116 Margaret Drive

Description

You've been waiting for this remarkably rare reasonably priced 3/2 Canal property. The canal leads straight out to the Intracoastal and then gulf access! This property needs work as well as a dock. This gives you the wonderful challenge and opportunity to make it the way you want it. Consider this your blank canvas to make it one of the nicest properties on the street. Property is located close to Pineview School, 681 and 41 or I75. The junction closest to the property has a gas station known to have the least expensive gas in the entire Sarasota area. The Nokomis public beach is just 5 minutes away. (1.7 miles). So bike or hike to the beach and next to it enjoy waterfront dining. It is home to Pops Sunset Grill, Pelican Alley, and 5 more actual water front dining areas unlike Sarasota! The property has sustained a leaking pipe between the bathroom and the kitchen. Seller believes there may be mold however we also believe that whoever buys this property is either going to demolish the property and start anew or totally gut the property and problem solved! The roof itself remained free of any damage due to Hurricane Ian and is water tight. The floor plan has an addition that is presented here as owner's suite however based on entry and size could also become a nice in law suite for an AirBnB or whatever works for you. The laundry is in the larger bathroom and it can be reconfigured to be a huge owner's bathroom or small kitchenette and bath. The possibilities are endless here...but the only known fact is they are not making more water front property like this in this specific location!