$5,985,000

538 Canal Rd Sarasota, FL 34242

Estimated payment $34,628/month

Total Views 7,840
8 Beds
6.5 Baths
4,094 Sq Ft
$1,462 Price per Sq Ft

Highlights

  • Assigned Boat Slip
  • Screened Pool
  • Stone Countertops
  • Phillippi Shores Elementary School Rated A
  • Partial Gulf or Ocean Views
  • Wine Refrigerator

About This Home

Welcome to Sea Spray, a beach and boaters paradise with a private dock across the street and just a block from the famous Siesta Key beach! This eight-bedroom and six-and-a-half-bathroom home boasts a spectacular backyard built like a private waterpark with a Private Resort Style Heated Pool featuring a Rock Water Slide, Waterfall, Grotto, Swim-up bar, Sun Shelf, and Spa. Pack your bags for the best vacation ever!
Short Term Rental zoning with excellent Rental income.

Highlights
• Private Dock
• Rooftop Deck
• Beach Views
• Less than a 5-minute walk to the beach
• Private Pool with Waterslide and In-ground Spa
• Ping Pong
• Foosball table
• Convenient location near dining and shopping

The Outdoor space has a covered patio with lounge chairs, a dining table, a BBQ grill, a TV, and an incredible pool area! The game room is located just off the pool area with a ping pong table, a foosball table, and a refrigerator. Throw in a line and try your luck at fishing, or explore the bay by boat, kayaks, or paddleboards!

Listing Agent

Constantine Stratos

COLDWELL BANKER REALTY Brokerage Phone: 941-349-4411 License #3205787 Listed on: 06/16/2025

COLDWELL BANKER REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $27,241

Year Built

  • Built in 2017

Lot Details

  • 6,577 Sq Ft Lot
  • Lot Dimensions are 50x136
  • Property fronts a saltwater canal
  • East Facing Home
  • Property is zoned RMF1

Parking

  • 2 Car Attached Garage

Home Design

  • Block Foundation
  • Slab Foundation
  • Metal Roof
  • Block Exterior

Interior Spaces

  • 4,094 Sq Ft Home
  • 4-Story Property
  • Elevator
  • Wet Bar
  • Bar Fridge
  • Ceiling Fan
  • Sliding Doors
  • Family Room Off Kitchen
  • Living Room
  • Dining Room
  • Utility Room
  • Ceramic Tile Flooring
  • Partial Bay or Harbor Views

Kitchen

  • Cooktop with Range Hood
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher
  • Wine Refrigerator
  • Stone Countertops
  • Solid Wood Cabinet
  • Disposal

Bedrooms and Bathrooms

  • 8 Bedrooms
  • Walk-In Closet

Laundry

  • Laundry Room
  • Dryer
  • Washer

Pool

  • Screened Pool
  • Heated In Ground Pool
  • Heated Spa
  • In Ground Spa
  • Gunite Pool
  • Fence Around Pool
  • Outdoor Shower
  • Fiber Optic Pool Lighting

Outdoor Features

  • Access to Saltwater Canal
  • Assigned Boat Slip
  • Dock made with Composite Material
  • Balcony
  • Outdoor Grill

Utilities

  • Central Heating and Cooling System
  • Thermostat
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Sarasota Beach Community
  • Sarasota Beach Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$27,241

Year Built

Built in 2017

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Construction Materials: Block
  • Fireplace: No
  • Living Area: 4094
  • Lot Size Acres: 0.15
  • New Construction: No
  • Year Built: 2017
  • Building Area Total: 7145
  • Lot Size Sq Ft: 6577
  • Directions to Property: Ocean Blvd to Canal Rd turn left home on the left.
  • Status: Active
  • Ownership: Fee Simple
  • Available for Lease YN: 1
  • Escrow State: FL
  • List Office Head Office Key Nume: 1046393
  • Minimum Lease: No Minimum
  • RATIO Current Price By Calculate: 1461.90
  • Total Acreage: 0 to less than 1/4
  • Unit Number YN: 0
  • Water Access YN: 1
  • MFR_InLawSuiteYN: 0
  • MFR_DockDescription: Dock - Composite
  • MFR_DockYN: 1
  • Attribution Contact: 941-349-4411
  • Tax Year: 2024
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Tile
  • Full Bathrooms: 6
  • Half Bathrooms: 1
  • Interior Amenities: Ceiling Fans(s), Elevator, Kitchen/Family Room Combo, Solid Wood Cabinets, Stone Counters, Thermostat, Walk-In Closet(s), Wet Bar
  • Appliances Included: Bar Fridge, Cooktop, Dishwasher, Disposal, Dryer, Electric Water Heater, Exhaust Fan, Microwave, Range, Range Hood, Refrigerator, Washer, Wine Refrigerator
  • Foundation Details: Block, Slab
  • Total Bedrooms: 8
  • Levels: Three Or More
  • Spa Features: Heated, In Ground
  • Stories: 4
  • Street Number Modifier: 538
  • Living Area Meters: 380.34
  • Room Count: 10

Exterior Features

  • Direction Faces: East
  • Pool Features: Fiber Optic Lighting, Gunite, Heated, In Ground, Screen Enclosure
  • Exterior Features: Balcony, Outdoor Grill, Outdoor Shower, Sliding Doors
  • Roof: Metal
  • Pool Private: Yes
  • Water Body Name: GRAND CANAL
  • Waterfront: Yes
  • Road Surface Type: Asphalt
  • Water Access: Canal - Saltwater
  • Water Extras: Assigned Boat Slip
  • Water Extras YN: 1
  • Water View: Gulf/Ocean - Partial
  • Water View YN: 1
  • Waterfront Feet Total: 0
  • Additional Water Information: Private Boat Dock

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes

Utilities

  • Utilities: Electricity Connected, Sewer Connected, Water Connected
  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Association 2 YN: 0

Fee Information

  • Total Annual Fees: 0.00
  • Total Monthly Fees: 0.00

Lot Info

  • Zoning: RMF1
  • Parcel Number: 0082110076
  • Additional Parcels: No
  • Lot Dimensions: 50x136
  • Flood Zone Code: AE
  • Homestead YN: 0
  • Lot Size Square Meters: 611
  • Zoning Compatible YN: 1

Green Features

  • Green Verification Count: 0

Rental Info

  • Lease Restrictions YN: 0
  • Month To Month Or Weekly YN: 1

Tax Info

  • Tax Annual Amount: 27240.89
  • Tax Block: 1
  • Tax Book Number: 1-76
  • Tax Lot: 7

Multi Family

  • Waterfront Features: Canal - Saltwater

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $26,704 $1,861,017 -- --
2023 $26,704 $2,686,300 $1,399,200 $1,287,100
2022 $22,984 $2,193,300 $1,200,800 $992,500
2021 $17,739 $1,401,500 $693,100 $708,400
2020 $16,504 $1,271,100 $657,000 $614,100
2019 $16,144 $1,258,300 $700,100 $558,200
2018 $15,410 $1,239,300 $700,100 $539,200
2017 $6,964 $547,400 $544,700 $2,700
2016 $4,167 $320,100 $320,100 $0
2015 $3,158 $248,700 $248,700 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/16/2025 06/16/25 For Sale $5,985,000 -- $1,462 / Sq Ft
Source: Stellar MLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed $807,500 None Available
Warranty Deed $405,000 Attorney
Warranty Deed $400,000 Attorney
Warranty Deed $265,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $2,996,500 New Conventional
Previous Owner $90,000 New Conventional
Previous Owner $224,000 New Conventional
Previous Owner $238,500 No Value Available
Source: Public Records

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Source: Stellar MLS

MLS Number: A4656047

Stellar MLS

APN: 0082-11-0076