Sarasota, FL 34242,516 CANAL RD
Sarasota, FL 34242,516 CANAL RD
Sarasota, FL 34242,516 CANAL RD
21
$800,000
$1,074,000
25.5%
Est.Price: ?

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2,540 SqFt

516 CANAL RD Sarasota, FL 34242

Est. payment /mo
SOLD DATE : 01/21/2020

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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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Stellar MLS
Listed by MICHAEL SAUNDERS & COMPANY
Bought with RE/MAX ALLIANCE GROUP

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Catalina & Jaime

Catalina & Jaime

+1(407) 495-2555

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