Welcome to your lucrative investment opportunity on Siesta Key Beach! Discover the perfect blend of luxury living and investment potential with this stunning 3 bedroom, 2 bathroom condominium, managed by the esteemed Hyatt Vacation Club and boasting a profitable rental component. Nestled along the pristine shores of Siesta Key Beach, this exquisite property offers not only the promise of an idyllic coastal lifestyle but also the opportunity for substantial rental income. In 2023, the current owner generated rental revenue of more than $129,000 across 167 nights, while also enjoying 104 days of personal use. The potential for maximizing returns is simply outstanding! Imagine owning a piece of paradise that not only serves as your personal retreat but also generates substantial income when you're not soaking in the sun or enjoying the tranquil waves. With Siesta Key Beach consistently ranked among the top beaches globally, demand for vacation rentals in this coveted destination is perennially high, ensuring a steady stream of income for savvy investors. This meticulously designed condominium features spacious living areas, modern amenities, and elegant finishes throughout, making it an irresistible choice for discerning travelers seeking the ultimate beach getaway. From the gourmet kitchen to the luxurious master suite, every detail has been carefully curated to provide guests with an unforgettable experience. Delight in the essence of seaside living with glimpses of the Gulf of Mexico and Siesta Key Beach gracing your living space from the primary suite, living room, and lanai. As part of the Hyatt Vacation Club, residents and guests alike enjoy access to a wealth of world class amenities, including a sparkling swimming pool, fitness center, and concierge services, further enhancing the appeal and desirability of this exceptional property. Whether you're looking to diversify your investment portfolio, supplement your income, or simply own a piece of paradise to call your own, this condominium offers unparalleled potential. Don't miss out on this rare opportunity to own a profitable piece of Siesta Key Beach. Schedule your private tour today and start reaping the rewards of beachfront ownership!
Welcome to your lucrative investment opportunity on Siesta Key Beach! Discover the perfect blend of luxury living and investment potential with this stunning 3 bedroom, 2 bathroom condominium, managed by the esteemed Hyatt Vacation Club and boasting a profitable rental component. Nestled along the pristine shores of Siesta Key Beach, this exquisite property offers not only the promise of an idyllic coastal lifestyle but also the opportunity for substantial rental income. In 2023, the current owner generated rental revenue of more than $129,000 across 167 nights, while also enjoying 104 days of personal use. The potential for maximizing returns is simply outstanding! Imagine owning a piece of paradise that not only serves as your personal retreat but also generates substantial income when you're not soaking in the sun or enjoying the tranquil waves. With Siesta Key Beach consistently ranked among the top beaches globally, demand for vacation rentals in this coveted destination is perennially high, ensuring a steady stream of income for savvy investors. This meticulously designed condominium features spacious living areas, modern amenities, and elegant finishes throughout, making it an irresistible choice for discerning travelers seeking the ultimate beach getaway. From the gourmet kitchen to the luxurious master suite, every detail has been carefully curated to provide guests with an unforgettable experience. Delight in the essence of seaside living with glimpses of the Gulf of Mexico and Siesta Key Beach gracing your living space from the primary suite, living room, and lanai. As part of the Hyatt Vacation Club, residents and guests alike enjoy access to a wealth of world class amenities, including a sparkling swimming pool, fitness center, and concierge services, further enhancing the appeal and desirability of this exceptional property. Whether you're looking to diversify your investment portfolio, supplement your income, or simply own a piece of paradise to call your own, this condominium offers unparalleled potential. Don't miss out on this rare opportunity to own a profitable piece of Siesta Key Beach. Schedule your private tour today and start reaping the rewards of beachfront ownership!
Features
Building and Construction
Covered Spaces: 0.00
Exterior Features: Balcony, Lighting
Flooring: Ceramic Tile, Wood
Living Area: 1750.00
Other Structures: Cabana
Roof: Concrete
Property Information
Property Condition: Completed
Land Information
Lot Features: FloodZone, In County, Landscaped, Private, Street Dead-End, Paved
School Information
High School: Sarasota High
Middle School: Brookside Middle
School Elementary: Phillippi Shores Elementary
Garage and Parking
Garage Spaces: 1.00
Open Parking Spaces: 0.00
Parking Features: Circular Driveway, Covered, Guest, Open, Under Building, Valet
Eco-Communities
Pool Features: Gunite, Heated, In Ground, Lighting
Water Source: Public
Utilities
Carport Spaces: 0.00
Cooling: Central Air, Zoned
Heating: Central, Electric, Zoned
Pets Allowed: No
Sewer: Public Sewer
Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Amenities
Association Amenities: Cable TV, Elevator(s), Fitness Center, Maintenance, Pool, Spa/Hot Tub
Finance and Tax Information
Home Owners Association Fee Includes: Guard - 24 Hour, Cable TV, Common Area Taxes, Pool, Electricity, Escrow Reserves Fund, Gas, Insurance, Internet, Maintenance Structure, Maintenance Grounds, Management, Pest Control, Recreational Facilities, Security, Sewer, Trash, Water
Home Owners Association Fee: 16077.61
Insurance Expense: 0.00
Net Operating Income: 0.00
Other Expense: 0.00
Tax Year: 2023
Other Features
Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Range Hood, Refrigerator, Washer
Association Name: Juli Trimpe
Association Phone: 941-356-4688
Country: US
Furnished: Turnkey
Interior Features: Ceiling Fans(s), Crown Molding, High Ceilings, Living Room/Dining Room Combo, Open Floorplan, Solid Surface Counters, Solid Wood Cabinets, Split Bedroom, Stone Counters, Thermostat, Window Treatments
Legal Description: UNIT 412, SIESTA BEACH RESIDENCES II, PER CONDO DECLARATION IN ORI 2012150771
Levels: One
Area Major: 34242 - Sarasota/Crescent Beach/Siesta Key
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