SIESTA SANDS BEACH RESORT: a rare opportunity to own one of the highest grossing vacation rental condos, with direct beach views of Siesta Key’s legendary powdery white quartz sands and tranquil Gulf waters. The highly desirable 4th floor northwest corner unit can make a fabulous year-round primary residence, winter retreat, or a profitable investment with approximately $95k in gross rental income for 2023. The spacious and well-appointed direct beachfront condo is situated at the Southern end of Crescent Beach, in one of the most sought-after boutique resort communities on Siesta Key. With 2-bedrooms, 2-bathrooms, and two private balconies overlooking the beach you and your guests can enjoy gulf views, relaxing tropical breezes, and memorable sunsets year-round. The seaside suite was designed with relaxation and rejuvenation in mind, with an open floor plan maximizing the spectacular views and providing the ultimate oasis to unwind after a day at the beach. This established vacation rental is fully equipped and turnkey furnished, with a strong rental history, high occupancy rates, and future bookings in place. Included with this condo, one covered parking space, in-unit laundry, and private storage offers added convenience. The resort-style amenities at Siesta Sands delight guests and owners alike with beach rental service for lounge chairs, umbrellas, and more, TWO heated pools, WIFI, poolside gazebo, gas grills, exercise room, bamboo lounge, and wonderful onsite rental management. The boutique resort is a secluded retreat in paradise with only 31 units, and boasts private, gated beach access to Crescent Beach. The fabulous location is steps from the key’s South Village with fresh seafood around every corner, just north Point of Rocks, one of the best snorkeling spots in the area, and only a short drive from downtown Sarasota’s top attractions. If you prefer to stay on the island, bicycle or flag down the free trolley to explore Siesta Key Village just to the north, for shopping or dining.
Sold for $1,700,000 on 11/02/23
$1,700,000
1001 Point Of Rocks Rd #412, Sarasota, FL 34242
2beds
1,370sqft
Condominium
Built in 1988
-- sqft lot
$1,545,600 Zestimate®
$1,241/sqft
$5,139 Estimated rent
Home value
$1,545,600
$1.41M - $1.70M
$5,139/mo
Zestimate® history
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What's special
Zillow last checked: 8 hours ago
Listing updated: February 26, 2024 at 08:28pm
Listing Provided by:
Doug Parks 941-400-9087,
MICHAEL SAUNDERS & COMPANY 941-388-4447
Bought with:
Derek Patti, PLLC, 3281087
NEXTHOME EXCELLENCE
Source: Stellar MLS,MLS#: A4582689
Originating MLS: Sarasota - Manatee
Originating MLS: Sarasota - Manatee
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
Primary bedroom
- Description: Room4
- Level: First
- Dimensions: 12x16
Bedroom 2
- Description: Room5
- Level: First
- Dimensions: 12x12
Dining room
- Description: Room2
- Level: First
- Dimensions: 10x19
Kitchen
- Description: Room3
- Level: First
- Dimensions: 12x7
Living room
- Description: Room1
- Level: First
- Dimensions: 15x22
Heating
- Electric
Cooling
- Central Air
Appliances
- Included: Dishwasher, Disposal, Dryer, Electric Water Heater, Ice Maker, Microwave, Range, Range Hood, Refrigerator, Washer
- Laundry: Inside, Laundry Closet
Features
- Ceiling Fan(s), Living Room/Dining Room Combo, Split Bedroom, Thermostat
- Flooring: Tile
- Doors: Sliding Doors
- Windows: Window Treatments
- Has fireplace: No
- Furnished: Yes
Interior area
- Total structure area: 1,638
- Total interior livable area: 1,370 sqft
Property
Parking
- Parking features: Assigned, Covered, Ground Level, Oversized, Under Building
Features
- Levels: One
- Stories: 1
- Exterior features: Balcony, Lighting, Sidewalk
- Has view: Yes
- View description: Water, Beach, Gulf/Ocean - Full
- Has water view: Yes
- Water view: Water,Beach,Gulf/Ocean - Full
- Waterfront features: Waterfront, Beach, Gulf/Ocean, Beach Access, Gulf/Ocean Access
- Body of water: GULF OF MEXICO
Details
- Parcel number: 0108181022
- Zoning: RMF3
- Special conditions: None
Construction
Type & style
- Home type: Condo
- Architectural style: Coastal
- Property subtype: Condominium
Materials
- Stucco
- Foundation: Raised
- Roof: Membrane
Condition
- New construction: No
- Year built: 1988
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Public
Community & neighborhood
Community
- Community features: Water Access, Waterfront, Fitness Center, Gated Community - No Guard, Irrigation-Reclaimed Water, Pool
Location
- Region: Sarasota
- Subdivision: SIESTA SANDS RESORT
HOA & financial
HOA
- Has HOA: Yes
- HOA fee: $1,113 monthly
- Services included: Cable TV, Common Area Taxes, Community Pool, Reserve Fund, Fidelity Bond, Insurance, Internet, Maintenance Structure, Maintenance Grounds, Manager, Pest Control, Pool Maintenance, Sewer, Trash, Water
- Association name: Siesta Sands Beach Resort / Sheila Johnson
- Association phone: 941-383-3117
Other fees
- Pet fee: $0 monthly
Other financial information
- Total actual rent: 0
Other
Other facts
- Listing terms: Cash
- Ownership: Condominium
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 11/2/2023 | Sold | $1,700,000-5.3%$1,241/sqft |
Source:  Stellar MLS #A4582689 | ||
| 9/27/2023 | Pending sale | $1,795,000$1,310/sqft |
Source: Stellar MLS #A4582689 | ||
| 9/15/2023 | Listed for sale | $1,795,000+11.5%$1,310/sqft |
Source: Stellar MLS #A4582689 | ||
| 3/16/2022 | Sold | $1,610,000+0.6%$1,175/sqft |
Source: Public Record | ||
| 2/22/2022 | Pending sale | $1,600,000$1,168/sqft |
Source: Stellar MLS #A4512199 | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $1,308,100 -3.7% |
| 2024 | $16,187 +0.5% | $1,358,700 +0.8% |
| 2023 | $16,104 +49.2% | $1,347,300 +106.9% |
Find assessor info on the county website
Neighborhood: 34242
Nearby schools
GreatSchools rating
- 9/10Phillippi Shores Elementary SchoolGrades: PK-5Distance: 2.7 mi
- 6/10Brookside Middle SchoolGrades: 6-8Distance: 3.7 mi
- 5/10Sarasota High SchoolGrades: 9-12Distance: 5.4 mi
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Estimated market value
$1,545,600
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$1,545,600