This is a privately owned hotel style unit that is located within the Ramada Sarasota building. This is a first floor unit that has been completely Remodeled and upgraded. Sale includes all furniture, appliances and 55" 4k TV. This unit is located inside of a waterfront property with direct access to the Gulf waters. Amenities include a newly remodeled waterfront restaurant/tiki-bar on-site (Tarpon Bay Grill and Tiki-Bar), heated pool, beach volleyball, gym, roaming security, community laundry and common areas. Cable/internet/electric/water are all included in the monthly condo fee. Attention investors, this is a cash cow as it can be rented on a nightly basis. Similar unit in building is noted as grossing $26,000/year when rented on a nightly basis! I have long-term tenant currently occupying it on month/month contract at $1,100/month. Current tenant is hoping to stay, but can be out with 30 days notice. Use this as an investment property, a permanent residence or a just vacation home that can make you money when you are not using it. Live the RESORT LIFE! Head out in your boat for some great fishing or beach time, come back, have dinner and a drink at the waterfront tiki-bar/restaurant, take a dip in the waterfront pool and then go back to your beautifully remodeled unit to shower/relax/sleep and do it all over again! Located about 5 minutes from Sarasota Airport/Ringling Museum of Art, about 15 minutes from IMG Academy, and about 20 minutes from beautiful beaches.
Off market
$103,300
7150 N Tamiami Trl #C-126, Sarasota, FL 34243
1beds
348sqft
Condo - Hotel
Built in 1959
435 Square Feet Lot
$103,300 Zestimate®
$297/sqft
$1,299 Estimated rent
Owner options
What's special
Originating MLS: Pinellas Suncoast
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 1
- Bathrooms: 1
- Full bathrooms: 1
Heating
- Wall, Electric
Cooling
- Wall
Appliances
- Included: Microwave, Refrigerator
- Laundry: Other
Features
- Window Treatments
- Flooring: Linoleum / Vinyl
- Windows: Blinds, Window Treatments, Drapes
- Has fireplace: No
Interior area
- Structure area source: Appraiser
- Total interior livable area: 348 sqft
Property
Features
- Levels: One
- Exterior features: Stone, Brick
Lot
- Size: 435 sqft
- Features: Street Paved
Details
- Parcel number: 6697101859
- Zoning: PD-MU
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Condo - Hotel
Materials
- masonry
- Roof: Metal
Condition
- Year built: 1959
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected, Phone Available, Sewer Connected, Cable Connected, Fiber Optics
Community & neighborhood
Security
- Security features: Smoke Detector(s), Fire Alarm, Key Card Entry
Location
- Region: Sarasota
- Subdivision: SARASOTA CAY CLUB CONDO OR2078/2292
HOA & financial
HOA
- Has HOA: Yes
- HOA fee: $398 monthly
- Amenities included: Cable, Fitness Center, Maintenance, Pool, Dock, Laundry
- Services included: Community Pool, Maintenance Grounds, Recreational Facilities, Security, Trash, Cable TV, Maintenance Exterior, Maintenance Repairs, Pest Control, Pool Maintenance, Sewer, Water, Manager, Electricity
Other
Other facts
- Additional Parcels YN: 0
- Appliances: Refrigerator, Microwave
- Association Approval Required YN: 0
- Available For Lease YN: 1
- Construction Materials: Block
- Country: US
- DPRYN: 1
- Fireplace YN: 0
- Community Features: Sidewalk, Pool, Fitness, Fishing
- Foundation Details: Slab
- Lease Restrictions YN: 0
- Homestead YN: 0
- List Agent AOR: Pinellas Suncoast
- List AOR: Pinellas Suncoast
- Lot Features: Street Paved
- Major Change Type: Pending
- Minimum Lease: No Minimum
- Mls Status: Pending
- New Construction YN: 0
- Stories Total: 2
- Pool Private YN: 0
- Utilities: Electricity Connected, Phone Available, Sewer Connected, Cable Connected, Fiber Optics
- Previous Status: Active
- Property Type: Residential
- Security Features: Smoke Detector(s), Fire Alarm, Key Card Entry
- Sewer: Public Sewer
- Syndicate To: Homes.com, HomeSnap, Realtor.com, International MLS
- Water Extras YN: 0
- Waterfront Feet Total: 0
- Waterfront YN: 0
- Water Source: Public
- Water View YN: 0
- Window Features: Blinds, Window Treatments, Drapes
- Direction Faces: East
- Exterior Features: Lighting
- Num Of Own Years Prior To Lse: 0
- Association Fee Includes: Community Pool, Maintenance Grounds, Recreational Facilities, Security, Trash, Cable TV, Maintenance Exterior, Maintenance Repairs, Pest Control, Pool Maintenance, Sewer, Water, Manager, Electricity
- Association Amenities: Cable, Fitness Center, Maintenance, Pool, Dock, Laundry
- View: Garden
- Zoning Compatible YN: 1
- Public Survey Section: 26
- Condo Fees Term: Monthly
- Levels: One
- Interior Features: Window Treatments
- Roof: Metal
- Ownership: Condominium
- Garage YN: 0
- Flooring: Vinyl
- Water Access: Gulf/Ocean, Bay/Harbor, Marina
- Water Access YN: 1
- Flood Zone Code: AE
- Total Acreage: Non-Applicable
- Building Area Source: Appraiser
- Floor Number: 1
- County Or Parish: Manatee
- Listing Service: Limited Service
- Room Count: 3
- Exist Lse Tenant YN: 1
- Public Survey Range: 17
- Representation: Seller Not Represented
- Flood Zone Date: 2014-03-17
- Days Notice To Tenant If Not Ren: 30 days
- Month To Month Or Weekly YN: 1
- Cooling: Wall/Window Unit(s)
- Heating: Wall Units / Window Unit
- Laundry Features: Other
- Year Built: 1959
- Zoning: PD-MU
- Property Sub Type: Condo - Hotel
- MLS Area Major: 34243 - Sarasota
- Flood Zone Panel: 12081C0312E
- Additional Lease Restrictions: 0
- Condo Fees: 484
- Living Area: 348.00
- Building Area Total: 348.00
- Monthly Condo Fee Amount: 484
- Subdivision Name: SARASOTA CAY CLUB CONDO OR2078/2292
- End Dateof Lease: 2019-04-25
- Tax Year: 2020
- Approval Process: No Lease Restrictions. This is a Hotel/Condo and this unit can function/be lease
- Tax Annual Amount: 584.74
- Ownership: Condominium
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Estimated market value
$103,300