Price Reduction - Waterfront
Address
940 Caloosa DRIVE, SARASOTA, FL
Price
$ 1,899,000
Property Attributes
- MLS#A4608486
- TypeSingle Family
- CountySARASOTA
- CitySARASOTA
- AreaSarasota
- NeighborhoodWeber Sub
- Zip34234
- StyleSingle Family Residence
- Year Built1957
- Taxes$ 8219
- Price$ 1,899,000
- Bedrooms2
- Full Bathrooms3
- Half Bathrooms0
- Sqr Footage2700
- Lot Size0.35 Acres
Data Source:
Stellar MLS
Property Description
Discover the potential of this downtown, waterfront gem in Indian-Beach Sapphire Shores, Sarasota! Imagine the possibilities of waterfront living, boasting expansive water vistas with less than 5-minute boat ride to Sarasota Bay, offering unrestricted access with no bridges to navigate. This property presents a dual opportunity: revitalize a 1957 mid-century home with vaulted ceilings, wood-burning fireplace and terrazzo floors, or seize the chance to develop a modern residence or additional structure on this expansive 15,149 square feet (.35 acres) site. The existing 1957 mid-century home spans 2,700 square feet, boasting two large bedrooms, three full bathrooms, and a large storage room. Adding to the appeal is the brand new 5-ton HVAC system and a lifetime standing seam metal roof. With 33 professionally installed solar panels tied directly to the Florida Power & Light grid, you'll enjoy the added benefit of significantly reduced energy costs, monitored conveniently from your smartphone. Outside, the lush landscaping showcases one of the largest and oldest Poinciana trees in the state, alongside a magnificent live oak near the waterfront. Situated on the north side of the vibrant downtown area, just a quick 6-minute drive away, this home is nestled within an arts district. It is conveniently located mere minutes from the bustling Rosemary District, which is now a prominent destination of its own. Your doorstep is the threshold to new developments including the new bayfront park and commercial expansions within the Quay project, enhancing the appeal and value of this locale. The property is being offered at lot value, providing an incredible chance to "buy the lot and get the house for free." Whether you choose to restore the existing mid-century marvel or embark on a new building venture, the possibilities are enticing. Take inspiration from the recent sale of a neighboring new build, fetching $4.75 million, or take advantage of the available plans for a renovation project. Most of the existing home is not in a flood zone, and if you choose to build new, it can be positioned completely out of the flood-zone due to recent changes in elevation requirements by FEMA. Envision creating a bespoke waterfront home or explore the potential for a lucrative development, all within walking distance to a thriving downtown scene. This is not just a purchase; it's an opportunity to craft your future in one of Sarasota's most sought-after neighborhoods. Embrace the chance to own a piece of paradise, where culture, convenience, and coastal beauty meet.
| Elementary School | Middle School | High School |
|---|---|---|
| Gocio Elementary | Booker Middle | Booker High |
| Price History | |
|---|---|
| 5/2/2024 | Listed $2,000,000 |
| 5/14/2024 | 6% - $1,899,000 |
General Features
| Interior Features | Built-in Features,Ceiling Fan(s),Eating Space In Kitchen,Kitchen/Family Room Combo,Open Floorplan,Primary Bedroom Main Floor,Thermostat,Vaulted Ceiling(s),Walk-In Closet(s) |
|---|---|
| Sewer | Public Sewer |
| Heating | Central,Electric |
| Cooling | Central Air |
| Utilities | BB/HS Internet Available,Cable Connected,Sewer Connected,Solar,Water Connected |
| Roof | Metal |
| Appliances | Dishwasher,Disposal,Dryer,Electric Water Heater,Microwave,Range Hood,Refrigerator,Washer |
| Exterior Features | Awning(s),French Doors,Lighting,Outdoor Shower,Rain Gutters,Sliding Doors,Storage |
| Zoning | RSF2 |
| Patio/Porch Features | Patio |
| Construction Materials | Brick |
| Pets Allowed | Cats OK,Dogs OK,Yes |
| Year Built | 1957 |
| View | Water |
| Levels | One |
| Property SubType | Single Family Residence |
| Tax Year | 2023 |
| Percent Ownership | Fee Simple |
| Waterfront Features | Canal - Brackish |
| County | Sarasota |
| New Construction | No |
| Property Type | Residential |
| HOA / Comm Assn | No |
| Attached Garage | No |
| Subdivision Name | WEBER SUB |
| Facing Direction | North |
| Garage Y/N | No |
| Other Structures | Storage |
| Total Rooms | 3 |
| Status | Active |
| Directions | From 75-take the University exit West-Turn,left on Rt 41 (Tamiami Trl),Turn right on Sylvan Dr and it turns right into Caloosa. Follow left and arrive. Home is on the left. |
| High School | Booker High |
| City | SARASOTA |
| Buyer Agent Compensation | 3% |
| Senior Community Y/N | No |
| MLS Area | 34234 - Sarasota |
| Lot Size Square Feet | 15149 |
| Private Pool | No |
| Waterfront Y/N | Yes |
| Carport Spaces | 1 |
| Carport Y/N | Yes |
| Street Name | Caloosa |
| Listing Terms | Cash,Conventional,VA Loan |
| Elementary School | Gocio Elementary |
| Tax Annual Amount | 8219.55 |
| Middle/Junior High School | Booker Middle |
| Property Condition | Completed |
| Public Remarks | Discover the potential of this downtown,waterfront gem in Indian-Beach Sapphire Shores,Sarasota! Imagine the possibilities of waterfront living,boasting expansive water vistas with less than 5-minute |
| Lease Considered Y/N | Yes |
| Virtual Tour | https://www.propertypanorama.com/instaview/stellar/A4608486 |
| Days on Market | 12 |
| Standard Status | Active |
| Tax Lot | 25 |
| Legal Description | LOT 25,WEBER SUB,LESS BEG AT NE COR OF LOT 25,TH N-89-50-W 90.35 FT,TH S 100 FT FOR POB,TH N 100 FT,TH S-89-50-E 90.35 FT,TH S 100 FT,TH S-34-14-W 56.6 FT,TH S-52-58-W 39 FT,TH NW TO |
| Water View | Canal |
| Water Access Type | Bay/Harbor,Canal - Brackish |
| Minimum Lease | 1 Week |
| Water Access Y/N | Yes |
| Additional Rooms | Bonus Room,Storage Rooms |
| Water View Y/N | Yes |
Interior Features
| Flooring | Terrazzo,Tile |
|---|---|
| Fireplace Features | Living Room |
| Total Stories | 1 |
| Air Conditioning Y/N | Yes |
| Heating Y/N | Yes |
| Fireplace Y/N | Yes |
| Full Baths | 3 |
| Street Suffix | DRIVE |
| Laundry Features | Laundry Closet |
| Total Bedrooms | 2 |
| LivingAreaSource | Public Records |
| Total Baths | 3 |
| Living Area Units | Square Feet |
Exterior Features
| Fencing | Wood |
|---|---|
| Parking Features | Covered,Driveway |
| Water Source | Public |
| Lot Size Area | 15149 |
| Foundation Details | Slab |
| Building Area Total | 3287 |
| Lot Size Acres | 0.35 |
| Road Surface Type | Paved |
| Lot Size Units | Square Feet |
| Covered Spaces | 1 |
| Open Parking Y/N | Yes |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Single Family Average in 34234
Price
Taxes
Visits
Year Built
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All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Updated on May 18, 2024 10:10 PM UTC
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