24 days on rocket

506 Treasure Boat Way, Sarasota, FL, 34242

$1,995,000

Home List Price

$10,000*

Closing Credit

3 Bedrooms
3 Full Baths
1,930 SqFt
$1,034/SqFt
House

Location

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506 Treasure Boat Way, Sarasota$1,995,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingCircular Driveway, Driveway, Garage Door Opener
Attached Garage2 spaces
Year Built1971
HeatingCentral
CoolingCentral Air
WaterfrontCanal
Private PoolYes
MLS #A4630279
Lot Size0.36 Acres
StatusActive

About 506 Treasure Boat Way

REMEDIATED AND READY FOR REMODEL OR REBUILD. Embrace the ultimate tropical retreat on Siesta Key, where every day feels like a vacation. This coveted canal-front property on Treasure Boat Way, one of the island’s most desirable streets, offers a rare opportunity to create your dream home. Customize the interior or completely rebuild, this property is selling at land value. Designed by the iconic Ruth Richmond, the layout is centered around the pool and patio, providing endless possibilities for entertaining or crafting your private oasis. With a new seawall cap and quick access to the Gulf of Mexico from your private dock, this home is perfect for enjoying the best of Siesta Key’s waterfront lifestyle. Take a short stroll to the lively Siesta Key Village, where you’ll find vibrant dining, boutique shopping, live music, and nightlife—all just steps from Siesta Key, the #1 Beach in the USA. Spend your days paddleboarding through peaceful canals, jetskiing across turquoise waters, or heading out by boat to bask on sandbars, explore hidden islands, or fish in the world-renowned Gulf of Mexico. This professionally remediated, estate-sized .36-acre property with coveted southern exposure is ready for your vision. Don’t miss this rare chance to own a slice of paradise on Siesta Key—schedule your private showing today!

Property Details

Property Features

Property Information:

  • Year Built: 1971
  • Stories: 1
  • Living Area: 1,930 SqFt

Listing Office:

  • Office Name: KELLER WILLIAMS ON THE WATER S
  • Office Phone: (941) 803-7522
  • Listing Agent: Arthur Grebenuk

Interior Features

Interior Information:

  • Appliances: None
  • Flooring Type: Concrete
  • Interior: Ninguno

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Private Pool: Yes
  • Waterfront: Canal
  • Exterior: French Doors, Irrigation System

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes
  • Parking: Circular Driveway, Driveway, Garage Door Opener

Virtual/3D Tour

  • Virtual Tour: 506 Treasure Boat Way
Virtual Tour

Lot Features

Lot Information:

  • Lot Size: 0.36 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

Other

Directions Information:

  • Directions: From Higel Avenue, go east on Treasure Boat Way to home on the left.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,995,000
  • Price Per SqFt: $1,034/SqFt

Tax Information:

  • Annual Amount: $8,508
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Sarasota, FL.

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Sarasota, FL

City

Med. Sold Price

$515.5K

Med. Price/SqFt

$302

Avg. Days On Market

76

# of Sold Homes

297

506 Treasure Boat Way vs Sarasota

24 DAYS ON ROCKET

-52 Days

$1,995,000

+$1.4M More

$1,034/SqFt

+$731 More

KEY TAKEAWAY

This property is $1.4M more than the Median Sold Price and $731/SqFt more than other homes in Sarasota, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MFRMLS
  • MLS Number: #A4630279

Listing Office:

  • Office Name: KELLER WILLIAMS ON THE WATER S
  • Office Phone: (941) 803-7522
  • Listing Agent: Arthur Grebenuk

IDX Listings courtesy of Stellar MLS as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

IDX Copyright 2024 My Florida Regional Multiple Listing Service DBA Stellar MLS. The real estate listing data marked with this icon comes from the IDX program of the Stellar MLS system. All information provided is deemed reliable but is not guaranteed and should be independently verified. 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 exclusively 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. Properties displayed may be listed or sold by various participants in the MLS.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/18/2024, 10:19:58 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$8,508$636,500
2019$8,483$639,700
2018$9,209$688,078
2017$8,850$682,700

History based on county public records data.

Payment Calculator

$10K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$6,048

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-4492539
8
/10

  • Phillippi Shores Elementary School

  • 4747 S Tamiami Trl

  • 2.02 miles

  • Public Magnet Grades PK-5

school-card-donut-4492540
10
/10

  • Southside Elementary School

  • 1901 Webber St

  • 2.62 miles

  • Public District Grades PK-5

school-card-donut-4492541
6
/10

  • Gulf Gate Elementary School

  • 6500 S Lockwood Ridge Rd

  • 3.43 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $82,537. The majority of Sarasota, FL residents have income between $35k-100k annually. Typical family type is single, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 506 Treasure Boat Way

What is the listing price of this property?

The listing price of 506 Treasure Boat Way property is $1,995,000.

What type of property is this?

The property 506 Treasure Boat Way is a house located in Sarasota, Florida, 34242.

Is this property for sale now?

Active Listing: 506 Treasure Boat Way is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $8,508 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 506 Treasure Boat Way has 3 bedrooms and 3 bathrooms.

What is the square footage of this property?

The property 506 Treasure Boat Way is 1,930 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 506 Treasure Boat Way is 1971.

Rocket Homes›Florida›Sarasota County›Sarasota›34242›506 Treasure Boat Way

This home is located at 506 Treasure Boat Way in Sarasota, FL and zip code 34242 in the Siesta Key neighborhood. This 1,930 square foot home, which was built in 1971, sits on a 0.36 acre lot. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since November 23, 2024 and is currently priced at $1,995,000.

Over 12 listings were sold over their listed price in November 2024 in Sarasota, FL. In the same period over 237 listings were sold below the listed price and 48 listings were sold for the listed price. In November 2024 in Sarasota, FL there were 9.7% more homes for sale than in October 2024. In November 2024, listings were on the market for 76 days. During the same period, the median list price in this real estate market was $515,531.

From Rocket Homes Real Estate and based on county public records data.

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