Real Estate Search | Find Your New Home
540 N Washington Drive Sarasota, FL 34236
Easy to be seen. A desirable location convenient to the world renowned St. Armand's Circle and Lido Beach. Perfect for buyers looking for their dream house within a very close proximity to this fabulous location. This ranch style waterfront home is poised on a wide canal for the boating enthusiast. The boat dock, unique boat-lift with water and electrical service, and covered boathouse is in pristine condition. Home features include all ground-floor level surface for those with reduced mobility, wood and tile floors, a remodeled kitchen, a gorgeous living room with a fireplace and 3 bedrooms on the first level. The ideal bedroom layout is perfect for live-in help or as a separate granny/mother-in-law flat. The over-sized family room can accommodate a large family and has windows and views onto the canal and heated pool. The low maintenance yard has a deep well and includes a separate pool house with storage and a pool bath. Partially remodeled in 2011, with a new kitchen layout, AC, hurricane windows and pool deck. This home is also ideal for an investor or developer. The property has generated consistent 4%-5% return over 5 years based on an annual unfurnished lease at $7,900/mo or furnished monthly seasonal lease of $10,000/mo during high season and $5,000/mo during low season. Minimum rental period is 8 days. Tenant is in place and will vacate within 30 days of closing. The seller will consider financing.
|a month ago||Listing updated with changes from the MLS|
|a month ago||Price changed to $1,749,000|
|a month ago||Status changed to Active|
|a month ago||Price changed to $1,800,000|
|6 months ago||Listing first seen online|
All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified.
Listing information is provided for consumer personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law.
Listing data comes from My Florida Regional MLS.