149 Mckinley Dr Sarasota, FL 34236

This exceptional 2022-built Lido Beach hotel presents a lucrative investment opportunity. Boasting 4,149 square feet, this fee-simple property features nine bedrooms (six ensuite), eight and a half bathrooms, and a desirable location near St. Armands Circle. The property includes resort-style amenities such as a pool, outdoor shower, gazebo, gas fire pit, and a rooftop terrace with panoramic views. Currently operating as a turnkey short-term rental, it offers a projected 9.02% cap rate and a net operating income (NOI) exceeding $495,615. The two-story building sits on an 8,608 square foot lot, zoned RMF2. Interior features include modern furnishings, an open layout with high ceilings and floor-to-ceiling windows, a lavish owner's suite, and ample space for relaxation and entertainment. Additional amenities include a two-car garage, balconies, and an entertainment room. This property offers a unique blend of luxury and income potential, making it an ideal investment in the thriving Sarasota market. The asking price is $5,495,000, with a price per square foot of $1,324.42. The property's address is 149 McKinley Dr, Sarasota, FL 34236.