Luxury Home Short Term Rental

2 Replies

Investment Info:

Single-family residence buy & hold investment.

Purchase price: $1,100,000
Cash invested: $1,100,000

Stephen David Smith Jr.

Located “West of the Trail” in the coveted Oyster Bay area, this beautiful 4-bedroom family home, has 3 full baths and 2 bonus rooms. Just minutes from the world-renowned Siesta Key Beach, lively Siesta Key Village, the stately, but relaxed Field Club, Southside Village, downtown Sarasota, a plethora of dining options and so much more.

This particular property is being used as a STR with ownership usage blended. I have a condo I represented on Lido Key that has a similar approach by a New York investor I work with but is in a much more premium area on the beach. The Beach condo during the seasonal events/boat races rents for $25k-$30k a month.

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