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.

Essential Information

MLS® #A4197524
Full Baths5
Square Footage3,836
Year Built1951
Sub-TypeSingle Family Home

Community Information

Address540 N Washington Dr
CountySarasota County
Zip Code34236


Saint Armands Div John Ringling Estates


# of Garages2
Garages2 Car Garage
Is WaterfrontYes
Has PoolYes


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


CoolingCentral, Zoned/Multiple

Interior Features

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


ExteriorBlock, Stucco
Lot Description1/4 Acre to 21779 Sq. Ft.

Exterior Features

Fenced, Hurricane Shutters, Irrigation System, Mature Landscaping, Outdoor Lights, Patio/Porch/Deck Open, Sliding Doors, Storage, Other, Xeriscape

School Information

MiddleBooker Middle

Additional Information

Days on Market125

Listing Details

OfficeSarasota Real Estate Services

Get directions to this property:

540 N Washington Dr, Sarasota (MLS® #A4197524) Property History

Price Reduced from $1,800,000 to $1,749,000

All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified.

Listing information is provided for consumer personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law.

Listing data comes from My Florida Regional MLS.

Listing information last updated on February 24th, 2018 at 12:18pm EST.

Have a Question?

Contact Us

Follow Us