Active

$1,625,000

Features:
  • 4 Bedrooms
  • 2 Bathrooms
  • 1392 sq ft
Overview
  • ID: MFRA4641515
  • Bedrooms: 4
  • Bathrooms: 2
  • Size: 1392 sq ft
Property Details
Remarks
Just steps from Cresent Village and the powdery white sands of Siesta Key Beach, Sun & Sea Island Hideaways presents a rare opportunity to own a fully updated, income-producing duplex in a prime island location. Zoned RMF-3 for short-term rentals, this charming Old Florida retreat offers incredible flexibility—live in one unit while generating income from the other, or optimize returns by renting both units to vacationers year-round. This is being sold turn-key furnished with future bookings in place. The current owners' selective use of the property for family stays suggests even greater income potential for investors seeking to maximize rental revenue. Tucked away on the desirable south end of Siesta Key, this property exudes tropical charm, with beautifully refreshed interiors featuring terrazzo floors, stylish new furnishings and modern updates completed in late 2024—including all-new appliances, a new roof and new AC units for both residences. Each 2BR/1BA unit is thoughtfully designed for comfort, with bright, open living spaces that capture the essence of island living. A shared indoor laundry room adds convenience, while an outdoor shower provides the perfect way to rinse off after a day at the beach. Outside, the spacious, fully fenced backyard offers a private oasis, complete with lush, low-maintenance landscaping, artificial turf and a large composite deck ideal for hosting sunset gatherings, dining al fresco or simply unwinding. There is a community pool next door that is included for the owner and guests to use. Three designated parking spaces provide added convenience for both owners and guests. With a strong rental history and high demand from vacationers, Sun & Sea Island Hideaways is more than just a home—it’s an investment in the ultimate island lifestyle. Whether you’re looking for a lucrative rental property or your own private retreat with income potential, this Siesta Key gem is ready to make your barrier island dreams a reality.
Financial Considerations
Price:
$1,625,000
HOA Fee:
282.5
Tax Amount:
$11222.74
Price per SqFt:
$1167.39
Tax Legal Description:
BEG AT NELY COR OF SARASOTA BY THE SEA, TH N-38-00-W ALG WLY LINE OF MIDNIGHT PASS RD 172.4 FT TH S-52-00-W 80 FT FOR POB TH S-52-00-W 80 FT TH N-38-00-W 77.8 FT TH N-52-00-E 80 FT TH
Exterior Features
Lot Size:
6224
Lot Features:
N/A
Waterfront:
No
Parking Spaces:
N/A
Parking:
Assigned, Guest, Off Street, Reserved
Roof:
Shingle
Pool:
No
Pool Features:
In Ground
Interior Features
Bedrooms:
4
Bathrooms:
2
Heating:
Central, Electric
Cooling:
Central Air
Appliances:
Dishwasher, Electric Water Heater, Freezer, Microwave, Other, Range, Refrigerator
Furnished:
Yes
Floor:
Terrazzo
Levels:
One
Additional Features
Property Sub Type:
Duplex
Style:
N/A
Year Built:
1955
Construction Type:
Block, Stucco
Garage Spaces:
No
Covered Spaces:
N/A
Direction Faces:
N/A
Pets Allowed:
No
Special Condition:
None
Additional Features:
Fence, Irrigation System, Lighting, Other, Outdoor Grill, Rain Gutters, Sidewalk, Storage
Additional Features 2:
N/A
Map
  • Address
    1141 SUN N SEA DR
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