Open House
Saturday, October 17 · 11:00 AM–2:00 PM
$749,000
501 CANAL WAY, NOKOMIS, FL 34275
Beds
2
Baths
2
Sq Ft
1,216 sq ft
Year Built
1962
Lot Size
0.29 acres
Garage
—
About This Property
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.
Property Overview
Interior Features
Exterior & Lot
Pool & Spa
Utilities
Parking
HOA & Community
Financial Details
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.
Location
501 CANAL WAY, NOKOMIS, FL 34275
Listing Information
Schedule a Tour
Pick a Day
Preferred Time
Home Price
$749,000
Loan Term
How to Buy This Home
Multiple financing options available for this $749,000 home in NOKOMIS.
🏛️
FHA Loan
$26,215 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
$37,450 Down
Traditional financing. As low as 3-5% down with good credit.
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: October 14, 2026.