Listing Details for MLS #A4458157
1132 Windsong Ln, Sarasota, Fl

Residential Property - Condominium in Sarasota

Listing Price: $3,975,000 (Mortgage Calculator →)Days on Market: 199

Description of Property

Income-Property on Siesta Key. 1132 & 1136 being sold together. Duplex-type 2 unit land condo, with deeded beach access at the end of Windsong Lane. Each townhome side boasts 6 bedrooms and 5 baths, with private elevators, swimming pools on the 4th floor decks and roof-top sun porches. Side A has 4 garages and Side B has 3. Each side is configured so the 2nd floors can serve as 2br/2ba guest apartments. Built like a fortress with 550 yards of concrete and impact glass for almost complete noise and heat insulation. Central gas to property for pools, oven/ranges, etc. All balconies have gas, water and electric. Instant electric water heaters in units. Each floor has separate a/c system. Allows nightly rentals and being sold turn-key. Qualified Siesta Key property management agents project $350K to $400K annual gross income, conservatively (based on 66% occupancy) for this Great user/investor property. Grounds are primarily paver brick and artificial grass. Perfect for renting to large groups like wedding parties, family reunions and friends wanting to stay close. Rental agents anticipate high demand due to the lack of competing large properties. Great cash flow potential!This is the only 12 bedroom/10 bath condominium between $3,400,000 and $4,400,000 currently listed for sale in this Zip code.