7-Unit Hospitality-Style Apartment
For Sale
Contact for pricing
Pending
5322 CALLE DE LA SIESTA, Sarasota, FL 34242
Seven-unit property with nightly rental operation, pool amenities, rooftop deck, and on-site laundry.
Property Size4,437 SF
Days on Market207
Property Features for 5322 CALLE DE LA SIESTA
General Information
Standard status
Pending
Size
4,437 SF
Property subtype
Quadruplex
Taxes and HOA fees
Annual Taxes
$22,056
Building Details
Building Size
4,437 SF
Year Built
1999
Listing Agency:
COMPASS FLORIDA LLC
Listed By:
Jason Skowronski · License #3288062
(941) 812-6090
Source:
Thefullerproperties
Added: Feb 12
Changed: Sep 3
Last Checked: Sep 7 at 5:57AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of COMPASS FLORIDA LLC
Investment Insights
Based on property information with market context.
This 7-unit apartment building is set up to operate more like a hotel than a single-family vacation rental, with a unit mix that includes 2 studios, 2 one-bedroom units, 2 two-bedroom units, and a penthouse suite with a wrap-around balcony. The property includes a pool area, a sizable covered space with a grill, on-site laundry, and a rooftop deck. For operations, there is a private office/guest check-in area, two storage areas for linens and housewares, and a commercial laundry for turnovers.
According to the public remarks, guests are able to walk to both the Village and the beach, with the property described as one block to each. Parking is provided via 7 newly pavered spaces on site.
This offering is listed for sale, and the remarks indicate seller financing at 5.9% with pro forma cap rate and NOI.
According to the public remarks, guests are able to walk to both the Village and the beach, with the property described as one block to each. Parking is provided via 7 newly pavered spaces on site.
This offering is listed for sale, and the remarks indicate seller financing at 5.9% with pro forma cap rate and NOI.
Key Highlights
- 7‑unit investment property built in 1999 with an operating setup designed for nightly rentals
- Unit mix includes 2 studios, 2 one‑bedroom units, 2 two‑bedroom units, and a penthouse suite with wrap‑around balcony
- Pool area plus sizable covered outdoor space with a grill for guest use
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
787
Businesses Nearby
Explore this area
Business Placement
Demographics for 34242, FL
7,417
Population
10,418
Households
0.7
Avg Household Size
65
Median Age
66%
College-Educated
97%
High-School Grad
3.6 sq mi
ZIP Area
2,060
Density / Sq Mi
$122,143
Median Household Income
$75,313
Median Earnings
$2,408
Median Rent
$995,900
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Seven-unit property with nightly rental operation, pool amenities, rooftop deck, and on-site laundry.
Where is this apartment building located?
The property is located at 5322 CALLE DE LA SIESTA Sarasota, FL.
What is the asking price?
The asking price for this property is $4,400,000.
What are key features of this property?
This property features: 7‑unit investment property built in 1999 with an operating setup designed for nightly rentals; Unit mix includes 2 studios, 2 one‑bedroom units, 2 two‑bedroom units, and a penthouse suite with wrap‑around balcony; Pool area plus sizable covered outdoor space with a grill for guest use
