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516 CANAL RD Sarasota, FL 34242
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Key Details
Sold Price $800,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,540 sqft
Price per Sqft $314
Subdivision Sarasota Beach
MLS Listing ID A4446336
Sold Date 01/21/20
Construction Status Other Contract Contingencies
HOA Y/N No
Year Built 1954
Annual Tax Amount $9,030
Lot Size 4,791 Sqft
Acres 0.11
Lot Dimensions 50x98x37x98
Property Description
Originally part of the Ringling Beach House compound and optimally situated directly across from beach access #9 on Siesta Key, this collection of residences is an opportunity to invest in a world-renowned coastline. Comprised of two large one-bedroom suites, nicknamed Mermaid and Marlin, the resort-style living delights with recently updated and furnished interiors. Each unit includes a kitchen fully equipped with everything needed to make a family dinner and separate dining, living and bedroom areas. Screened porches off both units allow for easy living whether entertaining or reading a good book. Amenities add to the already strong income-producing potential with a spacious pool area and outdoor grill. Walk across the street with provided beach towels, chairs and umbrellas to enjoy a day away from devices and underneath the warm sun. With an option to add a boat dock on the grand canal, you will have a true beach-to-bay property. A short walk to Siesta Village and an array of island cuisine, shopping and nightlife, the lot is your canvas to craft the ultimate getaway or continue a legacy of helping families connect with the beautiful natural splendor of the Gulf Coast.
Location
State FL
County Sarasota
Community Sarasota Beach
Zoning RMF1
Interior
Interior Features Attic Fan, Ceiling Fans(s), High Ceilings, Open Floorplan, Solid Surface Counters, Vaulted Ceiling(s)
Heating Central
Cooling Central Air, Wall/Window Unit(s)
Flooring Tile
Furnishings Furnished
Fireplace false
Appliance Built-In Oven, Dishwasher, Dryer, Electric Water Heater, Freezer, Microwave, Range, Refrigerator, Washer
Laundry Inside
Exterior
Exterior Feature Balcony, Fence, Lighting, Storage
Pool In Ground
Utilities Available Cable Connected, Electricity Connected
Waterfront false
Water Access 1
Water Access Desc Canal - Saltwater
Roof Type Shingle
Garage false
Private Pool Yes
Building
Entry Level Two
Lot Size Range Up to 10,889 Sq. Ft.
Sewer Public Sewer
Water Public
Structure Type Wood Siding
New Construction false
Construction Status Other Contract Contingencies
Schools
Elementary Schools Phillippi Shores Elementary
Middle Schools Brookside Middle
High Schools Sarasota High
Others
Pets Allowed Yes
Senior Community No
Ownership Fee Simple
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition None
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Bought with RE/MAX ALLIANCE GROUP