATES

Your home team

The pros in your corner

Buying a home is two conversations — the home and the money. Here’s who handles each, side by side, already working together.

David Ramirez

Your agent

David Ramirez

Real Estate Agent · CENTURY 21 Edge

Tours, negotiation, and every question about 340 JACKSON DRIVE — start here.

Andrew Acosta

Your lender

Andrew Acosta

Acosta Home Loans with PRMG · NMLS #1468866

Pre-approval, rates, and the real monthly number for 340 JACKSON DRIVE — before you fall in love.

See it in person

Schedule a tour

Pick a day that works — this goes straight to David's phone and CRM.

Goes straight to David’s phone and CRM.

Straight answers

340 JACKSON DRIVE FAQs

What would the monthly payment be for 340 JACKSON DRIVE?+

With 10% down on a 30-year Conventional loan at 6%, the all-in payment lands around $28,008/mo — principal and interest, the actual property-tax bill and typical Florida insurance. The payment calculator on this page lets you switch loan type (FHA, Conventional, VA) and adjust the down payment, rate and term.

What are the property taxes on 340 JACKSON DRIVE?+

The most recent tax bill on record (2024) was $39,852. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.

How does the price compare to other homes in Sarasota?+

At $4,250,000, this home is listed about 646% above the Sarasota median of $570,000. The market section on this page shows how the area is trending.

The brief

Four things that matter here

01Positioned at the premium end

$4,250,000 runs 386% above the SARASOTA 34236 median — but at 3,470 sqft it's also nearly twice the size of the typical Sarasota listing.

02Your own pool

A private pool — the feature Florida buyers ask for first, already in the ground and included in the price.

03Time on market is leverage

420 days on market against a Sarasota median of 58 — sellers in this position are usually ready to negotiate.

04The price has already moved

Listed at $4,850,000, now $4,250,000 — a $600K cut. The full history is in the market section below.

Listing courtesy of RE/MAX ALLIANCE GROUP · Christy Travis. MLS #A4653979.

IDX information is provided exclusively 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. Data is deemed reliable but is not guaranteed accurate by Stellar MLS.

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