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5228 CALLE MENORCA

En Venta
$2,690,000

BTC: 34.79948254

ETH: 1,098.40751327

5 días
6 camas
4 baños
2,050 sqft

Visión general

Discover an exceptional income producing property in the heart of coveted Siesta Key. This fully renovated multi unit compound features two spacious 3 bedroom, 2 bathroom units, one upstairs and one downstairs, making it ideal for short term rental investors. The current owner is available to continue managing the property for the next owner at only a 10 percent fee, offering a seamless, turnkey transition. The property generated $393,000 in gross income in 2023, $350,000 in 2024 (with two months of downtime due to hurricane impact), and $308,977 in 2025 (still down from hurricane related effects), with 2026 year to date income of $214,000 through July, offering strong and proven cash flow. Recent improvements include new AC (2025), updated flooring (2024 to 2025), modernized plumbing (2024), electrical upgrades (2022), and refreshed hot tubs (2021). What truly sets this property apart is its Commercial General (CG) zoning with a special exemption allowing nightly rentals, a rare and highly valuable designation on Siesta Key that protects the short term rental use. This zoning also unlocks significant redevelopment potential, including the possibility to construct an approximately 85 foot building with ground floor parking, 11 two bedroom units, and a rooftop pool. Property is part of a very successful Airbnb portfolio consisting of three duplexes with cap rates exceeding 10 percent. Please inquire for details.

Ubicación

Florida SARASOTA 34242 En Venta

Detalles

Tipo:
Residential
Estacionamiento:
Sin datos
Año de construcción:
1965
Lote:
0.10 Hectáreas
Calefacción:
Central / Electric
precio por sq. medidor:
$1,312
Enfriamiento:
Central Air
HOA:
Sin datos

Destacados

Annual tax
$13,996
2025
Pool
Above Ground
Más hechos y características
  • Piso

    • Vinyl

    Calefacción

    • Central

    • Electric

    Enfriamiento

    • Central Air

    Accesorios

    • Dishwasher

    • Dryer

    • Microwave

    • Range

    • Refrigerator

    • Washer

    Otras características interiores

    • Other

    Dormitorios y baños

    • Dormitorios: 6

    • Baños completos: 4

  • Propiedad

    • Pisos: Two

    • Piscina Privada: Si

    • Características Exteriores: Lighting / Outdoor Grill / Outdoor Shower / Sauna

    Lote

    • Lote: 0.10 Hectáreas

    Otra Información de Propiedad

    • Número de Parcela: 0080170029

    • Zonificación: CG

  • Tipo y estilo

    • Tipo de propiedad: Residential

    • Subtipo de propiedad: 1/2 Duplex

  • Utilidad

    • Cable Available

  • Otra información financiera

    • Importe anual de impuestos: $13,996

  • Detalles de la fuente

    • MLS ID: TB8541886

    Otros hechos

    • Materiales de construcción: Block / Wood Frame

    • Detalles de la fundación: Slab

    • Características de lavandería: Laundry Room

    • Características de la piscina: Above Ground

    • Caras de dirección: East

    • Salón: 2050

    • Fuente de agua: Public

    • Nombre de subdivisión: SARASOTA BEACH

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The multiple listing information is provided by the Stellar MLS from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Stellar MLS. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: PEOPLE'S TRUST REALTY