Residential Property - Condominium in Sarasota
Listing Price: $869,000 (Mortgage Calculator →)
Description of Property
With $70,000+ in gross revenue on the books for 2025 at a 74% occupancy rate, welcome to Palm Bay Club #129! Investor? End user? Hybrid of the two perhaps? Gulfside Club-Units at Palm Bay Club rarely hit the open market. Only two have sold publicly in the last two years, with most trading off-market if they trade at all. This ‘Corner Club Unit’, #129, is a rare chance to own one of these. The corner unit layout brings in additional natural light, coastal privacy, and a residential feel. The renovation is elevated throughout with custom offset tile in every room, granite counters in the kitchen and both baths, tiled shower walls, feature accents, leather furnishings, and a new stainless refrigerator. The style is clean, modern, and unmistakably coastal. And the location? Steps to the white sand of Siesta Key Beach without crossing Midnight Pass Rd, and positioned perfectly between the beach, the Gulfside pool, and the tennis courts. It’s the easiest kind of Siesta living. With Palm Bay Club’s short-term rental flexibility and full on-site management, 129 works seamlessly as a personal retreat or an effortless income property to add to your portfolio. Offered turnkey furnished for the right offer means rental income never misses a beat unless by your design!
Property Details At A Glance
Property Type: Residential
Property Use or Sub Type: Condominium
City: Sarasota
County: Sarasota
Subdivision: Palm Bay Club Iii
Bedrooms: 2
Bathrooms: 2
Sq. Ft. Gross: 1,408
Sq. Ft. Living Area: 1,268
Cost per (heated) sqare foot: $685
Year built: 1975
Annual Tax: $8,829
Condo Fee: $5,063 Quarterly
Taxes and fees can change periodically, and other fees may apply. Please check with your Suncoasteam agent for more details.
- Security
Appliances: Washer
Flooring: Tile
Pool & Waterfront Info
Private Pool: Not specified
Water Front: Yes
Water Frontage: Gulf/Ocean
Water Access: Yes
Water Access Type: Gulf/Ocean to Bay
Exterior & Construction
Construction: Stucco
Foundation: Slab
Roof: Membrane
Exterior Features: Sliding Doors
Carport: Yes
Carport Spaces: 1
Floors Total: 1
Floors in Unit: One
Cooling: Central Air
Heating & Fuel: Central
Electric:
Patio & Porch Features: Screened
Security Features:
Other Structures:
View:
Fencing:
Sewer: Public Sewer
Water Source: Public
Community Features: Tennis Court(s)
Association Amenities: Tennis Court(s)
Lot Information
Lot Size (acres): 2.27
Lot Size (sq. ft.): 98,972 square feet
Front Exposure: South
Legal Description & Other Information
Parcel Number: 0105136209
Zoning: RMF3
Pets Allowed/Pet Policies: No
Tax Legal Desc.: UNIT N-10 PALM BAY CLUB OF SARASOTA SEC 3
Section: 18
Range: 18E
Listing courtesy of MICHAEL SAUNDERS & COMPANY. 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.