6 Gulf Front Communities to Generate Rental Income
Some would say living the Florida dream would be having a residence near the beach that you can stay at whenever you want. Others would argue the ultimate Florida dream is to own a place near the beach you can use AND rent to make some passive income. We work with a number of clients that have an expressed interest in finding property that has the potential to generate rental income. Whether it's used by seasonal tenants or for vacation guests, here are a few condo communities worth checking out if you want to invest on the Gulf to produce some serious spending money.
El Presidente: A gated condominium community situated near the south bridge entrance to the key, guests will love vacationing within El Presidente and owners will love the income potential. An ideal location to reach the mainland for everyday conveniences and far enough south to enjoy the direct beach frontage away from the public access points. El Presidente is a smaller, single building with lots of perks including a community pool and spa, club house and tennis courts. There is an on-site rental management company should you prefer the assistance of a property managers, plus owners are allotted 1 week rentals that can be rented 52 times a year.
Sarasota Surf and Racquet: A beautiful beach front community with lots to boast about. Sarasota Surf and Racquet is a gated condominium with perfectly manicured landscaping, har-tru tennis courts, fitness facility, community gathering room, 2 heated pools, grilling area, an on-site rental management team, and of course direct beach access. The location is superb to mingle and enjoy all the action in The Village or to jump onto the main land for life off the island. The rental program allows owners to lease their units for 1 week minimums all 52 weeks of the year.
Crescent Royale: A location hard to beat when you're considering a place to buy or stay on Siesta Key. While not on the beach, this charming condominium is directly across the street from the main public access point for Siesta Key Beach. Gated for added security, residents also have access to the community pool and fitness center, but the main draw is the easy access to the beach. A great location to enjoy all the food, shopping and fun in The Village while staying close to home. Owners have the option to add their condo to the onsite rental program where units can be rented for a 1 week minimum stay all 52 weeks of the year.
Lido Dorset: Built in the 1960's, the Lido Dorset maintains its retro charm and its prime location on Lido Key. Situated directly across the street from Lido Beach and just down the street from St. Armands Circle, this is a community well worth investing in. Amenities and features are minimal, with just the community pool, but vacation visitors will be more interested in the buildings accessibility to the beach and all prime shops and restaurants within walking distance at the circle. Lido Dorset allows 1 week rentals that can be utilized all 52 weeks of the year.
Casa Del Mar: Own a little place of your own on the highly coveted barrier island of Longboat Key in Casa Del Mar. A gulf front community where owners and tenants alike can enjoy the private beach stocked with umbrellas and lounge chairs, the community gulf front pool, tennis courts, basketball court, pickle ball and open deck area with BBQ grills and picnic tables for outdoor fun. No usage restriction with year round income potential through the weekly rental program handled by the site management team.
Sand Cay: The beautifully maintained community of Sand Cay on Longboat Key is a perfect spot in paradise to claim as your own and utilize as a rental income generator. Enjoy being steps away from the beach as well as the plethora of amenities such as the community tennis courts, shuffleboard, heated pool, basketball, and barbecue area. Owners can take full advantage of the full time on-site manager and in-house rental program to maintain your weekly rental needs.