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340 Canal Rd; Sarasota, FL Property Details

340 Canal Rd, Sarasota, FL is a Duplex 2 Units that was built in 2005. This property is currently a cash purchase and is not for sale. Our records show that 340 Canal Rd has 4 bedrooms, and 2.5 bathrooms, and a total of 2,234 square feet. The lot size of 340 Canal Rd is 11,514 square feet.

Off market
340 Canal Rd #B Sarasota, FL 34242
$1,950,000 Listing Price
4 Beds
2.5 Baths
2,234 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Corporate
  • Owner Status: Corporate
  • Year Built: 2005
  • Purchase Price: $1,950,000
  • Est. Equity / %: $1,699,000 / 100%
  • Gross Yield: 1.338%
  • APN: 0082-05-1002
  • Situs County: Sarasota
  • Length Of Ownership: 2 years, 6 months

Rooms

  • Bedrooms: 4
  • Bathrooms: 2.5
  • Full Bathrooms: 2
  • Total Rooms: 6
  • Partial Bathrooms: 1

Structure

  • Building Style: Masonry
  • Floor Cover Type: Carpet
  • Stories: 2
  • Exterior Wall Type: Stucco
  • Interior Wall Type: Gypsum Board (Drywall, Sheetrock, etc.)
  • Building Condition: Average
  • Building Quality: B-
  • Roof Type: Hip
  • Pool Type: Yes
  • Roof Cover Type: Concrete
  • Sewer Type: Municipal
  • Water Source: Municipal

Measurements

  • Total: 2,234/SqFt
  • Lot: 11,514/SqFt
  • Gross: 2,798/SqFt
  • Garage: 564/SqFt
  • Living: 2,234/SqFt
  • Building: 2,798/SqFt
  • Ground: 1,363/SqFt
  • Price Per Square Foot: $872.87

Legal Description

  • Description: UNIT B, CANAL VILLAS
Building Insights

Land Information

  • Property Type: Duplex 2 Units
  • Within Flood Zone: True
  • Flood Zone: AE / High Risk
  • School District: Sarasota County School District
  • Lat / Lon: 27.27454 / -82.56257
  • Subdivision: Canal Villas
  • Property Class: Residential
  • Zoning: RMF1
  • County Use Code: 0402

Amenities

  • Pool: true
  • Plus Four: 3336
  • Bathroom Fixtures: 2
  • Cooling: Central
  • Garage: Attached Garage
  • Heating: Central
  • Parking: 2

HOA

  • H O A One: $500
  • H O A Amount: $500
  • H O A One Frequency: Annual
  • H O A One Name: Canal Villas Condo Assn Inc
  • H O A One Type: Condo Owner Association

Ownership Info

340 Canal Rd #B has no associated ownership info
340 Canal Rd #B has no associated ownership info.

Taxes

340 Canal Rd #B has 8 associated Taxes items

340 Canal Rd, Sarasota, FL pays taxes in Sarasota County, FL. The most recent tax assessment records are from 2025 and show that the current assessed value of the property is $1,504,300. The APN we've located for 340 Canal Rd is 0082-05-1002.

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Taxes
  • Assessed Value:  $1,504,300
  • Assessed Year:  2025
  • Assessed County:  Sarasota
  • APN:  0082-05-1002
  • Tax Amount:  18010.63
  • Tax Year:  2025
  • Market Value:  1504300
  • Market Year:  2025

Tax History

340 Canal Rd #B has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $1,504,300 Land Value Improvement Value $1,504,300 Tax Amount $18,010.63 Change Rate -0.031933% Assessed CR Tax Rate +0.011973%
Year 2024 Assessed Value $1,560,900 Land Value Improvement Value $1,560,900 Tax Amount $18,604.74 Change Rate +0.065429% Assessed CR Tax Rate +0.011919%
Year 2023 Assessed Value $1,460,300 Land Value Improvement Value $1,460,300 Tax Amount $17,462.21 Change Rate +0.039288% Assessed CR Tax Rate +0.011958%
Year 2022 Assessed Value $1,393,400 Land Value Improvement Value $1,393,400 Tax Amount $16,802.09 Change Rate +0.427008% Assessed CR Tax Rate +0.012058%
Year 2021 Assessed Value $929,800 Land Value Improvement Value $929,800 Tax Amount $11,774.35 Change Rate +0.020222% Assessed CR Tax Rate +0.012663%
Year 2020 Assessed Value $891,400 Land Value Improvement Value $891,400 Tax Amount $11,540.97 Change Rate +0.083293% Assessed CR Tax Rate +0.012947%
Year 2019 Assessed Value $825,600 Land Value Improvement Value $825,600 Tax Amount $10,653.6 Change Rate +0.049753% Assessed CR Tax Rate +0.012904%
Year 2018 Assessed Value $784,800 Land Value Improvement Value $784,800 Tax Amount $10,148.67 Change Rate +0.036846% Assessed CR Tax Rate +0.012932%
Year 2017 Assessed Value $742,060 Land Value Improvement Value Tax Amount $9,788.02 Change Rate Assessed CR Tax Rate +0.01319%
Year 2016 Assessed Value $674,600 Land Value Improvement Value $674,600 Tax Amount $9,788.02 Change Rate Assessed CR Tax Rate +0.014509%
Year 2015 Assessed Value $708,300 Land Value Improvement Value $708,300 Tax Amount $9,788.02 Change Rate +0.055366% Assessed CR Tax Rate +0.013819%
Year 2014 Assessed Value $591,200 Land Value Improvement Value Tax Amount $9,274.53 Change Rate Assessed CR Tax Rate +0.015688%