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516 Canal Rd, Sarasota, FL – $1,099,000

  • $1.1M Price
  • 2,540 Sqft
  • .11 Acres
  • 71 DOM
  • $1.1M Price
  • 2,540 Sqft
  • .11 Acres
  • 71 DOM

516 Canal Rd

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.

Essential Information

  • MLS® #A4446336
  • Price$1,099,000
  • Bathrooms0.00
  • Square Footage2,540
  • Acres0.11
  • Year Built1954
  • TypeIncome
  • Sub-TypeDuplex
  • StatusActive
  • Taxes$9,030
  • CDDN

Community Information

  • Address516 Canal Rd
  • SubdivisionSarasota Beach
  • CitySarasota
  • CountySarasota County
  • StateFL
  • Zip Code34242

Area

Sarasota/Crescent Beach/Siesta Key

Amenities

  • Has PoolYes
  • PoolIn Ground

Utilities

Cable Connected, Electricity Connected

Interior

  • InteriorTile
  • HeatingCentral

Interior Features

Attic Fan, Ceiling Fans(s), High Ceiling(s), Open Floorplan, Solid Surface Counters, Vaulted Ceiling(s)

Appliances

Built-In Oven, Dishwasher, Dryer, Electric Water Heater, Freezer, Microwave, Range, Refrigerator, Washer

Cooling

Central Air, Wall/Window Unit(s)

Stories

Two Story, Elevated, Stilt Home

Exterior

  • ExteriorWood Siding
  • Lot DescriptionUp to 10,889 Sq. Ft.
  • RoofShingle

Exterior Features

Balcony/Sun Deck, Fenced, Lighting, Storage

School Information

  • ElementaryPhillippi Shores
  • MiddleBrookside
  • HighSarasota

Pet Information

  • Pets AllowedY

Additional Information

  • Days on Market71
  • ZoningRMF1

Listing Details

  • OfficeMichael Saunders & Company
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Price Change History for 516 Canal Rd, Sarasota, FL (MLS® #A4446336)

Date Details Change
Price Reduced from $1,199,000 to $1,099,000 $100,000 (8.34%)

Michael Saunders & Company.

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Listing data comes from My Florida Regional MLS DBA Stellar MLS.

Listing information last updated on November 14th, 2019 at 4:00am EST.