940 Caloosa Drive

Sarasota, FL 34234

$1,789,000
Price
2
Beds
3
Baths
2,700 Sq. Ft.
$663 / Sq. Ft.
2,700
Sq. Ft.
$663
per Sq. Ft.

Description

Discover the potential of this downtown, waterfront gem in Indian-Beach Sapphire Shores, Sarasota! Imagine the possibilities of waterfront living, boasting expansive water vistas with less than 5-minute boat ride to Sarasota Bay, offering unrestricted access with no bridges to navigate. This property presents a dual opportunity: revitalize a 1957 mid-century home with vaulted ceilings, wood-burning fireplace and terrazzo floors, or seize the chance to develop a modern residence or additional structure...Discover the potential of this downtown, waterfront gem in Indian-Beach Sapphire Shores, Sarasota! Imagine the possibilities of waterfront living, boasting expansive water vistas with less than 5-minute boat ride to Sarasota Bay, offering unrestricted access with no bridges to navigate. This property presents a dual opportunity: revitalize a 1957 mid-century home with vaulted ceilings, wood-burning fireplace and terrazzo floors, or seize the chance to develop a modern residence or additional structure on this expansive 15,149 square feet (.35 acres) site. The existing 1957 mid-century home spans 2,700 square feet, boasting two large bedrooms, three full bathrooms, and a large storage room. Adding to the appeal is the brand new 5-ton HVAC system and a lifetime standing seam metal roof. With 33 professionally installed solar panels tied directly to the Florida Power & Light grid, you'll enjoy the added benefit of significantly reduced energy costs, monitored conveniently from your smartphone. Outside, the lush landscaping showcases one of the largest and oldest Poinciana trees in the state, alongside a magnificent live oak near the waterfront. Situated on the north side of the vibrant downtown area, just a quick 6-minute drive away, this home is nestled within an arts district. It is conveniently located mere minutes from the bustling Rosemary District, which is now a prominent destination of its own. Your doorstep is the threshold to new developments including the new bayfront park and commercial expansions within the Quay project, enhancing the appeal and value of this locale. The property is being offered at lot value, providing an incredible chance to "buy the lot and get the house for free." Whether you choose to restore the existing mid-century marvel or embark on a new building venture, the possibilities are enticing. Take inspiration from the recent sale of a neighboring new build, fetching $4.75 million, or take advantage of the available plans for a renovation project. Most of the existing home is not in a flood zone, and if you choose to build new, it can be positioned completely out of the flood-zone due to recent changes in elevation requirements by FEMA. Envision creating a bespoke waterfront home or explore the potential for a lucrative development, all within walking distance to a thriving downtown scene. This is not just a purchase; it's an opportunity to craft your future in one of Sarasota's most sought-after neighborhoods. Embrace the chance to own a piece of paradise, where culture, convenience, and coastal beauty meet.
  1. Listed by Ryan Skrzypkowski • COLDWELL BANKER REALTY

Property Details for 940 Caloosa Drive

Subdivision Name
WEBER SUB
Township
36S
Carport Spaces
1
View
Water
Waterfront
Yes
Water View
Canal

Location

Listing Courtesy of COLDWELL BANKER REALTY, Ryan Skrzypkowski
Add your commute
LISTING UPDATED: 06/12/2024 01:44 PM

Property Details for 940 Caloosa Drive

StatusActive
MLS #A4608486
Days on Market35
Taxes$8,220 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeResidential / Single Family Residence
Year Built1957
Lot Size0.35 AC / 15,149 SF
CountySarasota County

Location

Listing Courtesy of COLDWELL BANKER REALTY, Ryan Skrzypkowski
Add your commute

Building Information for 940 Caloosa Drive

Stories1Year Built1957Building Size-Lot Size0.35 AC / 15,149 SF

Payment Calculator

$10,448 per month

30 year fixed, 7.25% Interest

Principal and Interest

$9,763

Property Taxes

$685

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 940 Caloosa Drive

Summary
Location and General Information
  • Building Area Source: Public Records
  • Building Area Total: 3287.0
  • Building Area Units: Square Feet
  • Direction Faces: North
  • Directions: From 75-take the University exit West-Turn, left on Rt 41 (Tamiami Trl), Turn right on Sylvan Dr and it turns right into Caloosa. Follow left and arrive. Home is on the left.
  • Elementary School: Gocio Elementary
  • Middle Or Junior School: Booker Middle
  • High School: Booker High
  • Mls Major Change Type: Price Decrease
  • Listing Service: Full Service
  • Senior Community: No
  • SW Subdiv Community Name: Weber Sub
  • Unit Number: No
  • Street Number: 940
  • Street Name: CALOOSA
  • Street Suffix: DRIVE
  • State: FL
  • City: SARASOTA
Parking
  • Attached Garage: No
  • Available For Lease: Yes
  • Carport: Yes
  • Garage: No
  • Parking Features: Covered, Driveway
Taxes and HOA Information
  • Association: No
  • CDD: No
  • Tax Book Number: 412-3
  • Tax Legal Description: LOT 25, WEBER SUB, LESS BEG AT NE COR OF LOT 25, TH N-89-50-W 90.35 FT, TH S 100 FT FOR POB, TH N 100 FT, TH S-89-50-E 90.35 FT, TH S 100 FT, TH S-34-14-W 56.6 FT, TH S-52-58-W 39 FT, TH NW TO
  • Tax Lot: 25
  • Tax Year: 2023
Virtual Tour
Property
Lot Information
  • Additional Parcels: No
  • Parcel Number: 2006100007
  • Total Acreage: 1/4 to less than 1/2
  • Water Access: Bay/Harbor, Canal - Brackish
  • Water Access: Yes
  • Water Extras: Bridges - No Fixed Bridges, Seawall - Concrete
  • Water Extras: Yes
  • Water: Bridges - No Fixed Bridges, Seawall - Concrete
  • Zoning: RSF2
  • Living Area: 2700
Property and Assessments
  • Year Built Numeric: 1957
  • Flood Zone Code: X
  • Homestead: Yes
  • New Construction: No
  • Property Condition: Completed
  • Public Survey Range: 17E
  • Public Survey Section: 13
Utilities
  • Sewer: Public Sewer
  • Utilities: BB/HS Internet Available, Cable Connected, Sewer Connected, Solar, Water Connected
  • Water Source: Public
Interior and Exterior Features
Exterior Features
  • Construction Materials: Brick
  • Exterior Features: Awning(s), French Doors, Lighting, Outdoor Shower, Rain Gutters, Sliding Doors, Storage
  • Fencing: Wood
  • Foundation Details: Slab
  • Levels: One
  • Other Structures: Storage
  • Patio And Porch Features: Patio
  • Pool Private: No
  • Pool: None
  • Pool Private: No
  • Roof: Metal
  • Vegetation: Mature Landscaping, Trees/Landscaped
  • Waterfront Features: Canal - Brackish
  • Waterfront Feet Total: 0
  • Number Of Stories: 1
Interior Features
  • Bedrooms Total: 2
  • Bathrooms Full: 3
  • Additional Rooms: Bonus Room, Storage Rooms
  • Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range Hood, Refrigerator, Washer
  • Cooling: Central Air
  • Fireplace Features: Living Room
  • Fireplace: Yes
  • Flooring: Terrazzo, Tile
  • Heating: Central, Electric
  • Interior Features: Built in Features, Ceiling Fans(s), Eating Space In Kitchen, Kitchen/Family Room Combo, Open Floorplan, Primary Bedroom Main Floor, Thermostat, Vaulted Ceiling(s), Walk-In Closet(s)
  • Laundry Features: Laundry Closet
  • Living Area Source: Public Records
  • Living Area Units: Square Feet
  • Room Count: 3.0
  • Water View: Yes
  • Bathrooms Half: 0
Room 1
  • Room Level 1: First
  • Room Type 1: Kitchen
Room 2
  • Room Level 2: First
  • Room Type 2: Living Room
Room 3
  • Room Level 3: First
  • Room Type 3: Primary Bedroom
Rental
Rental Information
  • Pets Allowed: Cats OK, Dogs OK, Yes

Property History for 940 Caloosa Drive

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 940 Caloosa Drive

Taxable ValueLand-Additions-Total-
Tax Record2023$8,220 ($685 / month)
Home Facts
Beds2Baths3Total Finished SqFt2,700 SqFtAbove Grade Finished SqFt2,700 SqFtStories1Lot Size15,149 SqFtStyleSingle Family ResidenceYear Built1957Year Renovated1992ZoningRSF2CountySARASOTAAPN2006-10-0007Fireplace TypeHas Fireplace

Schools near 940 Caloosa Drive

This home is within Sarasota.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - K to 5
Rating
School
Distance
Gocio Elementary School
PublicPK to 5

Booker Middle School
Public6 to 8

Booker High School
Public9 to 12

Bay Haven School Of Basics Plus
PublicK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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940 Caloosa Drive is a single family home for sale in Sarasota, FL 34234. This property was listed for sale on April 12, 2024 by COLDWELL BANKER REALTY, it's currently listed at $1,789,000. It has been on the market for a total of 35 days and was last sold on January 18, 2022. This listing's school district is Sarasota. Nearby schools include Gocio Elementary School, Booker Middle School and Booker High School. 940 Caloosa Drive is a 2-bed, 3-bath, 2,700 sqft single family home built in 1957.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of COLDWELL BANKER REALTY, Ryan Skrzypkowski

The information is being provided in part by Southwest Florida Multiple Listing Service, Broker Reciprocity Program ("BR Program") of M.L.S. of Naples, Inc. ("Naples MLS"), under License No. NCOMPN2, and MarcoMls. Information deemed reliable but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. Copyright 2024 Southwest Florida Multiple Listing Service and MarcoMls. All Rights Reserved. The data relating to real estate for sale displayed on this website comes in part from the Broker Reciprocity Program ("BR Program") of M.L.S. of Naples, Inc. ("Naples MLS"), under License No. NCOMPN2 and MarcoMls. Properties listed with brokerage firms other than Compass are marked with the "BR House" logo. Detailed information about such properties includes the name of the brokerage firm with which the seller has listed the property. The properties displayed may not be all the properties listed with brokerage firms participating in the Naples MLS BR Program, or contained in the database compilation of Naples MLS.