Residential Property - Single Family Residence in Sarasota
SOLD for $2,750,000 on March 9, 2021
Listing Price: $2,750,000Sold Price: $2,750,000Sold Price/List Price: 100%
Sold Price/Original List Price: 101.85%
Description of Property
*** MUST SEE stunning aerial video*** When visionary circus magnate John Ringling purchased the land now known as St. Armands circle, he envisioned creating a world-class attraction comprised of luxury waterfront real estate and an abundance of shopping and dining options around the circular hub. Today, waterfront property owners on St Armands circle (of which there are only 81) have the luxury of living just steps from the famed shopping district with more than twenty eateries, affording them a blissful atmosphere of relaxed elegance in a park-like setting with palm-lined medians and tropical plantings. One of the many famous residents of this island was BJ Palmer, the Developer of Chiropractic. Dr. Palmer made this residence on the Northwest quadrant his winter home for many years. Now, for the first time in over 40 years, this historic property is being brought to market for a new owner to write the next chapter. At nearly 16,000 SF and featuring 110’ of water frontage with a dock and boathouse, this parcel offers the perfect canvas for an architect and builder to design and construct a modern masterpiece. Overlooking Pansy Bayou, a protected Manatee refuge, the property affords unparalleled privacy, unobstructed Bay views and the opportunity to marvel at the presence of Sarasota’s gentle “sea cows.” Public boating entry is not permitted into the Bayou, meaning only the 30 property owners adjacent to the Bayou are granted permission to boat through these waters. The convenient walkability and charm of this historic neighborhood make it one of the most coveted spots in Sarasota. The 1940’s ranch-style home currently on the property is rented through 6/1/21 and can continue to be rented or enjoyed by the new owners while the design process is underway. Rarely does such a marvelous piece of waterfront property come available! Don’t miss out on this once-in-a-half-century opportunity.
Property Details At A Glance
Property Type: Residential
Property Use or Sub Type: Single Family Residence
City: Sarasota
County: Sarasota
Subdivision: Saint Armands
Bedrooms: 5
Bathrooms: 5
Sq. Ft. Gross: 4,165
Sq. Ft. Living Area: 3,421
Cost per (heated) sqare foot: $804
Year built: 1947
Annual Tax: $24,516
Taxes and fees can change periodically, and other fees may apply. Please check with your Suncoasteam agent for more details.
Appliances:
- Dishwasher
- Disposal
- Dryer
- Microwave
- Range
- Refrigerator
- Washer
Accessibility Features:
Fireplace: Yes
Fireplace Features:
Window Features: Blinds, Window Treatments
Additional Rooms:
- Family Room
- Formal Dining Room Separate
- Formal Living Room Separate
Ceiling Type:
Flooring: Terrazzo
Schools
Elementary School: Southside Elementary
Middle/Junior High School: Booker Middle
High School: Booker High
Pool & Waterfront Info
Private Pool: Not specified
Pool Features:
Spa Features:
Water Front: Yes
Water Frontage: Bayou
Water Access: Yes
Water Access Type: Bayou
Water View: Bayou
Water Name: Pansy Bayou
Exterior & Construction
Architectural Style:
Construction: Block, Stucco
Foundation: Slab
Roof: Tile
Exterior Features: Balcony, Sliding Doors
Parking Features: Circular Driveway
Floors Total: 2
Floors in Unit: Two
Cooling: Central Air
Heating & Fuel: Central
Electric:
Patio & Porch Features: Patio
Security Features:
Other Structures:
View: Water
Fencing:
Sewer: Public Sewer
Water Source: Public
Community Features:
Association Amenities:
Lot Information
Lot Features: Historic District, Near Public Transit
Lot Size (acres): 0.38
Lot Size (sq. ft.): 16,530 square feet
Lot Dimensions: 148x100x149x110
Front Exposure: East
Adjoining Property:
Current Adjacent Use:
Legal Description & Other Information
Financing Available: Cash, Conventional
Parcel Number: 2014050018
Pets Allowed/Pet Policies: Yes
Tax Legal Desc.: 342 WASHINGTON DR N LOTS 23 & 24 BLK 9 ST ARMANDS DIVISION
Listing courtesy of KELLER WILLIAMS CLASSIC GROUP. 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.