11 months on rocket

538 Canal Rd, Sarasota, FL, 34242

$6,850,000

8 Bedrooms
6 Full Baths, 1 Partial
4,094 SqFt
$1,673/SqFt
House
Schools Nearby

Location

Image provided by Mapbox

Property Highlights

Home TypeSingle Family Residence
Attached Garage2 spaces
Year Built2017
HeatingCentral
CoolingCentral Air
Private PoolYes
MLS #A4571945
Lot Size0.15 Acres
StatusActive

About 538 Canal Rd

Siesta Key Luxury Rental Property Located in Siesta Key Village and the perfect Boater's Dream House with a Private Resort Style Heated Pool for the entire family that features a Rock Water Slide, Waterfall, Grotto, Swim up bar, Sun Shelf, and Jacuzzi. This is your own waterfront home with private boat dock on the Grand Canal with Gulf Views, and on top of that, it has a mini water park in your back yard. I'ts only about 1 block to the #1 Rated Beach in the USA by Trip Advisor. This is ONE OF THE BEST Rentals on Siesta Key. Everyone will love being outside and using this pool in the great Florida Sun. What a Gorgeous new home here in Siesta Key Beach. This giant 8 bedroom 6.5 bathroom home, offers over 4550 square feet of living space. It offers ample privacy for all of our guests as it has 4 master suites with King beds and En Suite bathrooms. There are 2 additional King Bedrooms, and the remaining 2 bedrooms have a Twin over Full Bunk Bed with a Twin Pull Out Trundle and 2 sets of Twin Bunk beds. There is also a Queen Sleeper Sofa in the Living Room. It will sleep up to 22 in beds, so bring the whole family. The pool and outdoor entertaining space is perfect for a BBQ or an alternative to the Gulf of Mexico. Everyone will love the slide, I promise you that! They'll also love the Pool Room/Game Room that is located just off the Pool Area behind the Garage. This Pool Room has a refrigerator for pool beverages, a Ping Pong Table, and a Foosball Table. This home is a short walk to Siesta Key Beach and strolling distance to Downtown Siesta Key Village Area as well. So, catch some sunshine at the beach or some great live music, dining, or shopping in the Village.

Property Details

Property Features

Property Information:

  • Year Built: 2017
  • Living Area: 4,094 SqFt

Listing Office:

  • Office Name: RE/MAX ALLIANCE GROUP
  • Office Phone: (941) 349-5200
  • Listing Agent: Costa Stratos

Interior Features

Interior Information:

  • Appliances: Convection Oven, Cooktop, Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Range Hood, Refrigerator, Washer, Wine Cooler
  • Flooring Type: Tile
  • Interior: Ceiling Fans(s), Elevator, Open Floorplan, Solid Wood Cabinets, Stone Counters, Walk-In Closet(s), Window Treatments

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 6
  • Total Bedroom Count: 8

Exterior Features

Exterior Information:

  • Private Pool: Yes
  • Exterior: Outdoor Shower, Sidewalk, Sliding Doors, Storage

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes

Lot Features

Lot Information:

  • Lot Size: 0.15 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Sarasota High School, Public District Grades 9-12
  • Brookside Middle School, Public District Grades 6-8
  • Phillippi Shores Elementary School, Public District Grades PK-5

Other

Directions Information:

  • Directions: Ocean Blvd to Canal Rd turn left home on the left.

Price Information

Listing Price Info

Price Summary:

  • List Price: $6,850,000
  • Price Per SqFt: $1,673/SqFt

Tax Information:

  • Annual Amount: $16,504
  • Tax Year: 2020
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Housing Market Comparison

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

Med. Sold Price

$513.2K

Med. Price/SqFt

$305

Avg. Days On Market

62

# of Sold Homes

531

538 Canal Rd vs Sarasota

331 DAYS ON ROCKET

+269 Days

$6,850,000

+$6.3M More

$1,673/SqFt

+$1.3K More

KEY TAKEAWAY

This property is $6.3M more than the Median Sold Price and $1.3K/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: #A4571945

Listing Office:

  • Office Name: RE/MAX ALLIANCE GROUP
  • Office Phone: (941) 349-5200
  • Listing Agent: Costa Stratos

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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: 4/27/2024, 11:19:17 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

Jun 21, 2016Home Sold
$807,500
Dec 16, 2015Home Sold
$405,000
Jul 15, 2009Home Sold
$400,000
Jan 12, 1999Home Sold
$265,000

Tax History

YEARPROP. TAXASSESSMENT
2020$16,504$1,271,100
2019$16,143$1,239,028
2018$15,410$1,126,389
2017$6,964$547,400

History based on county public records data.

Payment Calculator

$34.2K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$20.6K

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-1709946
8
/10
  • Phillippi Shores Elementary School

  • 4747 S Tamiami Trl

  • 2.16 miles

  • Public District Grades PK-5

Middle School

school-card-donut-1709947
5
/10
  • Brookside Middle School

  • 3636 S Shade Ave

  • 2.97 miles

  • Public District Grades 6-8

High School

school-card-donut-1709948
4
/10
  • Sarasota High School

  • 1000 S School Ave

  • 4.21 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $82,537. The most common annual income of people living in Sarasota, FL is between $35k-100k. The most common type of family is single, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 538 Canal Rd

What is the listing price of this property?

The listing price of 538 Canal Rd property is $6,850,000.

What type of property is this?

The property 538 Canal Rd is a house located in Sarasota, Florida, 34242.

Is this property for sale now?

Active Listing: 538 Canal Rd is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 538 Canal Rd are:
Phillippi Shores Elementary School: GreatSchools Rating 8/10
Brookside Middle School: GreatSchools Rating 5/10
Sarasota High School: GreatSchools Rating 4/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $16,504 (source: MLS/based on county public records data).

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

The last sale was on June 21, 2016 for $807,500. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 538 Canal Rd has 8 bedrooms and 6 full and 1 half bathrooms.

What is the square footage of this property?

The property 538 Canal Rd is 4,094 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 538 Canal Rd is 2017.
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Rocket Homes›Florida›Sarasota County›Sarasota›34242›538 Canal Rd

This home is located at 538 Canal Rd in Sarasota, FL and zip code 34242 in the Siesta Key neighborhood. This 4,094 square foot home, which was built in 2017, sits on a 0.15 acre lot. Features: 8 bedrooms, 7 bathrooms. It has been listed on Rocket Homes since June 01, 2023 and is currently priced at $6,850,000.

Sarasota, FL housing market in March 2024 saw over 30 listings sold above listed price, more than 87 sold at listed price and over 414 sold below. The number of listings in Sarasota, FL increased by 3.8% between February 2024 and March 2024. Listings spent 62 days on the market in March 2024, and had a median list price of $513,207 during the same period.

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

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