2726 Desoto Road, SARASOTA, FL - $1,850,000
Unique Property!!!show It , You Won't Be Disappointed. Call For Your Private Showing >
940 Caloosa Drive, SARASOTA, FL 34234
- $1,899,000MLS® # A4608486
- 2 Bedrooms
- 3 Bathrooms
- 2,700 SQ. Feet
- 1957 Year Built
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.
Price Change History for 940 Caloosa Drive, SARASOTA, FL (MLS® #A4608486)
| Date | Details | Change |
|---|---|---|
| Price Reduced from $2,000,000 to $1,899,000 |
Property
Location
- NeighborhoodWEBER SUB
- Address940 Caloosa Drive
- CitySARASOTA
- StateFL
Size And Restrictions
- Acres0.35
Improvements
- FenceNo
- SprinklerNo
Features
- ViewWater
Market
- Date ListedMay 2nd, 2024
- Days On Market15
- Estimated Payment
Interior
Bedrooms And Bathrooms
- Bedrooms2
- Bathrooms3.00
Heating And Cooling
- HeatingCentral, Electric
- Air ConditioningCentral Air
- FireplaceYes
Interior Features
- AppliancesDishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range Hood, Refrigerator, Washer
- FeaturesBuilt-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)
Building
Building Information
- Year Built1957
- # Of Stories1
- RoofMetal
Property Features
- Exterior FeaturesAwning(s), French Doors, Lighting, Outdoor Shower, Rain Gutters, Sliding Doors, Storage
Garage And Parking
- GarageCovered, Driveway
Community
Schools
- ElementaryGocio Elementary
- MiddleBooker Middle
- HighBooker High
Info
- OfficeCOLDWELL BANKER REALTY
Map & Directions
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Listing data comes from My Florida Regional MLS DBA Stellar MLS.
Listing information last updated on May 17th, 2024 at 7:49am EDT.