Twin Banyan Condos for Sale – Siesta Key

Twin Banyan

Twin Banyan is a small condominium located at 446 Canal Road in a quiet stretch on the northern side of Siesta Key. It has quite a few units, which are all housed in a two-story apartment building constructed in 1975.

While older than many of their neighboring Siesta Key condos for sale, these units are still much sought-after, especially by investors seeking rental properties. This is because Twin Banyan draws plenty of guest bookings as its condos have had upgrades, are clean and well-kept, and their rates are relatively more affordable particularly for the budget-conscious tourists.

The Right Spot

Twin Banyan

Several other factors weigh in to make Twin Banyan a favorite choice by tourists and ultimately by rental condo investors. Location is amongst these, as the condominium is only some 200 meters from one of the public access points to Siesta Key Beach renowned not only for its pristine white sands but also its recently upgraded facilities.

Visitors to this 40-acre public beach park can avail of its nature trail, picnic area, pavilion, food concession stands, and tennis and beach volleyball courts. They can likewise partake in the special events that the beach regularly hosts, such as sand sculpture competitions and beach sports events.

There are two other choices of beaches on the Siesta Key coast which are just as easily accessible: Crescent Beach and Turtle Beach which has been renourished recently. Besides providing water-based recreation, the Siesta Key beaches are also Gulf Coast focal points in the conservation of sea turtles. From May to October, these marine creatures nest in these local beaches as an added charm both for local residents and visitors.

Charm of Siesta Village

Twin Banyan

There is a beachy charm as well to the main merchants’ district in Siesta Key which is just a short distance north of the Twin Banyan condos. Called Siesta Village, this compact commercial hub is home to some 100 gift shops, boutiques, day spas, restaurants, and bars providing a vibrant nightlife.

From the village, a free trolley system called Siesta Key Breeze takes passengers south to Turtle Beach passing by the Canal Road area of Twin Banyan. Siesta Key’s Grand Canal, which is just east of this two-lane road and accessible from some points of its stretch, is another quaint feature of Siesta Key.

This canal system meanders for 10 miles mainly on the northern part of the key, creating an expansive waterfront neighborhoods. Curious boaters traversing its length will not only have glimpses of many luxury canal-front homes. They may also have the chance to encounter endearing local marine life such as Florida’s iconic manatees.

Full Load of Extras

Twin Banyan

From within their complex, Twin Banyan condos for sale have lots of extras to offer as well. This community has its own private pool lush, parking area, and lush tropical landscaping buffer its gated perimeter.

What Twin Banyan doesn’t have much though are listings amongst Siesta Key condos for sale, given that its condo owners often keep their units as cash cows which could generate as much as $50,000 a year in rental income. The condos in this property can be rented for a minimum of one to seven days, 52 times a year.

Recent market activity on Twin Banyan condos revolved around units sold with a tag price in the $400s. These residences feature two bedrooms and one bath within a floor plan of about 700 square feet, relatively tiny but loaded with charm which could excite prospective buyers of Siesta Key condos for sale.

Twin Banyan Siesta Key Condos for Sale

Below are all of the current real estate listings available for sale at Twin Banyan.

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.