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$4,700,000
$4,700,000
price
Real Estate Professional
C.

Description

Unique Investment and Vacation Rental Property in the Heart of Siesta Key! This high-end modern duplex set up as a 10 bedroom/10 bathroom vacation rental with a rare deeded private access to Siesta beach. Successful buyer will get an ideal vacation rental property with a revenue opportunity of $600K+ pa. Duplex - built in late 2017 - has 2 units, each with a separate entrance and its own heated pool. Each unit has 3 ensuite bedrooms, 1 flex room, and a guest suite on the first floor by the pool and 4.5 bathrooms. Each unit can be rented as 5 bedrooms, 4.5 bathrooms to accommodate 10 guest groups or the whole house can be rented as 10 bedrooms, 10 bathrooms to lucrative 20+ guests groups. Duplex’s zoning as RMF2 allows amazing flexibility with daily and weekly rentals. Units are tastefully designed with high ceilings, hurricane-resistant windows, wood-look tile flooring, designer kitchens with extra-large islands with granite countertops, high-end stainless appliances, and plenty of cabinets for storage. Each ensuite bedroom has a private bath. The primary bedroom is spacious with a spa-like bath with a freestanding tub and separate shower and access to the expansive balcony with amazing sunset views. Copy and paste to watch video with the property’s location: https://player.vimeo.com/video/671558406 Each unit also includes a private elevator and private two-car garage and plenty of outdoor parking. 2nd-floor unit is sold fully furnished and 3rd is partially furnished. The 2nd-floor unit (5 bedrooms with pool-side suite) is top rental on VRBO / Airbnb for the last 2 years and did $200K in rental revenue in 2021. It is already fully booked through the end of July 2022 and sellers will pass all rentals to the successful buyer once the deal is closed. Don’t miss your opportunity to acquire already proven and profitable vacation rental property in the center of Siesta Key! Start making a solid rental income on your first day as a new owner! Either manage it yourself or outsource all work to top Siesta Key vacation rental management company - the choice is yours!

Property Highlights

  • Property Type: Multi Family, Duplex
  • MLS #: T3351041

General Information

Area 34242 - Sarasota/Crescent Beach/Siesta Key
Elementary School Phillippi Shores Elementary
Garage Yes
High School Sarasota High
Middle School Brookside Middle
Number of Units Total 2
Property Subtype Residential Income
Property Type Duplex
Subdivision Gulf View On Little Sarasota Bay
Taxes $32,171

Room Information

Garage Yes
Garage Spaces 4

Property Features

Has View Yes
Interior Square Footage 7,053
Lot Size Acres 0.25
Lot Size Dimension 90x240
Lot Size Square Feet 10,911
$4,700,000
$4,700,000
price
Real Estate Professional
C.
Location
1204 Derby Lane, Sarasota, FL 34242 Driving Directions
Similar Listings
Sarasota
Nearby Schools
Listed by Marcia Van Ginhoven, Redfin Corporation.

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