MANGROVE REALTY ASSOCIATES
Lori Madden, MANGROVE REALTY ASSOCIATES
Email: [email protected]

5223 CALLE MENORCA SARASOTA, FL 34242 now has a new price of $799,900!

by Lori Madden 03/21/2018

5223 Calle Menorca, Sarasota, FL 34242
Residential IncomeSold
List Price $799,900
Sold Price $665,000
5223 Calle Menorca
Sarasota, FL 34242
MLS: Sarasota - Manatee
Est. Mortgage
$4,229/mo

LOCATION, LOCATION, LOCATION! Rare opportunity to purchase a triplex located a half block from the hub of Siesta Key's Village. Well maintained property with ability to generate rental income immediately. This coveted location is a must for nightly, weekly or seasonal tenants who want walkability & ease of access to everything, including shopping, grocery, restaurants and bars. And let's not forget the "#1 Beach in the USA!" (Beach Access #5 just around the corner). Live in the main house, a 2 bedroom/1 bath, and rent out the upper ("Tree House Suite") and lower ("Manatee Suite") efficiencies, or rent all 3 for highest return. The two efficiencies are attached to the main house, but have separate entrances for privacy. After taking in sunset or drum circle on the beach, head home for cocktails and a fire in the private back yard. Endless hosting possibilities abound for this property or simply create a family vacation compound.

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About the Author
Author

Lori Madden

As a Florida native growing up in Sarasota, I have seen my hometown grow from a sleepy coastal town to a highly sought-after destination along the shores of the Gulf of Mexico. After working in Chicago for 5 years, I returned to Sarasota and saw it through a new lens and really began to appreciate what makes Sarasota so desirable, including temperatures that allow for year round outdoor activities including tennis (a personal favorite), golf, boating, kayaking, fishing, paddle boarding, or just relaxing and/or shelling on our pristine sandy shores, including Dr. Beach’s #1 beach in the United States for 2017, Siesta Key! Sarasota’s cultural amenities are many and diverse, appealing to a wide range of arts lovers. Downtown Sarasota has become a destination in itself, drawing many new developments for those who want to be within walking distance of Main Street's offerings and the picturesque bayfront and marina. Foodies will find an eclectic mix of locally owned and operated restaurants offering something for everyone, and there are now Farmers Markets every day of the week in various locations throughout Sarasota, but the Saturday morning Farmers Market in downtown Sarasota draws the biggest crowds. Since 1988, my passion has been selling real estate, representing both buyers and sellers. I have been recognized by my clients and customers for an uncompromising work ethic and dedication to helping them achieve their real estate goals. Relying on my experience as a real estate paralegal and being highly organized, I am able to help make the transition between contract and closing a smooth one for my clients. With an eye for interior and landscape design, I've been known to pitch in and help Sellers minimize and/or reorganize their belongings in order to stage their home to maximize its sale potential. I specialize in out of state buyers looking for their piece of paradise along the Gulf Coast and make it a priority to keep them up to date on our quickly changing local real estate market. I welcome the opportunity to share with you all Sarasota and her surrounding islands have to offer!