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7150 N TAMIAMI TRAIL, #S603, Sarasota, FL, 34243 | $114,900
INCREDIBLE INVESTMENT OPPORTUNITY – TURNKEY SHORT-TERM RENTAL WITH NO RENTAL RESTRICTIONS!
STOP SCROLLING—THIS IS THE ONE! If you’re looking for an income-producing, short-term (or long-term) rental with NO rental restrictions, look no further! This fully renovated, fully furnished studio is a potential moneymaker from day one! Whether you're an investor looking for passive income or someone dreaming of owning a piece of Sarasota’s thriving vacation market, THIS IS IT!
Step inside this beautifully updated unit, featuring sleek porcelain tile flooring, a spa-inspired walk-in shower with a custom glass divider, fresh drywall, and new paint—every detail designed for style, durability, and comfort! The space is outfitted with brand-new solid wood furnishings, a plush mattress set, a mini refrigerator, and coffee maker—perfect for guests looking for a cozy, well-appointed retreat.
Nestled in the highly desirable Sarasota Cay Club & Ramada Waterfront Resort, this property offers a true vacation experience with top-tier amenities including a heated pool, waterfront tiki bar & restaurant, boat and kayak rentals, a business center, coffee bar, fitness center, gaming zone, and electric vehicle charging stations. All of this is surrounded by lush tropical landscaping that transports guests to a relaxing paradise!
Minutes from Sarasota and Bradenton’s world-famous sugar-sand beaches, the shimmering turquoise waters of the Gulf of Mexico, IMG Academy, the Ringling Museum, Van Wezel Performing Arts Hall, Sarasota International Airport, and an endless array of shopping, dining, and entertainment! Whether guests want to soak up the sun, explore vibrant arts and culture, or experience the best of Florida’s Gulf Coast lifestyle, they’ll find it ALL just outside the door.
With no rental restrictions, and ALL-INCLUSIVE condo fees covering electricity, high-speed internet, cable, phone, water, sewer, pest control, and property maintenance, this is a stress-free investment that practically runs itself! Additional services including on-site maintenance and housekeeping, breakfast and seawall dockage are available for added convenience at an additional cost.
PRICED TO SELL - Schedule your showing today and start earning passive income in paradise!
Features
- Heating: Wall Units / Window Unit
- Cooling: Wall/Window Unit(s)
- Levels: 2
- Rooms: 1
- Baths: 1 full
- Laundry: Common Area
- Complex: SARASOTA CAY CLUB CONDO
- Year Built: 1959
- Common Charge: $715 Monthly
- Approx Sq. Feet: 348
- Acreage: 1.34
- Est. Taxes: $1,111
- Pet Policy: No
- Appliances: Microwave
- MLS#: A4645715
- Days on Market: 24 days
- Website: https://www.raveis.com
/prop/A4645715/7150ntamiamitrail_sarasota_fl?source=qrflyer
Listing courtesy of KELLER WILLIAMS ON THE WATER S Phone: 941-803-7522
William Raveis Family of Services
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Customer Service
888.699.8876
Contact@raveis.com
Our family of companies offer our clients a new level of full-service real estate. We shall:
- Market your home to realize a quick sale at the best possible price
- Place up to 20+ photos of your home on our website, raveis.com, which receives over 1 billion hits per year
- Provide frequent communication and tracking reports showing the Internet views your home received on raveis.com
- Showcase your home on raveis.com with a larger and more prominent format
- Give you the full resources and strength of William Raveis Real Estate, Mortgage & Insurance and our cutting-edge technology
To learn more about our credentials, visit raveis.com today.
Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC
NMLS Mortgage Loan Originator ID 16953
917.838.7300
Melissa.Cohn@raveis.com
Our Executive Mortgage Banker:
- Is available to meet with you in our office, your home or office, evenings or weekends
- Offers you pre-approval in minutes!
- Provides a guaranteed closing date that meets your needs
- Has access to hundreds of loan programs, all at competitive rates
- Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction
Pedro DelgadilloInsurance Sales Director, William Raveis Insurance
305.922.5393
Pedro.Delgadillo@raveis.com
Our Insurance Division:
- Will Provide a home insurance quote within 24 hours
- Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
- Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable
7150 N TAMIAMI TRAIL, #S603, Sarasota, FL, 34243
$114,900
Customer Service
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
Melissa Cohn
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
|---|---|---|---|
| Loan Amount | $91,920 | $91,920 | $91,920 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.250% | 6.875% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.944% | 7.025% | 6.046% |
| Monthly Tax Payment | $93 | $93 | $93 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $566 | $604 | $763 |
| Total Monthly Payment | $734 | $772 | $931 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change. The Total Monthly Payment does not include the estimated HOA/Common Charge payment.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484
FL Mortgage Lender MLD1388