Residential Property - Condominium in Sarasota
SOLD for $600,000 on September 1, 2022
Listing Price: $619,000Sold Price: $600,000Sold Price/List Price: 97%
Sold Price/Original List Price: 80.11%
Description of Property
**** INVESTOR ALERT! ***** 5%+ CAP RATE! **** It really is all about the location- and of course the view! Almost perpetually leased, this wonderful income producing property at La Siesta is perfectly located just across the street from the world-famous Siesta Key Beach, recently proclaimed Tripadvisor's number one beach in the United States. This nicely updated one-bedroom, one-bath turnkey furnished unit features comfortable chic coastal furnishings, a fully equipped kitchen with new stainless steel appliances, new HVAC, and is the perfect place for tenants and owners to set up shop and explore Siesta Key and all Sarasota has to offer. Kick back, relax and enjoy a glass of wine at sunset from your private screened lanai with a view of the Gulf of Mexico, or just head down to be the beach for a stroll along the water front. La Siesta offers everything you want in resort-style amenities; community pool, fitness center, on-site laundry facility, grills and a recently updated clubhouse with recreation room. The unit offers a reserved covered parking space. The weekly rental policy at La Siesta provides healthy income, this unit is booked pretty much solid through third week in May of 2023. The rental program is managed by a full-time on-site management staff for the convenience of the owners and the guests alike. Yes, you can have it all!
Property Details At A Glance
Property Type: Residential
Property Use or Sub Type: Condominium
City: Sarasota
County: Sarasota
Subdivision: La Siesta
Bedrooms: 1
Bathrooms: 1
Sq. Ft. Living Area: 697
Cost per (heated) sqare foot: $888
Year built: 1972
Annual Tax: $3,860
Condo Fee: $1,575 Quarterly
Taxes and fees can change periodically, and other fees may apply. Please check with your Suncoasteam agent for more details.
- Common Area Taxes
- Community Pool
- Insurance
- Maintenance Structure
- Maintenance Grounds
- Pest Control
- Pool Maintenance
- Sewer
- Trash
- Water
Interior Features:
- Ceiling Fans(s)
- Living Room/Dining Room Combo
- Solid Surface Counters
- Walk-In Closet(s)
- Window Treatments
Appliances:
- Dishwasher
- Disposal
- Electric Water Heater
- Microwave
- Range
- Refrigerator
Accessibility Features:
Window Features: Blinds
Additional Rooms:
Ceiling Type:
Flooring: Carpet, Ceramic Tile
Pool & Waterfront Info
Private Pool: Not specified
Pool Features:
Spa Features:
Water Frontage:
Water Access: Not specified
Water Access Type:
Water View: Gulf/Ocean - Partial
Exterior & Construction
Architectural Style:
Construction: Stucco
Foundation: Slab
Roof: Built-Up
Exterior Features: Balcony
Carport: Yes
Carport Spaces: 1
Parking Features: Assigned, Covered
Floors Total: 4
Floors in Unit: One
Cooling: Central Air
Heating & Fuel: Central, Electric
Electric:
Patio & Porch Features: Covered, Deck
Security Features:
Other Structures:
View: Water
Fencing:
Utilities:
- BB/HS Internet Available
- Electricity Connected
- Public
- Sewer Connected
- Water Connected
Sewer: Public Sewer
Water Source: Public
Community Features:
- Buyer Approval Required
- Fitness
- Pool
Association Amenities:
- Clubhouse
- Elevator(s)
- Fitness Center
- Laundry
- Pool
- Shuffleboard Court
- Vehicle Restrictions
Lot Information
Lot Features:
Front Exposure: West
Adjoining Property:
Current Adjacent Use:
Legal Description & Other Information
Financing Available: Cash, Conventional
Parcel Number: 0107025015
Zoning: RMF3
Pets Allowed/Pet Policies: Number Limit, Size Limit, Yes
Tax Legal Desc.: UNIT 303 BLDG A LA SIESTA
Listing courtesy of COLDWELL BANKER REALTY. 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.