540 N Washington Dr, Sarasota, Florida
List Price: $1,749,000
MLS Number: A4197524

  • Status: Sold
  • Sold Date: Jun 01, 2018
  • DOM: 182 days
  • Square Feet: 3836
  • Price / sqft: $456
  • Bedrooms: 4
  • Baths: 5
  • Pool: Private
  • Garage: 2
  • City: SARASOTA
  • Zip Code: 34236
  • Year Built: 1951
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.

Misc Info

Subdivision: Saint Armands Div John Ringling Estates

Annual Taxes: $23,216

Water Front: Canal - Saltwater

Water View: Canal

Water Access: Canal - Saltwater

Water Extras: Boathouse, Dock - Covered, Dock - Slip Deeded On-Site, Dock w/Electric, Dock w/Water Supply, Lift - Covered, Seawall - Concrete

Lot Size: 1/4 to less than 1/2

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    Sold Information

    CDD: $1,718,000

    Sold Price per Sqft: $ 447.86 / sqft

    Home Features

    Appliances: Built-In Oven, Convection Oven, Cooktop, Dishwasher, Double Oven, Electric Water Heater, ENERGY STAR Qualified Dishwasher, Microwave, Range Hood, Refrigerator

    Flooring: Ceramic Tile, Laminate, Wood

    Fireplace: Living Room, Wood Burning

    Air Conditioning: Central Air, Zoned

    Exterior: Hurricane Shutters, Irrigation System, Lighting, Other, Sliding Doors, Storage

    Garage Features: Guest, On Street, Open

    Room Dimensions

    Schools

    • Elementary: Southside Elementary
    • Middle: Booker Middle
    • High: Booker High
    • Map
    • Walk Score
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