La Siesta

La Siesta

La Siesta is a logical candidate for condo buyers who want to explore a rental opportunity as well as maintain a seasonal vacation home on Siesta Key. This condominium sits right across from the widely popular tourist destination of Siesta Beach, a strong factor in favor of Siesta Key condos for sale or rent.

Occupying the block of 901/925 Beach Road, La Siesta is already amongst the local landmarks in the eight-mile long Siesta Key. This condominium was developed in the early 1970s, and it has continued to be in mint condition, thanks to its superb maintenance and high quality construction.

All the Right Amenities

La Siesta

La Siesta is a charming complex with three residential buildings, each four stories tall. The condominium is relatively low density with just 78 units, and it features in-house amenities that prospective renters and buyers of Siesta Key condos for sale typically look for.

Residents and guests of La Siesta have access to a heated community pool and a recreation center. Covered parking and walkways are available as well, along with wireless Internet. Activities in La Siesta also gravitate to its two barbecue areas and a clubhouse featuring exercise equipment, pool and ping pong tables, and shuffle board courts.

These in-house amenities multiply many times over with Siesta Key Beach just across the street from the condominium. The facilities of this public beach park underwent a $21.5 million upgrade which was completed in early 2016. Improved beach access from the Beach Road corridor of La Siesta is notably amongst the highlights of this project.

Alluring Siesta Key Events

Marina Del Sol

Other park improvements include a new pedestrian esplanade, picnic shelters, and a new concession building. New tennis courts were also constructed on the grounds of Siesta Key Beach that likewise hosts special events and sports competitions like sand sculpting competitions and beach volleyball meets.

Also pleasing to residents and guests of La Siesta, the condominium is just minutes away from the Siesta Key Village. This main commercial hub on the island offers more besides its shops and restaurants. It also holds popular events, such as the annual Siesta Fiesta. Boat, bike and kayak rentals have also set up shop around the Village. All these, coupled with the free local trolley service, provides opportunities to move around and enjoy the various points of interest in and around Siesta Key.

Some Figures to Ponder

All these factors combine to make La Siesta condos for sale a viable choice as a rental property investment. Pencil-pushing on the income potential of a unit could be facilitated readily as rental history and advanced bookings are typically available on the condominium’s sales listings.

A La Siesta unit is rentable for a minimum of one week, 52 times a year. These condos feature floor plans ranging from one-bedroom units with living areas of 697 square feet and priced starting from around the mid-$300s. The asking prices level up to the $400s for La Siesta condos for sale with two bedrooms and two baths within floor plans in the 753‒940-square-foot range.