Active

$699,000

Features:
  • 2 Bedrooms
  • 2 Bathrooms
  • 1204 sq ft
Overview
  • ID: MFRA4669286
  • Bedrooms: 2
  • Bathrooms: 2
  • Size: 1204 sq ft
Property Details
Remarks
Price Drop of 20K - best price for a Tower Unit in Our House at the Beach !Strong Rental Income – Across from Siesta Beach! Totally updated 2 bed / 2 bath condo in the West Tower of “Our House at the Beach”, directly across from Siesta Key Beach, ranked #1 in the U.S. by TripAdvisor in 2024. This second-floor unit offers incredible natural light and nearly 270 degrees of wraparound views thanks to 46 feet of sliding glass doors in the living and dining areas. This unit is turnkey furnished (excluding some artwork and personal items) and features luxury plank vinyl flooring throughout, with updated bathrooms and a gorgeous, remodeled kitchen with granite countertops, stainless steel appliances, and a pass-through to the main living area. The spacious primary bedroom offers abundant windows and a bright, airy feel. Both bathrooms have been tastefully upgraded. Enjoy two oversized balconies, perfect for relaxing after a day at the beach or hosting guests. This is not just a beach retreat—it’s a solid investment: • $32,900 gross rental income in 2023 • $28,000 in 2024 (despite storms) • Projected $40,000+ in 2025 with owner use! Weekly rentals allowed, boosting occupancy and revenue potential. The $45,000 special assessment (impact glass & more) is fully paid by the seller. Community amenities include: • Heated pool • 2 tennis courts • Grilling pavilion • Assigned covered parking • In-unit full-size washer/dryer • Pet-friendly (owners may have 1 pet up to 15 lbs) Units in the West Tower rarely come on the market—last year’s sale went for significantly more. This is your chance to own a beautifully maintained, income-producing condo across from one of the world’s most beautiful beaches!
Financial Considerations
Price:
$699,000
HOA Fee:
N/A
Tax Amount:
$6593
Price per SqFt:
$580.56
Tax Legal Description:
UNIT A-203 BLDG A OUR HOUSE AT THE BEACH PHASE 1
Exterior Features
Lot Size:
141302
Lot Features:
N/A
Waterfront:
No
Parking Spaces:
N/A
Parking:
N/A
Roof:
Membrane
Pool:
No
Pool Features:
N/A
Interior Features
Bedrooms:
2
Bathrooms:
2
Heating:
Central, Electric
Cooling:
Central Air
Appliances:
Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Refrigerator, Washer
Furnished:
No
Floor:
Ceramic Tile, Luxury Vinyl
Levels:
One
Additional Features
Property Sub Type:
Condominium
Style:
N/A
Year Built:
1981
Construction Type:
Concrete
Garage Spaces:
Yes
Covered Spaces:
N/A
Direction Faces:
South
Pets Allowed:
No
Special Condition:
None
Additional Features:
Balcony, Lighting, Outdoor Grill, Tennis Court(s)
Additional Features 2:
Weekly rental us allowed. Currently managed by the onsite rental company however you can manage yourself if you wish. Also you don't HAVE to rent at all but you do have to honor the current bookings.
Map
  • Address
    1001 BEACH RD #A203
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