1718 BAY STREET, SARASOTA, FL 34236

$4,735,000

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… Read More 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. Read Less

Courtesy of PREMIER SOTHEBYS INTL REALTY 941-364-4000

Listing Snapshot

Days Online

334

Last Updated

Sep 18, 2024

Property Type

Single Family Residence

Beds

Full Baths

Square Ft.

4,015

Lot Size

0.36 Acres

Year Built

1997

MLS Number

A4586511

30 Days Snapshot Of 34236

-24%

(avg) sold price

-24%

homes sold

-8%

(avg) days on market

Snapshot

Area Map

Additional Details

Building

Living Area Meters: 373.01, Room Count: 13, Architectural Style: "Coastal", Building Area Total: 5260, Building Area Units: Square Feet, Construction Materials: "Block", "Stucco", "Wood Frame", Direction Faces: North, Levels: "Two", Living Area: 4015, Year Built: 1997

Garage

Garage Dimensions: 30x25, Attached Garage Yn: t, Garage Spaces: 3

Water Features

Water Access: Bay/Harbor, Bayou, Water Extras: Bridges - Fixed, Lift, Riprap, Seawall - Concrete, Water View: Bay/Harbor - Partial, Bayou, Bayou Frontage: 220 Feet, Canal Salt Frontage: 220 Feet, Total Water Frontage: 440 Feet, Water Front Features: "Bayou", "Canal - Saltwater"

Interior Features

Building Elevator, Furnished: Unfurnished, Interior Features: "Built-in Features", "Ceiling Fans(s)", "Central Vaccum", "Crown Molding", "Dry Bar", "Eat-in Kitchen", "Living Room/Dining Room Combo", "PrimaryBedroom Upstairs", "Open Floorplan", "Solid Wood Cabinets", "Split Bedroom", "Stone Counters", "Thermostat", "Walk-In Closet(s)"

Lot

Lot Size Square Meters: 1476, Total Acreage: 1/4 to less than 1/2, Features: "Corner Lot", "City Limits", "Landscaped", "Near Marina", "Private", "Street Dead-End", "Paved", 0.36 acres, 15891 square feet, View: "Pool", "Water"

Utilities

Additional Water Information: 220 waterfront ft., Utilities: "BB/HS Internet Available", "Cable Available", "Cable Connected", "Electricity Connected", "Propane", "Public", "Sewer Connected", "Sprinkler Well", Water Source: "Public"

Property Access

Road Surface: "Asphalt", Road Responsibility: "Public Maintained Road"

Appliances & Equipment

Appliances: "Convection Oven", "Dishwasher", "Disposal", "Electric Water Heater", "Exhaust Fan", "Freezer", "Range", "Range Hood", "Refrigerator"

Cooling

Cooling: "Central Air"

Disclosures

Disclosures: "None"

Exterior Features

Exterior Features: "Balcony", "Irrigation System", "Lighting", "Sliding Doors", "Sprinkler Metered"

Fence

Fencing: "Chain Link", "Fenced"

Fireplaces

Fireplace Features: "Gas", "Living Room"

Floors

Flooring: "Hardwood", "Tile"

Foundation

Foundation Details: "Stem Wall"

Heating

Heating: "Central", "Propane", "Zoned"

Laundry

Laundry Features: "Inside", "Laundry Room"

Parking

Parking Features: "Driveway", "Garage Door Opener"

Pets Policy

Pets Allowed: "Yes"

Pool

Pool Features: "Deck", "Gunite", "In Ground", "Lighting", "Outside Bath Access", "Self Cleaning"

Property

Patio and Porch Features: "Covered", "Deck", "Porch", "Rear Porch", Property Condition: "Completed", Vegetation: "Mature Landscaping", Zoning: RMF3

Roof

Roof: "Metal"

Sewer

Sewer: "Public Sewer"

Windows

Window Features: "Impact Glass/Storm Windows", "Shutters", "Tinted Windows"

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