For more information regarding the value of a property, please contact us for a free consultation.
Key Details
Sold Price $57,000
Property Type Condo
Sub Type Condo - Hotel
Listing Status Sold
Purchase Type For Sale
Square Footage 312 sqft
Price per Sqft $182
Subdivision Sarasota Cay Club Condo Or2078/2292
MLS Listing ID A4437849
Sold Date 06/28/19
Bedrooms 1
Full Baths 1
Condo Fees $395
Construction Status Inspections
HOA Y/N No
Year Built 1959
Annual Tax Amount $463
Lot Size 435 Sqft
Acres 0.01
Property Description
ACT FAST! Do you dream of cashing in on the AIR BNB or VBRO daily vacation rental cash machine but are held back by local rental restrictions? If so, this rarely available turn-key, Cay Club condo located in the waterfront Ramada Inn in Sarasota is a CASH COW opportunity to consider. Owners can rent this condo by the day, week, month, or year with no time limits and HUGE potential returns. Rates for the units can range up from $1,000 for monthly rental and more, depending on the season. Also, Ramada Inn has had a huge facelift and update, which will likely cause a rise in value. In 2005, these units sold for up to $260,000. The condo fee is $400/month and includes ALL utilities (electric, water, cable)! NO WORRIES ABOUT SOMEONE RUNNING UP A BIG UTILITY BILL. This ground-floor unit faces the parking lot and includes a new a/c, newer kitchenette, and newer refrig. Guests can use the swimming pool, exercise room, volleyball pit, tiki bar, waterfront restaurant, and on-site laundry facilities. For boating, the Ramada Inn and Sara Bay Marina offer rental docks. If you wait, this deal will be gone! Call NOW! Owner financing negotiable.
Location
State FL
County Manatee
Community Sarasota Cay Club Condo Or2078/2292
Zoning WR/AI/PD
Interior
Interior Features Eat-in Kitchen
Heating Wall Units / Window Unit
Cooling Wall/Window Unit(s)
Flooring Hardwood
Fireplace false
Appliance Refrigerator
Exterior
Exterior Feature Irrigation System, Lighting
Community Features Fitness Center, Pool, Sidewalks, Water Access
Utilities Available Cable Connected, Electricity Connected, Public, Sewer Connected
Waterfront true
Waterfront Description Canal - Saltwater
Water Access 1
Water Access Desc Canal - Saltwater
Roof Type Metal
Garage false
Private Pool Yes
Building
Story 2
Entry Level One
Foundation Slab
Lot Size Range Up to 10,889 Sq. Ft.
Sewer Public Sewer
Water Public
Structure Type Block
New Construction true
Construction Status Inspections
Others
Senior Community No
Ownership Condominium
Monthly Total Fees $395
Acceptable Financing Cash, Conventional
Membership Fee Required None
Listing Terms Cash, Conventional
Special Listing Condition None
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
© 2024 My Florida Regional MLS DBA Stellar MLS. All Rights Reserved.
Bought with FLORIDA SUN REALTY CORP
GET MORE INFORMATION