TAKE A PEEK INSIDE A RARELY AVAILABLE VILLA ON SIESTA KEY!

My newest listing in Crescent Arms on Siesta Key quickly went under contract in only 4 days! Units in Crescent Arms RARELY come on the market; take a peak inside this great investment opportunity villa!

6308 MIDNIGHT PASS RD, #9, SARASOTA, FL 34242
List Price: $879,900

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Let Shayla Twit keep you informed about the Sarasota, FL area real estate market. She specializes in the local barrier islands and area mainland to include: From North to South: Anna Maria Island, Longboat Key, Lido Key, Bird Key, Siesta Key, Casey Key and Manasota Keys, Bradenton and Lakewood Ranch, Florida!

I wanted to add that I’ve really been enjoying this video journey with neighborhood and home tours while mixing in information on the housing market, predictions, stats, coming soon listings, and how to navigate through a sale from contract to closing, pitfalls and challenges that arise throughout the process. We also show you some of our favorite must do’s and must sees like local restaurants, shops, spas, areas and so much more. And every month on the last Wednesday we highlight one locally owned and operated business and business person, as we enjoy giving back to the community by shopping and dining locally.

Shayla Twit has been selling gorgeous Sarasota, FL and her surrounding areas since 2002. Check out her Instagram @realshaylatwit where she also posts her passions: doggies, all things animals really, fitness and fun things happening around Sarasota!

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Welcome to Crescent arms I’m beautiful Siesta Key this is Siesta Key Beach and We’ve got a great listing here it Actually went pending in four days but We still want to show it to you because It’s a rare opportunity to see one of These Villas that never come on the Market so stay tuned Okay so this is about Midway ish on the Island of course on the west side Because that’s where the beach is and if You haven’t guessed it’s private to Crescent arms owners it’s public beach Actually but they just can’t use the Lounge chairs and umbrellas the lounge Chairs come with the property and There’s a service that brings out Umbrellas you can utilize those but this Is a Tuesday late morning in mid-august To give you an idea of kind of what the Beach looks like at this time of the Year I would say pretty apropos to the Time of year as kids are kids down here Are back in school So I guess this gives you an idea and Then um behind here you’ll see the Little shower and the foot wash there so Convenience of coming off of the beach You’ll you’ll find that to be a absolute Necessity because the sand the quartz Sand it like sticks to everything so When I come and drive down here in my Car it always sticks to the mat so Um that is really importante

Okay so this is the view coming off the Beach so you’ve got actually two towers And then the Villas so there are 87 Total residences you’ve got 35 units in Each Tower and there’s actually only 17 Villas on the property we have one of Them listed under contract so the last Time one came on the market was two Years ago and that sold for about 7.45 And we have this listed at 879.99 I Can’t tell you the price until it closes But this is kind of the layout and Toward the very front is the on-site Rental office management they’ve got a Roving security guy maintenance guy on His golf cart Hue he’s wonderful and Heated pool in the front it’s really Really secure here too it’s it’s like Fort Knox getting in here okay it was Like there’s a gate there’s security Cameras Um the staff here is really on top of Things they really watch for everything Notice the pavered walkway really nice Upgrade so Um yeah I’m excited to show you the rest Of it one of the things that you need to Know about Crescent arms is the flexible Rental policy it’s a one week minimum up To 52 times per year rental policy and Most of the properties on the island Side are monthly maybe two to three Month minimum some six-month minimum Some you have to own for a period of

Time actually before renting I’ve seen As high as three years before you can Rent a property which is I think this is Just my opinion excessive but this one Is more conducive to like the Vacationers and again the the one week Minimum is great and there is on-site Rental Management so they have they Charge 18 to manage it and advertise and And virtually check people in and out And handle the cleaning and the overall Maintenance and the management of your Property now if you as an owner find a Renter they would only charge 13 so it’s Kind of a nice sliding scale Uh the other nice thing about the rules Here it’s it’s flexible in terms of the Rental income potential so you can Utilize the on-site management you can Also advertise on your own like on Airbnb and VRBO it’ll really optimize That rental income you don’t have to and Or you don’t have to rent it at all so You can do a combination of things which I find to be really Um especially for someone looking at a Property like this in terms of an Investment property it gives the owner a Lot of flexibility and the other thing Too is there’s no restriction for Owner’s usage so a lot of times Properties like this they might limit You on your your ability to use it as Your own personal vacation property so I

Want to show you the inside come on in Okay welcome inside unit 9 Villa in Crescent arms so it really has the feel Of a small home because you’ve got two Bedrooms over there you have a one-car Standard one-car garage in here in there Is the hot water tank and then out in The back alanai which is awesome So uh yeah you get this extra like Outdoor living space that kind of feels Like an extension of your home that’s How we operate here in Florida And there’s no carpeting which is Obviously preferred we are coming in and Out the beach is really close like it’s It’s I don’t know how many Paces but It’s very close and it’s like a lot of Island properties this comes fully Turned key furnish as you see it Um it sleeps I would say comfortably six People the washer and dryer is inside The unit too which is great because the Um condos are a little different but I Wouldn’t necessarily call this a split Plan but the master on one side Um second guest bedroom on this side They did Leverage being under the AC and Put your washer and dryer here I guess It’s better than being in the garage Right so that’s inside the unit it’s Just under 1200 square feet the HOA is Actually with the HOA fees having gone Up so much over the last couple years Due to Surfside

This being 9.75 a month is pretty low And what you need to know about Crescent Arms is they passed phase one of their Environmental study engineering report Which is huge which means they’ve got a Lot in reserves plenty for future Improvements structural and otherwise Um And they have a really really healthy Budget and they don’t have upcoming Assessments to the to the management or The owner’s knowledge so these are Really really awesome features of this Community that a buyer will look to and Ask about when purchasing I think They’re really important things the the Financials of a property so I wanted to Add a couple things about the budget Because it’s really important people Always ask about the roof the exterior The windows and the content the contents Of the property so in your 975 a month It actually does include your tile roof Repair replacement Uh which is which is a big deal so Something happens hurricane there’s a Hurricane deductible for the HOA but That is included in your HOA cost so That would come out of the HOA and with Respect to specifically Crescent arms The original Windows which these are Original to the unit are covered by the HOA now if someone elected to change out Their windows or French doors or if

Someone have sliders then those would be On the new the owner’s responsibility But otherwise that’s covered and all the Exterior maintenance the lawn landscape You know paint they paint usually every Seven years kind of thing that’s all Included I did also want to mention because I’m Talking a lot about the numbers and Income this unit produced about 140 Gross income over the last two years so 21 2021 and 2022. anyway so really Strong numbers I think but anyways this Is the Gated entry gates gates gates Cameras Um you’ve got a secure lock uh mailbox Situation over here and then the heated Pool over here there’s people in there Sooner but um there’s people there Enjoying their best lives And this building is the office so that Kind of gives you an overview now I Would say it’s a walk to Captain Kurtz Daiquiri Deck and all that so nicely Situated a true walk in August okay you Could walk from here to Captain Kurds Which is closer to Stickney Point down There Um yeah so that gives an overview we Don’t do a ton on Siesta Key but check Out our other videos our neighborhood Tours of Siesta Key in in the library There so hopefully that’ll be helpful to Familiarize yourself with Siesta Key a

Little bit more the number one beach in The country usually top three in the US Of a every year so we’re really proud of That Um Yeah so that’s it and thank you for Watching thank you for uh subscribing And commenting and I want to hear from You if you are interested in purchasing Or selling I’m happy to give you an Equity update on your property please Call me 941-544-7690 my email is shaylatoid Gmail.com or click the link below Shayla Twit.com

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