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Listing ID A4172290
Price: $3,450,000
City Name:
Postal Code:
Square Feet:
MLS Area Major:
Sarasota/Crescent Beach/Siesta Key
This meticulously-maintained, 10-unit boutique motel on South Siesta Key is now available for sale. The entire resort property, as managed, can be acquired in total. Or take advantage of the opportunity to acquire one or more of the 10 units as a condo-tel (condo hotel) owner. The owner/operator of the Siesta Key Bungalows has filed the condominium documents with the state and will be making various improvements to each unit. As an individual owner, you may elect to occupy your unit and/or place it in the condo-tel (condo hotel) rental pool with property management.

Please see the list of Bungalow Amenities and Improvements.
Unit owners can choose from the following:
1) Existing motel furnishings in the respective units.
2) Unfurnished and decorate as desired.
3) *Pre-furnished with a William Dobson decorator package. *There is an additional cost for decorating.
Additional Features:
Additional Membership Available: n
Additional Parcel: No
Association Approximate Required: No
Auction: No
Block Parcel: B
CDD: n
CDOM: 226
Condo Environment: No
Converted Residence: No
Country: United States
DOM: 226
Fireplace: No
Flood Zone Code: AE
For Lease: No
Freezer Space: No
Homestead: No
Internal ID: 203385101
Legal Description: LOTS 3 4 & 5 BLK B OCEAN VIEW
List Price: 3450000.00
Location: Beach Area
Long Term: No
Lot Number: 3
Lot Size SqFt: 29019
Listing Price Per SqFt: 542.03
LSC List Side: Sarasota
MFR Consumer: No
Net Leasable SqFt: 5490
New Construction: No
Number of Hotel Motel Rooms: 10
Other Exemptions: No
Other Fees: No
Parcel Number: 0128020012
Pet Restrictions: No
Pets Allowed: No
Planned Unit Development: No
Property Status: Existing
Property Style Commercial: Motel/Hotel, Special Purpose
Status: Active
Range: 18
Road Frontage: Main Thoroughfare
Section: 29
Sidewalk: No
Special Sale Provision: None
Special Tax District Tampa: No
SqFt Gross: 5490
Taxes: 18324
Tax Year: 2016
Total Acreage: 1/2 Acre to 1 Acre
Township: 37
Water Access: Lagoon
Water Access: Yes
Water Extras: Dock - Wood, Fishing Pier, No Wake Zone
Water Extras: Yes
Water Frontage: Lagoon
Water Frontage: Yes
Waterfront Feet: 150
Water View: Lagoon
Water View: Yes
Year Built: 1953
Zip Plus: 2754
Zoning: RSF2
Zoning Compatible: No
Listing information courtesy of MICHAEL SAUNDERS & COMPANY. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale. Availability of any listing should always be independently verified. Listing information is provided for consumer personal, non-commercial use, solely to identify potential properties for potential purchase. All other use is strictly prohibited and may violate relevant federal and state law. Data last updated on Thursday, October 19th, 2017.
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