Open House Sun, Apr 28th 12:00 PM - 03:00 PM - Waterfront
Address
1718 Bay STREET, SARASOTA, FL
Price
$ 4,925,000
Property Attributes
- MLS#A4586511
- TypeSingle Family
- CountySARASOTA
- CitySARASOTA
- AreaSarasota
- NeighborhoodHudson Bayou Add
- Zip34236
- StyleCoastal
- Year Built1997
- Taxes$ 16518
- Price$ 4,925,000
- Bedrooms5
- Full Bathrooms4
- Half Bathrooms0
- Sqr Footage4015
- Lot Size0.36 Acres
Data Source:
Stellar MLS
Property 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.
| Elementary School | Middle School | High School |
|---|---|---|
| Southside Elementary | Brookside Middle | Sarasota High |
| Price History | |
|---|---|
| 10/20/2023 | Listed $5,250,000 |
| 11/15/2023 | 7% - $4,925,000 |
General Features
| Interior Features | Built-in Features,Ceiling Fan(s),Central Vacuum,Crown Molding,Dry Bar,Eating Space In Kitchen,Living Room/Dining Room Combo,PrimaryBedroom Upstairs,Open Floorplan,Solid Wood Cabinets,Split Bedroom,St |
|---|---|
| Sewer | Public Sewer |
| Heating | Central,Propane,Zoned |
| Cooling | Central Air |
| Utilities | BB/HS Internet Available,Cable Available,Cable Connected,Electricity Connected,Propane,Public,Sewer Connected,Sprinkler Well |
| Roof | Metal |
| Appliances | Convection Oven,Dishwasher,Disposal,Electric Water Heater,Exhaust Fan,Freezer,Range,Range Hood,Refrigerator |
| Exterior Features | Balcony,Irrigation System,Lighting,Sliding Doors,Sprinkler Metered |
| Zoning | RMF3 |
| Garage Spaces | 3 |
| Patio/Porch Features | Covered,Deck,Porch,Rear Porch |
| Architectural Style | Coastal |
| Pool Features | Deck,Gunite,In Ground,Lighting,Outside Bath Access,Self Cleaning |
| Construction Materials | Block,Stucco |
| Pets Allowed | Yes |
| Year Built | 1997 |
| View | Pool,Water |
| Levels | Two |
| Property SubType | Single Family Residence |
| Tax Year | 2022 |
| Percent Ownership | Fee Simple |
| Waterfront Features | Bayou,Canal - Saltwater |
| County | Sarasota |
| New Construction | No |
| Property Type | Residential |
| HOA / Comm Assn | No |
| Attached Garage | Yes |
| Subdivision Name | HUDSON BAYOU ADD |
| Facing Direction | North |
| Garage Y/N | Yes |
| Total Rooms | 13 |
| Status | Active |
| Directions | From Mound Street (US 41) go South on Osprey Avenue 1 block to Bay Street and go West to the end of the street. |
| High School | Sarasota High |
| City | SARASOTA |
| Buyer Agent Compensation | 3% |
| Body of Water | Hudson Bayou |
| Senior Community Y/N | No |
| MLS Area | 34236 - Sarasota |
| Lot Size Square Feet | 15891 |
| Private Pool | Yes |
| Waterfront Y/N | Yes |
| Carport Y/N | No |
| Street Name | Bay |
| Listing Terms | Cash,Conventional |
| Elementary School | Southside Elementary |
| Property Attached Y/N | No |
| Tax Annual Amount | 16518 |
| Middle/Junior High School | Brookside Middle |
| Property Condition | Completed |
| Public Remarks | One or more photo(s) has been virtually staged. The downtown Sarasota waterfront setting doesnt get any better. Located in a federally Qualified Opportunity Zone,the investment opportunity for this p |
| Lease Considered Y/N | Yes |
| Virtual Tour | https://listing.thehoverbureau.com/bt/1718_Bay_St.html |
| Days on Market | 190 |
| Standard Status | Active |
| Tax Lot | 8 |
| 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 & |
| Water View | Bay/Harbor - Partial,Bayou |
| Water Access Type | Bay/Harbor,Bayou |
| Minimum Lease | 1 Week |
| Additional Rooms | Den/Library/Office,Family Room,Inside Utility,Media Room |
Interior Features
| Flooring | Engineered Hardwood,Tile |
|---|---|
| Furnished Y/N | Unfurnished |
| Fireplace Features | Gas,Living Room |
| Air Conditioning Y/N | Yes |
| Heating Y/N | Yes |
| Window Features | Impact Glass/Storm Windows,Shutters,Tinted Windows |
| Fireplace Y/N | Yes |
| Full Baths | 4 |
| Street Suffix | STREET |
| Laundry Features | Inside,Laundry Room |
| Total Bedrooms | 5 |
| LivingAreaSource | Public Records |
| Total Baths | 4 |
| Living Area Units | Square Feet |
Exterior Features
| Fencing | Chain Link,Fenced |
|---|---|
| Parking Features | Driveway,Garage Door Opener |
| Lot Features | Corner Lot,City Lot,Landscaped,Near Marina,Private,Street Dead-End |
| Water Source | Public |
| Lot Size Area | 15891 |
| Foundation Details | Stem Wall |
| Spa | No |
| Building Area Total | 5260 |
| Lot Size Acres | 0.36 |
| Road Surface Type | Paved,Asphalt |
| Lot Size Units | Square Feet |
| Covered Spaces | 3 |
| Road Frontage Type | Street Dead-End,Street Paved |
| Open Parking Y/N | Yes |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Single Family Average in 34236
Price
Taxes
Visits
Year Built
Walkscore
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All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Updated on April 28, 2024 8:12 AM UTC
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© 2024 Florida Gulf Coast MLS (FGCMLS) Information deemed reliable, but not guaranteed. The IDX data relating to real estate for sale on this web site comes in part from the Florida Gulf Coast Multiple Listing Service. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
