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Description
Completely renovated in 2021, this property offers the appeal and functionality of newer construction while delivering a proven track record as a high-performing short-term rental. Generating approximately $400,000 to $500,000 in annual rental revenue, the home has been thoughtfully designed to accommodate large groups with eight bedroom suites, expansive gathering spaces, and a seamless blend of indoor and outdoor living.Guests are drawn to the experience this property provides-from mornings spent taking in Gulf views from the balconies to afternoons by the private pool and spa, and evenings gathering around the outdoor kitchen or enjoying time with family and friends throughout the home's multiple entertainment areas. Its spacious layout, private elevator, and proximity to both beach access and Siesta Key Village continue to make it a sought-after destination for vacationers.Combining strong rental performance with luxury coastal living, this property presents a rare opportunity to own an established income-producing asset in one of Siesta Key's most desirable locations.
Property Highlights
Property Type: Multi Unit - Multiple
Cooling: Central Air
Garage: 2 car attached
Heating: Central
Lot Size: 0.13 Acres
Roof Type: Metal
Stories: 3.0
Taxes: $37,822
Year Built: 1996
General Information
Bedrooms: 8
Sqft: 4,681
County: Sarasota
Subdivision: SARASOTA BEACH
Listed By:
Curt Ware
KW COASTAL LIVING III
941-900-4151
MLS ID: A4697531
Amenities
Built-in Features
Ceiling Fans(s)
Open Floorplan
Thermostat
Vaulted Ceiling(s)
Wet Bar
Balcony
Hurricane Shutters
Lighting
Outdoor Grill
Outdoor Kitchen
Private Mailbox
Sliding Doors
Storage
Property Features
Annual Net Income: 350000.00
Appliances: Bar Fridge, Convection Oven, Dishwasher, Disposal, Dryer, Freezer, Ice Maker, Microwave, Washer, Wine Refrigerator
Directions: From Stickney Point Rd, head north on Midnight Pass Rd. Continue onto Beach Rd toward Siesta Key Village. Follow Beach Rd past the public beach access points. The property will be on the left at 316 Beach Rd
Exterior: Block, Concrete
Flood Zone Code: AE
Flooring: Luxury Vinyl, Tile
Foundation: Pillar/Post/Pier, Slab
Home Warranty Y/N: No
Listing Terms: Cash, Conventional
Lot Dimensions: 0.13
Ownership: Fee Simple
Pool: Auto Cleaner, Heated, In Ground, Lighting, Pool Alarm
Property Attached Y/N: No
Property Sub-Type: Duplex
Sewer: Public Sewer
Showing Instructions: Appointment Only, Call Before Showing
Spa: Heated, In Ground, Swim Spa
Special Sale Provisions: None
Special View Info: Water
Swimming Pool: Yes
Utilities: Cable Available, Electricity Connected, Sewer Connected, Water Connected
Water: Public
Water Access: Beach - Access Deeded, Gulf/Ocean
Water Access Y/N: Yes
Water View: Gulf/Ocean - Full, Gulf/Ocean - Partial
Zoning: RMF1
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316 Beach Road , Sarasota, FL 34242.
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Estimated Payment
$ 22,386.79 per month $17,704.00 Principal & Interest $3,151.83 Property Tax $1,530.96 Homeowner's InsuranceChange Payment Information
About this area
About Sarasota
Sarasota, FL is a cultural gem. Once home to the Ringling Brothers Circus, Sarasota boasts a rich arts scene that brings people from all over the area to enjoy world-class theater, music, and other performing arts. Sarasota is also a haven with spectacular scenery, turquoise water and white sandy beaches. It offers a delightful downtown with a variety of small boutiques and exceptional restaurants. With its dynamic culture and arts scene and incredible natural beauty, Sarasota is a wonderful place to call “home.”
Learn More About Living in Sarasota, Florida
Terry Ward
Office: (941) 761-3100
Email Me
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