tomo logo

$1,060,000

Beds
3
Baths
2.0
sq ft
1,405

5539 Avenida Del Mare, Sarasota, FL 34242

5539 Avenida Del Mare

SARASOTA, FL 34242

  • Sold On 10/21/2024
This is a real estate investment worth exploring. Experience an island lifestyle in this distinctive & charming coastal Siesta Key Beach House. This is a completely renovated, like new, showroom condition, move-in ready established income producing vacation rental property. This property awaits the right year round homeowner, vacation rental investor or new construction investor. This is a true gem with no HOA fees & a premium location just literally a few steps away from Siesta Key Beach & a short walk or trolley ride to the center of Siesta Key Villages. This ground level, 3 bedrooms, 2 bath, light, bright & cozy beach property boasts terrific design features, craftsmanship & quality materials. The kitchen offers an efficient culinary space with quality custom cabinetry, granite counters, tile backsplash & updated stainless steel energy efficient appliances. The floor plan offers easy care engineered flooring throughout, ample bedroom space & closet spaces tucked away from the main living areas, ensuring privacy. The convenient laundry & utility room provides additional pantry or storage space. The low maintenance landscaping will free up your time to relax & enjoy the ocean breeze & serene Gulf of Mexico sunset views from the front westward facing screened porch with outdoor dining & lounge areas. The back yard offers a larger secluded screened porch, uncovered patio with outdoor shower & potential for additional features such as swim spa, hot tub, pool and/or landscape fountains. See the attachments with professional pool design w 3D images & proposal. This is a must see real estate opportunity. Owner managed vacation rentals generate approx. $40k annually, professional rental management forecasts $60-65k. With zoning approval the building can possibly be expanded.

Details

Property type

Single Family Residence

Lot size

5,768 sq ft

Price per sq ft

$855

Year built

1975

Annual property taxes

$7,763.47

HOA

No

Price History

10/21/2024
StellarMLS

StellarMLS #A4619527

Sold
$1,060,000
-11.67%
09/17/2024
StellarMLS

StellarMLS #A4619527

Pending
$1,200,000
08/21/2024
StellarMLS

StellarMLS #A4619527

Listed
$1,200,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

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Status: Off Market

Tomo last checked: 11/03/2024 at 9:15 AM

Listing updated: 10/21/2024 at 4:13 PM

Listed by: Josh Beckmann, BECKMANN REAL ESTATE Phone #: (941) 346-3500

MLS: StellarMLS #A4619527

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