5322 Calle De La Siesta Sarasota, FL 34242

Building Details

Year Built

1999

Listing agency COMPASS FLORIDA LLC j***@compass.com Show Phone

Listed by Jason Skowronski · License #3288062

Source Whitesandsfl

Added: Jul 21 Updated: Jul 22 at 2:22AM Checked: Jul 22 at 2:22AM

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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.

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

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FAQs

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 $4,900,000.

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