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1718 Bay Street

Sarasota, FL 34236
  • $4,925,000
  • STATUS: Active
  • ON SITE: 133 Days
  • ID#: A4586511
UPDATED: 47 min ago
$4,925,000
  • 5
    BEDS
  • 0.36
    ACRES
  • 4
    BATHS
  • 0
    1/2 BATHS
  • 4,015
    SQFT
  • $1,227
    $/SQFT
Neighborhood:
Type:
Single-Family Home
Built:
1997
County:
Area:

School Information

Elementary School:
Middle School:
High School:

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.

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© 2024 My Florida Regional MLS DBA Stellar MLS. All rights reserved. All listings displayed pursuant to IDX. 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 consumers 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. Data last updated 2024-03-02T21:48:05.373.
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1718 Bay Street Sarasota, FL 34236

  • Price: $4,925,000
  • Status: Active
  • On Site: 133 Days
  • Updated: 47 min ago
  • ID#: A4586511
5
Beds
4
Baths
0
½ Baths
0.36
Acres
4,015
SQFT
$1,227
$/SQFT
1997
Built
Neighborhood:
Hudson Bayou Add
County:
Sarasota
Area:
Sarasota
Elementary School:
Southside Elementary
Middle School:
Brookside Middle
High School:
Sarasota High
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.
Exterior Features

Additional Water Information 220 waterfront ft. Architectural Style Coastal Attached Garage Yn Yes Carport Yn No Construction Materials BlockStucco Covered Spaces 3 Direction Faces North Exterior Features BalconyIrrigation SystemLightingSliding DoorsSprinkler Metered Fencing Chain LinkFenced Foundation Details Stem Wall Garage Dimensions 30x25 Lot Features Corner LotCity LotLandscapedNear MarinaPrivateStreet Dead-End Open Parking YN Yes Parking Features DrivewayGarage Door Opener Patio And Porch Features CoveredDeckPorchRear Porch Pool Features DeckGuniteIn GroundLightingOutside Bath AccessSelf Cleaning Pool Private Yn Yes Road Frontage Type Street Dead-EndStreet Paved Road Surface Type PavedAsphalt Roof Metal Spa YN No View PoolWater Water Access Bay/HarborBayou Water Access Yn Yes Water Body Name Hudson Bayou Water Extras Bridges - FixedLiftRiprapSeawall - Concrete Water Extras Yn Yes Water View Bay/Harbor - PartialBayou Water View Yn Yes Waterfront Features BayouCanal - Saltwater Waterfront Feet Total 440 Waterfront Yn Yes

Interior Features

Additional Rooms Den/Library/OfficeFamily RoomInside UtilityMedia Room Appliances Convection OvenDishwasherDisposalElectric Water HeaterExhaust FanFreezerRangeRange HoodRefrigerator Building Area Total 5260 Building Elevator Yn No Cooling Central Air Cooling YN Yes Fireplace Features GasLiving Room Fireplace Yn Yes Flooring Engineered HardwoodTile Furnished Unfurnished Heating CentralPropaneZoned Heating YN Yes Interior Features Built in FeaturesCeiling Fans(s)Central VaccumCrown MoldingDry BarEating Space In KitchenLiving Room/Dining Room ComboPrimaryBedroom UpstairsOpen FloorplanSolid Wood CabinetsSplit BedroomStone CountersThermostatWalk-In Closet(s) Laundry Features InsideLaundry Room Levels Two Sewer Public Sewer Water Source Public Window Features Impact Glass/Storm WindowsShuttersTinted Windows

Property Features

Additional Lease Restrictions New owner must have a Certificate of Registration from the City of Sarasota to do weekly rentals. Association Approval Required Yn No Association Yn No Cdd Yn No Down Payment Resource No Flood Zone Code AE Garage Yn Yes Homestead Yn No Lease Considered YN Yes Lease Restrictions YN No Listing Terms CashConventional Minimum Lease 1 Week New Construction Yn No Ownership Fee Simple Pets Allowed Yes Property Attached YN No Property Condition Completed Property Sub Type Single Family Residence Realtor Info Brochure AvailableSee AttachmentsShort Term Rental AllowedSurvey Available Required Remarks One or more photo(s) has been virtually staged. Senior Community Yn No Special Listing Conditions None Sw Subdiv Community Name Hudson Bayou Tax Annual Amount 16518 Total Annual Fees 0 Total Monthly Fees 0 Utilities BB/HS Internet AvailableCable AvailableCable ConnectedElectricity ConnectedPropanePublicSewer ConnectedSprinkler Well Yrs Of Owner Prior To Leasing Re No Zoning RMF3


Listing information © 2024 My Florida Regional MLS DBA Stellar MLS..
Listing provided courtesy of PREMIER SOTHEBYS INTL REALTY: 941-364-4000.



© 2024 My Florida Regional MLS DBA Stellar MLS. All rights reserved. All listings displayed pursuant to IDX. 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 consumers 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. Data last updated 2024-03-02T21:48:05.373.
 
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