$4,500,000

544 Canal Road Sarasota, FL 34242 Multi Unit - Multiple Active

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Description

SIESTA KEY INVESTMENT PROPERTY. Great location! Welcome to the Wildflower. Just steps from the #1 Beach in USA. Nestled within a tropical oasis, this charming 8 plex 4 ground level units and 4 second level units, with 8 parking spaces offers a unique blend of comfort and natural beauty. Surrounded by vibrant tropical flora, enter the common area courtyard centered around a sparkling heated pool, perfect for relaxing after a day at the beach. The courtyard backdrop includes a standing waterfall that offers the tranquil sounds of nature. A very unique detail to any outdoor living space. Adjacent from the pool are two screened communal areas. A game room, with tv, ping pong table, pool table, arcade & washer/dryers and restroom with shower. The second lanai has a sectional sitting area with tv, fire pit and sauna. Plenty of beach and pool accessories, noodles, rafts, beach chairs, carts, etc,. for guests to enjoy. There is also a dock, across the street that is included with the sale of the property. Ideal for kayak launching or fishing. The canal leads to the Siesta Key Grand Canal. The interiors are adorned with NEW modern finishes, appliances, and furnishings. Interior spaces can be combined by interior door. Each room has been eloquently decorated with a coastal theme. Guests can take leisurely strolls to Siesta Key Village shops, restaurants and entertainment. The free trolley stop is also around the corner. This turnkey property is in like NEW CONDITION and is the perfect investment opportunity. Schedule your showing to see this amazing slice of paradise.

Property Highlights

Property Type: Multi Unit - Multiple
Cooling: Wall/Window Unit(s)
Heating: Electric
Lot Size: 0.28 Acres
Roof Type: Shingle
Taxes: $46,153
Year Built: 1948

General Information

Bedrooms: 8
Sqft: 6,490
County: Sarasota
Subdivision: SARASOTA BEACH
Listed By:
Katie Cintron COLDWELL BANKER REALTY 941-349-4411

Amenities

Ceiling Fans(s)
Kitchen/Family Room Combo
Thermostat
Courtyard
Fence
Lighting
Outdoor Grill
Outdoor Shower
Sauna

Property Features

Annual Net Income: 405000.00
Days on Site: 250
Directions: From the North, Siesta Drive, right on Ocean Blvd right at Canal Road. From the South Midnight Pass Road right on Calle Del Invierno, left on Canal Road.
Exterior: Block, Stucco
Flood Zone Code: AE
Foundation: Block
Home Warranty Y/N: No
Listing Terms: Cash, Conventional
Lot Dimensions: 0.28
Ownership: Fee Simple
Pool: Heated, In Ground, Lighting
Property Attached Y/N: No
Property Sub-Type: Multi-Family 5+
Sauna: Yes
Sewer: Public Sewer
Showing Instructions: Appointment Only, Call Listing Agent 2
Spa: Above Ground
Special Sale Provisions: None
Swimming Pool: Yes
Units: 8
Utilities: Cable Connected, Electricity Connected, Water Connected
Water: Public
Water Access Y/N: No
Zoning: RMF1
$4,500,000
8beds
6,490sqft
Active
BEDS8 BATHS SQUARE FEET6,490 MLS#A4657990
STATUSActive PROPERTY TYPEMulti Unit - Multiple SUBDIVISIONSARASOTA BEACH

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544 Canal Road, Sarasota, FL 34242.

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Estimated Payment

$ 20,336.33 per month $15,177.75 Principal & Interest $3,846.08 Property Tax $1,312.50 Homeowner's Insurance

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About this area

Florida/Sarasota
Sarasota

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About Sarasota

Sarasota, FL is a cultural gem. Once home to the Ringling Brothers Circus, Sarasota boasts a rich arts scene that brings people from all over the area to enjoy world-class theater, music, and other performing arts. Sarasota is also a haven with spectacular scenery, turquoise water and white sandy beaches. It offers a delightful downtown with a variety of small boutiques and exceptional restaurants. With its dynamic culture and arts scene and incredible natural beauty, Sarasota is a wonderful place to call “home.” 

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