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8212 Midnight Pass Rd Road Unit 1-10, Siesta Key, FL 34242

$3,950,000
5,490
SqFt
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List Price
$3,950,000
Price Change
▼ $550,000 1793767112
MLS#
A4708753
Type
Multifamily
Living Area
5,490
Lot Size
29,019
Complex
Siesta Key Bungalows
Year Built
1953
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(386) 960-0076

Property Description

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.

(386) 960-0076
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Additional Information

Community Features
No Deed Restriction
Annual Gross
500000
Style
Multi-Family 5+
Appliances
Microwave, Refrigerator
Exterior Construction
Block, Frame
Roof
Built-Up
Located Near
FloodZone, Interior Lot, Sidewalk, Paved, Waterfront
Utilities
Electricity Available, Natural Gas Available
Garage
Common, Shared Parking
Floor
Ceramic Tile, Vinyl
Heating
Electric
Cooling
Central Air
Pool Type
No Pool
Water
Lake Front
Frontage
Lagoon
Water View
Yes
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Listing courtesy of RE/MAX ALLIANCE GROUP.

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