$1,074,000

516 Canal Road

SARASOTA FL, 34242

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.

Details

MLS#A4446336
Sub-TypeResale
StatusActive
Year1954
Days On Site81

Features

SQ Feet2,540
Units2
Building(s)1

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Area Information

StateFL
CountySarasota
CitySARASOTA
Zip Code34242
Area34242 - Sarasota/Crescent Beach/Siesta Key
Listing VS Median (in 34242)
Price:
$1,074,000
low | high
Med:
$599,250
94.203910614525% of Average
SqFt:
2,540
low | high
Med:
1,471
92.086614173228% of Average
$ / SqFt:
$423
low | high
Med:
$424
49.740301223926% of Average
On Site:
81
low | high
Med:
72
100% of Average
Listing Updated: 12/04/2019
MLS Number: A4446336
Listing Provided By:
Daria Fairchild  of  MICHAEL SAUNDERS COMPANY

MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS.