653 40th St

$365,000, .41 Acres

About This Property

Rarely available large corner lot in Indian Beach-Sapphire Shores is the best value in the neighborhood. Located two houses from Bay Shore Road and Sarasota Bay, with access to the bay via the Charles Hegener Memorial Nature Walk, this charming, vintage Florida property sits in a tranquil, coastal setting. Home has been in the same family for almost a century and is being sold As-Is and priced accordingly at lot value. If you are looking to build the new home of your dreams, plans are available. There is an existing home on this lot which consists of a main floor offering two bedrooms, one bath, family room, kitchen and screened front porch and a second-floor apartment with two bedrooms, one bath, living room, kitchen, sunbathing deck and its own private entrance. Located near New College, USF and the Ringling Museum, this property could also serve as a rental investment. Recent market data supports rent price of $1,300-$1,500/month for the second-floor apartment. Features include hardwood floors, antique doors and windows, Mexican tile, substantial attic storage space, one-car garage, cistern and a fenced yard. Multiple options: rental, remodel, or tear down and build your own new home. This property offers many opportunities for a savvy buyer.

Essential Information

MLS® #A4441800

Community Information

Address653 40th St
SubdivisionLands Of Josiah S Paul
CountySarasota County
Zip Code34234



BB/HS Internet Available, Cable Connected, Electricity Available, NaturalGas Available, Phone Available, Public, Sewer Connected


Buildable, Corner Lot/Unit, Level, Lot - Oversized, Room For Pool, Street Paved


Lot Description1/4 Acre to 21779 Sq. Ft.

Exterior Features

Oak Trees, Trees, Trees/Landscaped, Wooded

Additional Information

Days on Market240

Listing Details

OfficePremier Sothebys Intl Realty

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653 40th St, Sarasota (MLS® #A4441800) Property History

Price Reduced from $385,000 to $365,000

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Listing data comes from My Florida Regional MLS.

Listing information last updated on November 22nd, 2019 at 12:45pm CST.

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