$682,000
$699,000
2.4%For more information regarding the value of a property, please contact us for a free consultation.
3 Beds
2 Baths
1,152 SqFt
SOLD DATE : 08/16/2019
Key Details
Sold Price $682,000
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 1,152 sqft
Price per Sqft $592
Subdivision Siesta Rev
MLS Listing ID A4412452
Sold Date 08/16/19
Bedrooms 3
Full Baths 2
Construction Status Appraisal,Financing,Inspections
HOA Y/N No
Year Built 1981
Annual Tax Amount $6,699
Lot Size 0.260 Acres
Acres 0.26
Lot Dimensions 92x170x85x110
Property Description
EXCELLENT vacation rental home , no HOA's!, proven track record of rental income with Over 69k annual gross income average for the last 3 years and potential for more. Permitted by the City for weekly rentals. Same management company for 3 years, a solid customer base. All near the in the no.1 beach ,Siesta Key Beach . Ideal rental situation for someone looking to use it part of the year and let it pay for itself. Professional management in place for hands free ownership or take it over and turn it into an Air B $ B cash cow. Walking distance to Shell Rd Beach and only a short bike ride to the No. 1 Siesta Key Beach . This home went through a massive renovation/restoration in 2015, including new deck and railing with additional stairs, a sparkling Pebbletech pool with heater for 365 day pool use, brick paver pool deck, storage shed, new AC, new hardy plank siding, all new paint inside and out, fresh shell and pebbles for low maintenance grounds, a new electrical panel installed in 2015, new kitchen with solid wood cabinets and granite counter tops, stainless steel appliances, new thermostat, and new washer and dryer . Potential gross $99,000 with an effective rental income of $69k average for the last 3 years , current vacancy rate 25%. great opportunity to increase your bottom line. excellent Management company in place, low fees.
Location
State FL
County Sarasota
Community Siesta Rev
Zoning RSF2
Rooms
Other Rooms Family Room, Great Room, Inside Utility
Interior
Interior Features Ceiling Fans(s), Solid Surface Counters, Stone Counters, Vaulted Ceiling(s), Window Treatments
Heating Central, Electric
Cooling Central Air
Flooring Ceramic Tile, Wood
Fireplace false
Appliance Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
Exterior
Exterior Feature Balcony, Fence, Sliding Doors
Garage Oversized
Pool In Ground
Utilities Available Cable Available, Cable Connected, Electricity Connected, Public
Waterfront false
Water Access 1
Water Access Desc Beach - Public,Gulf/Ocean
View Garden, Trees/Woods
Roof Type Shingle
Porch Covered, Deck, Patio, Porch
Parking Type Oversized
Garage false
Private Pool Yes
Building
Lot Description Corner Lot, FloodZone, City Limits, Level, Near Public Transit, Paved
Entry Level Three Or More
Foundation Slab, Stilt/On Piling
Lot Size Range 1/4 Acre to 21779 Sq. Ft.
Sewer Public Sewer
Water Public
Architectural Style Elevated, Key West
Structure Type Siding,Wood Frame
New Construction false
Construction Status Appraisal,Financing,Inspections
Schools
Elementary Schools Phillippi Shores Elementary
Middle Schools Brookside Middle
High Schools Riverview High
Others
Pets Allowed Yes
Senior Community No
Ownership Fee Simple
Acceptable Financing Cash, Conventional
Membership Fee Required None
Listing Terms Cash, Conventional
Special Listing Condition None
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