1718 Bay Street, Sarasota, FL 34236

$4,925,000
5
BD
4
BA
4,015
SqFt
List Price
$4,925,000
Status
Active
Days on Market
134
Price Change
▼ $325,000 1700095803
MLS#
A4586511
Property Style
Single Family
Architectural Style
Coastal
Year Built
1997
Bedrooms
5
Bathrooms
4
Living Area
4,015
Lot Size
15,891
Acres
0.36
Total Acreage
1/4 to less than 1/2
Legal Subdivision Name
Hudson Bayou Add
Community Name
Hudson Bayou
MLS Area Major
Sarasota

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.

Additional Information

Taxes
$16518
Minimum Lease
1 Week
Location
Corner Lot, City Limits, Landscaped, Near Marina, Private, Street Dead-End, Paved
Community Features
No Deed Restriction
Zoning
RMF3
Interior Layout
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)
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)
Floor
Hardwood, Tile
Appliances
Convection Oven, Dishwasher, Disposal, Electric Water Heater, Exhaust Fan, Freezer, Range, Range Hood, Refrigerator
Utilities
BB/HS Internet Available, Cable Available, Cable Connected, Electricity Connected, Propane, Public, Sewer Connected, Sprinkler Well
Heating
Central, Propane, Zoned
Air Conditioning
Central Air
Fireplace Description
Gas, Living Room
Exterior Construction
Block, Stucco
Exterior Features
Balcony, Irrigation System, Lighting, Sliding Doors, Sprinkler Metered
Roof
Metal
Foundation
Stem Wall
Pool
Private
Pool Type
Deck, Gunite, In Ground, Lighting, Outside Bath Access, Self Cleaning
Garage Carport
3 Car Garage
Garage Spaces
3
Garage Features
Driveway, Garage Door Opener
Garage Dimensions
30x25
Elementary School
Southside Elementary
Middle School
Brookside Middle
High School
Sarasota High
Fences
Chain Link, Fenced
Water Name
Hudson Bayou
Water Extras
Bridges - Fixed, Lift, Riprap, Seawall - Concrete
Water View
Bay/Harbor - Partial, Bayou
Water Access
Bay/Harbor, Bayou
Water Frontage
Bayou, Canal - Saltwater
Pets
Allowed
Flood Zone Code
AE
Parcel ID
2036070012
Legal Description
BEG AT NE COR OF LOT 8, BLK 8, TH W ALG N LINE OF LOT 8 A DISTANCE OF 60 FT FT FOR POB TH WITH AN ANGLE OF 76-05 TO LEFT RUN 170 FT TO CONCRETE SEAWALL ON N SHORE OF HUDSON BAYOU TH RUN IN A W &

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