Waterfront Short-Term Rental
7150 N TAMIAMI TRL #S-613, Sarasota, FL 34243
For Sale
$80,000
The second-floor residence has two queen beds, a full bathroom, and access to resort amenities.
Property Size348 SF
Price / SF$229.89
Days on Market365
Property Features for 7150 N TAMIAMI TRL #S-613
General Information
Standard status
Size
Property subtype
Additional Details
Furnished
Multifamily Units
Taxes and HOA fees
Annual Taxes
Amenities
heated pool
waterfront restaurant/tiki bar
beach volleyball
fitness room
roaming security
community laundry
open common areas
marina
Building Details
Building Size
Year Built
Listing Agency:
CHARLES RUTENBERG REALTY INC
Listed By:
Ron Dawson
(866) 580-6402
Source:
Winkleandcompany
Added: Nov 11, 2025
Changed: Nov 9
Last Checked: Nov 9 at 10:43AM
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 CHARLES RUTENBERG REALTY INC
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 348-square-foot, second-floor condo residence has two queen beds and a full bathroom, with a city view. Built in 1959, it is part of the Ramada by Wyndham Sarasota Waterfront Resort. The property offers daily and short-term rentals without a minimum leasing period, and owners may also use the condo as a vacation property throughout the year.
Resort amenities include a heated waterfront pool, an on-site restaurant and tiki bar, beach volleyball, a fitness room, community laundry, roaming security, and a marina. The waterfront property provides direct access to Gulf waters. Condo-Hotel HOA fees cover utilities, including electric, water, internet, cable, phone, sewer, and trash, as well as exterior maintenance and interior common areas.
Resort amenities include a heated waterfront pool, an on-site restaurant and tiki bar, beach volleyball, a fitness room, community laundry, roaming security, and a marina. The waterfront property provides direct access to Gulf waters. Condo-Hotel HOA fees cover utilities, including electric, water, internet, cable, phone, sewer, and trash, as well as exterior maintenance and interior common areas.
Key Highlights
- 348‑square‑foot residence on the second floor
- Two queen beds and a full bathroom
- Daily and short‑term rentals allowed with no minimum leasing period
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$4,211
Cap Rate
5.26%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$84,220
$84.2K
Cap Rate 7%
$60,157
$60.2K
Cap Rate 9%
$46,789
$46.8K
Market Conditions
NOI Build-Up for 348 SF
Gross rent
$8.1K $23.28/SF
− Vacancy
−$446 −$1.28/SF
EGI
$7.7K $22.00/SF
− OpEx
−$3.4K −$9.90/SF
NOI
$4.2K $12.10/SF
Area
Manatee County, FL
Vacancy
5.50%
Lease Rate
$23.28 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$84,220
Cap Rate 7%
$60,157
Cap Rate 9%
$46,789
Alternative Uses
Best Use
Apartment 5plus
$60.2K
$52.6K – $70.2K
NOI $4,211 @ 7.0% cap · market cap 5.26%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$102.3K
$89.6K – $119.4K
NOI $7,164 @ 7.0% cap · market cap 8.96%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
385
Businesses Nearby
Explore this area
Business Placement
Demographics for 34243, FL
30,107
Population
16,287
Households
1.8
Avg Household Size
54
Median Age
43%
College-Educated
95%
High-School Grad
18.0 sq mi
ZIP Area
1,673
Density / Sq Mi
$79,799
Median Household Income
$42,586
Median Earnings
$1,960
Median Rent
$395,000
Median Home Value
Market
Average Price Trend$/SF for Short term rental properties in Sarasota, FL
Properties on Market for Short term rental properties in Sarasota
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Short term rental property - The second-floor residence has two queen beds, a full bathroom, and access to resort amenities.
Where is this short term rental property located?
The property is located at 7150 N TAMIAMI TRL #S-613 Sarasota, FL.
What is the asking price?
The asking price for this property is $80,000.
What are key features of this property?
This property features: 348‑square‑foot residence on the second floor; Two queen beds and a full bathroom; Daily and short‑term rentals allowed with no minimum leasing period
