1361 16th Street, Sarasota, FL 34236

$508,000
3
BD
2
BA
1,404
SqFt

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Sold Price
$508,000
List Price
$525,000
Status
Sold
Days on Market
6
Closing Date
Feb 20, 2024
MLS#
A4596330
Property Style
Single Family
Year Built
1940
Bedrooms
3
Bathrooms
2
Living Area
1,404
Lot Size
10,550
Acres
0.24
Total Acreage
0 to less than 1/4
Legal Subdivision Name
Valencia Terrace Rev
Community Name
Valencia Terrace
MLS Area Major
Sarasota

Property Description

Welcome to Cocoanut Bungalow, an exceptional residence located just minutes from downtown Sarasota. This property is distinguished by not one, but two structures. The detached studio serves as a versatile Airbnb, presenting an excellent opportunity for additional income, a convenient mother-in-law suite, or a stylish home office. The main structure, being used as a permanent residence, features two bedrooms and one bathroom, and has great Airbnb or long-term rental potential. The additional structure is a studio-style one-bedroom, one-bathroom unit with a remarkable rental history on Airbnb. While the home has undergone many updates, its original charm remains intact. Recent enhancements include a new roof (2020), a fully updated bathroom, upgraded appliances (2020), a completely renovated studio (2020) a partial update to the studio bathroom, new fencing, exterior doors, and landscaping, among many other improvements. Take advantage of the expansive lot to create your ideal outdoor space. This property's prime location is just 5 minutes from the new Bay Front Park, 7 minutes to downtown Sarasota, and a mere 10 minutes to Lido Beach. The combination of functionality and an ideal location makes this property the perfect match for your needs.

Additional Information

Taxes
$3820
Minimum Lease
1 Week
Location
Oversized Lot
Community Features
No Deed Restriction
Property Description
One Story
Zoning
RSF4
Interior Layout
Ceiling Fans(s)
Interior Features
Ceiling Fans(s)
Floor
Ceramic Tile, Laminate, Wood
Appliances
Cooktop, Dishwasher, Refrigerator
Utilities
Cable Available, Electricity Connected, Sewer Connected
Heating
Central
Air Conditioning
Central Air
Exterior Construction
Wood Siding
Exterior Features
Lighting, Private Mailbox, Sidewalk
Roof
Shingle
Foundation
Crawlspace
Pool
No Pool
Garage Carport
1 Car Garage
Garage Spaces
1
Elementary School
Gocio Elementary
Middle School
Booker Middle
High School
Riverview High
Fences
Fenced
Pets
Allowed
Flood Zone Code
X
Parcel ID
2025040016
Legal Description
W 1/2 LOT 15 & LOT 16 & E 10 FT LOT 17 BLK F REV PLAT OF VALENCIA TERRACE

Listing courtesy of MICHAEL SAUNDERS & COMPANY. 941-388-4447

Selling Office: GULF SHORES REALTY.

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