$749,000
Active501 Canal Way, Nokomis, FL 34275
2 beds · 2 baths · 1,216 sq ft
Listing courtesy of COLDWELL BANKER SUNSTAR REALTY · MLS# N6141670
279 days on market
Refreshed from the Stellar MLS feed . This listing’s MLS record last changed .
About this home
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.
Facts
- Property type
- Single Family Residence
- Year built
- 1962
- Living area
- 1,216 sqft
- Lot size
- 0.29 acres
- Water access
- Canal - Saltwater
- Water view
- Yes
- Private pool
- Yes
- Exposure
- South
- Furnished
- Unfurnished
- Flood zone
- AE
- CDD
- No
- 55+ community
- No
- Annual taxes
- $4,376/yr
- Listed
- Nov 6, 2025
- MLS #
- N6141670
Virtual tour
- Video tour on YouTubeyoutube.com
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Estimate the monthly payment
Estimate by Lasbury Tracy Realty — not a loan offerStarting figures for 501 CANAL WAY. Everything below is editable.
AssumptionNot a quoted rate. Ask a lender what you actually qualify for today.
From this listingThe seller's most recent annual tax bill as reported to the MLS. Your bill will differ — Florida reassesses on sale and homestead caps reset.
Editable estimateA placeholder, not a quote. On the Gulf Coast this is the line item most likely to be wrong: premiums swing on roof age, wind mitigation, elevation, and carrier appetite. Get a real quote before you rely on this number.
Starts at $0Deliberately zero until you enter a figure — we will not inflate a payment with a guess. Many homes here need it; ask us for the property's flood zone and the current policy's premium.
Include condo, HOA, and master-association dues. CDD assessments usually arrive on the tax bill instead.
AssumptionNot applied — your down payment is 20% or more.
Estimated total monthly payment
$4,776
$3,787 of that is principal & interest. 21% is taxes, insurance and fees — which is why those inputs matter more here than the rate does.
- Principal & interest
- $3,787
- Property taxes
- $365
- Homeowners insurance
- $624
- Flood insurance
- $0
- HOA / condo fees
- $0
- Mortgage insurance (PMI)
- $0
- Total per month
- $4,776
Over the life of the loan
- Loan amount
- $599,200
- Down payment
- $149,800
- Total interest
- $764,247
- Principal + interest paid
- $1,363,447
- Paid off in
- 2056
Interest is the exact schedule total for a fixed-rate loan held to term and assumes no extra payments. Taxes, insurance and fees are not included in these lifetime figures because they change every year.
Calculated on this page from the figures above — nothing is sent anywhere and no lender is quoting you. Figures are estimates for planning only, not a pre-approval, commitment to lend, or a statement of the taxes and insurance you will actually be charged. Lasbury Tracy Realty Inc. is a real estate brokerage, not a lender or an insurance agent.
Take a tour
Pick a day that suits you — a licensed Lasbury Tracy agent confirms personally, usually within minutes. No account needed.
501 Canal Way, Nokomis, FL 34275
Listing courtesy of COLDWELL BANKER SUNSTAR REALTY · MLS# N6141670 · Active
Where this home is
Opens on aerial — on this coast the canal, the lot and the neighbours answer more questions than a street grid does.



