UPDATED:
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 3,467 sqft
Price per Sqft $863
Subdivision Point Of Rocks Terrace
MLS Listing ID A4679536
Bedrooms 8
HOA Y/N No
Year Built 1993
Annual Tax Amount $22,341
Lot Size 7,405 Sqft
Acres 0.17
Lot Dimensions 60x120
Source Stellar MLS
Property Description
The intimate complex features a desirable mix of one and two bedroom residences and is professionally managed and offered fully turnkey, with all systems, furnishings, and operational components optimized for short-term rental performance. This established, high-performing hospitality asset demonstrates strong guest appeal, repeat bookings, and the ability to command premium nightly rates, allowing a new owner to seamlessly step into a stabilized operation from day one.
Guests are consistently drawn to the unbeatable across-the-street beach access, eliminating parking hassles and enhancing walkability, an increasingly rare and highly sought-after advantage that supports rate premiums throughout the year. The property's boutique scale and coastal charm deliver the personalized, resort-style experience today's travelers prefer, further strengthening occupancy and guest loyalty. No rental restrictions provide a critical competitive edge, offering complete flexibility to optimize booking strategies, pricing models, and minimum stays without regulatory limitations.
An approximately $2.2 million short-term assumable loan enhances the investment profile, while strong financials underscore the property's exceptional performance. With limited comparable inventory, enduring demand for high-quality coastal accommodations, and an irreplaceable location on Siesta Key, this offering represents a rare opportunity to acquire a trophy boutique hospitality asset in one of Florida's most coveted beach markets.
The Point of Rocks location further elevates market performance, placing guests within walking distance of Crescent Village's restaurants, shops, and boutiques, while maintaining direct proximity to one of the world's most celebrated beaches. This is a truly exceptional acquisition for investors seeking immediate cash flow, long-term appreciation, and a premier presence in an iconic coastal destination.
Location
State FL
County Sarasota
Community Point Of Rocks Terrace
Area 34242 - Sarasota/Crescent Beach/Siesta Key
Zoning RMF1
Interior
Interior Features Cathedral Ceiling(s), Ceiling Fans(s), Living Room/Dining Room Combo, Stone Counters, Thermostat, Window Treatments
Heating Central
Cooling Central Air
Fireplace false
Laundry Inside
Exterior
Exterior Feature Balcony, Courtyard, Fence, Lighting, Outdoor Grill, Outdoor Shower, Private Yard, Rain Gutters, Sidewalk
Parking Features Common, Covered, Driveway
Utilities Available BB/HS Internet Available, Cable Connected, Electricity Connected
Water Access Yes
Water Access Desc Beach
View Garden
Roof Type Shingle
Garage false
Private Pool No
Building
Lot Description Corner Lot
Foundation Slab, Stilt/On Piling
Lot Size Range 0 to less than 1/4
Sewer Public Sewer
Water Public
Structure Type Frame
New Construction false
Schools
Elementary Schools Phillippi Shores Elementary
Middle Schools Brookside Middle
High Schools Sarasota High
Others
Senior Community No
Ownership Fee Simple
Acceptable Financing Assumable
Listing Terms Assumable
Special Listing Condition None
Virtual Tour https://www.propertypanorama.com/instaview/stellar/A4679536
NEARBY SCHOOLS & PROPERTIES
- 8
Phillippi Shores Elementary School
Public | PK - 5
- 7
Gulf Gate Elementary School
Public | PK - 5
- 5
Wilkinson Elementary School
Public | PK - 5
- 0
Ese Special Programs
Public | PK - 12
- 0
Sarasota Virtual Instruction Program
Public | KG - 12
- 0
The Out-of-Door Academy
Private | PK - 12
- 0
Out of Door Academy-Upper School
Private | PK - 12
- 0
Triad
Public | 6 - 12
- 7
Riverview High School
Public | 9 - 12
- 7
Suncoast Polytechnical High School
Public | 9 - 12
- 0
Sarasota Virtual Instruction (Course Offerings)
Public | 9 - 12
GET MORE INFORMATION
Peggie McQueen
Broker Associate | License ID: BK3425403
Broker Associate License ID: BK3425403