Listing Details for MLS # A4680208
1516 Oak Street, Sarasota, Fl 34236

Residential Property - Single Family Residence in Sarasota

Listing Price: $1,950,000Days on Market: 3

Description of Property

In the heart of desirable Burns Court in Sarasota, stands a captivating European-inspired Florida home. 1516 Oak Street offers the unique advantage of downtown walkability coupled with the privacy of a fully fenced, meticulously landscaped yard adorned with native plants. This residence provides an ideal alternative to condominium living, granting residents exclusive private outdoor space for themselves and their pets without the financial burden of monthly condominium fees. Indulge in the sun on the expansive upstairs balcony or unwind on the shaded patio. Prepare delectable charcuterie boards in the well-appointed kitchen, perfect for hosting happy hour gatherings, dinner parties, garden parties, or brunches. Each restful bedroom is equipped with an ensuite bathroom, ensuring privacy and convenience. Situated conveniently near the Saturday Farmers Market, a variety of local restaurants, and the Sarasota Bayfront, this exceptional property offers unparalleled potential. Currently arranged as a fully furnished duplex, it also presents remarkable versatility as a family compound, an income-generating investment, or a potential conversion into a spacious single-family home. The owner has invested significantly in high-quality upgrades to ensure the home’s move-in readiness, including: - A new metal roof installed in 2022 - A replaced sewer line and relined pipes in 2023 - New windows, updated electrical systems, and a new air conditioning unit completed in 2025 - A well for irrigation to maintain the lush landscaping - Natural gas connection - Off street parking for 4 cars and a storage shed - Completely fenced yard and landscape lighting. Furthermore, due to the property’s DTE zoning, there is potential to add another structure on the site, expanding the possibilities for future development. Experience a remarkable lifestyle in Burns Court. Schedule a private tour today.The average asking price for a 5 bedroom/5 bath single family residence in this Zip code is $9,233,917. This single family residence is listed at about 21% of the average asking price. This is the only 5 bedroom/5 bath single family residence between $1,600,000 and $2,200,000 currently listed for sale in this Zip code.