Thank you
Thomas Netzel
PREMIER SOTHEBYS INTL REALTY
941-364-4000
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.
Total Bedroom: 5
Total Baths: 4
Full Baths: 4
Built-in Features, Ceiling Fans(s), Central Vaccum, Crown Molding, Dry Bar, Eat-in Kitchen, Living Room/Dining Room Combo, PrimaryBedroom Upstairs, Open Floorplan, Solid Wood Cabinets, Split Bedroom, Stone Counters, Thermostat, Walk-In Closet(s)
Roof : Metal
Appliances : Convection Oven, Dishwasher, Disposal, Electric Water Heater, Exhaust Fan, Freezer, Range, Range Hood, Refrigerator
Laundry Features: Inside, Laundry Room
Metal
Flooring : Hardwood, Tile
Construction Materials : Block, Stucco
Heating: Central, Propane, Zoned
Cooling: Central Air
Water front: 1
WaterSource: Public
Year Built: 1997
Balcony, Irrigation System, Lighting, Sliding Doors, Sprinkler Metered
Construction Materials: Block, Stucco
Foundation Details: Stem Wall
Road Responsibility: Public Maintained Road
Private Pool: 1
Deck, Gunite, In Ground, Lighting, Outside Bath Access, Self Cleaning
Lot Description: Corner Lot, City Limits, Landscaped, Near Marina, Private, Street Dead-End, Paved
Lot Square Feet: 15891
Lot Acres: 0.36
Lot Size (SqMt): 1476
Property Type: Residential
Sub Type: Single Family Residence
Style: Coastal
Original List Price: $5250000
Tax Block: 8
Tax Book Number: 1-236
Tax Lot: 8
Tax Legal Description: BEG AT NE COR OF LOT 8, BLK 8, TH W ALG N LINE OF LOT 8 A DISTANCE OF 60 FT FT FOR POB TH WITH AN ANGLE OF 76-05 TO LEFT RUN 170 FT TO CONCRETE SEAWALL ON N SHORE OF HUDSON BAYOU TH RUN IN A W &
Annual Tax: $16518
Tax Year: 2022
Parcel Number: 2036070012
Driveway, Garage Door Opener
Has Garage: Yes
Garage Space: 3
Garage Dimensions: 30x25
Elementary School: Southside Elementary
Junior High School: Brookside Middle
Senior High School: Sarasota High
BB/HS Internet Available, Cable Available, Cable Connected, Electricity Connected, Propane, Public, Sewer Connected, Sprinkler Well
Sewer: Public Sewer
Water Source: Public
Subdivision: HUDSON BAYOU ADD
City: SARASOTA
Direction: From Mound Street (US 41) go South on Osprey Avenue 1 block to Bay Street and go West to the end of the street.
Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
---|---|---|---|---|---|
1469 5th Street #202, Sarasota, FL,34236 | $1,679,000 | 3 | 2 | 1,850 | 0.12 Acre |
1469 5th Street #102, Sarasota, FL,34236 | $995,000 | 2 | 2 | 1,150 | 0.12 Acre |
1469 5th Street #302, Sarasota, FL,34236 | $1,724,000 | 3 | 2 | 1,850 | 0.12 Acre |
162 Emerson Drive, Sarasota, FL,34236 | $10,000,000 | -- | -- | 20,250 | 0.46 Acre |
430 Kumquat Court #202, Sarasota, FL,34236 | $1,030,600 | 2 | 2 | 1,057 | -- |
430 Kumquat Court #308, Sarasota, FL,34236 | $1,166,100 | 2 | 3 | 1,196 | -- |
430 Kumquat Court #410, Sarasota, FL,34236 | $1,701,500 | 3 | 4 | 1,745 | -- |
1469 5th Street #304, Sarasota, FL,34236 | $1,796,000 | 3 | 3 | 1,850 | 0.12 Acre |
845 Benjamin Franklin D.., Sarasota, FL,34236 | $569,000 | 2 | 2 | 991 | -- |
35 Watergate Drive #701, Sarasota, FL,34236 | $3,300,000 | 3 | 3 | 3,751 | -- |
Disclaimer: The information being provided courtesy of MFRMLS (My Florida Regional MLS DBA Stellar MLS) as distributed by MLS GRID and is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of theMFRMLS (My Florida Regional MLS DBA Stellar MLS). ByOwner.com is not a Multiple Listing Service (MLS), nor does it offer MLS access. ByOwner.com is a broker participant of MFRMLS (My Florida Regional MLS DBA Stellar MLS). This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site.
Based on information submitted to the MLS GRID as of 05/05/2024 @ 06:20. All data is obtained from various sources and may not have been verified by the 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.
Properties displayed may be listed or sold by various participants in the MLS.
ByOwner last updated this listing 05/05/2024 @ 06:20
MLS: MFRMLS #A4586511
LISTED BY: Thomas Netzel, PREMIER SOTHEBYS INTL REALTY
SOURCE: MFRMLS (My Florida Regional MLS DBA Stellar MLS)
Buyer Agency Compensation: 3%
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.