26 days on rocket

940 Caloosa Dr, Sarasota, FL, 34234

$1,899,000

Home List Price

$10,000*

Closing Credit

2 Bedrooms
3 Full Baths
2,700 SqFt
$703/SqFt
House
Schools Nearby

Location

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940 Caloosa Dr, Sarasota$1,899,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingCovered, Driveway
Year Built1957
HeatingCentral, Electric
CoolingCentral Air
WaterfrontCanal
FireplaceLiving Room
ViewWater
MLS #A4608486
Lot Size0.35 Acres
StatusActive

About 940 Caloosa Dr

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.

Property Details

Property Features

Property Information:

  • Year Built: 1957
  • Stories: 1
  • Living Area: 2,700 SqFt

Listing Office:

  • Office Name: COLDWELL BANKER REALTY
  • Office Phone: (941) 383-6411
  • Listing Agent: Ryan Skrzypkowski

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range Hood, Refrigerator, Washer
  • Flooring Type: Terrazzo, Tile
  • Interior: Built-in Features, Ceiling Fans(s), Eat-in Kitchen, Kitchen/Family Room Combo, Open Floorplan, Primary Bedroom Main Floor, Thermostat, Vaulted Ceiling(s), Walk-In Closet(s)
  • Fireplace: Living Room

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Private Pool: No
  • Waterfront: Canal
  • View: Water
  • Exterior: Awning(s), French Doors, Lighting, Outdoor Shower, Rain Gutters, Sliding Doors, Storage

Parking Information:

  • Attached Garage: No
  • Parking: Covered, Driveway

Virtual/3D Tour

  • Virtual Tour: 940 Caloosa Dr

Virtual Tour

Lot Features

Lot Information:

  • Lot Size: 0.35 Acres

Utilities

Utilities Information:

  • Heating: Central, Electric
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Booker High School, Public Magnet Grades 9-12
  • Booker Middle School, Public Magnet Grades 6-8
  • Gocio Elementary School, Public District Grades PK-5

Other

Directions Information:

  • 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.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,899,000
  • Price Per SqFt: $703/SqFt

Tax Information:

  • Annual Amount: $6,048
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Sarasota, FL.

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Sarasota, FL

City

Med. Sold Price

$519K

Med. Price/SqFt

$306

Avg. Days On Market

56

# of Sold Homes

593

940 Caloosa Dr vs Sarasota

26 DAYS ON ROCKET

-30 Days

$1,899,000

+$1.3M More

$703/SqFt

+$396 More

KEY TAKEAWAY

This property is $1.3M more than the Median Sold Price and $396/SqFt more than other homes in Sarasota, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MFRMLS
  • MLS Number: #A4608486

Listing Office:

  • Office Name: COLDWELL BANKER REALTY
  • Office Phone: (941) 383-6411
  • Listing Agent: Ryan Skrzypkowski

IDX Listings courtesy of Stellar MLS as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

IDX Copyright 2024 My Florida Regional Multiple Listing Service DBA Stellar MLS. The real estate listing data marked with this icon comes from the IDX program of the Stellar MLS system. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided exclusively for consumers’ personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Properties displayed may be listed or sold by various participants in the MLS.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.

Note: Any Compensation information or listing brokers offer of compensation displayed is only applicable to other member participants of the source MLS.

Last updated on: 5/28/2024, 3:19:40 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Nov 20, 2009Home Sold
$385,000
Aug 06, 2002Home Sold
$450,000
Aug 02, 2000Home Sold
$367,000

Tax History

YEARPROP. TAXASSESSMENT
2020$6,048$395,230
2019$5,889$386,344
2018$5,791$379,140
2017$5,721$371,342

History based on county public records data.

Payment Calculator

$9,545

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$5,760

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-3765472
4
/10

  • Gocio Elementary School

  • 3450 Gocio Rd

  • 3.19 miles

  • Public District Grades PK-5

Middle School

school-card-donut-3765473
3
/10

  • Booker Middle School

  • 2250 Myrtle St

  • 1.90 miles

  • Public Magnet Grades 6-8

High School

school-card-donut-3765474
3
/10

  • Booker High School

  • 3201 N Orange Ave

  • 0.91 miles

  • Public Magnet Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $66,566. Most Sarasota, FL residents have annual incomes between $35k-100k. Residents typically live in single, no kids family. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 940 Caloosa Dr

What is the listing price of this property?

The listing price of 940 Caloosa Dr property is $1,899,000.

What type of property is this?

The property 940 Caloosa Dr is a house located in Sarasota, Florida, 34234.

Is this property for sale now?

Active Listing: 940 Caloosa Dr is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 940 Caloosa Dr are:
Gocio Elementary School: GreatSchools Rating 4/10
Booker Middle School: GreatSchools Rating 3/10
Booker High School: GreatSchools Rating 3/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $6,048 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on November 20, 2009 for $385,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 940 Caloosa Dr has 2 bedrooms and 3 bathrooms.

What is the square footage of this property?

The property 940 Caloosa Dr is 2,700 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 940 Caloosa Dr is 1957.

Rocket Homes›Florida›Sarasota County›Sarasota›34234›940 Caloosa Dr

This home is located at 940 Caloosa Dr in Sarasota, FL and zip code 34234 in the Indian Beach / Sapphire Shores neighborhood. This 2,700 square foot home, which was built in 1957, sits on a 0.35 acre lot. Features: 2 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since May 02, 2024 and is currently priced at $1,899,000.

Sarasota, FL housing market in April 2024 saw over 41 listings sold above listed price, more than 90 sold at listed price and over 462 sold below. The number of listings in Sarasota, FL decreased by 1.8% between March 2024 and April 2024. The median list price of listings available in April 2024 was $519,031, while the average time on the real estate market was 56 days.

From Rocket Homes Real Estate and based on county public records data.

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