Residential Property - Condominium in Sarasota
Listing Price: $1,750,000 (Mortgage Calculator →)
Description of Property
Investor-ready Siesta Key retreat just steps from the beach! Welcome to 436 Canal Road, a rare 4-story coastal home perfectly positioned only 0.03 miles to world-famous Siesta Key Beach and a quick stroll to Siesta Key Village’s restaurants and shops. This spacious property features 4 bedrooms (top floor bedroom has 2 beds + a breakfast bar, no closet), 3.5 baths, and a rooftop deck with sweeping Gulf views, comfortably sleeping up to 12 guests — ideal for short-term rental income. Zoned for weekly rentals, this home has an estimated gross rental income potential of ~$200,000 annually. Enjoy modern construction with a functional washout-level design, elevator, multiple balconies, and open-concept living areas perfect for entertaining. Presenting an excellent opportunity for investors seeking strong cash flow and appreciation in one of Florida’s top vacation markets. Don’t miss this turnkey investment on Siesta Key — where lifestyle meets income potential!
Property Details At A Glance
Property Type: Residential
Property Use or Sub Type: Condominium
City: Sarasota
County: Sarasota
Subdivision: Siesta Villas 1
Bedrooms: 3
Bathrooms: 3
Half Baths: 1
Sq. Ft. Gross: 3,953
Sq. Ft. Living Area: 2,756
Cost per (heated) sqare foot: $635
Year built: 2002
Annual Tax: $18,955
HOA Fee: $2,497 Quarterly
Taxes and fees can change periodically, and other fees may apply. Please check with your Suncoasteam agent for more details.
- Manager
Appliances: Washer
Flooring: Travertine
Schools
Elementary School: Phillippi Shores Elementary
Middle/Junior High School: Brookside Middle
High School: Sarasota High
Pool & Waterfront Info
Private Pool: Not specified
Water Access: Yes
Water Access Type: Canal - Freshwater
Exterior & Construction
Construction: Stucco
Foundation: Slab
Roof: Tile
Exterior Features: Sliding Doors
Garage: Yes
Garage Spaces: 2
Floors Total: 4
Floors in Unit: Three Or More
Cooling: Central Air
Heating & Fuel: Central
Electric:
Patio & Porch Features:
Security Features:
Other Structures:
View:
Fencing:
Sewer: Public Sewer
Water Source: Public
Community Features: Pool
Lot Information
Front Exposure: Southeast
Legal Description & Other Information
Parcel Number: 0082126001
Pets Allowed/Pet Policies: Yes
Tax Legal Desc.: UNIT A SIESTA VILLAS 1
Listing courtesy of COLDWELL BANKER REALTY. 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.