$ 1,099,000
$100,000 Price cut
$ est. monthly payment
516 CANAL ROAD, Siesta Key, FL 34242  
  • 2,540 sqft

516 CANAL ROAD, Siesta Key, FL 34242  

Originally part of the Ringling Beach House compound and optimally situated directly across from beach access #9 on Siesta Key, this collection of residences is an opportunity to invest in a world-renowned coastline. Comprised of two large one-bedroom suites, nicknamed Mermaid and Marlin, the resort-style living delights with recently updated and furnished interiors. Each unit includes a kitchen fully equipped with everything needed to make a family dinner and separate dining, living and bedroom areas. Screened porches off both units allow for easy living whether entertaining or reading a good book. Amenities add to the already strong income-producing potential with a spacious pool area and outdoor grill. Walk across the street with provided beach towels, chairs and umbrellas to enjoy a day away from devices and underneath the warm sun. With an option to add a boat dock on the grand canal, you will have a true beach-to-bay property. A short walk to Siesta Village and an array of island cuisine, shopping and nightlife, the lot is your canvas to craft the ultimate getaway or continue a legacy of helping families connect with the beautiful natural splendor of the Gulf Coast.

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  • Listing Type Multi-Family
  • Listing ID A4446336
  • House Size 2,540 sqft
  • Lot Size 50x98x37x98
  • Listing Status Active
  • Year Built 1954
  • County Sarasota County
  • Subdivision Sarasota Beach
  • Units 2
  • School District 1 Phillippi Shores Elementary
  • School District 2 Brookside Middle
  • School District 3 Sarasota High
  • Zoning RMF1
  • Taxes 9030.0
  • TaxYear 2018
Listing courtesy of MICHAEL SAUNDERS & COMPANY

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Price History

Date Listed at or
9/25/2019 $1,099,000 $100,000
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