516 Canal Rd

$1,099,000, 2,540 Sqft .11 Acres

About This Property

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.

Essential Information

MLS® #A4446336
Price$1,099,000
Bathrooms0.00
Square Footage2,540
Acres0.11
Year Built1954
TypeIncome
Sub-TypeDuplex
StatusActive

Community Information

Address516 Canal Rd
SubdivisionSarasota Beach
CitySarasota
CountySarasota County
StateFL
Zip Code34242

Area

Sarasota/Crescent Beach/Siesta Key

Amenities

Has PoolYes
PoolIn Ground

Utilities

Cable Connected, Electricity Connected

Interior

InteriorTile
HeatingCentral

Interior Features

Attic Fan, Ceiling Fans(s), High Ceiling(s), Open Floorplan, Solid Surface Counters, Vaulted Ceiling(s)

Appliances

Built-In Oven, Dishwasher, Dryer, Electric Water Heater, Freezer, Microwave, Range, Refrigerator, Washer

Cooling

Central Air, Wall/Window Unit(s)

Stories

Two Story, Elevated, Stilt Home

Exterior

ExteriorWood Siding
Lot DescriptionUp to 10,889 Sq. Ft.
RoofShingle

Exterior Features

Balcony/Sun Deck, Fenced, Lighting, Storage

School Information

ElementaryPhillippi Shores
MiddleBrookside
HighSarasota

Additional Information

Days on Market68
ZoningRMF1

Listing Details

OfficeMichael Saunders & Company

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516 Canal Rd, Sarasota (MLS® #A4446336) Property History

Price Reduced from $1,199,000 to $1,099,000

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Listing data comes from My Florida Regional MLS.

Listing information last updated on November 11th, 2019 at 11:30pm CST.

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