204 Garden Ln, Sarasota, Florida
List Price: $699,000
MLS Number: A4412452

  • Status: Sold
  • Sold Date: Aug 16, 2019
  • DOM: 309 days
  • Square Feet: 1152
  • Bedrooms: 3
  • Baths: 2
  • City: SARASOTA
  • Zip Code: 34242
  • Year Built: 1981
EXCELLENT vacation rental home , no HOA's!, proven track record of rental income with Over 69k annual gross income average for the last 3 years and potential for more. Permitted by the City for weekly rentals. Same management company for 3 years, a solid customer base. All near the in the no.1 beach ,Siesta Key Beach . Ideal rental situation for someone looking to use it part of the year and let it pay for itself. Professional management in place for hands free ownership or take it over and turn it into an Air B $ B cash cow. Walking distance to Shell Rd Beach and only a short bike ride to the No. 1 Siesta Key Beach . This home went through a massive renovation/restoration in 2015, including new deck and railing with additional stairs, a sparkling Pebbletech pool with heater for 365 day pool use, brick paver pool deck, storage shed, new AC, new hardy plank siding, all new paint inside and out, fresh shell and pebbles for low maintenance grounds, a new electrical panel installed in 2015, new kitchen with solid wood cabinets and granite counter tops, stainless steel appliances, new thermostat, and new washer and dryer . Potential gross $99,000 with an effective rental income of $69k average for the last 3 years , current vacancy rate 25%. great opportunity to increase your bottom line. excellent Management company in place, low fees.

Misc Info

Subdivision: Siesta Rev

Annual Taxes: $6,699

Water Access: Beach - Public, Gulf/Ocean

Lot Size: 1/4 Acre to 21779 Sq. Ft.

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    Sold Information

    CDD: $682,000

    Sold Price per Sqft: $ 592.01 / sqft

    Home Features

    Appliances: Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer

    Flooring: Ceramic Tile, Wood

    Air Conditioning: Central Air

    Exterior: Balcony, Fenced, Sliding Doors

    Garage Features: Oversized

    Room Dimensions

    Schools

    • Elementary: Phillippi Shores Elementa
    • High: Riverview High
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