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$5,985,000

  • For Sale
  • Active
  • Single Family
  • 8 Beds
  • 6 Full Baths
  • 1 Partial Bath
  • 4,094 Sq. Ft.
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Welcome to Sea Spray, a beach and boaters paradise with a private dock across the street and just a block from the famous Siesta Key beach! This eight-bedroom and six-and-a-half-bathroom home boasts a spectacular backyard built like a private waterpark with a Private Resort Style Heated Pool featuring a Rock Water Slide, Waterfall, Grotto, Swim-up bar, Sun Shelf, and Spa. Pack your bags for the best vacation ever! Short Term Rental zoning with excellent Rental income. Highlights "¢ Private Dock "¢ Rooftop Deck "¢ Beach Views "¢ Less than a 5-minute walk to the beach "¢ Private Pool with Waterslide and In-ground Spa "¢ Ping Pong "¢ Foosball table "¢ Convenient location near dining and shopping The Outdoor space has a covered patio with lounge chairs, a dining table, a BBQ grill, a TV, and an incredible pool area! The game room is located just off the pool area with a ping pong table, a foosball table, and a refrigerator. Throw in a line and try your luck at fishing, or explore the bay by boat, kayaks, or paddleboards!

Full Property Details for 538 Canal Rd

General

  • Price: $5,985,000
  • Taxes: $27,240 (2024)
  • Status: Active
  • Type: Single Family
  • Source: MidFloridaRegionalMLS
  • MLS ID: A4656047
  • Updated: 6/16/2025
  • Added to Site: 254 day(s) ago

Rental Information

  • Min. Lease: No Minimum

Interior

  • Number of Rooms: 10
  • Interior Features: Ceiling Fan(s), Elevator, Kitchen and Family Room Combination, Solid Wood Cabinets, Stone Counters, Thermostat, Walk-In Closet(s), Wet Bar
  • Appliances: Bar Fridge, Cooktop, Dishwasher, Disposal, Dryer, Electric Water Heater, Exhaust Fan, Microwave, Range, Range Hood, Refrigerator, Washer, Wine Refrigerator
  • Flooring: Porcelain Tile

Rooms

Bathrooms

  • Total Bathrooms: 7
  • Full Bathrooms: 6
  • Half Bathrooms: 1

Bedrooms

  • Total Bedrooms: 8

Other Rooms

  • Laundry: Inside

Additional Information

  • Pool: Yes
  • Private Pool: Yes
  • Pool Description: Fiber Optic Lighting, Gunite, Heated, In Ground, Screen Enclosure
  • Spa Description: Heated, In Ground

Exterior

  • Exterior Features: Balcony, Outdoor Grill, Outdoor Shower, Sliding Doors

Parking

  • Garage: Yes
  • Attached garage: Yes
  • Garage Spaces: 2
  • Covered Spaces: 2

Location

  • Area: 34242 - Sarasota/Crescent Beach/Siesta Key
  • County: Sarasota
  • Development Name: 34242 - Sarasota/Crescent Beach/Siesta Key
  • Subdivision: SARASOTA BEACH
  • Driving Directions: Ocean Blvd to Canal Rd turn left home on the left.
  • Direction Faces: East

Community

  • Community Name: 34242 - Sarasota/Crescent Beach/Siesta Key

Heating & Cooling

  • Cooling Type: Central Air
  • Heating Type: Central

Utilities

  • Sewer: Public Sewer
  • Water District: GRAND CANAL
  • Water: Public
  • Utility Description: Electricity Connected, Sewer Connected, Water Connected

Structural Information

  • Exterior Const.: Block
  • Roof: Metal
  • Stories/Levels: Three Or More
  • Square Feet: 4,094
  • Sq. Ft. Source: Public Records
  • Year Built: 2017

Lot Features

  • Lot Size (Acres): 0.15
  • Lot Size (Sq. Ft.): 6,577
  • Lot Size: 6577
  • Lot Dimensions: 50 x 136
  • Street/Road Desc.: Asphalt

Water Features

  • Water Front: Yes
  • Water Access: Yes
  • Water Access Desc: Canal - Saltwater
  • Water Extras: Yes
  • Water Front Name: GRAND CANAL
  • Water Front Desc.: Saltwater Canal

Financial Considerations

  • Tax Amount: $27,240.89
  • Tax Year: 2024

Disclosures and Reports

  • Ownership: Fee Simple
  • Special Conditions: None
  • Legal Description: LOT 7, BLK 21, SARASOTA BEACH
  • Flood Zone Info: AE
  • APN: 82110076
  • Property ID: 82110076
  • Block/Lot/Section: 1
Buyer's Brokerage Compensation: 2.5%
Not binding unless confirmed by separate agreement among applicable parties.

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— 538 Canal Rd —

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with our affiliated lender
NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Schools serving 538 Canal Rd

School District:Sarasota County School District
NameGradesDistance
Phillippi Shores Elementary School
4747 South Tamiami Trail, Sarasota, FL 34231
PK-52.2 mi
Brookside Middle School
3636 South Shade Avenue, Sarasota, FL 34239
6-82.9 mi
Sarasota High School
2155 Bahia Vista Street, Sarasota, FL 34239
9-124.2 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 538 Canal Rd Get Price Alerts and Save Property

Date
Details
Price
Change
Source
6/16/2025
Listed
$5,985,000
641.18%
MLS
6/16/2016
Sold
$807,500
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 538 Canal Rd

Year
Property Taxes
Change
Tax Assessment
Change
2025
$19,719
-28%
$1,774,300
-33%
2024
$27,241
2%
$2,637,900
-2%
2023
$26,704
16%
$2,686,300
22%
2022
$22,984
30%
$2,193,300
56%
2021
$17,739
—
$1,401,500
10%
2021
$17,739
10%
$1,271,100
3%
2019
$16,144
5%
$1,239,028
10%
2018
$15,410
121%
$1,126,389
106%
2017
$6,964
67%
$547,400
71%
2016
$4,167
32%
$320,100
48%
2015
$3,158
-46%
$216,939
-45%
2014
$5,833
12%
$395,065
10%
2013
$5,221
—
$359,150
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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538 Canal Road, Sarasota, FL 34242 (MLS# A4656047) is a Single Family property with 8 bedrooms, 6 full bathrooms and 1 partial bathroom. 538 Canal Road is currently listed for $5,985,000 and was received on June 16, 2025. This property is listed by Constantine Stratos from our Siesta Key Office.Want to learn more about 538 Canal Road? Do you have questions about finding other Single Family real estate for sale in Sarasota? You can browse all Sarasota real estate or contact a Coldwell Banker agent to request more information.

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