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Palm Bay Club, Siesta Key

December 5, 2008

Palm Bay Club

One of the more popular choices for investment condominiums on Siesta Key is the Palm Bay Club.  It it a very well run condominium with an excellent on-site rental program that operates like a hotel.  Owners and tenants enjoy full service management which makes both ownership and vacationing very comfortable.  Palm Bay Club was built in 1970 and consists of 220 units in 7 building located on the east and west sides of Midnight Pass Road.  Amenities include direct beach access to Crescent Beach, beach views from units in the tower building, boat docks, two heated, pools, tennis courts, and more.

Currently there are 13 units for sale at an average price of $613,761.  During this year 7 units were sold at an average of $464,500.  I had the pleasure of selling 2 of those 7 units.  Palm Bay Club is very appealing due to it’s location, amenities and high grossing rental income.

Click here for complete details about available units.

Click here to view additional photos and information.

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