Beach Club Hotel Condos-Nice 1031 Reinvestment

Hospitality for Sale
Catylist Listing ID: 30368806
Property Subtypes: Casino, Hotel
Number of Units: 4 Units
Building Size (RSF): 2,988 SF
Gross Building Area: See Agent
Sale Price: $1,760,000
Unit Price: $440,000 Per Unit
Property Use Type: Investment
Name of Establishment: Beach Club at Siest Key
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 6/14/2019

Overview / Comments

Excellent Investment or 1031 opportunity. Single or multiple units available as a package. This portfolio includes units: *910 Seaside Dr. #102A (800 Sq. Ft.) *6732 Sarasea Cir. #202C (744 Sq. Ft.) *6732 Sarasea Cir. #204C (744 Sq. Ft.) *1084 Sun N Sea Dr. #101E (710 Sq. Ft.) This is the perfect beach getaway and a no hassle financial investment. This property looks and feels brand new. The deeded Beach Access and a functional floor plan make this residence ideally suited for a vacation in paradise for you or your guests. Trip Advisor rates this property at 4.5 with 202 reviews. This and professional on-site property management for your peace of mind. The owner is limited to 120 days per year personal use.Some offer garden views, and 1 and 2-bedroom suites are also available. Amenities include a heated outdoor pool, a hot tub, and laundry facilities, plus complimentary beach chairs and umbrellas.

Additional Details

Nearest MSA: North Port-Sarasota-Bradenton
County: Sarasota
Taxing Authority: Saraasota County
Tax ID/APN: 0108156029, 0108156020, 0108156002, 010815016
Zoning: RMF3
Retail Clientele: Family, Traveler, Tourist, Recreation
Property Located Between: Stickney Point to Midnight Pass Road, Left on Midnight Pass Road, Right on Sun and Sea, property will be on your left hand side.
Property Visibility: Excellent
Largest Nearby Street: Midnight Pass Road
Nearby Attractions: The Beach Club at Siesta Key is located just steps away from the sugar sand beach that has made Siesta Key world-renowned. Located 2 blocks from the beach, this homey resort with condos is seven miles from Marie Selby Botanical Gardens and 11 miles from Mote Marine Laboratory.
Number of Stories: 2
Property Condition: Excellent
Year Built: 2009
Roof Type: Gable
Construction/Siding: HardiePlank Siding
Water Recreation: Outdoor Pool, Spa
Parking Type: Surface
Parking Description: Elegant sea-inspired decor, plus flat-screen TVs, full kitchens with stainless steel appliances, free Wi-Fi and iPod docks.
Heat Type: Electricity
Heat Source: Central
Air Conditioning: Package Unit

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 4,563 44,814 112,897
Median Age: 63.36 54.71 52.7
Households: 2,594 22,623 54,565
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