1361 16th Street, SARASOTA, FL

$525,000

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3

Beds

2

Baths

1,404

Square feet

0.24

Acres

About 1361 16th Street

Welcome to Cocoanut Bungalow, an exceptional residence located just minutes from downtown Sarasota. This property is distinguished by not one, but two structures. The detached studio serves as a versatile Airbnb, presenting an excellent opportunity for additional income, a convenient mother-in-law suite, or a stylish home office. The main structure, being used as a permanent residence, features two bedrooms and one bathroom, and has great Airbnb or long-term rental potential. The additional structure is a studio-style one-bedroom, one-bathroom unit with a remarkable rental history on Airbnb. While the home has undergone many updates, its original charm remains intact. Recent enhancements include a new roof (2020), a fully updated bathroom, upgraded appliances (2020), a completely renovated studio (2020) a partial update to the studio bathroom, new fencing, exterior doors, and landscaping, among many other improvements. Take advantage of the expansive lot to create your ideal outdoor space. This property's prime location is just 5 minutes from the new Bay Front Park, 7 minutes to downtown Sarasota, and a mere 10 minutes to Lido Beach. The combination of functionality and an ideal location makes this property the perfect match for your needs.

Features of 1361 16th Street

MLS® # A4596330
Price $525,000
Bedrooms 3
Bathrooms 2.00
Full Baths 2
Square Footage 1,404
Acres 0.24
Year Built 1940
Type Residential
Sub-Type Single Family Residence
Status Sold
Property Taxes 3,820.00
Minimum Lease 1 Week

Community Information

Address 1361 16th Street
Area Sarasota
Subdivision VALENCIA TERRACE REV
City SARASOTA
County Sarasota
State FL
Zip Code 34236

Amenities

# of Garages 1
Is Waterfront No
Has Pool No

Interior

Interior Features Ceiling Fans(s)
Appliances Cooktop, Dishwasher, Refrigerator
Heating Central
Cooling Central Air
Fireplace No
# of Stories 1

Exterior

Exterior Features Lighting, Private Mailbox, Sidewalk
Lot Description Oversized Lot
Roof Shingle
Foundation Crawlspace

School Information

Elementary Gocio Elementary
Middle Booker Middle
High Riverview High

Additional Information

Date Listed January 19th, 2024
Days on Market 56
Zoning RSF4
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeMICHAEL SAUNDERS & COMPANY

Listing Map

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