$3,500,000
$5,200,000
32.7%For more information regarding the value of a property, please contact us for a free consultation.
523 BEACH RD Sarasota, FL 34242
6,735 SqFt
Key Details
Sold Price $3,500,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 6,735 sqft
Price per Sqft $519
Subdivision Sarasota Beach
MLS Listing ID A4446354
Sold Date 01/21/20
Construction Status Other Contract Contingencies
HOA Y/N No
Year Built 1928
Annual Tax Amount $19,183
Lot Size 0.630 Acres
Acres 0.63
Lot Dimensions 75x183x60x183
Property Description
Endorsed by John Ringling himself and optimally situated directly across from beach access #9 on Siesta Key, the Ringling Beach House represents an opportunity to invest in a one-of-a-kind property located on a world-renowned coastline. Originally built in the 1920’s as staff housing for the circus empresario, the old Florida Spanish architecture stands like a historic sand castle moments away from the soft white sands of the beach. 11 resort-style accommodations with both coastal and big top inspired names – like Ringmaster and Sea Turtle – are spread out across the 4 buildings and .67 acres, delighting with recently updated and furnished interiors. Each unit includes a kitchen fully equipped with everything needed to make a family dinner, separate dining, living and bedroom areas. Some units additionally offer a washer/dryer. Amenities add to the already strong income-producing potential with two pools, outdoor grills, romantic gazebos and lush gardens. Walk across the street with provided beach towels, chairs and umbrellas to enjoy a day away from devices and underneath the warm sun. With an option to add a boat dock on the grand canal, you will have a true beach-to-bay property. A short walk to Siesta Village and an array of island cuisine, shopping and night life, the lot is your canvas to craft the ultimate getaway or continue a legacy of helping families connect with the beautiful natural splendor of the Gulf Coast.
Location
State FL
County Sarasota
Community Sarasota Beach
Zoning RMF1
Interior
Interior Features Ceiling Fans(s), Split Bedroom, Stone Counters, Vaulted Ceiling(s)
Heating Central
Cooling Central Air
Flooring Carpet, Tile
Furnishings Furnished
Fireplace true
Appliance Built-In Oven, Dishwasher, Dryer, Electric Water Heater, Exhaust Fan, Freezer, Microwave, Range, Refrigerator, Washer
Laundry Inside, Laundry Room
Exterior
Exterior Feature Balcony, Outdoor Shower
Parking Features Guest, Off Street, Open, Oversized
Utilities Available Cable Connected, Electricity Connected, Public, Sewer Connected
Water Access 1
Water Access Desc Canal - Saltwater
Roof Type Shingle
Porch Covered, Front Porch, Porch, Rear Porch
Garage false
Private Pool Yes
Building
Lot Description CoastalConstruction Control Line, Flood Insurance Required, Sidewalk
Entry Level Three Or More
Lot Size Range 1/4 Acre to 21779 Sq. Ft.
Sewer Public Sewer
Water Public
Structure Type Stucco,Wood Siding
New Construction false
Construction Status Other Contract Contingencies
Schools
Elementary Schools Phillippi Shores Elementary
Middle Schools Brookside Middle
High Schools Sarasota High
Others
Pets Allowed Yes
Senior Community No
Ownership Fee Simple
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition None
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Bought with RE/MAX ALLIANCE GROUP