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!
Property Features
Other Rooms
- Total Rooms: 8
- Primary Bathroom: 14 x 11
- Primary Bathroom Level: First
- Living Room Dimensions: 14 x 16
- Living Room Level: First
Appliances
- Dishwasher
- Disposal
- Dryer
- Electric Water Heater
- Microwave
- Range
- Range Hood
- Refrigerator
- Washer
- Laundry Features: Inside, Laundry Closet
Bedrooms
- Bedrooms: 3
- Primary Bedroom Dimensions: 12 x 17
- Bedroom 2 Dimensions: 12 x 13
- Bedroom 3 Dimensions: 13 x 14
- Primary Bedroom Level: First
- Bedroom 2 Level: First
- Bedroom 3 Level: First
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
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
- Furnished Description: Turnkey
- Flooring: Ceramic Tile, Wood
- Window Features: Blinds, Drapes, Window Treatments
Heating and Cooling
- Cooling Features: Central Air, Zoned
- Heating Features: Central, Electric, Zoned
Kitchen and Dining
- Dining Room Dimensions: 11 x 11
- Dining Room Level: First
- Kitchen Dimensions: 10 x 12
- Kitchen Level: First
Waterfront and Water Access
- Water Body Name: GULF OF MEXICO
- Water Features: Beach
- Beach Front
- Gulf/Ocean
- Waterfront Feet: 600
Exterior and Lot Features
- Balcony
- Lighting
- Other Structures: Cabana
- Road Responsibility: Public Maintained Road
- Road Surface Type: Asphalt
- Porch Dimensions: 8 x 14
- Porch Level: First
Pool and Spa
- Pool Features: Gunite, Heated, In Ground, Lighting
Garage and Parking
- Attached Garage: Yes
- Garage Spaces: 1
- Parking Features: Circular Driveway, Covered, Guest, Open, Under Building, Valet
Land Info
- Lot Description: FloodZone, In County, Landscaped, Private, Street Dead-End, Paved
- Lot Size Acres: 3.63
- Lot Size Square Feet: 158295
Home Features
Homeowners Association
- Association: Yes
- Association Amenities: Cable TV, Elevator(s), Fitness Center, Maintenance, Pool, Spa/Hot Tub
- Association Fee: 16077
- Association Fee Frequency: Quarterly
- 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, Pool, Recreational Facilities, Security, Sewer, Trash, Water
- Calculated Total Monthly Association Fees: 5359
- Association Name: Juli Trimpe
- Pets Allowed: No
School Information
- Elementary School: Phillippi Shores Elementary
- High School: Sarasota High
- Middle School: Brookside Middle
Condo Info
- Unit Floor In Building: 4
Rental Info
- Lease Term: Minimum Lease: 1-7 Days
Amenities and Community Features
- Community Features: Fitness Center, Pool
Other Property Info
- 0
- Community Association WaterFeatures
- Annual Tax Amount: 14955.20999999
- Source Listing Status: Active
- County: Sarasota
- Directions: South on Midnight Pass Road, Right on Seaside, Hyatt is on the right. Please feel free to use the complimentary valet if attendant is available.
- Tax Year: 2023
- Ownership: Condominium
- Source Property Type: Residential
- Area: 34242 - Sarasota/Crescent Beach/Siesta Key
- Property Subtype: condo
- Source Neighborhood: SIESTA KEY BEACH RESIDENCES II
- Parcel Number: 0108155019
- Postal Code Plus 4: 2575
- Subdivision: SIESTA KEY BEACH RESIDENCES II
- Township: 37S
- Zoning: RMF3
- Property Features: Condo Fees: 0 Quarterly
- Property Subtype: Condominium
- Source System Name: C2C
Building and Construction
- Total Square Feet Living: 1750
- Year Built: 2009
- Building Area Source: Public Records
- Building Area Total: 1840
- Building Name: HYATT RESIDENCE CLUB SKB
- Construction Materials: Cement Siding, Concrete
- Direction Faces: East
- Foundation Details: Stilt/On Piling
- Levels: One
- Property Age: 15
- Property Condition: Completed
- Roof: Concrete
- Levels or Stories: 6
- Building Total Stories: 6
- Structure Type: Corner Unit, Mid Rise
- Elevator: Yes
- Architectural Style: Contemporary
Utilities
- Sewer: Public Sewer
- Cable Connected
- Electricity Connected
- Natural Gas Connected
- Sewer Connected
- Water Connected
- Water Source: Public
