130 OGDEN STREET SARASOTA FL 34242





Overview of 130 Ogden St
Yes
Value add opportunity on the prestigious north end of siesta key!!! Step into a rare opportunity on one of the most coveted stretches of siesta key. 130 ogden street isnt just a propertyits a canvas waiting for your vision. This property is uniquely positioned within the city limits, offering the highly sought-after benefit of weekly rentalsideal for creating a one-of-a-kind vacation home that doubles as an income-producing investment. though the home did not have ample time to mature into the vacation rental space, the current owners offered the home as a vacation rental for only a couple of years, yet it generated impressive resultsgrossing over $93,000 in 2023 and more than $100,000 in just nine months of 2024. That proven rental history underscores the propertys incredible earning potential for its next owner. while the existing home did flood, the potential here is undeniable: reimagine the current residence by remodeling the existing property, or clear the way for a stunning new coastal retreat that captures the essence of island living. the prior owner invested a significant amount in a major remodel in 2020 with upgrades that included all-new plumbing in the foundation, impact-rated windows, new metal roof, a new pool and spa, and gorgeous tile floors throughout. With these improvements still in place restoring the home to its former beauty, while staying within the 50% rule is realistic and should be achievable to do under $199,980 50 which is the 50% budget from the city. If reimagining the current home, renovation requirements would include drywall, kitchen, appliances, vanities, electrical, hvac, etc. if you choose to rebuild, this property offers an exceptional location on coveted siesta key with the rare advantage of legal weekly rentals. With a maximum building height of 35 feet, a new home could capture beautiful water views, as shown in the aerials and demonstrated by the newer build directly next door. Add a rooftop deck, and the views expand even further creating a truly one-of-a-kind coastal retreat. the grounds are just as captivating as the location. On an oversized lot of more than 11,000 square feet, on a cul-d-sac street, the property is completely enclosed by a concrete privacy wall with a gated entrance, offering an executive sense of seclusion. Mature tropical landscaping frames the home in lush greenery, while a turf lawn and private putting green make the outdoor space feel like a private resort. the north end of siesta key is beloved for its convenience and location location location! With some of the most expensive real estate on siesta key located in this neighborhood, some location highlights include 0.2 miles to shell beach, 1.9 miles to siesta key village, 2.9 miles to world-famous siesta key beach, 1.8 miles to publix & southgate mall, 3 miles to southside village & sarasota memorial hospital, 4.2 miles to downtown sarasota imagine mornings spent walking on the beach, afternoons lounging by your pool, and evenings enjoying the most spectacular sunsets. this is more than a homeits an opportunity to create the lifestyle so many dream of, with a value-add property in a premier location, surrounded by pristine beaches, boutique shops, fine dining, vibrant nightlife, world-class fishing, and endless water sports. At 130 ogden street, your siesta key story is ready to be written.
This lovely single family home was built in 1960 and features 3 bedrooms, and 2 full bathrooms. This home for sale is 3,059 square feet, with 2,328 sq ft being air conditioned living space. The home has a 2 car garage and has a private swimming pool.
Directions to this property are as follows: Siesta Drive Onto Siesta Key Over The North Bridge To Right On Ogden.
Please contact your ZFC agent for more information about MLS# MFRA4662609 or any other homes for sale in Sarasota or elsewhere in the Sarasota County area.
130 Ogden St Price Calculator
The payment calculator figures for 130 Ogden St should be used as an estimate only. Loan terms including interest rate, and required downpayment will vary with each lender and/or individual. RE taxes for this home for sale are estimated based on the actual property taxes for this property for the tax year 2024 which are $16,539 but will likely change when this home sells. These estimations are calculated from a list price of $949,000 and a 25% down payment and do not include homeowners insurance which will vary greatly depending on the home characteristics and location.
Recent Home Sales near 130 Ogden St
MLS# MFRA4662609 Listing History

Map of 130 Ogden St Sarasota FL 34242
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