BEACH CLUB AT SIESTA KEY- 8 UNITS...DEMOGRAPHICS 3 Demographics Report Demographics Map ADVISOR BIOS...

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SVN | COMMERCIAL ADVISORY GROUP | 1626 RINGLING BOULEVARD, SUITE 500, SARASOTA, FL 34236 OFFERING MEMORANDUM BEACH CLUB AT SIESTA KEY- 8 UNITS 6732 SARASEA CIRCLE SARASOTA, FL 34242 Larry Starr Executive Director 941.387.1200 [email protected] Jim Boyd, MAI Senior Advisor 941.387.1200 [email protected]

Transcript of BEACH CLUB AT SIESTA KEY- 8 UNITS...DEMOGRAPHICS 3 Demographics Report Demographics Map ADVISOR BIOS...

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SVN | COMMERCIAL ADVISORY GROUP | 1626 RINGLING BOULEVARD, SUITE 500, SARASOTA, FL 34236 OFFERING MEMORANDUM

BEACH CLUB ATSIESTA KEY- 8UNITS6732 SARASEA CIRCLESARASOTA, FL 34242

Larry StarrExecutive [email protected]

Jim Boyd, MAISenior [email protected]

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1PROPERTY INFORMATIONProperty Summary

Additional Photos

Additional Photos

2LOCATION INFORMATIONRegional Map

Location Maps

Aerial Map

3DEMOGRAPHICSDemographics Report

Demographics Map

4ADVISOR BIOSAdvisor Bio & Contact 1

Advisor Bio & Contact 2

Back Page

OFFERING MEMORANDUMBEACH CLUB AT SIESTA KEY- 8 UNITS | 6732 SARASEA CIRCLE, SARASOTA, FL 34242

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1 PROPERTYINFORMATION

6732 SARASEA CIRCLESarasota, FL 34242

BEACH CLUB AT SIESTA KEY- 8 UNITS | 6732 SARASEA CIRCLE, SARASOTA, FL 34242 SVN | Commercial Advisory Group | Page 3

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OFFERING SUMMARY

Sale Price: $3,520,000

Lot Size: 0 Acres

Year Built: 2009

Building Size: 6,065 SF

Market:

Price / SF: $580.38

PROPERTY OVERVIEWExcellent Investment or 1031 opportunity. Single or multiple units available as apackage, check our other listings for more info. This portfolio includes units:*910 Seaside Dr. #104A (800 Sq. Ft.) *6732 Sarasea Cir. #100C (759 Sq. Ft.)*6732 Sarasea Cir. #102C (744 Sq. Ft.) *6732 Sarasea Cir. #104C (744 Sq. Ft.)*6732 Sarasea Cir. #200C (759 Sq. Ft.) *6732 Sarasea Cir. #206C (759 Sq. Ft.)*1054 Sun N Sea Dr. #104D (800 Sq. Ft.) *1084 Sun N Sea Dr. #103E (700 Sq.Ft.) This is the perfect beach getaway and a no hassle financial investment.This property looks and feels brand new. The deeded Beach Access and afunctional floor plan make this residence ideally suited for a vacation inparadise for you or your guests. Trip Advisor rates this property at 4.5 with 202reviews. This with professional on-site property management for your peace ofmind. The owner is limited to 180 days per year personal use. Located 2 blocksfrom the beach, this homey resort with condos is 7 miles from Marie SelbyBotanical Gardens and 11 miles from Mote Marine Laboratory. Elegant studiosfeature wall beds and sea-inspired decor, plus flat-screen TVs, full kitchenswith stainless steel appliances, free Wi-Fi and iPod docks. Amenities include aheated outdoor pool, a hot tub, and laundry facilities, plus complimentarybeach chairs and umbrellas. Beach Club at Siesta Key Main Clubhouse addressis 6732 Sarasea Cir, Sarasota, FL 34242 http://www.beachclubatsiestakey.com

Property Summary

BEACH CLUB AT SIESTA KEY- 8 UNITS | 6732 SARASEA CIRCLE, SARASOTA, FL 34242 SVN | Commercial Advisory Group | Page 4The information presented here is deemed to be accurate, but it has not been independently verified. We make no guarantee, warranty or representation. It is your responsibility to independently confirm accuracy and

completeness. All SVN® offices are independently owned and operated.

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Additional Photos

BEACH CLUB AT SIESTA KEY- 8 UNITS | 6732 SARASEA CIRCLE, SARASOTA, FL 34242 SVN | Commercial Advisory Group | Page 5The information presented here is deemed to be accurate, but it has not been independently verified. We make no guarantee, warranty or representation. It is your responsibility to independently confirm accuracy and

completeness. All SVN® offices are independently owned and operated.

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Additional Photos

BEACH CLUB AT SIESTA KEY- 8 UNITS | 6732 SARASEA CIRCLE, SARASOTA, FL 34242 SVN | Commercial Advisory Group | Page 6The information presented here is deemed to be accurate, but it has not been independently verified. We make no guarantee, warranty or representation. It is your responsibility to independently confirm accuracy and

completeness. All SVN® offices are independently owned and operated.

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2 LOCATIONINFORMATION

6732 SARASEA CIRCLESarasota, FL 34242

BEACH CLUB AT SIESTA KEY- 8 UNITS | 6732 SARASEA CIRCLE, SARASOTA, FL 34242 SVN | Commercial Advisory Group | Page 7

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Beach Club at Siesta Key- 8Units

Regional Map

BEACH CLUB AT SIESTA KEY- 8 UNITS | 6732 SARASEA CIRCLE, SARASOTA, FL 34242 SVN | Commercial Advisory Group | Page 8The information presented here is deemed to be accurate, but it has not been independently verified. We make no guarantee, warranty or representation. It is your responsibility to independently confirm accuracy and

completeness. All SVN® offices are independently owned and operated.

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Location Maps

BEACH CLUB AT SIESTA KEY- 8 UNITS | 6732 SARASEA CIRCLE, SARASOTA, FL 34242 SVN | Commercial Advisory Group | Page 9The information presented here is deemed to be accurate, but it has not been independently verified. We make no guarantee, warranty or representation. It is your responsibility to independently confirm accuracy and

completeness. All SVN® offices are independently owned and operated.

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Beach Club at Siesta Key- 8Units

Aerial Map

BEACH CLUB AT SIESTA KEY- 8 UNITS | 6732 SARASEA CIRCLE, SARASOTA, FL 34242 SVN | Commercial Advisory Group | Page 10The information presented here is deemed to be accurate, but it has not been independently verified. We make no guarantee, warranty or representation. It is your responsibility to independently confirm accuracy and

completeness. All SVN® offices are independently owned and operated.

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3DEMOGRAPHICS

6732 SARASEA CIRCLESarasota, FL 34242

BEACH CLUB AT SIESTA KEY- 8 UNITS | 6732 SARASEA CIRCLE, SARASOTA, FL 34242 SVN | Commercial Advisory Group | Page 11

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1 MILE 5 MILES 10 MILES

Total population 2,212 83,422 243,727

Median age 62.0 53.3 49.5

Median age (male) 64.1 52.2 48.3

Median age (female) 61.3 53.9 50.6

1 MILE 5 MILES 10 MILES

Total households 1,141 39,921 108,892

Total persons per HH 1.9 2.1 2.2

Average HH income $101,828 $80,636 $75,998

Average house value $592,781 $355,820 $332,619

* Demographic data derived from 2010 US Census

Demographics Report

BEACH CLUB AT SIESTA KEY- 8 UNITS | 6732 SARASEA CIRCLE, SARASOTA, FL 34242 SVN | Commercial Advisory Group | Page 12The information presented here is deemed to be accurate, but it has not been independently verified. We make no guarantee, warranty or representation. It is your responsibility to independently confirm accuracy and

completeness. All SVN® offices are independently owned and operated.

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POPULATION 1 MILE 5 MILES 10 MILES

Total population 2,212 83,422 243,727

Median age 62.0 53.3 49.5

Median age (Male) 64.1 52.2 48.3

Median age (Female) 61.3 53.9 50.6

HOUSEHOLDS & INCOME 1 MILE 5 MILES 10 MILES

Total households 1,141 39,921 108,892

# of persons per HH 1.9 2.1 2.2

Average HH income $101,828 $80,636 $75,998

Average house value $592,781 $355,820 $332,619

* Demographic data derived from 2010 US Census

Demographics Map

BEACH CLUB AT SIESTA KEY- 8 UNITS | 6732 SARASEA CIRCLE, SARASOTA, FL 34242 SVN | Commercial Advisory Group | Page 13The information presented here is deemed to be accurate, but it has not been independently verified. We make no guarantee, warranty or representation. It is your responsibility to independently confirm accuracy and

completeness. All SVN® offices are independently owned and operated.

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4 ADVISOR BIOS6732 SARASEA CIRCLE

Sarasota, FL 34242

BEACH CLUB AT SIESTA KEY- 8 UNITS | 6732 SARASEA CIRCLE, SARASOTA, FL 34242 SVN | Commercial Advisory Group | Page 14

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1626 Ringling Boulevard, Suite 500Sarasota, FL 34236T [email protected] #303911

PROFESSIONAL BACKGROUND

Larry Starr serves as Executive Director for SVN Commercial Advisory Group,specializing in the forward movement of commercial real estate deals forclients who include buyers and sellers of all commercial property types. Starralso specializes in land and development projects along with hospitalitybased assets in the West Coast Florida markets of Sarasota, Manatee andCharlotte Counties.

With 25 plus years of residential and commercial real estate experience,Starr has achieved a career sales volume in excess of $75 million. Starr alsocurrently serves as President of Resort Vacation Accommodations, thelargest vacation rental service in the region.

Prior to joining SVN, Starr served as President of ResortQuest SouthwestFlorida, on Longboat Key, where he expanded this real estate, propertymanagement, and vacation rental business to more than 1200 propertiesand over 100,000 guests.

Previously, Starr served as President of Florida Vacation Accommodationswhere he was responsible for design, site plan approval, construction andsales, and where he successfully developed a number of resort communitieson Bradenton Beach, Longboat Key, Siesta Key, Anna Maria Island andSarasota.

Starr is a prior member of the Board of Directors and Grant Panel Chairmanof the Sarasota County Arts Council. Starr has also held volunteer positionsat the Sarasota Convention and Visitor’s Bureau. As past President andboard member, he served as Chairman of the bureau’s AdvertisingCommittee as well.When not involved in developing business opportunities or participating incommunity obligations, Starr and his daughter spend their free time enjoyingisland life just as much as his vacationing resort guests do.

LARRY STARR

Executive Director

Advisor Bio & Contact 1

BEACH CLUB AT SIESTA KEY- 8 UNITS | 6732 SARASEA CIRCLE, SARASOTA, FL 34242 SVN | Commercial Advisory Group | Page 15The information presented here is deemed to be accurate, but it has not been independently verified. We make no guarantee, warranty or representation. It is your responsibility to independently confirm accuracy and

completeness. All SVN® offices are independently owned and operated.

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1626 Ringling Boulevard, Suite 500Sarasota, FL 34236T 941.387.1200C [email protected] #BK563808FL #RZ1251FL #GA1000100

PROFESSIONAL BACKGROUND

My background spans several decades of experience in appraisal, brokerageand development. Shopping centers are a passion as I was VP of a shoppingcenter development company in Seattle developing grocery anchoredshopping centers. I also have a solid background in retail properties, officecomplexes, industrial properties, mobile home parks, self storage, residentialsubdivisions, apartments and vacant land of all types. Having received theMAI designation in 1980, my licenses include the State Certified GeneralAppraiser,Associate Real Estate Broker, and a State Certified GeneralAppraiser Instructor. I love to talk real estate.

EDUCATION

Oregon State University, BS Soil Science-1970Oregon State University, BS Agricultural Economics

MEMBERSHIPS & AFFILIATIONS

MAI, Appraisal InstituteSarasota Real Estate Investors AssociationRed Cross Board MemberCommercial Investment Division of the MLS

JIM BOYD, MAI

Senior Advisor

Advisor Bio & Contact 2

BEACH CLUB AT SIESTA KEY- 8 UNITS | 6732 SARASEA CIRCLE, SARASOTA, FL 34242 SVN | Commercial Advisory Group | Page 16The information presented here is deemed to be accurate, but it has not been independently verified. We make no guarantee, warranty or representation. It is your responsibility to independently confirm accuracy and

completeness. All SVN® offices are independently owned and operated.

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1626 Ringling Boulevard, Suite 500Sarasota, FL 34236

941.387.1200suncoastsvn.com

All SVN® Offices Independently Owned & Operated | 2019 All Right Reserved