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Off market
  • $2,393,400

    378 Canal Rd, Sarasota, FL 34242

    8beds
    3,908sqft
    Duplex
    Built in 1948
    -- sqft lot
    $2,393,400 Zestimate®
    $612/sqft
    $17,949 Estimated rent

    Home value

    $2,393,400

    $2.03M - $2.78M

    $17,949/mo

    Zestimate® history
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    What's special

    SIESTA KEY - INCOME PRODUCING - 14,159 SF OF LAND - TWO BUILDABLE LOTS - CLOSE TO SIESTA BEACH / SIESTA VILLAGE: If your dream has been to operate income producing property on "Siesta Key" take some time to review this RARE property listing. Situated very close to both "Siesta Key Beach" and "Siesta Key Village", this 4 unit rental property yields and estimated $200K +/- annually. The property has many amenities including but not limited to a beautiful pool / pool area and a separate office space for manager / housekeeping / other. Parking for all units is right on site. The property boasts many returning guests and already has a very well run property management system in place. As they say; "a picture says a thousand words", enjoy scrolling through our property photos and watching our virtual tour as part of this listing. We are ready for your showing requests and subsequent visits.

    This property is not currently displayed as for sale or rent on Zillow. This may be different from what's on other websites or public sources.

    Originating MLS: Sarasota - Manatee

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 8
    • Bathrooms: 7
    • Full bathrooms: 7
    Heating
    • Other
    Cooling
    • Central, Other
    Appliances
    • Included: Dishwasher, Dryer, Freezer, Garbage disposal, Microwave, Range / Oven, Refrigerator, Washer
    • Laundry: Other, Outside, Laundry Room
    Features
    • Ceiling Fans(s), Kitchen/Family Room Combo, Solid Surface Counters, Living Room/Dining Room Combo, Eating Space In Kitchen, Other, Master Bedroom Downstairs, Window Treatments, High Ceiling(s)
    • Flooring: Tile, Other, Laminate
    • Basement: None
    • Has fireplace: Yes
    • Fireplace features: Decorative
    Interior area
    • Structure area source: Public Records
    • Total interior livable area: 3,908 sqft

    Property

    Parking
    • Parking features: Off-street
    Features
    • Levels: Two
    • Patio & porch: Covered, Deck, Rear Porch, Screened, Front Porch, Side Porch, Other
    • Exterior features: Other
    • Pool features: Heated, In Ground, Other, Gunite, Lighting
    • Has view: Yes
    • View description: Water
    • Has water view: Yes
    • Water view: Water
    • Body of water: GRAND CANAL / GULF OF MEXICO
    Lot
    • Size: 0.32 Acres
    • Dimensions: 152 x 60 x 186 x 60
    • Features: In County, Street Paved, Oversized Lot, Sidewalk, Level/Flat, Corner Lot, Irregular Lot, CoastalConstruction Control Line, FloodZone, Flood Insurance Required, Drainage Canal, Near Marina
    Details
    • Additional structures: Shed(s), Storage, Guest House, Other, Outdoor Kitchen
    • Parcel number: 0082050061
    • Zoning: RMF1

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Duplex
    Materials
    • Wood
    • Roof: Asphalt
    Condition
    • Completed
    • Year built: 1948

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Cable Connected, Electricity Connected, Sewer Connected, Street Lights, Phone Available, Fire Hydrant, Other, Fiber Optics, Underground Utilities, Natural Gas Available

    Community & HOA

    Community
    • Security: Smoke Detector(s)
    • Subdivision: Sarasota Beach
    HOA
    • Amenities included: Dock, Laundry, Pool, Storage, Other
    Location
    • Region: Sarasota

    Financial & listing details

    • Price per square foot: $612/sqft
    • Tax assessed value: $2,000,000
    • Annual tax amount: $25,181
    • Listing terms: Cash, Conventional, Other, Private Financing Available, Lease Purchase, Lease Option
    • Ownership: Fee Simple
    • Lease term: 12 Months
    • Tenant pays: Parking Fee, AssociationFees

    Price history

    DateEventPrice
    4/2/2020Sold$1,885,000-5.7%$482/sqft
    Source: Public Record Report a problem
    3/2/2020Pending sale$1,999,000$512/sqft
    Source: RE/MAX Alliance Group #A4451415 Report a problem
    2/21/2020Price change$1,999,000-9.1%$512/sqft
    Source: RE/MAX Alliance Group #A4451415 Report a problem
    1/13/2020Price change$2,200,000+4.8%$563/sqft
    Source: RE/MAX Alliance Group #A4451415 Report a problem
    12/14/2019Price change$2,099,000-2.3%$537/sqft
    Source: RE/MAX Alliance Group #A4451415 Report a problem
    12/2/2019Price change$2,149,000-2.3%$550/sqft
    Source: RE/MAX Alliance Group #A4451415 Report a problem
    11/13/2019Listed for sale$2,199,000-12%$563/sqft
    Source: RE/MAX Alliance Group #A4451415 Report a problem
    12/14/2018Listing removed$2,499,000$639/sqft
    Source: RE/MAX ALLIANCE GROUP #A4411005 Report a problem
    8/25/2018Listed for sale$2,499,000+99.9%$639/sqft
    Source: RE/MAX ALLIANCE GROUP #A4411005 Report a problem
    2/9/2015Sold$1,250,000$320/sqft
    Source: Public Record Report a problem
    11/25/2014Sold$1,250,000-19.3%$320/sqft
    Source: Stellar MLS #A3997411 Report a problem
    6/21/2014Price change$1,549,000-8.8%$396/sqft
    Source: RE/MAX ALLIANCE GROUP #A3997388 Report a problem
    5/2/2014Listed for sale$1,699,000+25.9%$435/sqft
    Source: RE/MAX Alliance Group #A3997388 Report a problem
    12/24/2008Listing removed$1,350,000$345/sqft
    Source: Listhub #A384847 Report a problem
    9/28/2008Listed for sale$1,350,000+183.6%$345/sqft
    Source: Listhub #A384847 Report a problem
    12/28/2007Sold$476,000-65.6%$122/sqft
    Source: Public Record Report a problem
    10/31/2005Sold$1,385,000+562.7%$354/sqft
    Source: Public Record Report a problem
    8/11/1993Sold$209,000-31.9%$53/sqft
    Source: Public Record Report a problem
    6/3/1993Sold$307,000$79/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$25,181 -21.5%$2,000,000 -10%
    2024$32,069 +1.9%$2,221,439 +10%
    2023$31,478 +11.3%$2,019,490 +10%
    2022$28,275 +28.7%$1,835,900 +10%
    2021$21,968 +19.5%$1,669,000 +38.8%
    2020$18,388 +21.5%$1,202,026 +10%
    2019$15,136 $1,092,751 -6.4%
    2018$15,136 +1.5%$1,167,400 +29.3%
    2017$14,909 +1647.9%$903,100 -7.3%
    2016$853 -94%$974,300 -7.5%
    2015$14,224 +14.9%$1,053,300 +43%
    2014$12,380 +8.1%$736,780
    2013$11,452 +13.6%$736,780 +10%
    2012$10,079 +1.3%$669,800 -0.4%
    2011$9,954 -6.2%$672,200 -4%
    2010$10,613 -25.5%$700,100 -11.4%
    2009$14,240 $790,500 -24.3%
    2008$14,240 -24.8%$1,044,900 -25.9%
    2007$18,932 $1,409,700 +20.6%
    2006-- $1,168,600 +5%
    2005-- $1,113,100
    Find assessor info on the county website

    Neighborhood: 34242

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Phillippi Shores Elementary
    • Middle: Brookside Middle
    • High: Sarasota High

    Source: The MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $2,393,400
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $2,393,400