Coldwell Banker Realty · Lakewood Ranch, FL
722 S BLVD OF THE PRESIDENTS #201
For Sale · Listing #MFRO6394979

722 S BLVD OF THE PRESIDENTS #201

SARASOTA, FL 34236 · CHATEAU VILLAGE
$459,850
Price
1
Bedrooms
1
Bathrooms
657
Sq Ft
1972
Year Built

Overview

About this home

Situated on the second story of a 4 unit building within the complex this turnkey Lido Key condo looks and feels like a cozy beach cottage. Enjoy morning coffee on your south facing balcony. Refresh yourself in the beautiful blue Gulf waters at the end of the street then pop over to the adjacent beach bar for lunch, happy hour, or sunset! Walk (or rent a bike) to nearby St Armands Circle and enjoy its myriad of shopping and dining choices - day and night. There's a romantic fireplace (heat optional)for curling up with a good book if we have a cold snap, a full size W/D, lots of closet space, a carport, and (drumroll)..... excellent income potential! Why is the price higher than some? Because of the income potential. The complex is one of the few on Lido Key that doesn't require long term rentals - this allows you to maximize income. It is very popular on Airbnb and VRBO, with many guests returning regularly year 'round. Summer rates for this floorplan are apprx. $240 nt. and Season '27 bookings are $365+ nt.. Upgrades have created a roomy space that adapts well to dual purpose use. While there's a carport, a car isn't really needed to get around the island, and there is a free trolley to/from Whole Foods and adjacent Main Street restaurants and shops, as well as an almost free taxi type service.

Details

Property typeCondominium
StatusFor Sale
CountySarasota
Year built1972
Lot size0.33 acres

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