540 N WASHINGTON DR, SARASOTA, FL 34236 (MLS # A4197524)

Price $1,800,000
Status Active
Beds 4
Baths 5 baths
Home size 3,836 sq ft
Lot Size 16,117 sqft
Days on Market 74
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. Minimum rental period is 8 days. 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.
Property Type(s): Single Family
Last Updated 10/2/2017 Tract SAINT ARMANDS DIV JOHN RINGLIN
Year Built 1951 Community Sarasota
County Sarasota

SCHOOLS

Elementary SchoolSouthside Elementary
Jr. High SchoolBooker Middle
High SchoolBooker High

Additional Details

AIRCentral, Zoned/Multiple
AIR CONDITIONINGYes
APPLIANCESBuilt In Oven, Convection Oven, Cook Top Only, Dishwasher, Hot Water Electric, Microw
AREASarasota
BASEMENTFoundation: Slab
CONSTRUCTIONBlock, Stucco
EXTERIORFenced, Hurricane Shutters, Irrigation System, Mature Landscaping, Other, Outdoor Lights, Patio/Porch/Deck Open, Sliding Doors, Storage, Xeriscape
FIREPLACEYes
GARAGE2 Car Garage, Yes
HEATCentral, Fuel - Electric, Zoned/Multi
INTERIORAttic, Blinds/Shades, Built in Features, Crown Molding, Inside Utility, Smoke Alarm(S)
LOT0.37 acre(s)
LOTDESCRIPTIONClose to Bus Line, Flood Zone, Garden View, In City Limits, Pool View, Sidewalk, Street Paved, Wooded View
POOLYes
POOL DESCRIPTIONPrivate
STORIES2
SUBDIVISIONSAINT ARMANDS DIV JOHN RINGLIN
TAXES$23737.00
UTILITIESBB/HS Internet Avail,Cable Available,City Water,Electric,Private sewer,Private Utilities,Sprinkler W
VIEWYes
VIEW DESCRIPTIONCanal
WATER ACCESSCanal - Saltwater
WATERFRONTYes
WATERFRONT DESCRIPTIONCanal - Saltwater
ZONINGRSF2

Location

 

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Listed with SARASOTA REAL ESTATE SERVICES
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