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516/518 Canal Rd, Sarasota, FL 34242
$640,000
516/518 Canal Rd, Sarasota, FL 34242View this property at 516/518 Canal Rd, Sarasota, FL 34242
516/518 Canal RdSarasotaFL34242
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Property Description
Income producing duplex one block from Siesta beach at access #9 and four blocks to Siesta village. This property is currently being leased as a annual rental. In the past as a seasonal rental the income was $37,000 per year. The lower unit (516) has 1 bedroom 1 bath and was updated in 2011 with new flooring in the kitchen, rebuilt cabinets and counters, new dishwasher and new copper pipes. The bath was updated also in 2011. New washer/dryer in 2013. A large screened porch overlooks the clear blue tropical private pool.The upper unit (518) has 2 bedrooms and 1 bath which was also updated in 2011. New flooring in the living room and back bedroom. Tile in the kitchen, the stove, dishwasher, sink, cabinets and counters also done in 2011. Parking for 4 cars
Full Property Details
Full Property Details for 516/518 Canal Rd
General
- Sold For: $640,000
- Taxes: $5,247 (2014)
- Status: Closed
- Type: Multi-Family
- MLS ID: A4106731
- Added to Site: 3, 475 day(s) ago
Interior
- Rooms/Areas: Inside Utility
- Interior Features: Blinds/Shades, Cathedral/Vaulted Ceiling, Ceiling Fan(S), Smoke Alarm(S), Kitchen and Family Room Combination
- Appliances/Equip: Dishwasher, Dryer, Hot Water Electric, Microwave, Range Hood, Refrigerator, Washer
- Flooring: Ceramic Tile, Wood
Rooms
Bathrooms
- Primary Bathroom: Shower No Tub
Additional Information
- Pool: Yes
- Private Pool: Yes
- Pool Description: Gunite/Concrete, Heated Pool
Exterior
- Exterior Features: Balcony/Sun Deck, Fenced, Gutters / Downspouts, Mature Landscaping, Patio/Porch/Deck Screened, Sidewalk
Parking
- Garage Description: Drive Space, Open Parking
Location
- Area: Sarasota/Crescent Beach/Siesta Key
- County: Sarasota
- Subdivision: SARASOTA BEACH
- Driving Directions: Beach road to Plaza de las Palmas, go east to canal road, turn right 2nd driveway on the right.
- Location Details: In County, Sidewalk, Street Paved
School Information
- Elementary School: Phillippi Shores Elementary
- Middle School: Brookside Middle
- High School: Sarasota High
Community
- Home Owners Assn.: None
- Pets Allowed: Yes
Heating & Cooling
- Cooling Type: Central
- Heating Type: Central
Utilities
- Utility Description: Cable Connected, County Water, Public Sewer, Public Utilities
Structural Information
- # Buildings: 1
- Architectural Style: Key West
- Description/Design: 2 Levels, Duplex
- Exterior Const.: Wood Frame
- Roof: Shingle
- Square Feet: 2,012
- Sq. Ft. Source: Public Records
- Year Built: 1954
Unit Information
- 1 Bed/1 Bath Units: 1
- 2 Bed/1 Bath Units: 1
Lot Features
- Lot Size (Acres): 0.11
- Lot Size (Sq. Ft.): 4,668
- Lot Size Range: Up to 10, 889 Sq. Ft.
- Lot Dimensions: 55 x 98 x 38 x 104
- Sidewalks: Yes
- Zoning: RMF1
Financial Considerations
- Price Per Sq. Ft.: $345.43
- Tax Amount: $5,247
- Tax Year: 2014
- Terms: Cash, Conventional
Disclosures and Reports
- Legal Description: A PART OF LOT 2 BLK 21 DESC AS FOLLOWS BEG AT TH MOST ELY COR LOT 2 TH S-36-04-W ALG SELY LINE OF SAID LOT 98.2 FT TH N-54-01-W 37.6 FT TH N-29-30-E 104.3 FT TO NELY LINE OF LOT 2 TH SELY ALG LOT LINE 50 FT TO POB SARASOTA BEACH
- APN: 82120003
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Schools
Schools serving 516/518 Canal Rd
School District:Sarasota County School District
Rating | Name | Grades | Distance |
---|---|---|---|
4747 S Tamiami Trl, Sarasota, FL 34231 | PK-5 | 2.2 mi | |
3636 S Shade Ave, Sarasota, FL 34239 | 6-8 | 3 mi | |
1 Ram Way, Sarasota, FL 34231 | 9-12 | 2.6 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 516/518 Canal Rd
Date
Details
Price
Change
Source
5/14/2015
Sold
$640,000
-7.91%
MLS
3/09/2015
Price Reduced
$695,000
-7.33%
MLS
1/27/2015
Price Reduced
$750,000
-3.23%
MLS
10/20/2014
Listed
$775,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
516/518 Canal Rd, Sarasota, FL 34242 (MLS# A4106731) is a Multi-Family property that was sold at $640,000 on May 14, 2015. This property was listed by Glenn Davis from our Sarasota Central Office.Want to learn more about 516/518 Canal Rd? Do you have questions about finding other Multi-Family real estate for sale in Sarasota? You can browse all Sarasota real estate or contact a Coldwell Banker agent to request more information.