171 Mckinley DriveNew Construction Home in Sarasota, FL
Sarasota, FL 34236 · Sarasota County
$5,500,000
$1212/sq ft
Photos of 171 Mckinley Drive
1 / 30Who is building this home?
This home is listed as built by EGB. Builder quality, warranty responsiveness, and willingness to fix punch-list items vary enormously between companies in Tampa Bay.
Compare Tampa Bay builder scorecards →About this home
Lido Key luxury retreat with 9 bedrooms, 11 bathrooms a heated pool, spa & slide. Walk to Lido Beach or bike to St. Armand's Circle. This impressive home offers 9 master bedrooms, each meticulously designed for maximum space, and 9 full baths plus 2 half baths, allowing you to spread out. The home is sold turnkey furnished with luxurious sleeping arrangements of 8 King beds and 2 Twin bunk beds. Multiple balconies and patios further enhance your connection to the tropical surroundings. A modern, open-concept kitchen with top-of-the-line Wolf/Subzero appliances is the epicenter of this home. Comfortable furnishings allow for group gatherings both inside and outside on the pool deck. Situated on a corner lot located on the beautiful Lido Key, where sophistication and coastal opulence seamlessly combine in this residence. Lido Key Beach is a short 0.3-mile stroll from your door, where you can enjoy pristine sparkling sands, ensuring you make the most of the beautiful coastal setting. The stunning rooftop deck provides panoramic views of the picturesque surroundings, offering a serene space to unwind. Whether you're savoring the warm island breeze or soaking up the sun, this space is the perfect place to unwind. This exquisite property offers a wealth of luxury features, creating the ideal escape for those who demand both relaxation and elegance. New owners will be able to inherit future vacation rental reservations, maintain the same property management company and have an instant income producing property.
Home details and costs
- MLS number
- A4634680
- Property type
- Single Family Residence
- Build stage
- Move-In Ready
- Builder
- EGB
- Heated square feet
- 4,538 sq ft
- Total under roof
- 7,767 sq ft
- Stories
- 3+ Story
- Lot size
- 0.20 acres
- Subdivision
- Lido Beach Div B Resub
- HOA fee
- No HOA
- Annual property tax
- $55,763 (current assessment)
- Days on market
- 427 days
Heads up on that tax figure. On new construction, the number in the MLS is often the tax on the bare lot, not the finished home. Expect it to jump once the county reassesses with the house on it. How Florida reassesses new builds
What would this home actually cost per month?
Pre-filled with this listing's price and HOA. Adjust anything to match your situation.
Estimated monthly payment
$41,792
$550,000 down (10%) on a $4,950,000 loan
- Principal and interest
- $31,287
- Property tax (estimated)
- $8,175
- Homeowners insurance
- $267
- PMI (under 20% down)
- $2,063
CDD defaults to zero, and that is often wrong.Many Tampa Bay new-construction communities carry a Community Development District assessment of roughly $1,500 to $3,000 a year on top of HOA, and it is rarely included in a builder's payment estimate. Ask whether this address is in a CDD before you budget.
The tax figure in the MLS looks like a bare-lot assessment. It lists $55,763 a year, while taxing this purchase price works out closer to $98,100. On new construction the county reassesses once the house is finished, so budget from the higher number.
Estimates only. Actual taxes, insurance, and assessments vary by address and change year to year.
Get the real numbers on this homeWhat is negotiable on this home?
This listing shows real leverage signals. Here is what its own numbers say.
On the market 427 daysStrong signal
Past six months on a finished home means the builder has been carrying taxes, insurance, and interest on it the whole time. That cost is real and it is why concessions get easier the longer a home sits.
Finished and standingWorth knowing
A completed home with a Certificate of Occupancy is inventory, not a future sale. Builders treat standing inventory very differently from a lot they have not broken ground on.
Where builders actually give
Rarely on the published base price. It sets the comp for every unsold home behind this one, and protecting it protects their appraisals. The real room is in closing cost credits, interest rate buydowns, and upgrades moved into the base. Asking for the right one in the right order is most of the job.
Assigned schools
- Elementary
- Southside Elementary
- Middle
- Pine View School
- High
- Booker High
School assignments come from the MLS and change. Confirm directly with the district before relying on them.
Virtual tour
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Listed by Own Srq Llc. Listing data provided courtesy of Stellar MLS via Bridge Interactive. Information is deemed reliable but not guaranteed and is provided for consumers' personal, non-commercial use. 171 Mckinley Drive, Sarasota, FL 34236 is presented by Barrett Henry, REMAX Collective. Prices, availability, and incentives change without notice.