6326 Midnight Pass Rd #405, Sarasota

$620,000

2 Beds
2 Baths
1,054 Sqft
0 Acres
0 Garages

Looking for an investment property or vacation home directly on the beautiful white sands of Siesta Key beach? Then look no further than this fully furnished, two bedroom, two bathroom condominium in El Presidente. This desirable complex allows weekly rentals and has excellent onsite management to handle reservations, check-in/check-out, guest relations, repairs, laundry service, cleaning and more. In addition, reserves are fully funded, no pending special assessments, occupancy and rental revenue have increased and management fees decreased. El Presidente is a small complex with a beachside heated pool, tennis/pickleball courts, outdoor grills and plenty of beach chairs for those gorgeous Siesta Key sunsets. Owners can enjoy the owner's lounge, exercise room and newly installed sauna. Inside the condo you will find a bright, open floorplan with neutral color palette and a view of the Gulf of Mexico from the terrace. There is also a laundry room in the unit with a full size washer and dryer. El Presidente is very popular with visitors who return year after year resulting in annual gross rental income of up to $60,000 for some owners. This is a perfect opportunity for investors or those looking to for a second home that will generate enough rental income to cover expenses and then some. Also, the location cannot be beat! El Presidente is conveniently located to the shops and restaurants of Siesta Key Village to the north and the shops, restaurants, boat rental and marina to the south. Do not miss this one!

Essential Information
MLS® #A4429655
Price$620,000
Bedrooms2
Bathrooms2.00
Full Baths2
Square Footage1,054
Acres0.00
Year Built1975
TypeResidential
Sub-TypeCondo
StatusActive
Price Per Sqft$588
Community Information
Address6326 Midnight Pass Rd #405
SubdivisionEl Presidente
CitySarasota
CountySarasota County
StateFL
Zip Code34242
Pet Restrictions YNY
Pets Allowed YNN
Minimum Lease1 Week
Area

Sarasota/Crescent Beach/Siesta Key

Community Features

Buyer Approval Required, Deed Restricted, Fitness, Gated Community, No Truck/RV/Motorcycle Parking, Pool, Tennis Courts, Water Access, Waterfront

Amenities
GaragesUnder Building Parking
Is WaterfrontYes
WaterfrontGulf/Ocean
PoolHeated
Water AccessBeach - Public, Gulf/Ocean
Water ViewGulf/part
Utilities

Cable Connected, Electricity Connected

Features

Buyer Approval Required, Deed Restricted, Fitness, Gated Community, No Truck/RV/Motorcycle Parking, Pool, Tennis Courts, Water Access, Waterfront

Parking

Assigned, Covered, Under Building

Interior
InteriorCeramic Tile, Laminate
HeatingElectric
CoolingCentral Air
# of Stories5
StoriesOne Story, Mid-rise
Interior LayoutElevator, Walk-In Closet(s)
Interior Features

Ceiling Fans(s), Elevator, Walk-In Closet(s), Window Treatments

Appliances

Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer

Exterior
ExteriorBlock, Stucco
RoofMembrane
FoundationStem Wall
Exterior Features

Balcony/Sun Deck, Outdoor Grill, Sauna, Sliding Doors, Tennis Court(s)

Additional Information
Days on Market14
ZoningRMF3
Normal SaleYes
Costs
Condo Fees$2,094
Condo Fees TermQuarterly
HOA Payment ScheduleQuarterly
Taxes$6,145
Tax Year2018

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Listing data comes from My Florida Regional MLS.

Listing information last updated on March 21st, 2019 at 4:30pm EDT.