
Property Attributes
- MLS#U8197221
- TypeIncome
- CountySARASOTA
- CitySarasota
- AreaSarasota-Crescent Beach-Siesta Key
- NeighborhoodSABAL PALMS
- Zip34242
- StyleDuplex
- Year Built1952
- Taxes$ 8423
- Price$ 3,275,000
- Bedrooms4
- Full Bathrooms3
- Half Bathrooms0
- Sqr Footage1850
- Lot Size9,148 SqFt
Data Source:
Stellar MLS
Property Description
Experience the best of Siesta Key with this vibrant two-unit beach artist-style duplex, featuring a heated saltwater pool and an enviable location that offers both privacy and easy access to the beach, restaurants, and shops. Tucked away on a peaceful cul-de-sac, this property is divided into two separate units: a 3-bedroom, 2-bathroom unit and a 1-bedroom, 1-bathroom unit. With its rare zoning approval for short-term and nightly rentals, this property is perfect for use as a primary home, vacation home, or income-generating investment. This home's revenue is sure to exceed your expectations. All aspects of the rental, including cleaners, management, and handyman services, are already in place, ensuring a seamless and hassle-free transition. This property has earned a 4.9-star rating as a VRBO 'Premier Host and is recognized as an Airbnb 'SuperHost'. With a projected gross income of $320k for 2023 and already 50% booked for the year, you can't go wrong with this investment. Both units have undergone recent upgrades, including new floors, fresh paint, new bathrooms, and stylish new furnishings. Local artist-created custom murals provide pops of color to the traditional shiplap walls, built-ins, and wood-burning fireplace. The kitchens feature granite countertops and stainless-steel appliances, and the exteriors offer new fencing, a stone-paved patio with two grills, and a heated saltwater pool. Located just steps away from Crescent/Siesta Key Beach and a variety of restaurants, bars, grocery stores, and shops, this property also provides easy access to rental shops for boating, kayaking, jet skiing, and other water sports. Publix is only a five-minute drive from the property.
Price History | |
---|---|
4/13/2023 | Listed $3,495,000 |
5/24/2023 | 7% - $3,275,000 |
General Features
Additional Parcels Y/N | No |
---|---|
Appliances | Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer |
Association Y/N | No |
Building Area Units | Square Feet |
Buyer Agent Compensation | 3% |
Carport Y/N | No |
City | SARASOTA |
Construction Materials | Block, Wood Siding |
Cooling | Central Air |
County | Sarasota |
Directions | Take 75 South to Naples, Right onto Clark Rd towards Siesta Key, Left on Midnight Pass Rd, Left on Old Stickney Point Rd, Right onto Sabal Dr. |
Disclosures | Lead Paint, Seller Property Disclosure |
Exterior Features | French Doors, Rain Gutters, Sliding Doors |
Garage Y/N | No |
Heating | Central |
Interior Features | Ceiling Fans(s), Living Room/Dining Room Combo |
Levels | One |
Lot Size Square Feet | 8960 |
MLS Area | 34242 - Sarasota/Crescent Beach/Siesta Key |
Minimum Lease | No Minimum |
New Construction | No |
Patio/Porch Features | Enclosed, Patio, Rear Porch |
Percent Ownership | Fee Simple |
Pets Allowed | Yes |
Pool Features | Child Safety Fence, Heated, In Ground, Salt Water |
Possession | Close of Escrow |
Private Pool | Yes |
Property Condition | Completed |
Property SubType | Duplex |
Property Type | Residential Income |
Roof | Shingle |
Senior Community Y/N | No |
Sewer | Public Sewer |
Standard Status | Active |
Status | Active |
Street Name | SABAL |
Subdivision Name | SABAL PALMS |
Tax Annual Amount | 8423.97 |
Tax Lot | A |
Tax Year | 2022 |
Terms | Cash, Conventional |
Total Number of Buildings | 1 |
Total Units | 2 |
Township | 37S |
Unit Count | 2 |
Utilities | BB/HS Internet Available, Cable Available, Electricity Available, Public, Water Available |
View | Pool, Trees/Woods |
Virtual Tour | https://www.propertypanorama.com/instaview/stellar/U8197221 |
Water Access YN | No |
Waterfront Y/N | No |
Year Built | 1952 |
Zoning | RMF1 |
Interior Features
Fireplace Y/N | No |
---|---|
Flood Zone Code | Zone AE |
Flooring | Vinyl |
Living Area Units | Square Feet |
Livingareasource | Appraiser |
Street Suffix | DRIVE |
Total Baths | 3 |
Total Bedrooms | 4 |
Exterior Features
Days on Market | 41 |
---|---|
Living Area | 1850 |
Building Area Total | 1988 |
Foundation Details | Slab |
Lot Features | Cul-De-Sac |
Lot Size Acres | 0.21 |
Parking Features | Open |
Road Responsibility | Public Maintained Road |
Road Surface Type | Asphalt |
Spa | No |
Water Extras YN | No |
Water Source | Public |
Water View YN | No |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool