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DESCRIPTION

If you're looking for tremendous income with great appreciation, look no further. Just steps to world famous Siesta/Crescent beach, this complex has tremendous income history and seller believes it has not yet hit it's potential. There are two 2 bed 1 bath units and two 1 bed 1 bath units, minimum lease period 1-7 days 52 times a year. Each unit is beautifully furnished and just steps to the beach. It's location is close to restaurants and shopping and the Stickney Point bridge for easy access on and off the island. Trailing 12 months gross income $375,000 with minimal expenses. Let's get creative, seller will look at leasing back or even a possible trade.

KEY DETAILS
  • Price:
  • $3,250,000
  • Bedrooms:
  • 0
  • Full Baths:
  • 0
  • Square Footage:
  • 2,628
  • Acreage:
  • 0.17
  • Year Built:
  • 1993
  • MLS #:
  • A4452746
  • Street Address:
  • 6905 Point Of Rocks Rd
  • City:
  • Siesta Key
  • State:
  • FL
  • Postal Code:
  • 34242
  • County:
  • Sarasota
  • Area:
  • 34242 - Sarasota/Crescent Beach/Siesta Key
  • Subdivision:
  • Point Of Rocks Terrace
  • Listing Status:
  • For Sale - Active

Building

  • Building Condition:
  • Completed
  • Construction Description:
  • Wood Frame, Wood Siding
  • Exterior Features:
  • Balcony, Lighting
  • Flooring:
  • Ceramic Tile, Laminate
  • Foundation:
  • Stilt/On Piling
  • Interior Features:
  • Cathedral Ceiling(s), Living Room/Dining Room Combo, Stone Counters, Window Treatments
  • Number Of Units:
  • 5
  • Patio Description:
  • Covered, Deck
  • Square Footage Source:
  • Owner
  • Stories:
  • Two
  • Total Building Square Footage:
  • 2628
  • Type Of Roof:
  • Shingle
  • Year Built:
  • 1993

Business

  • Annual Income:
  • 315000.00
  • Gross Income:
  • 375000

Land

  • Conforms To Zoning:
  • Rmf1
  • Lot Square Footage:
  • 7200

Listing

  • Can Be Leased:
  • Yes
  • Days On Market:
  • 86
  • Minimum Lease Term:
  • 1-7 Days
  • Property Description:
  • Elevated
  • Terms:
  • Cash, Conventional, Other

Money

  • Property Taxes:
  • $11,187
  • Tax Year:
  • 2018

Rooms

  • Laundry Description:
  • Laundry Room
  • Other Rooms:
  • Inside Utility

Structures

  • Carport Present:
  • 1
  • Number Of Carport Spaces:
  • 2
  • Parking Description:
  • Common, Covered

Systems

  • Appliances:
  • Dishwasher, Disposal, Dryer, Microwave, Range
  • Cooling System:
  • Central Air
  • Existing Water:
  • Public
  • Heating:
  • Central, Electric
  • Sewage Type:
  • Public Sewer

Water

  • Has Water Access:
  • 1
  • Water Access Type:
  • Beach - Public, Gulf/Ocean

Source

  • Listing Provided By RE/MAX Alliance Group

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