Home for sale in Saint Armands John Ringling Estates $1,749,000
540 N Washington Dr Sarasota FL 34236 Saint Armands John Ringling Estates $1,749,000
This 4 bedroom, 5 and 0 half bath located at 540 N Washington Dr, Sarasota, FL. It is currently listed for $1,749,000. This home is currently Active under the MLS#: A4197524. It is listed by Lill Denham of Sarasota Real Estate Services.The building is constructed of Block||Stucco. 540 N Washington Dr, Sarasota was built in 1951. It has a 2 for parking. The homeowners association fees are each .
540 N Washington Dr, Sarasota, FL has been on the market for 153 days. Please contact one of Forbes Property Group’s top-rated agents to see this property and to ensure you get the best price for 540 N Washington Dr, Sarasota, FL.
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.
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Lee ForbesThis property is listed by Sarasota Real Estate Services. Forbes Property Group may represent you as a Buyer's Broker.
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