(Undisclosed Address), Sarasota


0 Beds
0 Baths
3,940 Sqft
.13 Acres
1 Garages

Under Construction. Under Construction, will be completed in August. Brand new duplex condo construction directly across from Siesta Key
beach! Each unit is deeded separate. Can be sold separate. This is as good as it gets. Two, 3 bdrm, 2 1/2 bath units that can be rented nightly. Built beyond the highest standards. Poured concrete and block. Steel interior studs. Not cheap wood construction !! 10 ft ceilings. Sprinkled, Cat 6 internet. Quartz counters in kitchens and baths. State of the art flooring. LED’s throughout. Washer/dryer, rooftop hot tubs with spectaculargulf views, enclosed garages and private elevator for each unit. A short walk to Siesta Key village. Purchase both or individually. Estimated net rentals $112k to $146k per side. With very little new construction these are must see units. Call today for appointment. Your dream home or investment awaits. Estimated expenses and Rental PER UNIT as follows.$3500 per week in off season of May 1- November 30 excluding Holliday weeks.
$5900 a week during High Season and Holiday periods.
I anticipate expenses of
$1000 per month for real estate tax
$500 per month insurance
$250 electric
$200 internet and cable
$150 Water
$150 landscape
$200 Maintenance
$150 supplies.

$2550 per month expenses. X 12= $27,000 annual expenses

$5900 x 22 weeks of High Season $129,800
$3500 x 30 weeks of low season
$234,800 potential revenue
30% vacancy
$164,360 gross revenue -15% commission.

$139,706 net revenue
$27,000 expenses
$112,706 net before debt service

Essential Information
MLS® #A4474693
Square Footage3,940
Year Built1936
TypeResidential Income
Price Per Sqft$886
Community Information
CountySarasota County
Zip Code34242
Pet Restrictions YNY
Pets Allowed YNY
Minimum Lease1-7 Days

Sarasota/Crescent Beach/Siesta Key

Community Features

Buyer Approval Required, Deed Restrictions

# of Garages1

BB/HS Internet Available, Cable Connected, Electricity Connected, Phone Available, Public, Sewer Connected, Water Connected


Buyer Approval Required, Deed Restrictions


Driveway, Ground Level, Off Street, Under Building


Under Building Parking, , 1 Car Garage


FloodZone, In County, Sidewalk, Unincorporated

HeatingCentral, Electric
CoolingCentral Air
StoriesMulti/Split, Elevated
Interior Features

Ceiling Fans(s), L Dining, Open Floorplan, Solid Surface Counters, Walk-In Closet(s)


Dishwasher, Disposal, Dryer, Electric Water Heater, Exhaust Fan, Microwave, Range, Range Hood, Refrigerator, Washer

Interior Layout

L Dining, Open Floorplan, Walk-In Closet(s)

Lot DescriptionUp to 10,889 Sq. Ft.
FoundationStilt/On Piling
Exterior Features

Fenced, Irrigation System, Outdoor Grill, Outdoor Shower, Sidewalk, Sliding Doors, Patio/Porch Covered

School Information
ElementaryPhillippi Shores Elementary
MiddleBrookside Middle
HighSarasota High
Additional Information
Days on Market14
Normal SaleYes
Tax Year2019

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Listing data comes from My Florida Regional MLS DBA Stellar MLS.

Listing information last updated on September 29th, 2020 at 1:15pm EDT.