340 Canal Rd
Sarasota, FL 34242
4 bd 3 ba 2,234 sqft Built 2005 Lot 11,326 sqft condos
Most recent sale
$1,600,000
Jun 3, 2021
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Mar 5, 2024 | Sold | $1,950,000 | StellarMLS |
| Jan 1, 2024 | Listed | $2,150,000 | StellarMLS |
| Sep 1, 2023 | Listing removed | $2,150,000 | StellarMLS |
| Jul 4, 2023 | Price changed | $2,150,000 | StellarMLS |
| May 18, 2023 | Listed | $2,295,000 | StellarMLS |
| May 18, 2023 | Listing removed | $2,295,000 | StellarMLS |
| Jul 4, 2022 | Listed | $2,295,000 | MLS #A4540363 |
| Jun 3, 2021 | Sold | $1,600,000 | MLS #A4486108 |
| Feb 11, 2021 | Relisted | $1,685,000 | MLS #A4486108 |
| Jan 22, 2021 | Listing removed | $1,585,000 | StellarMLS |
| Jan 13, 2021 | Listed | $1,585,000 | MLS #A4486108 |
| Jan 7, 2020 | Sold | $1,125,000 | MLS #A4441418 |
| Sep 16, 2015 | Sold | $699,000 | MLS #A3933145 |
| Mar 1, 2012 | Sold | $699,000 | Public Record |
| Sep 29, 2011 | Price changed | $750,000 | MLS #A3933145 |
| Oct 5, 2010 | Listed | $799,900 | MLS #A3933145 |
| Jun 15, 2005 | Sold | $1,040,000 | Public Record |
| Apr 12, 2005 | Sold | $710,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $1,504,300 | — | $1,504,300 | $18,010 |
| 2023 | $1,460,300 | — | $1,460,300 | $17,462 |
| 2022 | $1,393,400 | — | $1,393,400 | $16,802 |
| 2021 | $929,800 | — | $929,800 | $11,774 |
| 2020 | $891,400 | — | $891,400 | $11,541 |
| 2019 | $825,600 | — | $825,600 | $10,654 |
| 2018 | $784,800 | — | $784,800 | $10,149 |
| 2017 | $753,900 | — | $753,900 | $9,866 |
| 2016 | $674,600 | — | $674,600 | $9,103 |
| 2015 | $708,300 | — | $708,300 | $9,788 |
| 2014 | — | — | $650,320 | $9,275 |
| 2013 | — | — | $591,200 | $8,398 |
| 2012 | — | — | $562,700 | $7,932 |
| 2011 | — | — | $583,000 | $8,067 |
| 2010 | — | — | $604,100 | $8,585 |
| 2009 | — | — | $665,800 | $9,111 |
| 2008 | — | — | $675,000 | $8,877 |
Property facts
Year built
2005
Property type
condos
Stories
3
Beds
4
Baths
3
Living area
2,234 sqft
Lot size
11,326 sqft
ZIP code
34242
City
Sarasota
Street
Canal Rd
Coordinates
27.27455, -82.56259
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$9,600
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 340 Canal Rd last sell?
340 Canal Rd most recently sold on Jun 3, 2021 for $1,600,000.
What is the current tax assessment for 340 Canal Rd?
The most recent total assessment for 340 Canal Rd (year 2025) is $1,504,300 with $18,010 in property tax.
How does 340 Canal Rd's assessment compare to its last sale price?
The current assessment is 6.0% below the last sale price of $1,600,000.
When was 340 Canal Rd built?
340 Canal Rd was built in 2005.
How does 340 Canal Rd compare to others on Canal Rd?
We track 8 other properties on Canal Rd. Browse the list under "Other properties on Canal Rd" to compare beds, baths, and sale history.
What are the property facts for 340 Canal Rd?
340 Canal Rd is a 4 bed, 3 bath, 2,234 sqft, 11,326 sqft lot condos.
Is 340 Canal Rd a flip candidate?
Yes — 340 Canal Rd appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 340 Canal Rd a tax-appeal candidate?
No — 340 Canal Rd is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
-3.1%
Implied 1-yr
-12.3%
2026 Q3
$1.63M
2026 Q4
$1.63M
ZIP 34242 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Canal Rd