5322 Calle De La Siesta, Siesta Key, FL 34242

$4,400,000
9
BD
11
BA
4,437
SqFt

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List Price
$4,400,000
Price Change
▼ $500,000 1785183522
MLS#
A4682172
Bedrooms
9
Bathrooms
11
Sq. Ft
4,437
Lot Size
5,514
Subtype
Quadruplex
County
Sarasota
Community
No Deed Restriction
Subdivision
Siesta Sunset
Region
Sarasota/Crescent Beach/Siesta Key
Year Built
1999

Property Description

5.9% Seller Financing and Nightly rentals, a unicorn. This 7-unit investment property is unique in that it operates more similar to hotel than a single family vacation rental. It has years of returning guests and it's one of very few elevated properties allowing the former mentioned, nightly rentals. 2-studios, 2-1 bedrooms, 2-2 bedrooms, and a penthouse suite with wrap around balcony. Your guests will enjoy a great pool area, sizable covered space with a grill, on site laundry, and a roof top deck. It's 1 block to both the Village and beach, guests walk everywhere. Park your car in one of the 7 newly pavered spaces and don't start it again until the vacation is over. Now for you the owner, a private office/guest check in, 2 storage areas for linens housewares etc, and a commercial laundry for turnovers. These types never trade, don't let another 20 years pass before this sells again. Cap rate and NOI is proforma

Additional Information

Heating
Electric
Cooling
Central Air
Roof
Metal
Sewer
Public Sewer
Water
Beach View, Beach Access
Water Access
Yes
Exterior Features
Balcony, Fence, Private Entrance, Storage
Construction
Block
Living Area
4,437
Pool
Yes

Listing courtesy of COMPASS FLORIDA LLC. Contact: 941-279-3630

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