Residential Property - Single Family Residence in Sarasota
Listing Price: $725,000 (Mortgage Calculator →)
Description of Property
A rare opportunity to acquire a beautifully restored 1940 coastal-inspired Key West style Florida bungalow positioned on an oversized 0.38-acre parcel offering future subdivision potential. Following closing, the property may be split into three separate lots, creating one residence lot with the existing home, and two additional buildable parcels—an exceptional value-add opportunity in a highly desirable Sarasota location. The turnkey furnished 3-bedroom, 1.5-bath residence blends architectural character with curated modern upgrades. Interior highlights include refinished bamboo and wood flooring, exposed wood ceiling beams, and custom cedar built-ins that enhance the home’s refined coastal Key West bungalow aesthetic. The chef’s kitchen is thoughtfully designed with solid wood cabinetry, quartz countertops, an imported Italian tile backsplash, and updated stainless steel appliances. An adjacent addition provides expanded pantry storage and a laundry area, leading to a spa-inspired primary bathroom featuring dual vanities, a freestanding soaking tub, and a walk-in rain shower. The upper level hosts a private primary suite with a generous walk-in closet with built-ins, a second bedroom, and an updated half bath, while the third bedroom is conveniently located on the main level—ideal for guest accommodations or flexible use. Outdoor living has been elevated to an almost resort-style experience, featuring a 12-foot above-ground pool/spa with custom wood decking, multiple patios finished with imported Italian crystal tile, and a lush botanical setting with over 200 plantings and mature fruit trees including banana, mango, avocado, peach, and guava. Additional amenities include a pavilion, private outdoor shower, and a firepit designed for elevated entertaining and relaxation. Significant capital improvements include a 2023 metal roof, hurricane-rated windows, 2021 HVAC system, 2022 water heater, recent connection to public water, and a 2024 well pump with filtration system also on property. The home offers insulated and drywalled interiors, newly installed wheelchair-accessible outdoor walkway paths, an extended 6+ vehicle driveway, and a 12x14 detached workshop or garage, further enhancing functional versatility. With no HOA, no deed restrictions, and no flood insurance required, this property presents an exceptional combination of lifestyle appeal and long-term investment flexibility. Ideally located just minutes from downtown Sarasota’s premier dining, shopping, and cultural attractions, this offering is well-suited for private ownership, redevelopment, or strategic portfolio expansion.


































































































Property Details At A Glance
Property Type: Residential
Property Use or Sub Type: Single Family Residence
City: Sarasota
County: Sarasota
Subdivision: Tuckers Sub
Bedrooms: 3
Bathrooms: 1
Half Baths: 1
Sq. Ft. Gross: 1,562
Sq. Ft. Living Area: 1,562
Cost per (heated) sqare foot: $464
Year built: 1940
Annual Tax: $4,798
Taxes and fees can change periodically, and other fees may apply. Please check with your Suncoasteam agent for more details.
Appliances: Water Softener
Additional Rooms: Inside Utility
Flooring: Hardwood
Green Features
Indoor Air Quality:
Green Certifications:
Green Energy Features:
Green Landscaping: Veg. (Productive) Garden
GreenWater Conservation:
Schools
Elementary School: Fruitville Elementary
Middle/Junior High School: McIntosh Middle
High School: Sarasota High
Pool & Waterfront Info
Private Pool: Yes
Pool Features: Deck
Spa Features: Above Ground
Exterior & Construction
Architectural Style: Key West
Construction: Wood Siding
Foundation: Slab
Roof: Metal
Exterior Features: Storage
Garage: Yes
Garage Spaces: 2
Parking Features: Workshop in Garage
Floors in Unit: Two
Cooling: Central Air
Heating & Fuel: Electric
Electric:
Patio & Porch Features: Patio
Security Features:
Other Structures: Workshop
View:
Fencing: Wood
Sewer: Public Sewer
Water Source: Well
Lot Information
Lot Features: Oversized Lot
Lot Size (acres): 0.38
Lot Size (sq. ft.): 16,550 square feet
Road Frontage: Street Paved
Front Exposure: West
Legal Description & Other Information
Financing Available: Conventional
Parcel Number: 0045060022
Zoning: RSF3
Pets Allowed/Pet Policies: Yes
Tax Legal Desc.: LOTS 28 & 30, TUCKERS SUB, TOGETHER WITH LOT 78, TUCKERS ADD CORRECTED PLAT OF, BEING SAME LANDS AS DESC IN ORI 2016126896
Section: 23
Range: 18
Listing courtesy of DREAMIFY REAL ESTATE LLC. The information relating to real estate for sale on this website comes in part from the My Florida Regional MLS DBA Stellar MLS. This information is provided exclusively for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS.