Pre-construction. To be built: Rare opportunity for new construction on a buildable vacant lot on Siesta key only steps away from beautiful Siesta beach and the Siesta village. Use as a single family home or maximize your income as a vacation rental (short term rentals ALLOWED) or a combination of both! Potential gross income could exceed $100,000 annually with an estimated capitalization rate of over 10% as completed. Take advantage of reasonable building costs and avoid all of the building code issues and rising insurance costs in your newly built custom island dream home built by a well respected local builder for LESS than what you would spend on an existing house! Building plans are available and final cost may vary. Room for a pool. Financing options are available through a local lender. Lot and house will require separate contracts This is a rare and unique opportunity that won't last long.
This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.
