SALE IS AMONG SARASOTA COUNTY’S LARGEST TO DATE IN 2015

A beachfront estate in Siesta Key’s Sanderling Club sold recently for $6.25 Million. In doing so, it became one of Southwest Florida’s highest priced sales to date in 2015.

The property, located at 8306 Sanderling Road, was listed for $7.45 Million by Stephanie Church, an agent with the St. Armands office of Michael Saunders & Company; and sold by Linda Weber of Coldwell Banker.

The Sanderling sale transpired only a day after Ms. Church brought the buyer to the sale of Residence #1101 at The Beach Residences at the Ritz-Carlton, located at 1300 Benjamin Franklin Drive, on Lido Key. That transaction, which closed at $953 per square foot—the highest since 2005—also represented the highest year-to-date sale of a condominium in Sarasota, Manatee and Charlotte Counties. It closed for $4 million after having been listed for $4.395 by Cheryl Loeffler of Premier Sotheby’s.

In all, Ms. Church closed on $10.25 million in sales volume over the two-day period.

ABOUT 8306 SANDERLING ROAD:

8306 Sanderling Road is positioned on nearly two acres with 201-feet of beach frontage along the Gulf of Mexico. The property also borders Heron Lagoon to the east.

Built in 1964, the coastal compound is composed of a main residence, beachfront cottage and guest house—and includes a total of seven bedrooms. Additionally, the property enjoys its own private tennis court and boat dock. The historic Sanderling Club, where members enjoy a full calendar of social activities—as well as deeded beach access, private cabanas, a 15-slip bayside marina and three tennis courts—is nearby.

ABOUT 1300 BENJAMIN FRANKLIN DRIVE, #1101:

Built in 2005, The Beach Residences combines incredible vistas of the Gulf of Mexico with the unparalleled services and amenities of The Ritz-Carlton.
Residence #1101 offers nearly 4,200 square feet of interior living space and another 900 square feet of terrace space. The formal living spaces and two spacious guest suites give way to mesmerizing views of downtown Sarasota, Bird Key and the John Ringling Causeway; while the generously proportioned family room and master suite command a sweeping view of the Gulf of Mexico. Two wrap-around terraces expand the space for the best in year round outdoor living.