5322 Calle De La Siesta, Sarasota, FL 34242

$4,400,000
9
BD
11
BA
4,437
SqFt

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List Price
$4,400,000
Status
Active
Days on Market
165
Price Change
▼ $500,000 1785183522
MLS#
A4682172
Property Style
Quadruplex
Year Built
1999
Bedrooms
9
Bathrooms
11
Living Area
4,437
Lot Size
5,514
Acres
0.13
Total Acreage
0 to less than 1/4
Building Name
Siesta Sunset Beach House
Legal Subdivision Name
Sarasota Beach
Community Name
Siesta Sunset
MLS Area Major
Sarasota/Crescent Beach/Siesta Key

Property Description

5.9% Seller Financing and Nightly rentals, a unicorn. This 7-unit investment property is unique in that it operates more similar to hotel than a single family vacation rental. It has years of returning guests and it's one of very few elevated properties allowing the former mentioned, nightly rentals. 2-studios, 2-1 bedrooms, 2-2 bedrooms, and a penthouse suite with wrap around balcony. Your guests will enjoy a great pool area, sizable covered space with a grill, on site laundry, and a roof top deck. It's 1 block to both the Village and beach, guests walk everywhere. Park your car in one of the 7 newly pavered spaces and don't start it again until the vacation is over. Now for you the owner, a private office/guest check in, 2 storage areas for linens housewares etc, and a commercial laundry for turnovers. These types never trade, don't let another 20 years pass before this sells again. Cap rate and NOI is proforma

Additional Information

Taxes
$22056
Minimum Lease
1-7 Days
Location
FloodZone
Community Features
No Deed Restriction
Property Description
Two Story
Zoning
RMF1
Interior Layout
Built-in Features, Ceiling Fans(s), Thermostat
Interior Features
Built-in Features, Ceiling Fans(s), Thermostat
Utilities
Cable Available, Cable Connected, Electricity Connected, Public
Heating
Electric
Air Conditioning
Central Air
Exterior Construction
Block
Exterior Features
Balcony, Fence, Private Entrance, Storage
Roof
Metal
Foundation
Slab
Pool
Private
Pool Type
In Ground
Water Access
Gulf/Ocean
Flood Zone Code
AE
Parcel ID
0082120051
Legal Description
BEG AT NELY COR OF LOT 16 BLK 17 TH S-4-35-W ALG E LINE OF SAID LOT 16 64.98 FT TO SE COR OF LOT 16 TH S-9-09-W ALG E LINE OF LO

Listing courtesy of COMPASS FLORIDA LLC. 941-279-3630

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