6326 Midnight Pass Road Unit 206, Sarasota, FL 34242

$635,000
2
BD
2
BA
1,054
SqFt
Sold Price
$635,000
List Price
$649,000
Status
Sold
Days on Market
48
Closing Date
Apr 30, 2018
MLS#
A4213214
Property Style
Condo
Year Built
1975
Bedrooms
2
Bathrooms
2
Living Area
1,054
Building Name
El Presidente
Legal Subdivision Name
El Presidente
Community Name
El Presidente
MLS Area Major
Sarasota/Crescent Beach/Siesta Key

Property Description

Updated condominium directly on the beautiful white sands of Siesta Key beach and one of the top five revenue producers in the El Presidente rental program with an excellent weekly rental history. Gross rental income in 2017 was an impressive $56,661 despite being unavailable for four weeks due to interior renovations. The 2016 gross rental revenue came in at $55,960. This turn-key furnished two bedroom, two bathroom unit has an open kitchen with breakfast bar, granite countertops, stainless appliances and a subway tile backsplash. The condo also boasts updated bathrooms, tile floors throughout, crown molding, a large laundry/ storage room and oversized patio. El Presidente is a popular beachfront complex with an onsite rental management team. It is perfect for investors or those looking for a second home that will generate enough rental income to cover expenses and then some. Amenities include a heated beachside pool, tennis court, outdoor grills, owner's lounge and a sauna (coming soon). El Presidente is conveniently located to the shops and restaurants of Siesta Key Village to the north, and the shops, restaurants, boat rentals and marina to the south.

Additional Information

Taxes
$5,638
Minimum Lease
1 Week
Hoa Fee
$1,757
HOA Payment Schedule
Quarterly
Maintenance Includes
Cable TV, Community Pool, Escrow Reserves Fund, Insurance, Maintenance Exterior, Maintenance Grounds, Manager, Pest Control, Recreational Facilities, Sewer, Trash, Water
Location
In County, Near Public Transit, Sidewalk, Street Paved
Community Features
Buyer Approval Required, Deed Restrictions, Pool, Tennis Courts, Water Access, Waterfront Complex
Property Description
One Story
Zoning
RMF3
Interior Layout
Ceiling Fans(s), Crown Molding, Elevator, Living Room/Dining Room Combo, Stone Counters, Walk-In Closet(s)
Interior Features
Ceiling Fans(s), Crown Molding, Elevator, Living Room/Dining Room Combo, Stone Counters, Walk-In Closet(s)
Floor
Ceramic Tile
Appliances
Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
Utilities
Cable Connected, Electricity Connected
Heating
Central, Heat Pump
Air Conditioning
Central Air
Room Dimensions
Kitchen: 11x8, Great Room: 21x15, Master Bedroom: 14x11, Bedroom 2: 14x10, Balcony/Porch/Lanai: 40x5
Exterior Construction
Block, Stucco
Exterior Features
Balcony, Outdoor Grill, Sliding Doors, Tennis Court(s)
Roof
Membrane
Foundation
Stem Wall
Pool
Community
Pool Type
Heated
Garage Carport
1 Car Carport, Under Building Parking
Garage Features
Assigned, Underground
Water Name
Gulf Of Mexico
Water View
Gulf/Ocean - Partial
Water Access
Beach - Public
Water Frontage
Beach - Public
Pets
Not allowed
Floor Number
2
Flood Zone Code
AE

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of Coldwell Banker Res R E. Selling Office: WATERSIDE REALTY LLC.

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