Kerry Mazzella
$660,000

1054 Sun N SEa Drive Sarasota, FL 34242 Residential - Condominium Active

  • 1054 Sun N Sea Drive , Unit 106, Sarasota, FL 34242 Main Photo

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Description

Siesta Key investment property and nightly rental opportunity at Beach Club at Siesta Key, approved for true nightly vacation rentals near world famous Siesta Key Beach. Historical rental income approaches $83,000 annually, with modeled revenue potential exceeding $103,000 if owner use nights were made available for rental. Historical bookings show approximately 209 reserved nights annually with average nightly rates between $397 and $450, creating a strong income producing profile relative to the $660,000 list price. Detailed rental history, booking records, and revenue analysis are available for review.Few properties on Siesta Key combine true nightly rental eligibility, documented rental performance approaching $83,000 annually, modeled revenue potential exceeding $103,000, extensive renovation, and resort style amenities within this price range.Unit 106D is the largest floor plan in the community and is positioned as a private corner residence overlooking the heated resort style pool with minimal foot traffic. Built in 2009 with elevated construction, the building sustained no storm related damage.This Unit has been recently and extensively renovated beyond prior community finishes. While some online rental marketing may reflect earlier interiors, the unit now features luxury vinyl plank flooring throughout, matching quartz countertops in the kitchen and bathrooms, updated cabinetry, stainless steel appliances, modern fixtures, and renovated kitchen and bath spaces. A full size washer and dryer supports guest convenience and longer stays.From entry, the space presents more like a boutique resort suite than a typical beach rental. Upgrades were selected for both visual appeal and rental durability. Offered fully furnished and turnkey, the property is positioned for immediate continuation of nightly rental operations.A detailed 3D virtual tour is included with the listing to allow buyers to explore the residence remotely. Due to consistent guest bookings, showing availability may require advance coordination.Ownership allows up to 120 days of personal use annually while maximizing income through nightly rentals. Professional on site management handles reservations, guest communication, cleaning, and maintenance.Community amenities include a heated pool, hot tub, grilling areas, shared patio spaces, complimentary beach chairs and umbrellas, on site office support, and gated beach access to Siesta Key Beach.Located near the South Bridge with Crescent Market and the restaurants, bars, and shops of Siesta Key's South Village just around the corner. Recent interior updates and the residence's desirable pool view location create additional opportunity for increased booking activity and nightly rates as updated photography and marketing are introduced.Historical booking data demonstrates consistent guest demand and strong occupancy, while analysis of owner use nights indicates additional revenue potential depending on preferred usage strategy.Properties offering true nightly rental flexibility with Siesta Key Beach access, documented rental performance approaching $83,000 annually, modeled revenue potential exceeding $103,000, and extensive renovation rarely become available within this price range on Siesta Key. Detailed rental history, booking records, and full revenue analysis are available upon request.

Property Highlights

Property Type: Residential - Condominium
Cooling: Central Air
Heating: Electric
Roof Type: Metal
Stories: 1.0
Taxes: $6,022
Year Built: 2009

General Information

Bedrooms: 2
Bathrooms: 2 Full
Sqft: 800
County: Sarasota
Subdivision: BEACH CLUB AT SIESTA KEY
Listed By:
Josie Cline MICHAEL SAUNDERS & COMPANY 941-349-3444

Amenities

Built-in Features
Coffered Ceiling(s)
Crown Molding
Eat-in Kitchen
High Ceilings
Outdoor Grill
Outdoor Shower

Room Information

Living Room: 16x12
Kitchen: 12x12
Primary Bedroom: 14x10
Bedroom 2: 10x10
Primary Bathroom: 10x5
Bathroom 2: 10x5

Property Features

Appliances: Cooktop, Dishwasher, Disposal, Dryer, Electric Water Heater, Exhaust Fan, Freezer, Ice Maker, Microwave, Range, Range Hood, Refrigerator, Washer
Community Features: Buyer Approval Required, No Truck/RV/Motorcycle Parking, Pool, Special Community Restrictions
Condo Fee: $3925/ Quarterly
Directions: Going west on Stickney Point, Turn left on Midnight Pass Road. Turn Right on Sun N Sea Drive. Turn Left into the beach Club at Siesta Key Complex. Building 1054 is on your left.
Exterior: Block, Vinyl Siding
Flood Zone Code: AE
Flooring: Luxury Vinyl
Foundation: Stilt/On Piling
Home Warranty Y/N: No
Listing Terms: Cash, Conventional, Other
Lot: FloodZone, In County, Near Marina
Other Structures: Gazebo
Ownership: Condominium
Parking: Open
Parking Notes: Open
Patio/Porch: Porch
Pets Allowed: Cats OK, Dogs OK, Size Limit, Yes
Pets Restrictions: *Unit owners may have pets not weighing more than 20lbs. Pets are not allowed for guests or tenants.
Pets Size: Small (16-35 Lbs.)
Pets Weight (Max): 20
Pool: Child Safety Fence, Gunite, Heated, In Ground, Lighting
Property Attached Y/N: No
Property Sub-Type: Condominium
Sewer: Public Sewer
Showing Instructions: 24 Hour Notice, Appointment Only, Contact Call Center, Key In Office, Listing Agent Must Accompany, No Lockbox, Other, See Remarks, ShowingTime
Spa: In Ground
Special Sale Provisions: None
Special View Info: Water
Utilities: BB/HS Internet Available, Cable Connected, Electricity Connected, Public, Sewer Connected, Water Connected
Water: Public
Water Access: Beach, Beach - Access Deeded, Gulf/Ocean
Water Access Y/N: Yes
Zoning: RMF3
$660,000
2beds
2.0baths
800sqft
New to the Market Active
BEDS2 BATHS2 full SQUARE FEET800 MLS#A4685194
STATUSActive PROPERTY TYPEResidential - Condominium SUBDIVISIONBEACH CLUB AT SIESTA KEY

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1054 Sun N Sea Drive , Unit 106, Sarasota, FL 34242.

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Estimated Payment

$ 2,920.40 per month $2,226.07 Principal & Interest $501.83 Property Tax $192.50 Homeowner's Insurance

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Sarasota

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Sarasota, FL is a cultural gem. Once home to the Ringling Brothers Circus, Sarasota boasts a rich arts scene that brings people from all over the area to enjoy world-class theater, music, and other performing arts. Sarasota is also a haven with spectacular scenery, turquoise water and white sandy beaches. It offers a delightful downtown with a variety of small boutiques and exceptional restaurants. With its dynamic culture and arts scene and incredible natural beauty, Sarasota is a wonderful place to call “home.” 

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