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$1,800,000
4
Beds
5
Baths
0
½ Baths
3,836
Sq Ft
1951
Built

540 N Washington Drive
Sarasota, FL 34236

SAINT ARMANDS DIV JOHN RINGLING ESTATES - Sarasota, FL County
Single Family Home For Sale
Active - 3 weeks online

This home is ideal for an investor or developer who wishes to invest at today's price. Tenant is in place until June, 2019. As is, no inspections, no visits. The seller will consider financing. A desirable and convenient location to the world renowned St. Armand's Circle and to Lido Beach. Perfect either for a buyer looking to build their dream house within very close proximity to this fabulous location with their own boat dock or an investor. 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. This ranch style waterfront home is poised on a wide canal for the boating enthusiast. The covered boathouse is in pristine condition complete with a unique roofed boat-lift, as well as water and electrical service. 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 oversized 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.

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Recent Activity
2 weeks agoListing updated with changes from the MLS
3 weeks agoStatus changed to Active
3 weeks agoPrice changed to $1,800,000
3 weeks agoListing first seen online
Listing Snapshot
Price
$1,800,000
Days Online
18 Days
Bedrooms
4
Bathrooms
5
Half Bathrooms
N/A
Inside Area (SqFt)
3,836 sqft
Lot Size
0.37 Acres
Year Built
1951
MLS Number
A4197524
Property Tax
$23,737
HOA Fees
N/A
Sq Ft Source
Public Records
General Features
Acres
1/4 Acre to 21779 Sq. Ft.
Construction
BlockStucco
Foundation
Slab
Location
Close to Bus LineFlood ZoneGarden ViewIn City LimitsPool ViewSidewalkStreet PavedWooded View
Garage
2 Car Garage
New Construction
No
Utilities
BB/HS Internet AvailCable AvailableCity WaterElectricPrivate sewerPrivate UtilitiesSprinkler Well
Year Built
1951
Interior Features
Appliances
Built In OvenCook Top OnlyConvection OvenDishwasherHot Water ElectricMicrowaveOven - DoubleRange HoodRefrigerator
Fireplace
Living RoomWood Burning Fireplace
Interior
AtticBlinds/ShadesBuilt in FeaturesCrown MoldingInside UtilitySmoke Alarm(S)
Heating
CentralFuel - ElectricZoned/Multiple
Exterior Features
Exterior
FencedHurricane ShuttersIrrigation SystemMature LandscapingOtherOutdoor LightsPatio/Porch/Deck OpenSliding DoorsStorageXeriscape
Pool
Private
Roof
Tile
Water Extras
BoathouseDock - CoveredDock - Slip Deeded On-SiteDock w/ElectricDock w/Water SupplyLift - CoveredSeawall - Concrete
Water Frontage
Canal - Saltwater
Water View
Canal
Community Features
HOPA
N/A
HOA/Common Assn
None
Schools
School District
Unknown
Elementary School
Southside Elementary
Middle School
Booker Middle
High School
Booker High
This listing courtesy of SARASOTA REAL ESTATE SERVICES

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Listing data comes from My Florida Regional MLS. Last Updated At 2017-10-05T22:13:52+00:00
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