$3,450,000
$3,450,000
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3 Beds
3 Baths
2,573 SqFt
SOLD DATE : 08/10/2023
Key Details
Sold Price $3,450,000
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 2,573 sqft
Price per Sqft $1,340
Subdivision Saint Armands Div John Ringling Estates
MLS Listing ID A4564971
Sold Date 08/10/23
Bedrooms 3
Full Baths 3
Construction Status Financing,Inspections
HOA Y/N No
Originating Board Stellar MLS
Year Built 1949
Annual Tax Amount $29,673
Lot Size 0.290 Acres
Acres 0.29
Property Description
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. For the first time in nearly 40 years, this waterfront property is being brought to market for a new owner to write the next chapter. With over 12,000 SF of land, featuring a majestic Royal Poinciana tree, 83’ of water frontage, a newer seawall, a dock, and boat lift, 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. This historic neighborhood's convenient walkability and charm make it one of the most coveted spots in Sarasota. The ranch-style home currently on the property was completely re-built in 1986, and renovated again in 2018, with newer kitchen and baths, plus a new metal roof that year. The residence, complete with pool/spa and a fantastic screened porch overlooking the water, is in high demand for seasonal rentals and is tenant occupied through 6/30/23. The home can easily continue to be rented or enjoyed by the new owners, who will surely delight in the expansive water views, incredible sunsets, and phenomenal St. Armands Location. *** MUST SEE stunning aerial video***
Location
State FL
County Sarasota
Community Saint Armands Div John Ringling Estates
Zoning RSF2
Interior
Interior Features Ceiling Fans(s), Open Floorplan, Solid Surface Counters, Split Bedroom, Thermostat, Window Treatments
Heating Central, Electric
Cooling Central Air
Flooring Carpet, Ceramic Tile
Fireplaces Type Living Room
Fireplace true
Appliance Dishwasher, Microwave, Range, Refrigerator
Exterior
Exterior Feature French Doors, Irrigation System, Rain Gutters, Sidewalk
Fence Wood
Pool In Ground, Screen Enclosure
Utilities Available Public, Sprinkler Well
Waterfront true
Waterfront Description Bayou, Canal - Saltwater
View Y/N 1
Water Access 1
Water Access Desc Bay/Harbor,Bayou
View Water
Roof Type Metal
Attached Garage false
Garage false
Private Pool Yes
Building
Entry Level One
Foundation Slab
Lot Size Range 1/4 to less than 1/2
Sewer Public Sewer
Water Public
Structure Type Block, Stucco
New Construction false
Construction Status Financing,Inspections
Schools
Elementary Schools Southside Elementary
Middle Schools Booker Middle
High Schools Booker High
Others
Senior Community No
Ownership Fee Simple
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition None
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11923 Oak Trail Way, Richey, Florida, 34668, United States