$4,735,000 $26,885 est/mo Sourced by Back At You

1718 Bay St,SARASOTA, FL 34236

SARASOTA FL, 34236

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Description

One or more photo(s) has been virtually staged. The downtown Sarasota waterfront setting doesn’t get any better. Located in a federally Qualified Opportunity Zone, the investment opportunity for this property offers significant tax benefits. This 4016 square foot, 2-story home is situated on 220’ of water frontage on a Hudson Bayou peninsula. The views from the residence on the bayou are simply breathtaking. This downtown property is just minutes away from Selby Botanical Gardens, the Marina Jack bay front, Main Street, area beaches, local barrier islands, SRQ airport and everything that Sarasota so graciously offers. And the beauty about this property is that it’s been professionally renovated both inside and out; which feels as though the home is brand new. As you approach the property from the road, you're greeted by a motorized privacy gate and once you enter the elegant motor court with silver brick pavers, you have access to a 3-car, oversized garage; with tandem parking in one of the bays. On the exterior, the residence features a standing seam metal roof, new PGT impact windows and doors, anodized shade louvers on the front elevation windows, and stone stairs that lead to the grand, glass entry doors. There’s an elevated, inground pool which isn’t obstructed with a screened cage, which adds to the outdoor natural appeal. Another highlight is a covered outdoor dining area that overlooks the sundeck and water. This area is perfect for entertaining. You’ll also discover a renovated dock with Trex engineered decking and not just one, but two boat lifts. From a boating standpoint, this located offers protected water and you’re only minutes to Sarasota Bay and the open pass out to the Gulf of Mexico. And for the youngsters, there’s even a charming little tree house with big water views that's certain to make for lasting, life-long childhood memories. Inside the home you’ll find high ceilings, floors that are clad with French Oak, 8’ interior doors, a gas fireplace, contemporary wood staircase, elegant bathrooms, a stylish kitchen with white Shaker cabinetry, quartz counter-tops and Viking appliances. The pristine residence boasts 5 bedrooms with 4 ensuite bathrooms, a dedicated office that could be outfitted as a media room, and a temperature-controlled wine storage room located inside the large garage. Every room in the house is expansive and because of all of the windows, which offer privacy views, there’s an abundance of natural light cascading into the home. The primary bedroom suite is delightfully spacious and features 2 oversized walk-in wardrobe rooms, a gorgeous spa style bathroom and access to a second story covered outdoor terrace with grand water and sunset views of Hudson Bayou. A completely renovated home, on the water, in downtown Sarasota with the zip code 34236 doesn’t become available very often, but in addition to that scarcity, because it’s located in 1 of only 4 Qualified Opportunity Zones in Sarasota, you could treat this as an investment property and with the proper hold, eliminate any capital gains tax on a future resale. Speak to your investment advisor for more information about this significant tax benefit. To tour the property, contact the listing agent or your trusted real estate professional. Please see extensive property catalog attached for full property details and photos.

Details

MLS#A4586511
Listing TypeFor Sale
StyleHouse
Sub-TypeFor-sale
StatusActive
Year1997
Days On Site221
Listing Provided ByPREMIER SOTHEBYS INTL REALTY | Thomas Netzel

Features

Bed(s)5
Bath(s) 4 Total
SQ Feet4,015
Garage3
PoolYes
Story(s)2
ZoningRMF3
Acreage0.36
Water FrontYes
Property ViewPool, Water

Market Activity 34236

 Listings courtesy of Stellar MLS as distributed by MLS GRID.Based on information submitted to the MLS GRID as of May 28, 2024 at 6:30:27 AM PDT All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the “DMCA”) provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices must be sent in writing by email to DMCAnotice@MLSGrid.com. “The DMCA requires that your notice of alleged copyright infringement include the following information: (1) description of the copyrighted work that is the subject of claimed infringement; (2) description of the alleged infringing content and information sufficient to permit us to locate the content; (3) contact information for you, including your address, telephone number and email address; (4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law; (5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and (6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner’s behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.

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Learn More About This Property

StateFL
CountySarasota
CitySARASOTA
Zip Code34236
Area34236 Sarasota
SubareaHudson Bayou
Community NameHUDSON BAYOU ADD
School DistrictSarasota High
Elementary SchoolSouthside Elementary
Middle SchoolBrookside Middle
High SchoolSarasota High
Listing VS Median (in HUDSON BAYOU ADD)
Price:
$4,735,000
low | high
Med:
$1,637,000
100% of Average
SqFt:
4,015
low | high
Med:
2,067
98.530510585305% of Average
$ / SqFt:
$1,179
low | high
Med:
$787
83.262146241516% of Average
On Site:
221
low | high
Med:
151.000000
100% of Average
Sourced by Back At You
Listing Updated: May 20, 2024 at 3:38:28 AM PDT