Price: $610,000
Beds: 2
Baths: 2
Living Area SqFt: 1,552
Status: Active
Property Type: Villa
Year Built: 1964
Neighborhood: Aloha Kai Apts
Days on Website: 62

Courtesy of RE/MAX TROPICAL SANDS.

Property Description

Extraordinarily rare opportunity in Aloha Kai. This unit is currently configured as a 2 bedroom/ 2 bath with 2 living areas and roof top decks, but has the potential to be a 3 bedroom/ 2 bath (approval from the board in hand) without changing the footprint. 3 units from the sand and partial Gulf views from the upstairs you wont find a better arrangement anywhere on condo row. This unit has updated kitchen and newer A/C and the lower level has been totally re-done with beachside living/ renting in mind. Excellent outdoor living really puts this unit over the top. Bring your buyers with a creative mind and this property will absolutely not disappoint. Make sure to check out the massive swath of private beach, with all chairs and lounges provided, Aloha Kai has the largest heated pool on the island. Only one part of the unit (1 bedroom/ 1 bath) has been available to be rented and it grossed approx. $36,000 in 2017 and over $39,000 already on the books for 2018. This really is the property you have been looking for. The adjoining unit is also for sale under the income section of the MLS and is offered at $1,220,000. Together, a conservative rental estimate of $130,000+ per year is likely. This would make an absolute home run for any investor!

Property Details and Features

  • Appliances and Equipment
  • Dishwasher
  • Disposal
  • Electric Water Heater
  • Refrigerator
  • Bathrooms
  • 2 full bathrooms
  • Bedrooms
  • 2 bedrooms
  • House
  • Built in 1964
  • Living Area: 1,552
  • 2 stories
  • Block
  • Wood Frame
  • Two
  • Community
  • Deed Restrictions
  • Pool
  • Water Access
  • Waterfront
  • Cooling
  • Central Air
  • Exterior Features
  • Balcony
  • Covered
  • Patio
  • Screened
  • Floors
  • Ceramic Tile
  • Foundation
  • Slab
  • Water
  • Water Access
  • Water Extras YN: 0
  • 100 feet of private beach frontage
  • 100 total feet of water frontage
  • Beach – Private
  • Gulf/Ocean
  • Heating
  • Central
  • Home Owner’s Association
  • Association Approval Required
  • Fee Frequency: Quarterly
  • Fee Requirement: Required
  • Fee: $1,350
  • Monthly Amount: $450
  • Cable
  • Clubhouse
  • Laundry
  • Maintenance
  • Vehicle Restrictions
  • Cable TV
  • Community Pool
  • Internet
  • Maintenance Grounds
  • Manager
  • Pool Maintenance
  • Interior Features
  • Thermostat
  • Listing
  • Available for lease
  • Furnished: Furnished
  • Month-to-Month or Weekly
  • Property type: Villa
  • 61 days on market
  • None
  • Location
  • County: (value}
  • MLS Area Major: 34242 – Sarasota/Crescent Beach/Siesta Key
  • Subdivision Name: ALOHA KAI APTS
  • SW Subdiv Community Name: Aloha Kai Apts
  • Township: 37
  • Lot
  • In County
  • Parking
  • Assigned
  • Parking Pad
  • Pets Policy
  • No
  • Property
  • Condo Land Included YN: 0
  • Roof
  • Shingle
  • Taxes
  • Annual Amount: $5,463
  • Year: 2017
  • Utilities
  • BB/HS Internet Available
  • Cable Connected
  • Electricity Connected

Property Map

$610,000 – 6020 Midnight Pass Rd #52s, Sarasota, FL 34242

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This content last updated on January 16, 2019 06:15. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.