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$490,000

6426 COLONIAL DRIVE, SARASOTA, FL 34231

3D Tour
Active174 days on market

Beds

3

Baths

2

Sq Ft

1,760 sq ft

Year Built

1961

Lot Size

0.23 acres

Garage

About This Property

***PRICE REDUCTION***Welcome to this inviting residence located on a quiet street in the highly desirable Gulf Gate area of Sarasota. This well-situated home offers a comfortable blend of indoor and outdoor living with convenient access to shopping, dining, beaches, major roadways, and public transportation. With the first beach access to the sugar-white sand of Siesta Key being just 1.7 miles away. It is walking distance to several dining establishments and specialty shops unique to Gulf Gate. The interior features a functional floor plan filled with natural light, ideal for both everyday living and entertaining. The newly renovated kitchen serves as a central gathering space with updated finishes and a fresh, modern feel while flowing effortlessly into the living and dining areas. Bedrooms are well-proportioned and adaptable to a variety of lifestyle needs, featuring a mother-in-law suite with private bathroom and a separate entrance. Large fenced in backyard providing privacy, with outdoor space that offers flexibility to relax, entertain, or personalize, there is plenty of room for a pool, tiki hut and volleyball court the possibilities are endless. Whether used as a primary residence, second home, or investment opportunity, this home presents an excellent opportunity to enjoy Sarasota living.

Property Overview

Property TypeResidential
Sub TypeSingle Family Residence
MLS #A4681958
StatusActive
Year Built1961
Total Rooms6
ConstructionBlock
RoofShingle
FoundationSlab
FacesSouth
SubdivisionGULF GATE
CountySarasota
OwnershipFee Simple

Interior Features

InteriorCeiling Fan(s), Kitchen/Family Room Combo, L Dining, Living Room/Dining Room Combo, Open Floorplan, Primary Bedroom Main Floor, Solid Surface Counters, Solid Wood Cabinets, Split Bedroom, Stone Counters, Thermostat
FlooringCeramic Tile, Laminate, Terrazzo
AppliancesDishwasher, Disposal, Electric Water Heater, Exhaust Fan, Microwave, Range, Range Hood, Refrigerator
LaundryElectric Dryer Hookup, Inside, Laundry Closet, Laundry Room, Washer Hookup
WindowsBlinds
CoolingCentral Air
HeatingCentral

Exterior & Lot

ExteriorLighting, Private Entrance, Private Mailbox, Private Yard, Rain Gutters, Sliding Doors
FencingFenced, Vinyl
Other StructuresShed(s)
Lot Size0.23 acres (10,200 sq ft)
Lot FeaturesIn County, Landscaped, Level, Near Public Transit, Private, Sidewalk
Road SurfacePaved, Asphalt
0

Utilities

WaterPublic
SewerPublic Sewer
UtilitiesCable Available, Electricity Connected, Public, Street Lights, Water Connected

Parking

GarageNo
CarportYes

HOA & Community

HOAYes
HOA Fee$75 / Annually
Senior CommunityNo

Financial Details

List Price$490,000
Original Price$590,000
Annual Taxes$4,668 (2025)
FinancingCash, Conventional, FHA, USDA Loan, VA Loan
ZoningRSF3
Parcel #0101130003

Schools

ElementaryGulf Gate Elementary
MiddleBrookside Middle
HighRiverview High

Directions

From Stickney Point Road turn South on Gateway Avenue. Turn Left on Mall Drive at 4 way stop. Turn left on Colonial Drive. House is on the left.

Location

6426 COLONIAL DRIVE, SARASOTA, FL 34231

Listing Information

OfficePREFERRED PROPERTIES OF SARASOTA
ListedMarch 2, 2026

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Home Price

$490,000

20% ($98,000)
6.75%

Loan Term

Principal & Interest$2,543
Property Tax (est.)$449
Insurance (est.)$150
Total Monthly$3,142
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Nearby Schools

How to Buy This Home

Multiple financing options available for this $490,000 home in SARASOTA.

🏛️

FHA Loan

$17,150 Down

Government-backed, low down payment. Credit scores as low as 580.

🎖️

VA Loan

$0 Down

Zero down for eligible veterans, active duty, and military families.

🏦

Conventional

$24,500 Down

Traditional financing. As low as 3-5% down with good credit.

🌾

USDA Loan

$0 Down

Zero down for eligible rural areas. Income limits apply.

Florida Down Payment Assistance Programs

You may qualify for up to $35,000 in assistance to cover your down payment and closing costs.

Florida Hometown Heroes

Up to $35,000

First-time buyers working in FL

FL Assist

Up to $10,000

FHA, VA, or USDA borrowers

FL HLP Second Mortgage

Up to $10,000

First-time buyers, 0% deferred

Sarasota County SHIP

Varies

Income-qualifying Sarasota residents

Can You Afford This Home?

Quick check based on the 28% debt-to-income rule. Not a guarantee — just a starting point.

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Listing information is deemed reliable but not guaranteed. All measurements and data should be independently verified. This information is provided by the Stellar MLS. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed. IDX information is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: August 23, 2026.

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