Residential Property - Single Family Residence in Sarasota
Listing Price: $1,499,000
Description of Property
Discover the potential of this downtown, waterfront gem in Indian-Beach Sapphire Shores, Sarasota! Imagine the possibilities of waterfront living, boasting expansive water vistas with less than 5-minute boat ride to Sarasota Bay, offering unrestricted access with no bridges to navigate. This property presents a dual opportunity: revitalize a 1957 mid-century home with vaulted ceilings, wood-burning fireplace and terrazzo floors, or seize the chance to develop a modern residence or additional structure on this expansive 15,149 square feet (.35 acres) site. The existing 1957 mid-century home spans 2,700 square feet, boasting two large bedrooms, three full bathrooms, and a large storage room. Adding to the appeal is the brand new 5-ton HVAC system and a lifetime standing seam metal roof. With 33 professionally installed solar panels tied directly to the Florida Power & Light grid, you'll enjoy the added benefit of significantly reduced energy costs, monitored conveniently from your smartphone. Outside, the lush landscaping showcases one of the largest and oldest Poinciana trees in the state, alongside a magnificent live oak near the waterfront. Situated on the north side of the vibrant downtown area, just a quick 6-minute drive away, this home is nestled within an arts district. It is conveniently located mere minutes from the bustling Rosemary District, which is now a prominent destination of its own. Your doorstep is the threshold to new developments including the new bayfront park and commercial expansions within the Quay project, enhancing the appeal and value of this locale. The property is being offered at lot value, providing an incredible chance to "buy the lot and get the house for free." Whether you choose to restore the existing mid-century marvel or embark on a new building venture, the possibilities are enticing. Take inspiration from the recent sale of a neighboring new build, fetching $4.75 million, or take advantage of the available plans for a renovation project. Most of the existing home is not in a flood zone, and if you choose to build new, it can be positioned completely out of the flood-zone due to recent changes in elevation requirements by FEMA. Envision creating a bespoke waterfront home or explore the potential for a lucrative development, all within walking distance to a thriving downtown scene. This is not just a purchase; it's an opportunity to craft your future in one of Sarasota's most sought-after neighborhoods. Embrace the chance to own a piece of paradise, where culture, convenience, and coastal beauty meet.
Bedrooms: 2
Bathrooms: 3
Sq. Ft. Gross: 3,287
Garage: No
Carport: Yes1 vehicles
Parking Features: Covered, Driveway
Spa Features:
Water Frontage: Canal - Brackish
Water Features: Bridges - No Fixed Bridges, Seawall - Concrete
Water Access: Bay/Harbor, Canal - Brackish
Property Details At A Glance
Property Type: Residential
Property Use or Sub Type: Single Family Residence
City: Sarasota
County: Sarasota
Subdivision: Weber Sub
Bedrooms: 2
Bathrooms: 3
Sq. Ft. Gross: 3,287
Sq. Ft. Living Area: 2,700
Cost per (heated) sqare foot: $555
Year built: 1957
Annual Tax: $8,220
Taxes and fees can change periodically, and other fees may apply. Please check with your Suncoasteam agent for more details.
Interior Features:
- Built-in Features
- Ceiling Fan(s)
- Eating Space In Kitchen
- Kitchen/Family Room Combo
- Open Floorplan
- Primary Bedroom Main Floor
- Thermostat
- Vaulted Ceiling(s)
- Walk-In Closet(s)
Appliances:
- Dishwasher
- Disposal
- Dryer
- Electric Water Heater
- Microwave
- Range Hood
- Refrigerator
- Washer
Accessibility Features:
Fireplace: Yes
Fireplace Features: Living Room
Window Features:
Additional Rooms: Bonus Room, Storage Rooms
Ceiling Type:
Flooring: Terrazzo, Tile
Schools
Elementary School: Gocio Elementary
Middle/Junior High School: Booker Middle
High School: Booker High
Pool & Waterfront Info
Private Pool: Not specified
Pool Features:
Spa Features:
Water Front: Yes
Water Frontage: Canal - Brackish
Water Access: Yes
Water Access Type: Bay/Harbor, Canal - Brackish
Water View: Canal
Exterior & Construction
Architectural Style:
Construction: Brick
Foundation: Slab
Roof: Metal
- Awning(s)
- French Doors
- Lighting
- Outdoor Shower
- Rain Gutters
- Sliding Doors
- Storage
Carport: Yes
Carport Spaces: 1
Parking Features: Covered, Driveway
Floors Total: 1
Floors in Unit: One
Cooling: Central Air
Heating & Fuel: Central, Electric
Electric:
Patio & Porch Features: Patio
Security Features:
Other Structures: Storage
View: Water
Fencing: Wood
Utilities:
- BB/HS Internet Available
- Cable Connected
- Sewer Connected
- Solar
- Water Connected
Sewer: Public Sewer
Water Source: Public
Community Features:
Association Amenities:
Lot Information
Lot Features:
Lot Size (acres): 0.35
Lot Size (sq. ft.): 15,149 square feet
Front Exposure: North
Adjoining Property:
Current Adjacent Use:
Legal Description & Other Information
Financing Available: Cash, Conventional, VA Loan
Parcel Number: 2006100007
Zoning: RSF2
Pets Allowed/Pet Policies: Cats OK, Dogs OK, Yes
Tax Legal Desc.: LOT 25, WEBER SUB, LESS BEG AT NE COR OF LOT 25, TH N-89-50-W 90.35 FT, TH S 100 FT FOR POB, TH N 100 FT, TH S-89-50-E 90.35 FT, TH S 100 FT, TH S-34-14-W 56.6 FT, TH S-52-58-W 39 FT, TH NW TO
Disclosures: Lead Paint, Seller Property Disclosure
Section: 13
Range: 17E
Listing courtesy of COLDWELL BANKER REALTY. The information relating to real estate for sale on this website comes in part from the My Florida Regional MLS DBA Stellar MLS. This information is provided exclusively for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS.