2721 Mall Drive #2 Sarasota, FL 34231

$299,900
3
Beds
0.08
Acres
1,342
SQFT
223
$/SQFT
$299,900
3
Beds
1,342   sf
$223 / sf
Favorite

active
1/31
virtual tour iconVirtual Tour
Street View

Great investment opportunity near Siesta Key! Furnished 2nd floor turnkey condo with a spacious open floor plan: living room, dining room, 3 bedrooms, 2 full baths, separate laundry room, office nook, and screened-in Lanai dining area. It is fully outfitted for immediate rentals. Includes a fully equipped gourmet kitchen, 55" smart TV, refrigerator, microwave, washer, dryer, hair dryer, ironing board, all furniture, skylights, tankless water heater, hurricane shutters, etc. So many potential uses for this single condo - live in it yourself, lease as a vacation rental, or use an an artist studio or office! This unit has been consistently leased all year through VRBO at slightly below market rates. A new owner could potentially raise the rates previously charged. VRBO reviews from past years are available at the condo for interested buyers (all great!). This unit sleeps 6 and has rented easily and consistently for years. All within a 5 minute walk of 20+ restaurants in the Gulf Gate area (including some of Sarasota's best!), a popular deli, and interesting shops and services. Just a short drive to the famous Siesta Key beach - and the bus to Siesta Key is only 2 blocks away. BONUS for potential investors: current tenant has rented seasonally for 2+ years and would like to return! This a newly condo-ized building. New Tax ID and taxes to be assigned for 2nd floor condo only (TBD). Association fee includes: escrow reserves fund, exterior building insurance, grounds maintenance, manager, sewer and water.

Great investment opportunity near Siesta Key! Furnished 2nd floor turnkey condo with a spacious open floor plan: living room, dining room, 3 bedrooms, 2 full baths, separate laundry room, office nook, and screened-in Lanai dining area. It is fully outfitted for immediate rentals. Includes a fully equipped gourmet kitchen, 55" smart TV, refrigerator, microwave, washer, dryer, hair dryer, ironing board, all furniture, skylights, tankless water heater, hurricane shutters, etc. So many potential uses for this single condo - live in it yourself, lease as a vacation rental, or use an an artist studio or office! This unit has been consistently leased all year through VRBO at slightly below market rates. A new owner could potentially raise the rates previously charged. VRBO reviews from past years are available at the condo for interested buyers (all great!). This unit sleeps 6 and has rented easily and consistently for years. All within a 5 minute walk of 20+ restaurants in the Gulf Gate area (including some of Sarasota's best!), a popular deli, and interesting shops and services. Just a short drive to the famous Siesta Key beach - and the bus to Siesta Key is only 2 blocks away. BONUS for potential investors: current tenant has rented seasonally for 2+ years and would like to return! This a newly condo-ized building. New Tax ID and taxes to be assigned for 2nd floor condo only (TBD). Association fee includes: escrow reserves fund, exterior building insurance, grounds maintenance, manager, sewer and water.

  • Neighborhood
  • Type
  • County
    Sarasota
  • Area
    34231 - Sarasota/Gulf Gate Branch
  • Status
    Active
  • Listing #
    A4590965
  • Built
    1984
  • Lot Size
    0.08
  • Listed on site
    294 days

Listed by:
Keller Williams On The Water S

Source:
StellarMLS

Click for Map
Smart Commute Planner
Add a destination

School Info

Property details

Community Features

  • No HOA
  • Rental Restrictions - 1 Week

Property Features

  • Sewer
  • Pets Allowed
  • Has Virtual Tour

View

  • Wooded View

Exterior features

  • Balcony
  • No Pool
  • Parking Off-Street
  • Parking
  • Stucco

Interior Features

  • Carpet Floors
  • Central Air Conditioning
  • Laundry Hookup
  • Tile - Floors
  • Washer Dryer In Unit

Style

  • Duplex

Financing

  • Cash
  • Conventional Financing
  • None

Property History

DateDays AgoEventNew Price
Feb 28, 20248 mos agoPrice decreased100 (0%)$299,900
Dec 28, 202310 mos agoNew on market$300,000
Favorite

Tour This Home

Fri
18Oct
Sat
19Oct
Sun
20Oct
Mon
21Oct
Tue
22Oct
Wed
23Oct
Thu
24Oct
Fri
25Oct
Sat
26Oct
Sun
27Oct
Mon
28Oct
Tue
29Oct
Wed
30Oct
Thu
31Oct
in Person
via Video Call