$600,000
$619,000
3.1%For more information regarding the value of a property, please contact us for a free consultation.
901 BEACH RD #303 Sarasota, FL 34242
1 Bed
1 Bath
697 SqFt
Key Details
Sold Price $600,000
Property Type Condo
Sub Type Condominium
Listing Status Sold
Purchase Type For Sale
Square Footage 697 sqft
Price per Sqft $860
Subdivision La Siesta
MLS Listing ID A4534781
Sold Date 09/01/22
Bedrooms 1
Full Baths 1
Condo Fees $1,575
HOA Y/N No
Originating Board Stellar MLS
Year Built 1972
Annual Tax Amount $3,860
Property Description
**** 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!
Location
State FL
County Sarasota
Community La Siesta
Zoning RMF3
Interior
Interior Features Ceiling Fans(s), Living Room/Dining Room Combo, Solid Surface Counters, Walk-In Closet(s), Window Treatments
Heating Central, Electric
Cooling Central Air
Flooring Carpet, Ceramic Tile
Furnishings Turnkey
Fireplace false
Appliance Dishwasher, Disposal, Electric Water Heater, Microwave, Range, Refrigerator
Exterior
Exterior Feature Balcony
Garage Assigned, Covered
Community Features Buyer Approval Required, Fitness Center, Pool
Utilities Available BB/HS Internet Available, Electricity Connected, Public, Sewer Connected, Water Connected
Amenities Available Clubhouse, Elevator(s), Fitness Center, Laundry, Pool, Shuffleboard Court, Vehicle Restrictions
Waterfront false
View Y/N 1
View Water
Roof Type Built-Up
Parking Type Assigned, Covered
Garage false
Private Pool No
Building
Story 4
Entry Level One
Foundation Slab
Sewer Public Sewer
Water Public
Structure Type Stucco
New Construction false
Others
Pets Allowed Number Limit, Size Limit, Yes
HOA Fee Include Common Area Taxes, Pool, Insurance, Maintenance Structure, Maintenance Grounds, Pest Control, Pool, Sewer, Trash, Water
Senior Community No
Pet Size Small (16-35 Lbs.)
Ownership Condominium
Monthly Total Fees $525
Acceptable Financing Cash, Conventional
Membership Fee Required Required
Listing Terms Cash, Conventional
Num of Pet 1
Special Listing Condition None
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Bought with MICHAEL SAUNDERS & COMPANY