Residential Property - Condominium in Sarasota
Listing Price: $459,850 (Mortgage Calculator →)
Description of Property
Situated on the second story of a 4 unit building within the complex this turnkey Lido Key condo looks and feels like a cozy beach cottage. Enjoy morning coffee on your south facing balcony. Refresh yourself in the beautiful blue Gulf waters at the end of the street then pop over to the adjacent beach bar for lunch, happy hour, or sunset! Walk (or rent a bike) to nearby St Armands Circle and enjoy its myriad of shopping and dining choices - day and night. There's a romantic fireplace (heat optional)for curling up with a good book if we have a cold snap, a full size W/D, lots of closet space, a carport, and (drumroll)..... excellent income potential! Why is the price higher than some? Because of the income potential. The complex is one of the few on Lido Key that doesn't require long term rentals - this allows you to maximize income. It is very popular on Airbnb and VRBO, with many guests returning regularly year 'round. Summer rates for this floorplan are apprx. $240 nt. and Season '27 bookings are $365+ nt.. Upgrades have created a roomy space that adapts well to dual purpose use. While there's a carport, a car isn't really needed to get around the island, and there is a free trolley to/from Whole Foods and adjacent Main Street restaurants and shops, as well as an almost free taxi type service.
Bedrooms: 1
Bathrooms: 1
Sq. Ft. Gross: 657
Garage: No
Carport: No
Property Details At A Glance
Property Type: Residential
Property Use or Sub Type: Condominium
City: Sarasota
County: Sarasota
Subdivision: Chateau Village
Bedrooms: 1
Bathrooms: 1
Sq. Ft. Gross: 657
Sq. Ft. Living Area: 657
Cost per (heated) sqare foot: $700
Year built: 1972
Annual Tax: $995
Condo Fee: $785 Monthly
Taxes and fees can change periodically, and other fees may apply. Please check with your Suncoasteam agent for more details.
- Water
Appliances: Washer
Fireplace: Yes
Fireplace Features: Decorative
Flooring: Tile
Pool & Waterfront Info
Private Pool: Not specified
Exterior & Construction
Construction: Stucco
Foundation: Other
Roof: Shingle
Exterior Features: Sliding Doors
Floors Total: 1
Floors in Unit: One
Cooling: Central Air
Heating & Fuel: Space Heater
Sewer: Public Sewer
Water Source: Public
Community Features: Community Mailbox
Lot Information
Lot Size (acres): 0.33
Lot Size (sq. ft.): 14,467 square feet
Front Exposure: Northwest
Legal Description & Other Information
Financing Available: Other
Parcel Number: 2016111006
Zoning: RMF2
Pets Allowed/Pet Policies: No
Tax Legal Desc.: UNIT 201 CHATEAU VILLAGE
Section: 35
Range: 17
Listing courtesy of BEYCOME OF FLORIDA LLC. The information relating to real estate for sale on this website comes in part from the My Florida Regional MLS DBA Stellar MLS. This information is provided exclusively for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS.