$5,200,000

523 Beach Road

SARASOTA FL, 34242

Description

Endorsed by John Ringling himself and optimally situated directly across from beach access #9 on Siesta Key, the Ringling Beach House represents an opportunity to invest in a one-of-a-kind property located on a world-renowned coastline. Originally built in the 1920s as staff housing for the circus empresario, the old Florida Spanish architecture stands like a historic sand castle moments away from the soft white sands of the beach. 11 resort-style accommodations with both coastal and big top inspired names like Ringmaster and Sea Turtle are spread out across the 4 buildings and .67 acres, delighting with recently updated and furnished interiors. Each unit includes a kitchen fully equipped with everything needed to make a family dinner, separate dining, living and bedroom areas. Some units additionally offer a washer/dryer. Amenities add to the already strong income-producing potential with two pools, outdoor grills, romantic gazebos and lush gardens. 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 night life, 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#A4446354
Sub-TypeResale
StatusActive
Year1928
Days On Site81

Features

SQ Feet6,735
Units11
Building(s)4

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Area Information

StateFL
CountySarasota
CitySARASOTA
Zip Code34242
Area34242 - Sarasota/Crescent Beach/Siesta Key
Listing VS Median (in 34242)
Price:
$5,200,000
low | high
Med:
$599,250
100% of Average
SqFt:
6,735
low | high
Med:
1,471
100% of Average
$ / SqFt:
$772
low | high
Med:
$424
95.092557349344% of Average
On Site:
81
low | high
Med:
72
100% of Average
Listing Updated: 12/04/2019
MLS Number: A4446354
Listing Provided By:
Daria Fairchild  of  MICHAEL SAUNDERS COMPANY

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