5966 Midnight Pass Rd - Hospitality CONDO FOR SALE


Sarasota, FL 34242- South Sarasota
$1,150,000 USD
941-374-7426
5966 Midnight Pass Rd, Sarasota, FL for Sale
$1,150,000 USD
Hospitality CONDO - FOR SALE
1/49
null | Request Cap Rate

5966 Midnight Pass Rd
Sarasota, FL 34242
South Sarasota


HIGHLIGHTS

  • 1 bedroom 1 bath condo on the Gulf of Mexico on Siesta Key
  • Panoramic Gulf front views
  • Amazing sunsets
  • Excellent investment with a 3 day minimum rental period
  • Potential 1031 exchange property

OVERVIEW

Loopnet classifies this as a "hotel". It is not. It is a 1 bedroom 1 bath condo with the ability to rent in for a minimum of 3 days ( quick turn over) and easy to rent!

FOR SALE DETAILS

PRICE

$1,150,000 USD

PRICE/SF

$1,331 USD /SF

CAP RATE

Request Cap Rate

# OF UNITS

1

CONDO SIZE

-

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

The Palm Bay Club

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

453,258 SF

STORIES

11

BUILDING CLASS

B

YEAR BUILT

1970

SPRINKLERS

-

PARKING SPACES

2

LAND DETAILS

LAND ACRES

8.61 AC

LAND SF

374,931 SF

ZONING

RMF3

APN/PARCEL ID

0105-13-6086

ASK ABOUT THIS PROPERTY

Rico BoerasHarry E Robbins AssociatesMore Info
941-374-7426

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Rico BoerasHarry E Robbins AssociatesMore Info
941-374-7426

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.