8212 MIDNIGHT PASS RD RD #1-10, SARASOTA, FL, 34242
$4,500,000
Commercial Sale
|
Living Area
5,490 Sqft
|
Lot Size
29,019 Sqft
|
Siesta Key Bungalows is a cozy island offering 10 one-bedroom bungalows, some over looking the tranquil pristine blue waters of Heron Lagoon, and others overlook the lush tropical courtyard of Siesta Key Bungalows. The Bungalows sit less than a mile away from Siesta Key's beaches and boast free kayaking and canoeing on Heron Lagoon as well as a sparkling, heated pool and affordable rates year round. Siesta Key Bungalows are located near all 3 beaches on Siesta Key. You will be able to view all the beauty Siesta Key has to offer. Siesta Key offers a free trolley that connects the entire island including Siesta Key Bungalows. Gross income in past years prior to the hurricane was just over $500,000.00. Net operating income was just over $200,000.00 for the year.
Property Details
| Property Features | Property Features | |||
|---|---|---|---|---|
| MLS ID: | MFRA4708753 | Year Built: | 1953 | |
| Appliances: | Microwave, Refrigerator | Building Features: | Bathrooms, Kitchen Facility | |
| Construction Materials: | Block, Frame | Cooling: | Central Air | |
| Country: | US | County Or Parish: | Sarasota | |
| Direction Faces: | Undetermined | Electric: | 150 Amp Service | |
| Flooring: | Ceramic Tile, Vinyl | Foundation Details: | Crawlspace, Pillar/Post/Pier | |
| Heating: | Electric | Income Includes: | Laundry | |
| Levels: | One | Listing Agreement: | Exclusive Right To Sell | |
| Listing Terms: | Cash, Owner Financing | Lot Features: | FloodZone, Interior Lot, Sidewalk, Paved, Waterfront | |
| Occupant Type: | Tenant | Parking Features: | Common, Shared Parking | |
| Possession: | Negotiable | Property Condition: | Completed | |
| Property Sub Type: | Multi-Family 5+ | Property Type: | Commercial Sale | |
| Road Frontage Type: | County Road | Road Responsibility: | Public Maintained Road | |
| Road Surface Type: | Asphalt | Roof: | Built-Up | |
| Security Features: | Smoke Detector(s) | Sewer: | Public Sewer | |
| Showing Requirements: | 24 Hour Notice, Appointment Only, Call Listing Agent | Special Listing Conditions: | None | |
| Standard Status: | Active | State Or Province: | FL | |
| Utilities: | Electricity Available, Natural Gas Available | Water Source: | Public | |
| Waterfront Features: | Lagoon | Window Features: | Aluminum Frames, Shades, Window Treatments | |
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