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    544 Canal Rd Sarasota, FL 34242

    Sponsored
    For Sale
    $4,750,000

    Multi Family - SARASOTA, FL

    Property size:
    6,490 SF
    Lot size:
    0.28 Acres
    Days on Market:
    56
    Last Refresh:
    Jan 5 at 3:06 pm

    Property Features for 544 Canal Rd

    General Information

    Property type
    Residential Multi Family
    Standard status
    Active
    Zoning
    RMF1
    Rooms
    Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
    Bedrooms
    8
    APN
    0082110063
    Pool private
    1
    Interior features
    Ceiling Fans(s), Kitchen/Family Room Combo, Thermostat
    Exterior features
    Courtyard, Fence, Lighting, Outdoor Grill, Outdoor Shower, Sauna, Pool, Dock
    Dock
    1
    Fencing
    Fenced
    Size
    6,490 SF
    Lot size
    0.28 Acres

    Utilities

    Heating system
    Electric (Heating)
    Cooling system
    Multi Units, Wall/Window Unit(s), Window Unit(s)

    Building Details

    Year built
    1948
    Number of units
    8
    Building materials
    Block, Stucco
    Roof type
    Shingle
    Architectural style
    Other

    Coldwell Banker (813) 754-3586 [email protected]

    Listing agent Katie Cintron (941) 349-4411 License #3285436

    Listing date Nov 11, 2025

    MLS# A4657990 Listing URL

    Copyright © 2025 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Siesta Key Investment Property

    This Siesta Key investment property, known as the Wildflower, is located steps from the #1 beach in the USA. This charming 8-plex features 4 ground-level units and 4 second-level units, along with 8 parking spaces. The property is nestled within a tropical oasis and includes a common area courtyard centered around a heated pool. A standing waterfall provides tranquil sounds of nature. Adjacent to the pool are two screened communal areas. One is a game room with a TV, ping pong table, pool table, arcade games, washer/dryers, and a restroom with shower. The second lanai has a sectional sitting area with a TV and fire pit, plus a sauna. Beach and pool accessories are available for guests. A dock across the street, included with the sale, is ideal for kayak launching or fishing, with canal access to the Siesta Key Grand Canal. The interiors feature new modern finishes, appliances, and furnishings, decorated with a coastal theme. Interior spaces can be combined by an interior door. The property is a turnkey investment opportunity in like-new condition. The property is zoned RMF1 and sits on a 0.28-acre lot. The building size is 6,490 square feet. Guests can take leisurely strolls to Siesta Key Village shops, restaurants, and entertainment. The free trolley stop is also around the corner.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    The Wildflower Hotel

    Suggested Use

    Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Sarasota
    County
    Manatee
    State
    Florida
    Longitude
    -82.558342
    Latitude
    27.270468

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    FAQs

    What type of property is this?
    Apartment building - Charming 8-plex near Siesta Key Beach with modern amenities.
    Where is this apartment building located?
    The property is located at 544 Canal Rd Sarasota, FL.
    What is the asking price?
    The asking price for this property is $4,750,000.
    What are key features of this property?
    This property features: - Steps from Siesta Key Beach (ranked #1 in USA).; - Turnkey investment property in like-new condition.; - 8-unit complex with modern interiors, appliances, and furnishings.
    (941) 232-9520
    Request Owner's contact information
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    544 Canal Rd Sarasota, FL 34242
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