$4,600,000
$4,700,000
2.1%For more information regarding the value of a property, please contact us for a free consultation.
7,053 SqFt
SOLD DATE : 05/16/2022
Key Details
Sold Price $4,600,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 7,053 sqft
Price per Sqft $652
Subdivision Gulf View On Little Sarasota Bay
MLS Listing ID T3351041
Sold Date 05/16/22
Construction Status Completed
HOA Y/N No
Year Built 2017
Annual Tax Amount $32,171
Lot Size 10,890 Sqft
Acres 0.25
Lot Dimensions 90x240
Property Sub-Type Duplex
Property Description
Unique Investment and Vacation Rental Property in the Heart of Siesta Key! This high-end modern duplex set up as a 10 bedroom/10 bathroom vacation rental with a rare deeded private access to Siesta beach. Successful buyer will get an ideal vacation rental property with a revenue opportunity of $600K+ pa.
Duplex - built in late 2017 - has 2 units, each with a separate entrance and its own heated pool. Each unit has 3 ensuite bedrooms, 1 flex room, and a guest suite on the first floor by the pool and 4.5 bathrooms. Each unit can be rented as 5 bedrooms, 4.5 bathrooms to accommodate 10 guest groups or the whole house can be rented as 10 bedrooms, 10 bathrooms to lucrative 20+ guests groups. Duplex's zoning as RMF2 allows amazing flexibility with daily and weekly rentals.
Units are tastefully designed with high ceilings, hurricane-resistant windows, wood-look tile flooring, designer kitchens with extra-large islands with granite countertops, high-end stainless appliances, and plenty of cabinets for storage. Each ensuite bedroom has a private bath. The primary bedroom is spacious with a spa-like bath with a freestanding tub and separate shower and access to the expansive balcony with amazing sunset views. Copy and paste to watch video with the property's location: https://player.vimeo.com/video/671558406
Each unit also includes a private elevator and private two-car garage and plenty of outdoor parking. 2nd-floor unit is sold fully furnished and 3rd is partially furnished.
The 2nd-floor unit (5 bedrooms with pool-side suite) is top rental on VRBO / Airbnb for the last 2 years and did $200K in rental revenue in 2021. It is already fully booked through the end of July 2022 and sellers will pass all rentals to the successful buyer once the deal is closed.
Don't miss your opportunity to acquire already proven and profitable vacation rental property in the center of Siesta Key! Start making a solid rental income on your first day as a new owner! Either manage it yourself or outsource all work to top Siesta Key vacation rental management company - the choice is yours!
Location
State FL
County Sarasota
Community Gulf View On Little Sarasota Bay
Zoning RMF2
Rooms
Other Rooms Den/Library/Office
Interior
Interior Features Built-in Features, Eat-in Kitchen, Elevator, High Ceilings, Kitchen/Family Room Combo, Master Bedroom Main Floor, Open Floorplan, Thermostat, Walk-In Closet(s), Window Treatments
Heating Electric, Natural Gas
Cooling Central Air
Flooring Ceramic Tile
Furnishings Turnkey
Fireplace false
Appliance Bar Fridge, Built-In Oven, Convection Oven, Cooktop, Dishwasher, Disposal, Dryer, Electric Water Heater, Freezer, Gas Water Heater, Ice Maker, Microwave, Range Hood, Refrigerator, Washer, Wine Refrigerator
Laundry Laundry Room
Exterior
Exterior Feature Balcony, Fence, Irrigation System, Outdoor Grill, Outdoor Kitchen, Outdoor Shower, Rain Gutters, Sidewalk, Sliding Doors, Sprinkler Metered
Parking Features Driveway, Garage Faces Rear, Off Street
Garage Spaces 4.0
Pool Heated, In Ground
Community Features Pool, Water Access, Wheelchair Access
Utilities Available BB/HS Internet Available, Cable Available, Cable Connected, Electricity Available, Electricity Connected, Natural Gas Connected, Phone Available, Public, Sewer Available, Sewer Connected
View Y/N 1
Water Access 1
Water Access Desc Beach - Access Deeded,Beach - Private,Canal - Brackish,Intracoastal Waterway
View Pool, Water
Roof Type Metal
Porch Front Porch, Patio
Attached Garage true
Garage true
Private Pool Yes
Building
Lot Description Corner Lot
Entry Level Three Or More
Foundation Slab
Lot Size Range 1/4 to less than 1/2
Sewer Public Sewer
Water Public
Structure Type Concrete, Stucco
New Construction false
Construction Status Completed
Schools
Elementary Schools Phillippi Shores Elementary
Middle Schools Brookside Middle
High Schools Sarasota High
Others
Pets Allowed Yes
Senior Community No
Ownership Fee Simple
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition None
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