501 Canal Way

1,216 Sq. Ft.
$616 / Sq. Ft.
1,216
Sq. Ft.
$616
per Sq. Ft.

Description

Nestled on a quiet canal just moments from beautiful Dona Bay, this COMPLETELY UPDATED unique waterfront home offers exceptional boating access with quick, easy passage to the Gulf . Enjoy peace of mind with numerous MAJOR updates, including a 2021 roof, hurricane-impact windows (2021), 2020 air conditioner, 2024 water heater, and all new appliances installed in 2020, plumbing re-piped and septic system (2022). The interior and exterior doors are all solid wood. The homeowners added a bio barrier...Nestled on a quiet canal just moments from beautiful Dona Bay, this COMPLETELY UPDATED unique waterfront home offers exceptional boating access with quick, easy passage to the Gulf . Enjoy peace of mind with numerous MAJOR updates, including a 2021 roof, hurricane-impact windows (2021), 2020 air conditioner, 2024 water heater, and all new appliances installed in 2020, plumbing re-piped and septic system (2022). The interior and exterior doors are all solid wood. The homeowners added a bio barrier to protect the pool and drain field from root intrusion. The saltwater pool was completed in 2021 (featuring a new pool pump in 2024), and is accompanied by a spacious covered lanai, pool deck and pool bar with an outdoor firepit and entertaining area perfect for relaxing after a day on the water. This is not a fix and flip, the upgrades were done with great quality and care for long term protection and enjoyment! Boating enthusiasts will appreciate the updated dock, electrical, and seawall (2021), 6,000-pound boat lift —everything needed for effortless waterfront living. Located JUST AROUND THE BEND TO DONA BAY by boat, this property offers a rare opportunity to enjoy scenic surroundings, direct water access, and a prime location near beaches, dining, and shopping. A true Florida coastal lifestyle awaits.
  1. Listed by Lori Driscoll-Kendrick • Brokerage DRE #BO2030822 • COLDWELL BANKER SUNSTAR REALTY
    P: (941)-525-4237 C: (941)-525-4237 lorikendrick253@gmail.com
  2. Listed by Tammy Cline • Brokerage DRE #BO2030822 • COLDWELL BANKER SUNSTAR REALTY
    P: (941)-232-9972 C: (941)-232-9972 tammysellsfloridahomes@gmail.com

Property Details for 501 Canal Way

Subdivision Name
NOKOMIS ACRES AMD
Township
39S
Carport Spaces
1
View
Water
Waterfront
No
Water View
Canal
Furnished
Unfurnished
LISTING UPDATED: 02/14/2026 01:38 PM

Property Details for 501 Canal Way

StatusActive
MLS #N6141670
Days on Market50
Taxes$4,376 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeResidential / Single Family Residence
Year Built1962
Lot Size0.29 AC / 12,717 SF
CountySarasota County

Location

Listing Courtesy of COLDWELL BANKER SUNSTAR REALTY, Lori Driscoll-Kendrick; COLDWELL BANKER SUNSTAR REALTY, Tammy Cline
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Building Information for 501 Canal Way

Stories1Year Built1962Building Size-Lot Size0.29 AC / 12,717 SF

Payment Calculator

$4,015 per month

30 year fixed, 6.15% Interest

Principal and Interest

$3,650

Property Taxes

$365

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 501 Canal Way

Summary
Location and General Information
  • Building Area Source: Public Records
  • Building Area Total: 2074.0
  • Building Area Units: Square Feet
  • Direction Faces: South
  • Directions: From Tamiami Trail turn onto Colonia Drive then left onto Buena Vista and the left onto Canal Way how is at end of Cul-de-sac.
  • Mls Major Change Type: New Listing
  • Major Change Type: New Listing
  • Listing Service: Full Service
  • Senior Community: No
  • SW Subdiv Community Name: Nokomis Acres
  • Unit Number: No
  • Street Number: 501
  • Street Name: CANAL
  • Street Suffix: WAY
  • State: FL
  • City: NOKOMIS
Parking
  • Carport: Yes
  • Garage: No
  • Parking Features: Covered
Taxes and HOA Information
  • Association: No
  • CDD: No
  • Tax Book Number: 10-35
  • Tax Legal Description: LOT 12 AMENDED PLAT OF ADD TO NOKOMIS ACRES
  • Tax Lot: 12
  • Tax Year: 2024
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Property
Lot Information
  • Additional Parcels: No
  • Lot Features: Cul-De-Sac, Oversized Lot
  • Parcel Number: 0405040006
  • Total Acreage: 1/4 to less than 1/2
  • Water Access: Canal - Saltwater
  • Water Access: Yes
  • Water Extras: Lift
  • Water Extras: Yes
  • Water: Lift
  • Zoning: RSF1
  • Living Area: 1216
Property and Assessments
  • Year Built Numeric: 1962
  • Flood Zone Code: AE
  • Flood Zone Date: 03-27-2024
  • Flood Zone Panel: 12115C0327G
  • Homestead: Yes
  • New Construction: No
  • Public Survey Range: 19E
  • Public Survey Section: 06
Utilities
  • Green Energy Efficient: Windows
  • Sewer: Septic Tank
  • Utilities: BB/HS Internet Available, Cable Connected, Electricity Connected
  • Water Source: Public
Interior and Exterior Features
Exterior Features
  • Construction Materials: Block
  • Exterior Features: Fire Pit, Irrigation System, Lighting
  • Foundation Details: Slab
  • Levels: One
  • Pool Features: Deck, In Ground, Lighting, Salt Water, Tile
  • Pool Private: Yes
  • Pool: Private
  • Pool Private: Yes
  • Roof: Shingle
  • Spa: No
  • Waterfront Feet Total: 0
  • Number Of Stories: 1
Interior Features
  • Bedrooms Total: 2
  • Bathrooms Full: 2
  • Appliances: Bar Fridge, Dishwasher, Disposal, Dryer, Electric Water Heater, Freezer, Ice Maker, Range, Range Hood, Refrigerator, Washer, Wine Refrigerator
  • Cooling: Central Air
  • Fireplace: No
  • Flooring: Luxury Vinyl
  • Heating: Central
  • Interior Features: Built-in Features, Ceiling Fan(s), Dry Bar, Primary Bedroom Main Floor, Stone Counters, Thermostat, Walk-In Closet(s), Window Treatments
  • Laundry Features: Laundry Room
  • Living Area Source: Public Records
  • Living Area Units: Square Feet
  • Room Count: 6.0
  • Water View: Yes
  • Window Features: Double Pane Windows, Storm Window(s)
  • Bathrooms Half: 0

Property History for 501 Canal Way

DateEvent & SourcePriceAppreciation
Jan 2, 2026

Price Change

MFRMLS #N6141670

$749,000
Jan 2, 2026

Listed (Active)

MFRMLS #N6141670

$699,900
Apr 26, 2022

Sold (Public Record)

Public Record #1488547234

$675,000

+61.3% / yr

Apr 26, 2022

Sold

MFRMLS #N6119733

$675,000
Mar 22, 2022

Pending

MFRMLS #N6119733

Mar 15, 2022

Listed (Active)

MFRMLS #N6119733

$580,000
Jan 24, 2020

Sold (Public Record)

Public Record #661838006

$230,000
Jan 24, 2020

Sold

MFRMLS #N6108170

$230,000
Dec 19, 2019

Pending

MFRMLS #N6108170

Dec 3, 2019

Listed (Active)

MFRMLS #N6108170

$249,900
DateEvent & SourcePrice
01/02/2026

Price Change

MFRMLS #N6141670

$749,000
01/02/2026

Listed (Active)

MFRMLS #N6141670

$699,900
04/26/2022

Sold (Public Record)

Public Record #1488547234

$675,000

+61.3% / yr

04/26/2022

Sold

MFRMLS #N6119733

$675,000
03/22/2022

Pending

MFRMLS #N6119733

03/15/2022

Listed (Active)

MFRMLS #N6119733

$580,000
01/24/2020

Sold (Public Record)

Public Record #661838006

$230,000
01/24/2020

Sold

MFRMLS #N6108170

$230,000
12/19/2019

Pending

MFRMLS #N6108170

12/03/2019

Listed (Active)

MFRMLS #N6108170

$249,900

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 501 Canal Way

Taxable ValueLand-Additions-Total-
Tax Record2025$3,757 ($313 / month)
Home Facts
Beds2Baths1.5Total Finished SqFt1,216 SqFtAbove Grade Finished SqFt1,216 SqFtStories1Lot Size12,717 SqFtStyleSingle Family ResidenceYear Built1962Year Renovated2008ZoningRSF1CountySARASOTAAPN0405-04-0006

Schools near 501 Canal Way

This home is within Sarasota.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - 9 to 12
Charter - K to 8
Charter - 6 to 8
Rating
School
Distance
Laurel Nokomis School
PublicPK to 8

Venice Senior High School
Public9 to 12

Island Village Montessori School
CharterK to 8

Student Leadership Academy
Charter6 to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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501 Canal Way is a single family home for sale in Nokomis, FL 34275. This property was listed for sale on January 2, 2026 by COLDWELL BANKER SUNSTAR REALTY, it's currently listed at $749,000. It has been on the market for a total of 50 days and was last sold on April 26, 2022. This listing's school district is Sarasota. Nearby schools include Laurel Nokomis School, Venice Senior High School and Island Village Montessori School. 501 Canal Way is a 2-bed, 2-bath, 1,216 sqft single family home built in 1962.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of COLDWELL BANKER SUNSTAR REALTY, Lori Driscoll-Kendrick; COLDWELL BANKER SUNSTAR REALTY, Tammy Cline

The information is being provided in part by Southwest Florida Multiple Listing Service, Broker Reciprocity Program ("BR Program") of M.L.S. of Naples, Inc. ("Naples MLS"), under License No. NCOMPN2, and MarcoMls. Information deemed reliable but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. Copyright 2026 Southwest Florida Multiple Listing Service and MarcoMls. All Rights Reserved. The data relating to real estate for sale displayed on this website comes in part from the Broker Reciprocity Program ("BR Program") of M.L.S. of Naples, Inc. ("Naples MLS"), under License No. NCOMPN2 and MarcoMls. Properties listed with brokerage firms other than Compass are marked with the "BR House" logo. Detailed information about such properties includes the name of the brokerage firm with which the seller has listed the property. The properties displayed may not be all the properties listed with brokerage firms participating in the Naples MLS BR Program, or contained in the database compilation of Naples MLS.