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Wade M. Berlin

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1201 Big Oak Lane
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PRICED AT ONLY: $1,890,000

Address: 1201 Big Oak Lane, SARASOTA, FL 34242

Description

Once in a lifetime opportunity for a turnkey destination vacation home OR a rare short term rental with high income production capacity! This Siesta Key, canal front, 3 bed 2 bath, coastal style home is absolutely gorgeous from the minute you walk in the door, to the moment you are on the back patio grilling some steaks, all the way until you are enjoying an after dinner drink by the heated in ground pool! Completely renovated with modern touches, an unforgettable kitchen, spacious cathedral vaulted ceilings, as well as a brand new shingle roof to come this summer with built in and paid for solar panels to keep your utility costs low! Easy, no bridge, access to the bay via canal, but youre also only a short walk from Crescent Beach! If youre looking for fun in the Siesta Key Village, you can take a short drive, a relaxing bike ride, or even the free island trolley for some oysters and crab legs whenever you like! The true rarity of this home, however, is that unlike the other homes around the key near the village, this property allows legal short term rentals for less than 7 days due to its zoning! Start making money the minute you close! During the two years when it was being rented full time, 2021 and 2022, this property was a Siesta Key gold mine and nearly made $200,000 in short term rentals alone! You can keep this gem for yourself and enjoy easy access to one of the worlds most beautiful beaches, or you can claim it as an investment that will bring in revenue immediately; that's up to you!
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  • MLS#: A4657302 ( Residential )
  • Street Address: 1201 Big Oak Lane
  • Viewed: 1
  • Price: $1,890,000
  • Price sqft: $748
  • Waterfront: Yes
  • Wateraccess: Yes
  • Waterfront Type: Canal - Saltwater
  • Year Built: 1970
  • Bldg sqft: 2526
  • Bedrooms: 3
  • Total Baths: 2
  • Full Baths: 2
  • Garage / Parking Spaces: 4
  • Days On Market: 58
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Features
Building and Construction
  • Covered Spaces: 0.00
  • Exterior Features: Hurricane Shutters
  • Fencing: Wood
  • Flooring: Ceramic Tile
  • Living Area: 1638.00
  • Roof: Shingle
Garage and Parking
  • Garage Spaces: 2.00
  • Open Parking Spaces: 0.00
Eco-Communities
  • Green Energy Efficient: Roof
  • Pool Features: Heated, In Ground
  • Water Source: Public
Utilities
  • Carport Spaces: 2.00
  • Cooling: Central Air
  • Heating: Electric
  • Sewer: Public Sewer
  • Utilities: Electricity Available, Electricity Connected, Sewer Connected, Water Available, Water Connected
Finance and Tax Information
  • Home Owners Association Fee: 0.00
  • Insurance Expense: 0.00
  • Net Operating Income: 0.00
  • Other Expense: 0.00
  • Tax Year: 2024
Other Features
  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer
  • Country: US
  • Interior Features: Cathedral Ceiling(s), Ceiling Fans(s), Eat-in Kitchen, Stone Counters, Vaulted Ceiling(s)
  • Legal Description: LOT 8 SECLUDED HARBOUR
  • Levels: One
  • Area Major: 34242 - Sarasota/Crescent Beach/Siesta Key
  • Occupant Type: Tenant
  • Parcel Number: 0106060010
  • Possession: Close Of Escrow
  • Style: Coastal
  • View: Water
  • Zoning Code: RMF2
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Wade M. Berlin