A Rare Piece of Sarasota History with current income of over 167,000 / yr. Four turn-key furnished residences. Three City Lots. One Extraordinary Piece of Sarasota History. Welcome to 941 Virginia Drive, a truly unique historic property originally built by John Ringling Jr., offering vintage Sarasota charm paired with modern flexibility and lucrative income. Set on three city lots, this 125-foot-long masonry residence creates an extraordinary private compound with four distinct living spaces. The main residence features two bedrooms, one and a half bathrooms, and an office or den, highlighted by timeless architectural details including stone porches, arched doorways, pecky cypress paneling, tall vaulted beamed ceilings and a wood-burning fireplace. Modern updates complement the historic character with stainless steel appliances, granite countertops, and updated fixtures. The property is designed for lifestyle, opportunity and flexibility for extended family, guests or continued successful short-term rental business. In addition to the main home, the estate includes three separate guest residences providing privacy and versatility. There are two in-law suites that feature full kitchens, a private pool, hot tub, outdoor shower, patio access and a private bathroom; one offers one bedroom and the other two bedrooms. There is an additional one-bedroom dwelling with a convenient kitchenette, private bathroom and laundry. Located just two miles north of downtown Sarasota, the property offers easy access to Lido Key, Longboat Key, St. Armands Circle, and the vibrant dining, arts, and cultural scene of downtown Sarasota. Whether you envision a private historic estate, a multi-generational compound or a unique established vacation rental business, this rare property offers exceptional character, privacy and opportunity in one of Sarasota’s most desirable locations. Don’t miss this opportunity to Own a Piece of Ringling History — A Private Sarasota Compound with Vintage Charm and Resort-Style Living.
Property Details
Property Features Property Features
MLS ID: MFRA4684540 Year Built: 1945
Appliances: Cooktop, Dishwasher, Disposal, Dryer, Gas Water Heater, Microwave, Range, Range Hood, Refrigerator, Washer Architectural Style: Florida, Mid-Century Modern
Community Features: Sidewalks Construction Materials: Block
Cooling: Central Air, Mini-Split Unit(s) Country: US
County Or Parish: Sarasota Direction Faces: South
Exterior Features: French Doors, Lighting, Outdoor Grill, Outdoor Shower, Private Yard, Rain Gutters, Sidewalk, Sliding Doors, Storage Fencing: Fenced, Wood
Fireplace Features: Living Room, Wood Burning Flooring: Carpet, Ceramic Tile
Foundation Details: Slab Furnished: Furnished
Heating: Central, Electric Laundry Features: Inside, Laundry Closet, Laundry Room
Levels: One Listing Agreement: Exclusive Right To Sell
Listing Terms: Cash, Conventional Lot Features: Corner Lot, City Limits, Landscaped, Sidewalk, Paved
Occupant Type: Tenant Other Equipment: Irrigation Equipment, Private Yard
Other Structures: Shed(s) Parking Features: Driveway
Patio And Porch Features: Enclosed, Front Porch, Rear Porch, Screened, Side Porch Pets Allowed: Yes
Pool Features: Gunite, Heated, In Ground, Lighting, Salt Water, Screen Enclosure Possession: Close Of Escrow
Property Condition: Completed Property Sub Type: Single Family Residence
Property Type: Residential Road Surface Type: Paved
Roof: Shingle Sewer: Public Sewer
Showing Requirements: Appointment Only, Listing Agent Must Accompany, ShowingTime Spa Features: Above Ground, Heated
Special Listing Conditions: None Standard Status: Active
State Or Province: FL Utilities: BB/HS Internet Available, Cable Connected, Electricity Connected, Natural Gas Connected, Public, Sewer Connected, Water Connected
Vegetation: Fruit Trees, Mature Landscaping, Oak Trees, Trees/Landscaped View: Pool, Trees/Woods
Water Source: Public Window Features: Blinds, Window Treatments
Rooms Rooms
Living Room: 26x28 ft Kitchen: 8x16 ft
Dinette: 7x8 ft Primary Bedroom: 13x14 ft
Primary Bathroom: 6x13 ft Bedroom 2: 13x13 ft
Bathroom 2: 6x6 ft Laundry: 5x10 ft
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