Listing Details for MLS #A4592593
5325 Avenida Del Mare, Sarasota, Fl

Residential Property - Single Family Residence in Sarasota

Listing Price: $1,045,000 (Mortgage Calculator →)Days on Market: 125

Description of Property

Your search is over. Look no further. Just 2 blocks from world-famous Siesta Key Beach, this move-in ready, mid-century gem checks ALL the boxes! 5325 Avenida Del Mare is a distinctive & charming beach house built at the height of the Sarasota School of Architecture movement. This iconic 1,700 ft² three bed, two bath home is less than a half mile to Beach Access #11 and exactly one mile to Siesta Key Village. Unmatched in terms of design, craftsmanship, quality of materials, price and location, here are just a few of the outstanding features of this unique home: Brand new roof in 2023; Freshly painted exterior; A/C is 5 years old; Updated kitchen and newer appliances in 2023; New electrical subpanel and hot water heater; New tile floors in all the bedrooms. Built in 1950, this home has had just two owners and could not be more perfect as a private winter retreat, a lucrative rental, or for your year-round personal enjoyment. A local property management company forecasts $70k in rental income, even though this pristine home has never been rented. Other features include open-beam ceilings throughout, built-in seating in the living room, and a wood-burning fireplace. Crafted from Pecky Cypress wood, the home has solid Cypress wood doors and tongue & groove paneling. Floor-to-ceiling sliding glass doors open from the living and kitchen areas to an oversized 650 sq ft front lanai which is the perfect spot for relaxing on hammocks after a day at the beach. The 640 sq ft primary bedroom has French windows and doors, ensuite bath, an alcove office area, walk-in closet and separate entrances that allow for privacy - ideal for guests or extended family. The home offers versatility, as the layout might lend itself to being configured as a 2-bedroom/1 bath at the front of the home, with the primary bedroom serving as a fully equipped “Owner’s Suite” with the installation of a kitchenette. Original finishes in the two guest bedrooms include built-in desks, dressers, and closets. A 10’ x 12’ free-standing outbuilding at the back of the property equipped with electricity can serve as an artist’s workshop or storage space. Imagine the possibilities! With the addition of paver stone walkways around the perimeter of the home, and the install of a new pool in the backyard, along with a hot tub on the side of the home steps from the guest bedrooms, you can transform the outside of this home into a tropical oasis. Rental income projection and pool plans and estimate available. Can be sold turnkey furnished.The average asking price for a 3 bedroom/2 bath single family residence in this Zip code is $1,676,099. This single family residence is listed at about 62% of the average asking price. There are 2 3 bedroom/2 bath homes between $800,000 and $1,200,000 currently listed for sale in this Zip code. See other listings like this one »