Siesta Shores

Siesta Shores Condos

Siesta Shores is a small enclave of duplex-type, one-story condos built in the mid-1950s. As such, this property is looking ripe for a redevelopment, and hence, it should now be prominent on the radar screen of prospective investors on Siesta Key condos for sale.

The prime location of this property at 417 Beach Road at the northern part of Siesta Key further makes it a target not only of developers but also rental investors. One of the public access points (No. 7) to the island’s top tourist draw, Siesta Beach, is just a short walk south across the road from Siesta Shores.

Nearby Island Delights

Siesta Beach

Tourists and vacationers flock to this public beach not only because of its pristine white sands and shallow near-shore waters. The facilities of this 40-acre coastal wonder have also been upgraded recently under a multimillion dollar-project. Its amenities include tennis and volleyball courts, picnic shelters, a historic pavilion, nature trail and a new concessionaires’ building with a view deck.

As alluring to holiday-makers, the island’s main commercial hub—Siesta Village Plaza located on the western stretch of the Ocean Boulevard corridor—is only a few blocks north of Siesta Shores. The Plaza teems with casual restaurants, such as Siesta Key Oyster Bar, Lobster Pot and Gilligan’s Island Bar & Grill, in addition to quaint shops like Siesta Keepsakes and Fairy Tails Boutique.

Beachy Bungalows

Beachy Bungalow

The residences of Siesta Shores are charming renditions of beach cottages with wrap-around decks and privacy fences quite right for their tropical island setting. These condos, though modest in size at under 1,000 square feet in their living areas, are bright and airy, as their bungalow-style design allows a generous flow of natural light.

Additionally, the living rooms of select Siesta Shores condos for sale are flexible and could be converted into sleeping areas, a plus for owners renting out their units. The rental policy in this condominium is quite liberal at a one-week minimum per lease allowed 52 times a year.

This condominium, moreover, provides several common facilities that makes its units ideal as a vacation residence or a rental unit. Such amenities include a fire pit, picnic and laundry facilities, and storage area. Each Siesta Shores condo is also provided with parking space within the property.

Rare Opportunities

Given their great potential as a rental investment, the condos of Siesta Shores are rarely available in the market. Between 2015 and 2016, only two units in this condominium were listed amongst Siesta Key condos for sale and promptly drew buyers with their asking prices set in the high $200s. The last one sold notably landed its buyer just two days after the property’s market listing.

Summing it up, a buy-and-hold investment strategy could very well be the tack when considering condos for sale at Siesta Shores. Its units offer substantial rental income with the popularity of Siesta Key as a travel destination. At the same time, Siesta Shores has a great potential for value appreciation with its superb island location and an increasing number of developers upbeat about acquiring properties for new residential projects.

Siesta Shores Siesta Key Condos for Sale

Below are all of the current real estate listings available for sale at Siesta Shores.

Please contact me if you would like to schedule a tour of any of the listed properties.

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Listing data source: MFRMLS - IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS.