506 Venice Ln

Sarasota, FL 34242 View Map $4,880,000 Ask a Question
Beds5
Baths4Full11/2
Sq.Ft.6,336
Year2008

Alan Atchley

(941) 556-9100

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Status: Sold
Property Type:Single Family Home
MLS #:A4503179
Sq. Feet:6,336
Date Sold:4/5/2022
Lot Size:11,013 Sq. Ft.
County:Sarasota
Monthly HOA:$17
BACK ON THE MARKET! Absolutely Stunning British West Indies style home, located on Siesta Key with the #1 voted Beach in the USA. Waterfront property on the Grand Canal for easy access to the Sarasota Bay. Large family home with over 6800 square foot that offers plenty of space to entertain family and friends. Entering into the home through the leaded glass doors there are soaring 25 foot ceilings with exposed beams highlighted by a stone gas fireplace with one of kind artisan design. Gourmet chef's kitchen, open to the great room and breakfast area, presents top of the line appliances, stunning granite countertops, two toned cabinetry and a butler's pantry with pass through. Large Dining room for large gatherings. Five bedrooms w/ensuite baths. Possible 6th bedroom or bunk room or fitness room. A built-in salt water aquarium is the centerpiece of the bar area, complete with built in wine refrigeration and ice maker. The master suite on the 2nd level overlooks the Grand Canal with private access to the terrace, an expansive master closet with custom built ins, and
master bath with a central walk in shower, Jacuzzi tub and double vanities. The 3rd floor hosts a private theater room. Paradise continues in the outdoor entertaining area with pool, waterfall and wooden bridge to the large deck with boat dock and Jet Ski lift. Electric screens enclose both terraces while entertaining at the elaborate outdoor kitchen. Home is being offered Turnkey Furnished. This home is paradise on Siesta Key.

Detailed Maps

Price Change History

Date Old Price New Price Percent Change
9/2/2021$5,200,000$4,900,000-5.8%
1/7/2022$4,900,000$5,250,0007.1%
4/7/2022$5,250,000$4,880,000-7%

Community Information

Address:506 Venice Ln Sarasota, FL 34242
Area:34242 - Sarasota/Crescent Beach/Siesta Key
County:Sarasota
City:Sarasota
Body of Water:Grand Canal Of Siesta Key
Subdivision:Siestas Bayside Waterside East
Zip Code:34242

School Information

High School:Sarasota High
Middle School:Brookside Middle
Elementary School:Phillippi Shores Elementary

Architecture

Bedrooms: 5
Bathrooms: 4 Full / 1 Half
Year Built:2008
Stories:3
Style:Custom
Construction Materials: Block, Concrete, Stucco
Construction Status: Completed
Flooring Types: Brick, Carpet, Travertine, Wood
Roof: Metal
Foundation: Slab
Garage Spaces: 3
Parking Features: Driveway, Garage Door Opener, Ground Level, Oversized, Workshop in Garage

Features / Amenities

Interior Features: Built-in Features, Ceiling Fans(s), Central Vaccum, Crown Molding, Eat-in Kitchen, High Ceilings, Open Floorplan, Solid Wood Cabinets, Stone Counters, Thermostat, Tray Ceiling(s), Walk-In Closet(s), Window Treatments
Appliances: Bar Fridge, Dishwasher, Disposal, Dryer, Electric Water Heater, Ice Maker, Microwave, Range, Range Hood, Refrigerator, Washer, Wine Refrigerator
Equipment: Generator
Fireplace Features: Decorative, Gas, Living Room
Flooring: Brick, Carpet, Travertine, Wood
Laundry: Laundry Room
Spa: Heated, In Ground
Furnished: Turnkey
Additional Rooms: Family Room, Media Room
Exterior Features: Balcony, French Doors, Irrigation System, Lighting, Outdoor Grill, Outdoor Kitchen, Rain Gutters, Storage
Patio And Porch: Covered, Patio, Screened
Screened Patio / Porch / Deck: Yes
Pool: Auto Cleaner, Fiber Optic Lighting, Gunite, Heated, In Ground, Salt Water, Tile
Other Structures: Outdoor Kitchen
Window: Blinds, Shades, Window Treatments
Spa: Heated, In Ground
Garage Spaces: 3
Parking: Driveway, Garage Door Opener, Ground Level, Oversized, Workshop in Garage
Cooling: Central Air, Humidity Control, Zoned
Heating: Central
Air Conditioning: Central Air, Humidity Control, Zoned
Fireplace(s): Decorative, Gas, Living Room

Rooms

LevelSizeFeatures
Living RoomFirst20 X 20
KitchenFirst18 X 25Breakfast Bar,Closet Pantry,Cooking Island,Granite Counters,Pantry
Dining RoomFirst30 X 16
Family RoomFirst25 X 25
OfficeFirst18 X 20
Balcony/Porch/LanaiFirst45 X 20
Master BedroomSecond30 X 20
Bedroom 2Second15 X 14
Bedroom 3Second15 X 17
Bedroom 4Second14 X 15
Bedroom 5Second15 X 16
GymSecond20 X 16
Media RoomThird32 X 22

Property Features

Lot Size: 0.25 Acres / 11,013 Sq. Ft.
Lot Features: Flood Insurance Required, FloodZone, In County, Level, Paved
Waterfront: Canal - Saltwater
Vegetation: Mature Landscaping, Trees/Landscaped
View: Water
Water Frontage: Bay/Harbor, Canal - Saltwater, Gulf/Ocean
Water View: Canal
Waterfront Feet: 80
Water Name: Grand Canal Of Siesta Key
Lot #: 6
Water Extras: Dock - Composite, Dock w/Electric, Dock w/Water Supply, Lift, Seawall - Concrete
Flood Zone: AE
Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Sprinkler Meter, Water Connected
Sewer: Public Sewer
Water: Public
Road Responsibility: Public Maintained Road
Road Surface: Asphalt
Zoning:RSF2
Directions:Heading South on US 41 to Siesta Drive, make right follow Siesta Drive over the Intercoastal Bridge of Siesta Key. At light bear left on Midnight Pass Road, Go over small bridge and make a left on Dr. Then turn right on first street which is Venice Lane. Follow to 506 on the left on the Cul-de-sac
Pets Allowed: Yes
Pet Restrictions: No restriction on pets
Number of Pets: 10+
Pet Size: Extra Large (101+ Lbs.)

Tax and Financial Info

Tax Year: 2021
Tax Annual Amount: $35,006
Ownership: Fee Simple
Financing Available: Cash, Conventional
Homestead: No
Total Annual Fees: $200
Average Monthly Fees: $17
Disclosures: Seller Property Disclosure
Minimum Lease: 1 Month
Association Fee: $200 (paid Annually)
Association Amenities: Vehicle Restrictions
HOA Payment Schedule: Annually
HOA / Community Association: Required

Schools

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Listing provided courtesy of Mapp Realty & Investment Co.
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The data relating to real estate displayed on this website comes in part from the Internet Data Exchange (IDX) Program of My Florida Regional MLS DBA Stellar MLS. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. 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 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. Stellar MLS data last updated at May 24, 2022 9:30 PM EST.