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Pending
  • Price cut: $305K (3/12)
    $3,995,000

    367 W Royal Flamingo Dr, Sarasota, FL 34236

    4beds
    5,257sqft
    : 
    Single Family Residence
    Built in 1967
    0.34 Acres Lot
    $-- Zestimate®
    $760/sqft
    $89/mo HOA

    What's special

    Sailboat water frontageModern elegancePrivate balconySoapstone waterfall islandTwo new docksDeepest and widest canalUnmatched privacy and serenity
    Under contract-accepting backup offers. LOWEST PRICE PER SQ FT FOR WATERFRONT PROPERTY ON BIRD KEY! A magnificent sanctuary, perfectly positioned on the coveted West end of Dolphin Waterway, this home provides unmatched privacy and serenity, framed by 100 feet of SAILBOAT WATER FRONTAGE on Bird Key's DEEPEST AND WIDEST CANAL. BRAND NEW FLAT TILE ROOF was completed August 2025. Home was completely unscathed during the storms. Newly renovated 5,257 square feet of luxury, this architectural marvel features four bedrooms with two primary suites, one on the main and one on the second level, a yoga/media room, and four full baths. Upon entering, you'll be welcomed by an atmosphere of modern elegance with soaring ceilings and stunning 2' x 4' porcelain tile flooring. As you climb the luxurious custom modern floating metal staircase, uncover an awe-inspiring second primary suite and enter an expansive 33' x 23' retreat. This versatile space includes a full bath; two walk-in closets; sitting area, and access to a private balcony overlooking the sun-drenched pool area, Dolphin Waterway, palm trees, and occasional pelican sighting perched on one of your TWO NEW DOCKS, one with a 20,000lb lift and one personal watercraft 4500lb lift with space for two jet skis or kayaks. The grand entrance effortlessly flows into the open dining and living rooms. An expansive redesigned contemporary kitchen is at the heart of the home, a chef's dream outfitted with stainless steel Wolf Pro Series appliances, including a dual-fed six-burner natural gas stove with an electric oven, vent, and a sleek drawer microwave. A Sub-Zero Designer Series refrigerator/freezer, Sub Zero dual-controlled refrigerators, and a Cove dishwasher famous for its whisper-quiet operation enhance your culinary experience. The soapstone waterfall island with seating for eight is highlighted by a luxurious Brazilian Marble backsplash, and solid wood Campbell cabinetry adds a touch of timeless elegance. A custom-designed kitchen pantry room and storage or prep area perfect for private parties provide all the extra space needed to keep your kitchen organized, efficient, and clutter-free. The open kitchen and family rooms make this the perfect space for entertaining guests and watching your favorite movie or sporting event. Highlighted by a warm tile accent wall and crown molding, you can enjoy the sweeping waterfront views and stunning skies from this inviting space. Retreat to the private main floor suite through double doors into a water-view sanctuary with a primary bath featuring beautiful porcelain wood texture tile, contemporary lighting, soapstone counters, dual sinks, and a spacious glass-enclosed shower. A custom-built walk-in closet further enhances this suite. Two additional bedrooms and two resort-style baths are situated on the opposite side of this split plan. An additional flex space on the second level is perfect for a theater room, yoga room, or office. Situated on a secluded cul-de-sac with two side-load garages and space for four cars. This exquisite, gated residence offers immediate access to the pristine waters of Sarasota Bay and the Gulf. Perfectly situated near St. Armands Circle, Bird Key Yacht Club, and vibrant downtown Sarasota, you will enjoy coastal living and the Bird Key lifestyle all year round. Paradise is found in this exceptional Sarasota sanctuary. Make this coastal haven your new home!
    255 days
    |
    1,714
    |
    47
    |

    Zillow last checked:

    Listing updated:

    Listing Provided by:

    Shari Norwick PA 941-320-9388,

    FINE PROPERTIES 941-782-0000,

    Mary Mastro, PA 941-586-2402,

    FINE PROPERTIES

    Source: Stellar MLS,MLS#: A4634396MLS LogoOriginating MLS: Sarasota - Manatee

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 4
      • Full bathrooms: 4
      Primary bedroom
      • Features: Ceiling Fan(s), En Suite Bathroom, Walk-In Closet(s)
      • Level: First
      • Area: 328 Square Feet
      • Dimensions: 16.4x20
      Primary bedroom
      • Features: Walk-In Closet(s)
      • Level: Second
      • Area: 759 Square Feet
      • Dimensions: 33x23
      Bedroom 2
      • Features: Ceiling Fan(s), En Suite Bathroom, Built-in Closet
      • Level: First
      • Area: 168 Square Feet
      • Dimensions: 14x12
      Bedroom 3
      • Features: Ceiling Fan(s), En Suite Bathroom, Built-in Closet
      • Level: First
      • Area: 144 Square Feet
      • Dimensions: 12x12
      Dining room
      • Level: First
      • Area: 175.1 Square Feet
      • Dimensions: 10.3x17
      Family room
      • Level: First
      • Area: 268.94 Square Feet
      • Dimensions: 11.9x22.6
      Kitchen
      • Features: Stone Counters
      • Level: First
      • Area: 383.64 Square Feet
      • Dimensions: 13.9x27.6
      Living room
      • Level: First
      • Area: 221 Square Feet
      • Dimensions: 13x17
      Media room
      • Level: Second
      • Area: 153 Square Feet
      • Dimensions: 17x9
      Heating
      • Central
      Cooling
      • Central Air
      Appliances
      • Included: Bar Fridge, Dishwasher, Disposal, Dryer, Gas Water Heater, Microwave, Range, Range Hood, Refrigerator, Washer
      • Laundry: Inside, Laundry Room
      Features
      • Ceiling Fan(s), Crown Molding, Eating Space In Kitchen, High Ceilings, Kitchen/Family Room Combo, Living Room/Dining Room Combo, Open Floorplan, Primary Bedroom Main Floor, PrimaryBedroom Upstairs, Solid Surface Counters, Split Bedroom, Stone Counters, Walk-In Closet(s)
      • Flooring: Porcelain Tile
      • Doors: Sliding Doors
      • Has fireplace: No
      Interior area
      • Total structure area: 6,726
      • Total interior livable area: 5,257 sqft
      Video & virtual tour

      Property

      Parking
      • Total spaces: 4
      • Parking features: Garage - Attached
      • Attached garage spaces: 4
      Features
      • Levels: Two
      • Stories: 2
      • Exterior features: Balcony, Lighting, Rain Gutters, Sidewalk
      • Has private pool: Yes
      • Pool features: Heated, In Ground
      • Has spa: Yes
      • Spa features: Heated, In Ground
      • Has view: Yes
      • View description: Canal
      • Has water view: Yes
      • Water view: Canal
      • Waterfront features: Bay/Harbor, Canal - Saltwater, Canal Front, Bay/Harbor Access, Saltwater Canal Access, Gulf/Ocean to Bay Access, Intracoastal Waterway Access, Bridges - No Fixed Bridges, Lift, Sailboat Water, Seawall
      • Body of water: DOLPHIN WATERWAY, SARASOTA BAY
      Lot
      • Size: 0.34 Acres
      Details
      • Parcel number: 2014160004
      • Zoning: RSF1
      • Special conditions: None

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Single Family Residence
      Materials
      • Stucco
      • Foundation: Slab
      • Roof: Tile
      Condition
      • New construction: No
      • Year built: 1967

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: BB/HS Internet Available, Cable Available, Electricity Connected, Natural Gas Connected, Sewer Connected, Underground Utilities, Water Connected

      Community & HOA

      Community
      • Security: Security Gate
      • Pet fee: $0 monthly
      • Subdivision: BIRD KEY SUB
      HOA
      • Has HOA: Yes
      • HOA fee: $89 monthly
      • HOA name: Melissa Johnson
      • HOA phone: 941-366-0848
      Location
      • Region: Sarasota

      Financial & listing details

      • Price per square foot: $760/sqft
      • Tax assessed value: $3,134,500
      • Annual tax amount: $47,433
      • Date on market: 3/3/2025
      • Cumulative days on market: 319 days
      • Listing terms: Cash,Conventional
      • Ownership: Fee Simple
      • Total actual rent: 0
      • Electric utility on property: Yes
      • Road surface type: Paved
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        Estimated market value

        Not available

        Estimated sales range

        Not available

        $9,583/mo

        Price history

        Price history
        DateEventPrice
        4/6/2026Pending sale$3,995,000$760/sqft
        Source: Stellar MLS #A4634396 Report a problem
        3/12/2026Price change$3,995,000-7.1%$760/sqft
        Source: Stellar MLS #A4634396 Report a problem
        2/20/2026Price change$4,300,000-4.4%$818/sqft
        Source: Stellar MLS #A4634396 Report a problem
        12/19/2025Pending sale$4,500,000$856/sqft
        Source: Stellar MLS #A4634396 Report a problem
        9/15/2025Price change$4,500,000-2.2%$856/sqft
        Source: Stellar MLS #A4634396 Report a problem
        8/28/2025Pending sale$4,600,000$875/sqft
        Source: Stellar MLS #A4634396 Report a problem
        8/2/2025Listed for sale$4,600,000$875/sqft
        Source: Stellar MLS #A4634396 Report a problem
        7/25/2025Listing removed$4,600,000$875/sqft
        Source: Stellar MLS #A4634396 Report a problem
        6/20/2025Price change$4,600,000-2.1%$875/sqft
        Source: Stellar MLS #A4634396 Report a problem
        5/9/2025Price change$4,700,000-4.1%$894/sqft
        Source: Stellar MLS #A4634396 Report a problem
        4/11/2025Price change$4,900,000-7.5%$932/sqft
        Source: Stellar MLS #A4634396 Report a problem
        3/3/2025Listed for sale$5,295,000-7.1%$1,007/sqft
        Source: Stellar MLS #A4634396 Report a problem
        12/8/2024Listing removed$5,699,000$1,084/sqft
        Source: Stellar MLS #A4609702 Report a problem
        11/14/2024Price change$5,699,000-0.9%$1,084/sqft
        Source: Stellar MLS #A4609702 Report a problem
        6/13/2024Price change$5,750,000-2.4%$1,094/sqft
        Source: Stellar MLS #A4609702 Report a problem
        5/29/2024Price change$5,890,000-1.8%$1,120/sqft
        Source: Stellar MLS #A4609702 Report a problem
        5/6/2024Listed for sale$6,000,000+50.2%$1,141/sqft
        Source: Stellar MLS #A4609702 Report a problem
        2/27/2024Listing removed$3,995,000+2.4%$760/sqft
        Source: Stellar MLS #A4510316 Report a problem
        10/29/2021Sold$3,900,000-2.4%$742/sqft
        Source: Public Record Report a problem
        10/4/2021Pending sale$3,995,000+33.4%$760/sqft
        Source: Stellar MLS #A4510316 Report a problem
        3/16/2015Listing removed$2,995,000$570/sqft
        Source: Emily Rossi-Romer #A4105098 Report a problem
        9/19/2014Listed for sale$2,995,000$570/sqft
        Source: ROSSI & COMPANY INC (281518868) #A4105098 Report a problem
        6/4/2014Listing removed$2,995,000$570/sqft
        Source: Michael Saunders & Company - Licensed Real Estate Broker Report a problem
        3/8/2014Price change$2,995,000-6.3%$570/sqft
        Source: Michael Saunders & Company - Licensed Real Estate Broker Report a problem
        12/14/2013Price change$3,195,000+6.7%$608/sqft
        Source: Michael Saunders & Company - Licensed Real Estate Broker Report a problem
        12/5/2013Listed for sale$2,995,000+313.1%$570/sqft
        Source: ROSSI & COMPANY INC #A3988774 Report a problem
        2/1/2001Sold$725,000$138/sqft
        Source: Public Record Report a problem

        Public tax history

        Public tax history
        YearProperty taxesTax assessment
        2025$47,433 +3.7%$3,134,500 +2%
        2024$45,742 -9.3%$3,072,800 -8.3%
        2023$50,458 +10.1%$3,352,420 +10.2%
        2022$45,837 +188.6%$3,041,300 +195.7%
        2021$15,882 -1.1%$1,028,633 +1.4%
        2020$16,067 +2.6%$1,014,431 +2.3%
        2019$15,662 $991,624 +1.9%
        2018$15,662 +1.6%$973,134 +2.1%
        2017$15,413 +0%$953,119 -36.6%
        2016$15,408 $1,503,300 +8.5%
        2015$15,408 +0.1%$1,385,700 +52.9%
        2014$15,396 +0.2%$906,078
        2013$15,369 +3.9%$906,078 +1.7%
        2012$14,793 +4%$890,932 +3%
        2011$14,226 +0.8%$864,983 +1.5%
        2010$14,108 -3.5%$852,200 -9.6%
        2009$14,626 $943,103 +0.1%
        2008$14,626 +0.6%$942,161 +3%
        2007$14,535 $914,719 +2.5%
        2006-- $892,409 +3.7%
        2005-- $860,980 +3%
        2004$14,793 +20.7%$835,903 +23.6%
        2003$12,253 +2.9%$676,352 +2.4%
        2002$11,913 +19.5%$660,500 +19%
        2001$9,966 +54.5%$555,000 +48.3%
        2000$6,452 $374,248

        Find assessor info on the county website

        Monthly payment

        Est. payment
        $24,093/mo
        Principal & interest
        $19776
        Property taxes
        $4228
        HOA Fees
        $89
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          Climate risks

          Neighborhood: Bird Key

          Getting around

          5 / 100
          Car-Dependent
          0 / 100
          No Nearby Transit
          48 / 100
          Somewhat Bikeable

          Nearby schools

          GreatSchools rating

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