Azure Siesta Key

Artist rendering of Azure Siesta Key condo building
Artist rendering of Azure Siesta Key condo building

Luxury Vacation Rental Building

Warm gulf breezes, sugar-white sand and beautiful sunsets beckon travelers and families back year after year, making this project a compelling opportunity for developers and investors.

 

1150 Windsong Lane

Azure Siesta Key, with its inspired modern lines, is designed to be a luxury 3-unit vacation rental building, located just steps away from Siesta Beach, voted the nation’s number one beach 5-times since 2011.

With the popularity of the “sharing economy”, and websites such as Airbnb, VRBO, and HomeAway, Azure Siesta Key will be uniquely positioned to take advantage of all the latest tools and technologies available in the vacation rental space, making it available to guests on a short-term basis, which is the highest and best use for the property. Units are designed with the ability to accommodate small to medium sized groups, who have the option of renting one or two units, or larger groups who can rent the entire building. Leveraging the current trend of the sharing economy and resources therein will decrease the vacancy rate, increasing the gross rental income potential.

All indications are that the vacation rental market will continue to expand over the coming years, taking share away from legacy accommodations worldwide. This trend bodes well for Siesta key in general and given the location, design and amenities, Azure in particular.

See article: https://hoteltechreport.com/news/vacation-rental-industry-stats

Azure Highlights & Amenities

  • RMF Zoning, allows both short- & long-term rentals, greatly increasing the gross rental potential
  • Located beach-side with deed beach access
  • Short walk to the beach on a quiet private lane
  • Mid-island, close to north and south villages and bridges
  • Sleek modern design
  • Private pools and cabanas
  • “Smart” elevator to all floors
  • Large west facing sunset decks
  • State of the art kitchens and baths
  • Stone, glass, and wood highlights throughout
  • Ample parking
  • Can be managed by professional vacation rental company, or internally by the buyer to increase returns