540 N Washington Dr
$1,749,000, 4 Beds 5 Baths 3,836 Sqft .37 Acres 2 Garages
About This Property
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.
Saint Armands Div John Ringling Estates
BB/HS Internet Avail, Cable Available, City Water, Electric, Private sewer, Private Utilities, Sprinkler Well
Close to Bus, Flood Zone, Garden View, Pool View, Sidewalk, Street Paved, Wooded View, In City Limits
Attic, Blinds/Shades, BuiltinFeatures, Crown Molding, Inside Utility, Smoke Alarm(s)
Built In Oven, Cook Top Only, Dishwasher, Hot Water Electric, Microwave, Refrigerator, Convection Oven, Oven - Double, Range Hood
Central, Fuel - Electric, Zoned/Multiple
Living Room, Wood Burning Fireplace
Detached, Two Story, Split Level
Fenced, Hurricane Shutters, Irrigation System, Mature Landscaping, Outdoor Lights, Patio/Porch/Deck Open, Sliding Doors, Storage, Other, Xeriscape
540 N Washington Dr, Sarasota (MLS® #A4197524) Property History
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Listing data comes from My Florida Regional MLS.
Listing information last updated on February 24th, 2018 at 12:18pm EST.