940 CALOOSA DR Pending Save Request In-Person Tour Request Virtual Tour
Sarasota,FL 34234
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Pending
Purchase Type For Sale
Square Footage 2,700 sqft
Price per Sqft $555
Subdivision Weber Sub
MLS Listing ID A4608486
Bedrooms 2
Full Baths 3
Construction Status Inspections
HOA Y/N No
Originating Board Stellar MLS
Year Built 1957
Annual Tax Amount $8,219
Lot Size 0.350 Acres
Acres 0.35
Property Description
Under contract-accepting backup offers. The property is high and dry, with no water anywhere close to the property after the recent storm.
Discover the potential of this downtown, waterfront gem in Indian-Beach Sapphire Shores, Sarasota! Imagine the possibilities of waterfront living, boasting expansive water vistas with less than 5-minute boat ride to Sarasota Bay, offering unrestricted access with no bridges to navigate.
This property presents a dual opportunity: revitalize a 1957 mid-century home with vaulted ceilings, wood-burning fireplace and terrazzo floors, or seize the chance to develop a modern residence or additional structure on this expansive 15,149 square feet (.35 acres) site.
The existing 1957 mid-century home spans 2,700 square feet, boasting two large bedrooms, three full bathrooms, and a large storage room. Adding to the appeal is the brand new 5-ton HVAC system and a lifetime standing seam metal roof. With 33 professionally installed solar panels tied directly to the Florida Power & Light grid, you'll enjoy the added benefit of significantly reduced energy costs, monitored conveniently from your smartphone. Outside, the lush landscaping showcases one of the largest and oldest Poinciana trees in the state, alongside a magnificent live oak near the waterfront.
Situated on the north side of the vibrant downtown area, just a quick 6-minute drive away, this home is nestled within an arts district. It is conveniently located mere minutes from the bustling Rosemary District, which is now a prominent destination of its own. Your doorstep is the threshold to new developments including the new bayfront park and commercial expansions within the Quay project, enhancing the appeal and value of this locale.
The property is being offered at lot value, providing an incredible chance to "buy the lot and get the house for free." Whether you choose to restore the existing mid-century marvel or embark on a new building venture, the possibilities are enticing.
Take inspiration from the recent sale of a neighboring new build, fetching $4.75 million, or take advantage of the available plans for a renovation project. Most of the existing home is not in a flood zone, and if you choose to build new, it can be positioned completely out of the flood-zone due to recent changes in elevation requirements by FEMA.
Envision creating a bespoke waterfront home or explore the potential for a lucrative development, all within walking distance to a thriving downtown scene. This is not just a purchase; it's an opportunity to craft your future in one of Sarasota's most sought-after neighborhoods. Embrace the chance to own a piece of paradise, where culture, convenience, and coastal beauty meet.
Location
State FL
County Sarasota
Community Weber Sub
Zoning RSF2
Rooms
Other Rooms Bonus Room,Storage Rooms
Interior
Interior Features Built-in Features,Ceiling Fans(s),Eat-in Kitchen,Kitchen/Family Room Combo,Open Floorplan,Primary Bedroom Main Floor,Thermostat,Vaulted Ceiling(s),Walk-In Closet(s)
Heating Central,Electric
Cooling Central Air
Flooring Terrazzo,Tile
Fireplaces Type Living Room
Fireplace true
Appliance Dishwasher,Disposal,Dryer,Electric Water Heater,Microwave,Range Hood,Refrigerator,Washer
Laundry Laundry Closet
Exterior
Exterior Feature Awning(s),French Doors,Lighting,Outdoor Shower,Rain Gutters,Sliding Doors,Storage
Garage Covered,Driveway
Fence Wood
Utilities Available BB/HS Internet Available,Cable Connected,Sewer Connected,Solar,Water Connected
Waterfront true
Waterfront Description Canal - Brackish
View Y/N Yes
Water Access Yes
Water Access Desc Bay/Harbor,Canal - Brackish
View Water
Roof Type Metal
Porch Patio
Parking Type Covered,Driveway
Attached Garage false
Garage false
Private Pool No
Building
Story 1
Entry Level One
Foundation Slab
Lot Size Range 1/4 to less than 1/2
Sewer Public Sewer
Water Public
Structure Type Brick
New Construction false
Construction Status Inspections
Schools
Elementary Schools Gocio Elementary
Middle Schools Booker Middle
High Schools Booker High
Others
Pets Allowed Cats OK,Dogs OK,Yes
Senior Community No
Ownership Fee Simple
Acceptable Financing Cash,Conventional,VA Loan
Listing Terms Cash,Conventional,VA Loan
Special Listing Condition None