* * * * INVESTOR ALERT! * * * * * 5%+ CAP RATE! * * * * It really is all about the location- and of course the view! Almost perpetually leased, this wonderful income producing property at La Siesta is perfectly located just across the street from the world-famous Siesta Key Beach, recently proclaimed Tripadvisor's number one beach in the United States. This nicely updated one-bedroom, one-bath turnkey furnished unit features comfortable chic coastal furnishings, a fully equipped kitchen with new stainless steel appliances, new HVAC, and is the perfect place for tenants and owners to set up shop and explore Siesta Key and all Sarasota has to offer. Kick back, relax and enjoy a glass of wine at sunset from your private screened lanai with a view of the Gulf of Mexico, or just head down to be the beach for a stroll along the water front. La Siesta offers everything you want in resort-style amenities; community pool, fitness center, on-site laundry facility, grills and a recently updated clubhouse with recreation room. The unit offers a reserved covered parking space. The weekly rental policy at La Siesta provides healthy income, this unit is booked pretty much solid through third week in May of 2023. The rental program is managed by a full-time on-site management staff for the convenience of the owners and the guests alike. Yes, you can have it all!
Property Description: Mid Rise
CondoProperty Type
1972Year Built
$654Est. Price/Sq.Ft.
1 spaceParking
Listed by John Thorson, PA• COLDWELL BANKER REALTY
Contact: 941-388-3966
Bought with Deanna Kennedy• MICHAEL SAUNDERS & COMPANY
Wow! What a beautiful view of the fabulous and most beautiful beach in the USA! Are you ready to own a piece of Paradise? Well, this is it! This place is a great income producer, allowing weekly rentals when you are not occupying your unit. Relax and enjoy breathtaking sunsets from your private balcony. Walk to the public beach directly across from La Siesta. A heated swimming pool is available for your daily exercises. The nearby Siesta Village has wonderful restaurants and great shopping including a desirable food market with delicious prepared foods for the time when you have been on the beach. Downtown Sarasota is a short driving distance, offering Theatre, Art, Opera. .. and outstanding shopping. Come see this enticing place before it is gone.
Stellar MLS as Distributed by MLS Grid #A3985434
Mar 7, 2014
Sold
$275,000
$395/sq ft
Oct 4, 2013
Listed
$319,900
$459/sq ft
Wonderfully positioned condominium on Siesta Key across the street from the main pavilion of the recently ranked No. 1 beach in the United States. This third-floor residence enjoys fabulous views of that perfectly white sand and the turquoise blue watersof the Gulf of Mexico. The fortunate owners of this adorable and immaculate residence can go back home for another cold beverage just as fast as visiting the snack bar. This one bedroom, one bath residence enjoys a terrific rental income, with weekly rentals allowed, making this a very desirable property for visitors to Siesta Key. It is decorated very stylishly and has a nice-sized screened lanai perfect for enjoying the cool breezes of the Gulf as well as the sights and sounds of magnificent Crescent Beach and Siesta Key Beach. The condominium is managed and maintained beautifully by the on-site management office. The residence is being sold turnkey furnished and includes a sleeper sofa in the living room. LaSiesta has very reasonable maintenance fees. The grounds are maintained to near perfection, and there is a lovely heated pool, clubhouse, and fitness room available to those renting or living in the condominium. Close to the village area where there are wonderful dining and shopping choices.
Property Description
Mid Rise
Public Records
Jul 23, 2004
Sold
$399,000
$572/sq ft
Public Records
Oct 13, 2003
Sold
$310,000
$445/sq ft
Public Records
Oct 30, 1995
Sold
$118,000
$169/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$4,937 (−16.6%)
$390,400
2024
$5,921 (−7.8%)
$477,800
2023
$6,423 (+29.8%)
$521,900
2022
$4,949 (+28.2%)
$389,600
2021
$3,860 (+6.9%)
$287,000
2020
$3,613 (−2.8%)
$261,900
2019
$3,718 (−1.4%)
$273,700
2018
$3,770 (+2.0%)
$279,100
2017
$3,696 (+2.2%)
$268,400
2016
$3,615 (+9.9%)
$262,600
2015
$3,289 (−10.6%)
$224,700
2014
$3,677 (+7.6%)
2013
$3,417 (+11.4%)
2012
$3,066
Tax history for 901 Beach Rd #303
Year
Property tax
Land + Additions
Assessment*
2025
$4,937 (−16.6%)
$390,400
2024
$5,921 (−7.8%)
$477,800
2023
$6,423 (+29.8%)
$521,900
2022
$4,949 (+28.2%)
$389,600
2021
$3,860 (+6.9%)
$287,000
2020
$3,613 (−2.8%)
$261,900
2019
$3,718 (−1.4%)
$273,700
2018
$3,770 (+2.0%)
$279,100
2017
$3,696 (+2.2%)
$268,400
2016
$3,615 (+9.9%)
$262,600
2015
$3,289 (−10.6%)
$224,700
2014
$3,677 (+7.6%)
2013
$3,417 (+11.4%)
2012
$3,066
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Beds
1
Baths
1
Stories
1
Lot width
—
Lot depth
—
Lot size
—
Year renovated
2002
Sq. Ft.
697
Year built
1972
Style
Condo/Co-op
County
Sarasota County
APN
0107025015
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 10, 2026.
RMF-3
SKOD
Multi-Family District
The RMF Districts permit multifamily residential densities, which may take the form of a variety of housing types, including single-family detached, lot line, traditional, patio, villa, atrium, duplex, townhouse, multiplex, or apartment units. These districts are used in areas having convenient access to both collector and arterial streets, and nearby civic and commercial uses, as well as employment opportunities; The RMF Districts are generally used to implement the Comprehensive Plan within those areas shown as Medium Density Residential, High Density Residential, Office Multifamily Residential Areas and Corridors, and Town and Village Centers on the Future Land Use Map, on the Barrier Islands where the application of the district would not increase the density of development or hamper hurricane evacuation planning and disaster mitigation efforts, and Developments of Regional Impact. The RMF Districts, while not a primary implementing district, may also be allowed in Regional, Community, Village I, Village II, and Neighborhood Commercial Centers. Appropriate densities within the Medium Density and High Density Residential areas shall be guided by the density ranges as outlined in Future Land Use Policy 1.1.1, Objective 2.3, and Policy 2.3.1 of the Comprehensive Plan. These densities shall also be determined, in part, by the land use designations and developed residential areas surrounding the parcel.
Utilities: BB/HS Internet Available, Electricity Connected, Public, Sewer Connected, Water Connected
Location
Multi-Family Financial Information
Total Annual Fees: $6,300
Total Monthly Fees: $525
Multi-Unit Information
Unit Number YN: 0
Furnished: Turnkey
HOA Information
Association Name: Robin Reeves
Has HOA
Montly Maintenance Amount In Addition To HOA Dues: 0
Association Fee Requirement: Required
Association Approval Required Y/N: 1
Association Amenities: Clubhouse, Elevator(s), Fitness Center, Laundry, Pool, Shuffleboard Court, Vehicle Restrictions
Association Fee Frequency: Quarterly
Association Fee Includes: Common Area Taxes, Pool, Insurance, Maintenance Structure, Maintenance Grounds, Pest Control, Pool, Sewer, Trash, Water
Location Information
Directions: From Tamiami Trail heading south turn right onto Stickney Point Road, turn right onto Midnight Pass Road, continue onto Beach Road and turn right on Beach Way Drive, and on your right is La Siesta Condominiums. Directly across the street from the public beach parking lot.
Condo Information
Floor Number: 3
Monthly Condo Fee Amount: 525
Condo Land Included Y/N: 0
Condo Fees Term: Quarterly
Condo Fees: 1575
Community Information
Community Features: Buyer Approval Required, Fitness Center, Pool
Pets Allowed: Number Limit, Size Limit, Yes
Max Pet Weight: 25
Public facts
Beds: 1
Baths: 1.0
Sq. Ft.: 697
Stories: 1.0
Lot Size: —
Style: Condo/Co-op
Year Built: 1972
Year Renovated: 2002
County: Sarasota County
APN: 0107025015
Home facts updated by county records on Jul 10, 2026