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516 Canal Rd; Sarasota, FL Property Details

516 Canal Rd, Sarasota, FL is a Duplex 2 Units that was built in 1954. This property is currently a cash purchase and is not for sale. Our records show that 516 Canal Rd has 2 bedrooms, and 3 bathrooms, and a total of 1,842 square feet. The lot size of 516 Canal Rd is 4,668 square feet.

Off market
516 Canal Rd Sarasota, FL 34242
$640,000 Listing Price
2 Beds
3 Baths
1,842 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 1954
  • Purchase Price: $1,050,000
  • Est. Equity / %: $1,505,000 / 100%
  • APN: 0082-12-0003
  • Situs County: Sarasota
  • Length Of Ownership: 5 years, 5 months

Rooms

  • Bedrooms: 2
  • Bathrooms: 3
  • Full Bathrooms: 3
  • Total Rooms: 7

Structure

  • Building Style: Wood
  • Floor Cover Type: Wood
  • Stories: 2
  • Exterior Wall Type: Wood Siding
  • Interior Wall Type: Paneling
  • Building Condition: Average
  • Building Quality: C
  • Roof Type: Hip
  • Pool Type: Yes
  • Roof Cover Type: Asphalt
  • Sewer Type: Municipal
  • Water Source: Municipal

Measurements

  • Total: 1,842/SqFt
  • Lot: 4,668/SqFt
  • Gross: 2,012/SqFt
  • Living: 1,842/SqFt
  • Building: 1,842/SqFt
  • Ground: 836/SqFt
  • Price Per Square Foot: $570.03

Legal Description

  • Description: A PART OF LOT 2 BLK 21 DESC AS FOLLOWS BEG AT TH MOST ELY COR LOT 2 TH S-36-04-W ALG SELY LINE OF SAID LOT 98.2 FT TH N-54-01-W 37.6 FT TH N-29-30-E 104.3 FT TO NELY LINE OF LOT 2 TH SELY ALG LOT
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: 27.271236 / -82.55915
  • Subdivision: Sarasota Beach
  • Property Class: Residential
  • Zoning: RMF1
  • County Use Code: 0820

Amenities

  • Pool: true
  • Plus Four: 1901
  • Cooling: Central
  • Heating: Central

HOA

  • H O A One: $75
  • H O A Amount: $75
  • H O A One Frequency: Annual
  • H O A One Type: Planned Unit Development

Ownership Info

516 Canal Rd has no associated ownership info
516 Canal Rd has no associated ownership info.

Taxes

516 Canal Rd has 10 associated Taxes items

516 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 $1,427,600. The APN we've located for 516 Canal Rd is 0082-12-0003.

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Taxes
  • Assessed Value:  $1,427,600
  • Assessed Year:  2025
  • Assessed County:  Sarasota
  • APN:  0082-12-0003
  • Assessed Land Value:  1021600
  • Market Land Value:  1021600
  • Tax Amount:  20165.79
  • Tax Year:  2024
  • Market Value:  1427600
  • Market Year:  2025

Tax History

516 Canal Rd has 11 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $1,427,600 Land Value $1,021,600 Improvement Value $406,000 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value $1,602,645 Land Value Improvement Value Tax Amount $20,165.79 Change Rate +0.092842% Assessed CR Tax Rate +0.012583%
Year 2023 Assessed Value $1,532,900 Land Value $1,155,800 Improvement Value $377,100 Tax Amount $18,452.61 Change Rate +0.114943% Assessed CR Tax Rate +0.012038%
Year 2022 Assessed Value $1,324,500 Land Value $1,059,200 Improvement Value $265,300 Tax Amount $16,550.27 Change Rate +0.527979% Assessed CR Tax Rate +0.012495%
Year 2021 Assessed Value $835,600 Land Value $611,300 Improvement Value $224,300 Tax Amount $10,831.48 Change Rate +0.11528% Assessed CR Tax Rate +0.012963%
Year 2020 Assessed Value $700,800 Land Value $574,500 Improvement Value $126,300 Tax Amount $9,711.89 Change Rate +0.014394% Assessed CR Tax Rate +0.013858%
Year 2019 Assessed Value $745,000 Land Value $613,100 Improvement Value $131,900 Tax Amount $9,574.08 Change Rate +0.06026% Assessed CR Tax Rate +0.012851%
Year 2018 Assessed Value $716,800 Land Value $524,200 Improvement Value $192,600 Tax Amount $9,029.94 Change Rate +0.514351% Assessed CR Tax Rate +0.012598%
Year 2017 Assessed Value $527,700 Land Value $272,000 Improvement Value $255,700 Tax Amount $5,962.91 Change Rate Assessed CR Tax Rate +0.0113%
Year 2016 Assessed Value $522,100 Land Value $264,700 Improvement Value $257,400 Tax Amount $5,962.91 Change Rate Assessed CR Tax Rate +0.011421%
Year 2015 Assessed Value $449,200 Land Value $257,000 Improvement Value $192,200 Tax Amount $5,962.91 Change Rate Assessed CR Tax Rate +0.013275%