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544 Canal Rd Sarasota, FL 34242

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For Sale
$4,500,000

Charming 8-plex near Siesta Key Beach with modern amenities.

Lot size:
0.28 Acres

Property Features for 544 Canal Rd

General Information

Property type
Investment
Standard status
Active
Lot size
0.28 Acres

Building Details

Year built
1948

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Listing Contact
Tim Yocum, Sr
Source: Elliman

Listing Agent: Tim Yocum, Sr

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Overview

Siesta Key Investment Opportunity

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, complemented by 8 parking spaces. Nestled within a tropical oasis, the property offers a blend of comfort and natural beauty. The common area courtyard is centered around a heated pool and a standing waterfall. Adjacent to the pool are two screened communal areas: a game room equipped with a TV, ping pong table, pool table, arcade games, washer/dryers, and a restroom with shower, and a lanai featuring a sectional sitting area with a TV, fire pit, and 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 and provides access to the Siesta Key Grand Canal. The interiors feature new modern finishes, appliances, and furnishings, with each room decorated in a coastal theme. Interior spaces can be combined by an interior door. The property is located near Siesta Key Village shops, restaurants, and entertainment, with a free trolley stop around the corner. This turnkey property is in like-new condition and presents an investment opportunity.
Location Intelligence

Current Use by Public Records

The Wildflower Hotel & Motel

Suggested Use

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

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

Location Insight

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City
Sarasota
County
Manatee
State
Florida
Longitude
-82.5583872
Latitude
27.2705593

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 $4,500,000.
What are key features of this property?
This property features: - Steps from Siesta Key Beach, rated #1 in USA; - Turnkey investment property in like-new condition with modern finishes, appliances, and furnishings; - 8-unit complex with heated pool, waterfall, game room, sauna, and communal areas
More about this property
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