Description
Unique Investment and Vacation Rental Property in the Heart of Siesta Key! This high-end modern duplex set up as a 10 bedroom/10 bathroom vacation rental with a rare deeded private access to Siesta beach. Successful buyer will get an ideal vacation rental property with a revenue opportunity of $600K+ pa.
Duplex - built in late 2017 - has 2 units, each with a separate entrance and its own heated pool. Each unit has 3 ensuite bedrooms, 1 flex room, and a guest suite on the first floor by the pool and 4.5 bathrooms. Each unit can be rented as 5 bedrooms, 4.5 bathrooms to accommodate 10 guest groups or the whole house can be rented as 10 bedrooms, 10 bathrooms to lucrative 20+ guests groups. Duplex’s zoning as RMF2 allows amazing flexibility with daily and weekly rentals.
Units are tastefully designed with high ceilings, hurricane-resistant windows, wood-look tile flooring, designer kitchens with extra-large islands with granite countertops, high-end stainless appliances, and plenty of cabinets for storage. Each ensuite bedroom has a private bath. The primary bedroom is spacious with a spa-like bath with a freestanding tub and separate shower and access to the expansive balcony with amazing sunset views. Copy and paste to watch video with the property’s location: https://player.vimeo.com/video/671558406
Each unit also includes a private elevator and private two-car garage and plenty of outdoor parking. 2nd-floor unit is sold fully furnished and 3rd is partially furnished.
The 2nd-floor unit (5 bedrooms with pool-side suite) is top rental on VRBO / Airbnb for the last 2 years and did $200K in rental revenue in 2021. It is already fully booked through the end of July 2022 and sellers will pass all rentals to the successful buyer once the deal is closed.
Don’t miss your opportunity to acquire already proven and profitable vacation rental property in the center of Siesta Key! Start making a solid rental income on your first day as a new owner! Either manage it yourself or outsource all work to top Siesta Key vacation rental management company - the choice is yours!
Property Highlights
- Property Type: Multi Family, Duplex
- MLS #: T3351041
Area |
34242 - Sarasota/Crescent Beach/Siesta Key |
Elementary School |
Phillippi Shores Elementary |
Garage |
Yes |
High School |
Sarasota High |
Middle School |
Brookside Middle |
Number of Units Total |
2 |
Property Subtype |
Residential Income |
Property Type |
Duplex |
Subdivision |
Gulf View On Little Sarasota Bay |
Taxes |
$32,171 |
Utilities |
Cable Available, Natural Gas Available, Cable Connected, Electricity Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Available, Sewer Connected |
Flooring |
Ceramic Tile |
Garage |
Yes |
Garage Spaces |
4 |
Laundry |
Laundry Room |
Appliances |
Bar Fridge, Convection Oven, Cooktop, Dishwasher, Disposal, Dryer, Electric Water Heater, Freezer, Gas Water Heater, Ice Maker, Microwave, Range Hood, Refrigerator, Washer, Wine Refrigerator |
Community Features |
Pool |
Construction Materials |
Concrete, Stucco |
Cooling |
Central Air |
Exterior Features |
Balcony, Outdoor Grill, Outdoor Kitchen, Outdoor Shower, Rain Gutters |
Has View |
Yes |
Heating |
Electric, Natural Gas |
Interior Features |
Built-in Features, Eat-in Kitchen, Elevator, High Ceilings, Open Floorplan, Walk-In Closet(s) |
Interior Square Footage |
7,053 |
Lot Size Acres |
0.25 |
Lot Size Dimension |
90x240 |
Lot Size Square Feet |
10,911 |
Patio Features |
Front Porch, Patio |
Roof |
Metal |
Sewer |
Public Sewer |
Stories |
Three Or More |
Water Source |
Public |