Fabulous duplex with great history just off siesta key

$400,000
3
2
2,500
sq. ft.
$160
per sq ft
Heated sq ft: 2,200 sq ft
Avg Nightly Rate: $180
Home Legally Sleeps: 10
Occupancy Rate: 50 weeks
Annual Gross Income : 80000
Annual Net Operating Income : 30000
Property Type: Multi-Unit Property (B&B)
Ownership Type: Full (100%)
Seasoned Short Term Rental: Yes
Furnishings Included: Yes
For Sale By: Owner
Seller Financing: No
Niche: Beach, Couples/Romance
New Construction: Inquire
Days on Vrolio: 917

Property Description

Locals living on or near Siesta Key will tell you . . . You couldn't ask for a better location! Just east of Stickney Point Bridge off southern Siesta Key, this renovated villa offers a true Sarasota vacation experience. Located within walking distance to Siesta Beach, this mainland location is also close to popular Gulf Gate Village with dining, shopping, and entertainment. This cozy hideaway villa has two seperate units: The "Beach Side Bliss- 1 bedroom" offers a living room with a flat-screen TV adjacent to an open retro kitchen with a breakfast bar. Down the hall are your private bath with rain head shower and bedroom with queen bed and private patio to enjoy your morning coffee or get lost in a good book. The "Island Paradise" is a 2 bedroom villa. It features a cool Island vibe two bedroom apartment with a huge eat in kitchen, living room with wood burning fireplace and a beautiful outdoor pool right outside your living room sliding glass doors The pool and grounds are shared between the two villas- offering a sparkling pool and island-inspired lounge area for relaxing in the Florida lifestyle. Grounds include a bbq/picnic area with firepit and a giant mango tree. Easy walk to Siesta Key New roof, septic and mini split AC units installed within the last three years

Presented by:
Owner:
kimberly martinez
Seller Financing
No
Distress Sale
None
Seller Financing Terms
Seasonal Nightly Rates
High: 269
Low: 189
Peak: 269
Special Event: 189
Avarage: 180.00
Furniture Age
2
Est Value of Furnishings
$25,000
Peak & High Seasons
January, February, March, June, July, August
Ownership Percentage
Full (100%)
Qualifies for foreign national visa
Not sure
Reason for Selling
looking to invest in other business interests
Foreign national buyer restrictions from government?
Not sure
Gross Annual Income
80000
Net Operating Income
30000
Stories
1
Additional Indoor Rooms
Family Room, Living Room
Appliances
Dryer, Full stove, Microwave, Refrigerator, Washer
Heating/Cooling
Wall Unit A/C, Wood Burning Fireplace
Floor Coverings
Other
Security
No
Security Description
Half Baths
Inquire
Master Suite(s)
Inquire
Energy Efficiency
Year built
1960
Outdoor Features
Fire Pit, Inground Pool, Porch - Screened
View
Other
Backyard Exposure
South
Lot Size
.33 acre decent sized lot with picnic table. bbq area, giant mangoe tree, unfinished she shed and firepit
Community Features
Tax Amount/Year
$3,850
CDD Amount
Inquire
Neighborhood
Inquire
Deed Restricted Community
No
Interview Required
No
Neighborhood Amenities
Mandatory HOA
Inquire
Home Legally Sleeps:
10
Onsite Parking
two car driveway, one car in a covered carport and legal street parking
Neighborhood Association STR Rules
Inquire
Municipality STR Rules
Yes, https://www.sc-pa.com/propertysearch/parcel/details/0104110022 Single Family Residence Zoned a boutique hotel is directly across the street to the the north
Transferrable Permit or License
Yes, Transfers to new owner
Rental Tax Info
$0.12
Minimum Nightly Rental
No Minimum
Rental Length Requirement
No Restriction
Has Rental History
Yes
Established Rental History
3 Years
Occupancy Rate
50
Being Sold with Bookings
Inquire
Caretaker Info
InquireCaretaker cannot stay and oversee the property
Bookings Placed By
Manager
Managed By
Manager
Management Bookings Percentage
$0.20
Caretaker Bookings Percentage
Inquire
Paid Booking History
Yes
Future Booking Calendar
Management Fees
Inquire
Caretaker Fees
Inquire
Sold with Marketing Collateral
Yes, AirBnb profile, Booking.com Profile, Private website, Professional photos, VRBO and/or Homeaway profile, canada stays
Manager Cancellation Policy
none
 
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Credit Card Fee
$0.02
Cleaning Fee
$5,000.00
Licesnes & Permits (Annual)
Inquire
Advertising & Tech Costs (Annual)
$500.00
Yard & Pest Control (Annual)
$800.00
Pool & Spa Maintinence (Annual)
$850.00
Electricity (Annual)
$2,400.00
Water/Sewer (Annual)
$600.00
Cable/Interbet (Annual)
$2,400.00
Accounting Fee (Annual)
$2,000.00
Property Taxes (Annual)
$3,850.00
Homeowner's Insurance (Annual)
$675.00
Short Term Rental Insurance Rider (Annual)
Inquire
CDD Fee (Annual)
Inquire
Annual Homeowner's Association Dues
Inquire
Additional Membership Fees (Annual)
Inquire
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User understands this calculator is deemed reliable but not guaranteed. Vrolio makes absolutely no guarantees on returns or income. User should do their own due diligence and verify all data before making a purchasing decision. User understands that this is an educational tool only. We therefore accept no liability arising from any reliance made by any user or person to whom this information is made available to. Please use this tool at your own discretion and use caution always before buying any real estate investment.

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