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3118 KEY WAY

House Recently Sold
$560,000

BTC: 9.27152318

ETH: 351.16543027

Sold on: 2026-06-19
56 days
4 bds
2 ba
2,370 sqft

Overview

Virtually Staged. Beautifully updated 4-bedroom, 2-bath pool home in the desirable Southgate neighborhood of Sarasota offering the ideal blend of indoor comfort and outdoor Florida living. The home features a bright open layout with expansive pocket sliding glass doors that fully open to an oversized open-air pool and patio, perfect for entertaining and relaxing. The updated kitchen includes extensive custom cabinetry with built-in pantry storage and a discreetly integrated laundry area. The home offers four spacious bedrooms and two bathrooms, including a guest bath with a soaking tub. Outside, the property features a large additional paved parking pad along with the driveway and garage, providing ample space for multiple vehicles and recreational equipment. With minimal deed restrictions, the property allows RV and boat parking, with additional space along the side of the home. The backyard also includes a custom playground area. Conveniently located just minutes from Siesta Key Beach, downtown Sarasota, shopping, dining, and parks.

Location

Details

Type:
Residential
Parking:
Boat / Driveway / Electric Vehicle Charging Station(s) / Garage Door Opener / Oversized / Parking Pad / RV Parking
Year Built:
1961
Lot:
0.23 Acres
Heating:
Electric
Price/sqft:
$253
Cooling:
Central Air / Mini-Split Unit(s)
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$599,000
$473K – $780K
Confidence Low
List vs. estimate
At estimate
List $599,000 · +0.0%
List is in line with recent comparable activity.
Price per sq ft
$252
-17.9% vs. city median $307
Based on
5 MLS comparables
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$2,942
2025
Pool
Deck
Garage
2 car garage
All facts and features
  • Flooring

    • Luxury Vinyl

    Heating

    • Electric

    Cooling

    • Central Air

    • Mini-Split Unit(s)

    Appliances

    • Convection Oven

    • Dishwasher

    • Disposal

    • Dryer

    • Electric Water Heater

    • Kitchen Reverse Osmosis System

    • Microwave

    • Range

    • Refrigerator

    • Washer

    Other interior features

    • Built-in Features

    • Crown Molding

    • Open Floorplan

    • Primary Bedroom Main Floor

    • Solid Surface Counters

    • Thermostat

    • Walk-In Closet(s)

    Bedrooms and bathrooms

    • Bedrooms: 4

    • Full bathrooms: 2

  • Parking

    • Boat

    • Driveway

    • Electric Vehicle Charging Station(s)

    • Garage Door Opener

    • Oversized

    • Parking Pad

    • RV Parking

    Property

    • Levels: One

    • Pool Private: Yes

    • Exterior Features: Irrigation System / Outdoor Shower / Playground / Private Yard / Sliding Doors

    Lot

    • Lot: 0.23 Acres

    Other Property Information

    • Parcel Number: 0059060053

    • Zoning: RSF2

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Single Family Residence

  • Utility

    • BB/HS Internet Available

    • Cable Available

    • Electricity Available

    • Electricity Connected

    • Fiber Optics

    • Phone Available

    • Public

    • Sprinkler Well

    • Underground Utilities

    • Water Available

    • Water Connected

  • Other financial information

    • Annual tax amount: $2,942

  • Source details

    • MLS ID: A4685119

    Other facts

    • Construction Materials: Block

    • Foundation Details: Slab

    • Laundry Features: In Kitchen

    • Patio And Porch Features: Deck / Front Porch

    • Pool Features: Deck / Gunite / In Ground

    • Direction Faces: Southeast

    • Architectural Style: Florida / Mid-Century Modern

    • Garage Spaces: 2

    • Attached Garage: Yes

    • Garage: Yes

    • Living Area: 2370

    • Water Source: Public / Well

    • Subdivision Name: SOUTH GATE

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The multiple listing information is provided by the Stellar MLS from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Stellar MLS. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: PREMIER AGENT NETWORK