If you’re looking for an affordable, investor friendly gulf side condominium loaded with countless amenities right on Siesta Key beach, than the Palm Bay Club should be on your list to see. The beaches here are pure powder white sand and the water is crystal clear. This is the sort of real estate Sarasota is known for and the sort of place you find pictured on postcards. This is truly a special place. There are three sections that make up this lush tropical paradise that you will want to see.
This prime mid-key location is located just minutes from the restaurants and night life that the village offers. It’s also just a quick drive into the Sarasota downtown area for all the cultural and artistic attractions this town is known for.
Section one was built in 1970 and consists of 205 condominiums. Units run from 550 to 1659 square feet. Section two was built in 1974 and run from 870 to 1600 square feet. Section three, the final building, consists of 56 units ranging from 870 to 1265 square feet. Predominantly, the units are two-bedroom two-baths with anywhere from 1000 to 1200 square feet. Occasionally a direct gulf view unit comes on the market and can be priced a bit higher than the other units. The good news is every owner and tenant can walk to the world-class beaches of Siesta Key.
The amenities you find in this tropical paradise include two heated swimming pools, and large hot tub, tennis courts, state of the art fitness center, dockage for the boaters, barbecue grill, a fishing pier, private beach, and wi-fi is available throughout the property. The property also has elevators and an on-site laundry facility.
Condo fees include maintenance of the building exterior, all building in flood insurance, maintenance of the grounds, and on-site manager, and escrow fund for items like roof and private road maintenance.
If part of your plan is to cover costs by renting your unit out when you are not here than the good news will be the minimum rental period is from 1 to 7 days. The on-site rental program has an excellent website which attracts visitors from around the world.
The Palm Bay Club is a pet friendly condominium. Owners are allowed a pet however, tenants are not.
Take a closer look and right now you will find that ownership of the condo on Siesta Key is more affordable than ever. Interest rates are lower than they have been.. Siesta Key draws visitors from across the world every year and is consistently ranked as one of the top 10 beaches in the US. Within an on-site rental program, the cost to own might just surprise you.
Our site keeps you up to date with new listings, price changes and real estate sales daily. When you are ready to buy or sell, we are here to make the process as smooth and trouble free as possible. We also provide up to date and current analysis through our real estate market reports. It's all about information and making smart decisions. After all, isn't that how real estate is supposed to work?
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