David Ramirez
$12,950,000$17,500,0005 bd6.5 ba7,817 sqft$1,657 /sqft$88,133 /mo all-in ↓

139 S WASHINGTON DRIVE, SARASOTA, FL, 34236

Active351 days on marketListed Aug 11, 2025MLS #A4661401

Reduced $4.5MWaterfrontPrivate poolFully furnishedSingle Family ResidenceSAINT ARMANDS DIV JOHN RINGLING ESTATES

About this home

139 S WASHINGTON DRIVE

Like a Picassos’ Mona Lisa, a true masterpiece. THIS home is the GEM of all jewels. It is one of a kind, created with artistry-imagination & craftsmanship that simply cannot be replicated. This is not your typical concrete block home. It has warmth, & timeless character. Every detail reflects the skill of master craftsmen whose work has become increasingly rare. Homes of this quality are no longer built, making this residence as exceptional as it is beautiful. In a world filled with contemporary “concrete boxes” that often lack warmth, personality & charm, this home stands apart. It invites you to slow down, sit back, stay awhile, and savor every moment. It doesn’t just provide shelter—it embraces you with comfort, elegance, & a sense of belonging. Warm, ageless, and unforgettable, this is more than a home. It is a work of art that quietly whispers, “Stay here…create new memories for a lifetime” Timeless Elegance, Effortless Living where HISTORY Meets MODERN LUXURY @ "Casa del Carnevale," an exquisite waterfront estate, situated in the prestigious St. Armands Key, a neighborhood of John Ringling Estates. This home seamlessly blends history with modern luxury, offering views of the Sarasota Waterway & Bay with a historic designation. Casa del Carnevale presents a rare opportunity to own an esteemed historical home. Offered for only the fifth time in its storied history, this exceptional estate combines Old World architectural charm with contemporary opulence. The home underwent an extensive renovation, with meticulous attention to detail and craftsmanship, utilizing top-tier materials & artisanship. Expanded from 4,000 to nearly 10,000 sq. ft. under roof & featuring over 7,800 sq. f.t of air-conditioned space, Casa del Carnevale preserves its original charm while offering a reimagined layout that exceeds modern luxury standards. Set on three sprawling lots, 30,000+ square feet, the estate boasts 171 feet of waterfrontage, a private dock lift, a floating lift for jet skis-kayaks, & breathtaking views of Sarasota Waterway. The lush, meticulously designed tropical landscaping creates a private oasis that feels like you are walking in Selby Gardens on St. Armands. The residence includes five bedrooms and six and a half baths across two spacious levels with an elevator. Multiple terraces provide perfect outdoor retreats & entertaining areas, all complemented by stunning garden water vistas, a central courtyard, & an elegant 65' saltwater pool & spa with arched spraying fountains and iridescent glass tiles. Other luxury features include a three-car garage, elevator, nanny’s quarters, walk-in wine room, billiards room, office, & custom impact-glass arched windows designed to maximize unobstructed views. The chef’s kitchen boasts premium finishes, top-of-the-line appliances, a 5-Star La Cornue range & hood from France, featuring gas or electric ovens (kitchen art). Sub-Zero refrigerators, a Bosch dishwasher, a Miele microwave, a Miele built-in coffee machine, a stand-alone beverage refrigerator, and ice maker. Throughout the home, exposed beams, warm wood tones, natural stone, custom ironwork, Pecky Cypress wood throughout, & curated artwork create an inviting, sophisticated atmosphere, offered furnished. Instant enjoyment to create everlasting memories, Casa del Carnevale is a rare and exquisite blend of history, elegance & modern comfort on one of Sarasota’s most coveted waterfront estates. IS A MUST-SEE IN PERSON TO FULLY APPRECIATE.

Facts & features

The home at a glance

5

Bedrooms

6.5

Bathrooms

7,817

Sqft

0.69 ac

Lot size

3

Garage

1936

Year built

Two

Levels

$1,657

Per sqft

Private poolWaterfrontFireplaceWater viewFurnished

Inside

FlooringQuarry Tile · Reclaimed Wood · Travertine · Hardwood
AppliancesBuilt-In Oven · Dishwasher · Disposal · Dryer · Electric Water Heater · Exhaust Fan · Freezer · Range · Range Hood · Refrigerator · Washer · Water Filtration System · Water Softener
InteriorElevator · High Ceilings · Kitchen/Family Room Combo · Solid Wood Cabinets · Stone Counters · Thermostat · Vaulted Ceiling(s) · Walk-In Closet(s) · Window Treatments
LaundryLaundry Room
CoolingCentral Air · Zoned
HeatingCentral · Zoned
FurnishedFurnished

Outside & construction

RoofTile
ConstructionBlock
FoundationStem Wall
ViewWater
FacesWest
ParkingDriveway · Garage Door Opener · Garage Faces Side · Oversized
ExteriorAwning(s) · Balcony · Hurricane Shutters · Lighting · Outdoor Shower

Community & fees

Taxes (2025)$158,866/yr
PetsCats OK, Dogs OK
CommunitySidewalks

Utilities & systems

UtilitiesCable Connected · Electricity Connected · Natural Gas Connected · Sewer Connected · Sprinkler Meter · Water 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.

$88,133 /mo · 10% down Conventional, 30-yr fixed at 6%

Principal & interest$69,878
PMI (est., until 20% equity)$4,856
Property tax — 2025 actual bill$13,239
Insurance (FL estimate)$160

The assumptions

Loan typeConventionalDown payment10% · $1,295,000Loan30-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% · $1,295,000
Interest rate6.00%
Loan term

Estimated payment

$88,133/mo

Principal & interest$69,878
PMI (est., until 20% equity)$4,856
Property taxes (actual bill)$13,239
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.

$/sqft vs SAINT ARMANDS DIV JOHN RINGLING ESTATES

$1,657 vs $1,091

Days on market

351 vs 58 typical

Where $1,657/sqft sits among the 14 homes for sale in SAINT ARMANDS DIV JOHN RINGLING ESTATES

1
3
5
3
1
1 · this home
$524–725$725–925$925–1126$1126–1327$1327–1528$1528+

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 St. Armands

Map of 139 S WASHINGTON DRIVE inside its neighborhood boundary

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 →

St. Armands — neighborhood snapshot

Population

403

Median age

80

Median income

$97,465

Median home value

$740,700

Avg household

2

Households w/ children

7%

For the school run

Sarasota County School District

ElementarySouthside Elementary School★★★★★
HighBooker High School★★★★★
MiddleBooker Middle School★★★★

School assignments and ratings via edgeAI — always verify with the district.

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)

7 of 14

SAINT ARMANDS DIV JOHN RINGLING ESTATES have cut their price

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

This home is listed 1433% above the SARASOTA 34236 median. See the full Sarasota market guide →

Paper trail

This home's history

CurrentPrice reduced to $12,950,000 $4.5M
Aug 11, 2025Listed at $17,500,000 · 351 days on market since
1936Built · SAINT ARMANDS DIV JOHN RINGLING ESTATES

Reality check

What actually sold near 139 S WASHINGTON DRIVE

Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.

178 N WASHINGTON DRIVESold · Oct ’25

$8,830,000

178 N WASHINGTON DRIVE · same community

4 bd · 4.5 ba · 5,064 sqft · $1,744/sqft · 113 DOM

113 FILLMORE DRIVESold · Dec ’25

$2,825,000

113 FILLMORE DRIVE · same community

4 bd · 4.5 ba · 4,008 sqft · $705/sqft · 227 DOM

121 N BOULEVARD OF PRESIDENTSSold · Sep ’25

$2,500,000

121 N BOULEVARD OF PRESIDENTS · same community

3 bd · 3.5 ba · 3,491 sqft · $716/sqft · 160 DOM

Closed-sale data from the MLS, last 12 months, selected for similarity in size and location. No two homes are identical — ask us for a full comparative analysis.

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 139 S WASHINGTON 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 139 S WASHINGTON 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

139 S WASHINGTON DRIVE FAQs

What would the monthly payment be for 139 S WASHINGTON DRIVE?+

With 10% down on a 30-year Conventional loan at 6%, the all-in payment lands around $88,133/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 139 S WASHINGTON DRIVE?+

The most recent tax bill on record (2025) was $158,866. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.

Are pets allowed at 139 S WASHINGTON DRIVE?+

The listing reports pets: Cats OK, Dogs OK. Communities often layer on breed or weight rules — we'll verify the specifics with the association before you commit.

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

At $12,950,000, this home is listed about 2172% above the Sarasota median of $570,000. The market section on this page shows how the area is trending.

Which schools are assigned to 139 S WASHINGTON DRIVE?+

Southside Elementary School (elementary), Booker High School (high), Booker Middle School (middle) — Sarasota County School District. Always verify school assignments with the district before relying on them.

The brief

Five things that matter here

01Positioned at the premium end

$12,950,000 runs 1433% above the SARASOTA 34236 median — but at 7,817 sqft it's also nearly 5 times the size of the typical Sarasota listing.

02Waterfront living

This home sits directly on the water — the single scarcest feature in Florida inventory and the strongest long-term value anchor.

03Time on market is leverage

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

04Strong assigned schools

Southside Elementary School, Booker High School, Booker Middle School — Southside Elementary School rates 5 of 5. Always verify assignments with the district.

05The price has already moved

Listed at $17,500,000, now $12,950,000 — a $4.5M cut. The full history is in the market section below.

Listing courtesy of COLDWELL BANKER REALTY · Judy Kepecz-Hays. MLS #A4661401.

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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