Residential Property - Condominium in Sarasota
Listing Price: $2,700,000
Description of Property
Welcome to your lucrative investment opportunity on Siesta Key Beach! Discover the perfect blend of luxury living and investment potential with this stunning 3-bedroom, 2-bathroom condominium, managed by the esteemed Hyatt Vacation Club and boasting a profitable rental component. Nestled along the pristine shores of Siesta Key Beach, this exquisite property offers not only the promise of an idyllic coastal lifestyle but also the opportunity for substantial rental income. In 2023, the current owner generated rental revenue of more than $129,000 across 167 nights, while also enjoying 104 days of personal use. The potential for maximizing returns is simply outstanding! Imagine owning a piece of paradise that not only serves as your personal retreat but also generates substantial income when you're not soaking in the sun or enjoying the tranquil waves. With Siesta Key Beach consistently ranked among the top beaches globally, demand for vacation rentals in this coveted destination is perennially high, ensuring a steady stream of income for savvy investors. This meticulously designed condominium features spacious living areas, modern amenities, and elegant finishes throughout, making it an irresistible choice for discerning travelers seeking the ultimate beach getaway. From the gourmet kitchen to the luxurious master suite, every detail has been carefully curated to provide guests with an unforgettable experience. Delight in the essence of seaside living with glimpses of the Gulf of Mexico and Siesta Key Beach gracing your living space from the primary suite, living room, and lanai. As part of the Hyatt Vacation Club, residents and guests alike enjoy access to a wealth of world-class amenities, including a sparkling swimming pool, fitness center, and concierge services, further enhancing the appeal and desirability of this exceptional property. Whether you're looking to diversify your investment portfolio, supplement your income, or simply own a piece of paradise to call your own, this condominium offers unparalleled potential. Don't miss out on this rare opportunity to own a profitable piece of Siesta Key Beach. Schedule your private tour today and start reaping the rewards of beachfront ownership!
Property Details At A Glance
Property Type: Residential
Property Use or Sub Type: Condominium
City: Sarasota
County: Sarasota
Subdivision: Siesta Key Beach Residences Ii
Bedrooms: 3
Bathrooms: 2
Sq. Ft. Gross: 1,840
Sq. Ft. Living Area: 1,750
Cost per (heated) sqare foot: $1,543
Year built: 2009
Annual Tax: $14,955
HOA Fee: $16,078 Quarterly
Taxes and fees can change periodically, and other fees may apply. Please check with your Realtor for more details.
- 24-Hour Guard
- Cable TV
- Common Area Taxes
- Community Pool
- Electricity
- Escrow Reserves Fund
- Gas
- Insurance
- Internet
- Maintenance Structure
- Maintenance Grounds
- Manager
- Pest Control
- Pool Maintenance
- Recreational Facilities
- Security
- Sewer
- Trash
- Water
Interior Features:
- Ceiling Fan(s)
- Crown Molding
- High Ceilings
- Living Room/Dining Room Combo
- Open Floorplan
- Solid Surface Counters
- Solid Wood Cabinets
- Split Bedroom
- Stone Counters
- Thermostat
- Window Treatments
Appliances:
- Dishwasher
- Disposal
- Dryer
- Electric Water Heater
- Microwave
- Range
- Range Hood
- Refrigerator
- Washer
Accessibility Features:
Window Features:
- Blinds
- Drapes
- Window Treatments
Additional Rooms:
Ceiling Type:
Flooring: Ceramic Tile, Hardwood
Schools
Elementary School: Phillippi Shores Elementary
Middle/Junior High School: Brookside Middle
High School: Sarasota High
Pool & Waterfront Info
Private Pool: Not specified
Pool Features:
- Gunite
- Heated
- In Ground
- Lighting
Spa Features: Heated, In Ground
Water Front: Yes
Water Frontage:
- Gulf/Ocean Front
- Beach
- Gulf/Ocean
Water Access: Yes
Water Access Type: Beach
Water View: Beach, Gulf/Ocean - Partial
Water Name: Gulf Of Mexico
Exterior & Construction
Architectural Style: Contemporary
Construction: Cement Siding, Concrete
Foundation: Stilt/On Piling
Roof: Concrete
Exterior Features: Balcony, Lighting
Garage: Yes
Garage Spaces: 1
- Circular Driveway
- Covered
- Guest
- Open
- Under Building
- Valet
Floors Total: 6
Floors in Unit: One
Cooling: Central Air, Zoned
- Central
- Electric
- Zoned
Electric:
Patio & Porch Features: Covered, Patio
Security Features:
- Fire Alarm
- Fire Sprinkler System
- Key Card Entry
Other Structures: Cabana
View: City
Fencing:
Utilities:
- Cable Connected
- Electricity Connected
- Natural Gas Connected
- Sewer Connected
- Water Connected
Sewer: Public Sewer
Water Source: Public
Community Features:
- Gulf/Ocean Front
- Fitness Center
- Pool
Association Amenities:
- Cable TV
- Elevator(s)
- Fitness Center
- Maintenance
- Pool
- Spa/Hot Tub
Lot Information
Lot Features:
- Flood Zone
- In County
- Landscaped
- Private
- Street Dead-End
Lot Size (acres): 3.63
Lot Size (sq. ft.): 158,295 square feet
Road Frontage: Street Dead-End, Street Paved
Front Exposure: East
Adjoining Property:
Current Adjacent Use:
Legal Description & Other Information
Financing Available: Cash, Conventional
Parcel Number: 0108155019
Zoning: RMF3
Pets Allowed/Pet Policies: No
Tax Legal Desc.: UNIT 412, SIESTA BEACH RESIDENCES II, PER CONDO DECLARATION IN ORI 2012150771
Listing courtesy of THE SARASOTA REAL ESTATE COMP.. The information relating to real estate for sale on this website comes in part from the My Florida Regional MLS DBA Stellar MLS. This information is provided exclusively for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS.