516 CANAL  ROAD
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516 CANAL  ROAD
516 CANAL  ROAD
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516 CANAL  ROAD
516 CANAL  ROAD
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Sold

516 CANAL ROAD

516 CANAL ROAD, SARASOTA, FL 34242

$800,000
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.

2,540 Sq.Ft. LIVING AREA

0.11 Acres lot

Features & Amenities

Interior

  • Laundry room Inside
  • Flooring Tile
  • APPLIANCES Built-In Oven, Dishwasher, Dryer, Electric Water Heater, Freezer, Microwave, Range, Refrigerator, Washer
  • other interior Features Attic Fan, Ceiling Fans(s), High Ceilings, Open Floorplan, Solid Surface Counters, Vaulted Ceiling(s)

Area & Lot

  • Status Sold
  • Living Area2,540 Sq.Ft.
  • Lot Area0.11 Acres
  • MLS® IDA4446336
  • TypeMulti-Family
  • YEAR BUILT1954
  • Elementary SchoolPhillippi Shores Elementary
  • Middle SchoolBrookside Middle
  • High SchoolSarasota High

Exterior

  • water SourcePublic
  • utilitiesCable Connected, Electricity Connected
  • PoolIn Ground
  • roofShingle
  • HEAT TYPECentral
  • AIR CONDITIONINGCentral Air, Wall/Window Unit(s)
  • sewerPublic Sewer
  • SubstructureWood Siding
  • other exterior FeaturesBalcony, Fence, Lighting, Storage

Financial

  • Sales Price$800,000
  • Real Estate Tax $9,030
  • Zoning RMF1

Partner With Wendy

Wendy’s market knowledge, integrity, resourcefulness, and personalized approach makes it easy for buyers and sellers to accomplish their real estate goals in Sarasota.