940 Caloosa Dr Sarasota FL 34234 MLS A4608486
$1,899,000
Reduced By $101,000
last change 5/14/2024
940 Caloosa Dr
Sarasota,
FL
34234
MLS# A4608486
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Home Description: 940 Caloosa Dr
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: Gocio Elementary
- Middle School: Booker Middle
- High School: Booker High
- Water View: Canal
- Water Frontage: Canal - Brackish
- Water Feet: 0
- Water Extras: Bridges - No Fixed Bridges,Seawall - Concrete
- Water Access: Bay/Harbor,Canal - Brackish
- Interior Features: Built-in Features,Ceiling Fans(s),Eat-in Kitchen,Kitchen/Family Room Combo,Open Floorplan,Primary Bedroom Main Floor,Thermostat,Vaulted Ceiling(s),Walk-In Closet(s)
- Appliances: Dishwasher,Disposal,Dryer,Electric Water Heater,Microwave,Range Hood,Refrigerator,Washer
- Fireplace Desc: Living Room
- Floor Covering: Terrazzo,Tile
- Additional Rooms: Bonus Room,Storage Rooms
- Exterior Features: Awning(s),French Doors,Lighting,Outdoor Shower,Rain Gutters,Sliding Doors,Storage
- Exterior Contruction: Brick
- Foundation: Slab
- Front Exposure: North
- Roof: Metal
- Building Sqft: 3287
Available now at $1,899,000
Approximate Room Sizes / Descriptions
Kitchen | | First | |
Living Room | | First | |
Primary Bedroom | | First | |
- Attached Garage: False
- Garage: False
- Garage Spaces: 0
- Garage Feature: Covered,Driveway
- Carport: True
- Carport Spaces: 1
- Air Conditioning: Central Air
- Heating: Central,Electric
- Utilities: BB/HS Internet Available,Cable Connected,Sewer Connected,Solar,Water Connected
- Lot Sqft: 15149.00
- Lot Acres: 0.3500
- Total Acre: 1/4 to less than 1/2
- Lot Num: 25
- Style: Single Family Residence
- Building Num Floors: 1
- Pets Allowed: Cats OK,Dogs OK,Yes
- : 941-383-6411
Neighborhood
The average asking price of a 2 bedroom Sarasota home in this zip code is
$659,352 (65.3% less than this home).
This home is priced at $703/sqft,
which is 29.5% less than similar homes
in the 34234 zip code.
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940 Caloosa Dr Sarasota FL 34234
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Similar to: 940 Caloosa Dr
Financial
- Approx Payment:$9,238*
- Taxes:$8,220
Area Stats
These statistics are updated daily from the My Florida Regional MLS. For further analysis or
to obtain statistics not shown below please call EasyStreet Realty at
(941) 445-3138 and speak with one of our real estate consultants.
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111
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0.8%
57.4%
131
$1,527,811
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73
0.0%
58.9%
114
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455
1.3%
50.3%
97
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747
0.1%
54.1%
99
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10
0.0%
40.0%
78
$604,082
$539,954
902
0.7%
60.6%
99
Listing Courtesy of COLDWELL BANKER REALTY.
For information or to schedule a viewing of this property (MLS# A4608486) located at 940 Caloosa Dr Sarasota FL 34234, call: 941-445-3138
940 Caloosa Dr, Sarasota FL is a single family home of 2700 sqft and
is currently priced at $1,899,000
.
This single family home has 2 bedrooms.
A comparable home for sale at 2305 Mango Ave in Sarasota is listed at $1,200,000.
This home on 940 Caloosa Dr has decreased in price by $101,000 and the last change was on 5/14/2024.
In addition to single family homes, EasyStreet also makes it easy to find Homes, Condos, New Homes and Foreclosures
in Sarasota, FL.
Bay Haven, The Strand Sarasota and Valencia Terrace are nearby neighborhoods.
MLS A4608486 has been posted on this site since 5/2/2024 (17 days ago).