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Luxembourg, October 8, 2019 - Altisource Portfolio Solutions S.A. ("Altisource" or the "Company") (NASDAQ: ASPS), a leading provider and marketplace for the real estate and mortgage industries, today announced that it decided to wind down and close’s operations. The Company believes that closing supports its simplification strategy, eliminates the cash burn associated with this earlier stage business, and increases focus on the core real estate and mortgage businesses.

" has been making encouraging progress in demonstrating that a better consumer real estate model based on technology and service may be viable," said William B. Shepro, Altisource’s Chairman and Chief Executive Officer. Shepro further commented, "However, as we continue to work to simplify Altisource and focus on our larger opportunities, we concluded that closing is in Altisource’s best interests given the time horizon and level of additional investments needed in order for to operate independently. I am proud of the very talented and dedicated team and want to thank them for their contributions."
198 days on
1001 Point of Rocks Rd # 210
1 Bed
1 Bath
858 ft2
$495,000 Estimate:
Estimated Payment:$1,859/mo

Gulf View, Private Beach and fantastic rental income make this spacious 1 Bedroom / 1 Bath condo very appealing to investors as well as individuals wanting to enjoy the Siesta Key lifestyle

Unit is well maintained, includes private balcony and is offered Turn Key furnished. Excellent on site rental program, this unit has averaged $45,000+ over the last 3 years, has established rental history and advanced bookings into 2020. Reserved parking and laundry facilities on each floor. Siesta Sands Beach Resort offers 2 heated pools, upgraded WIFI, pool side gazebo, gas BBQ grills, exercise room and bamboo lounge area. Siesta Sands is the closest condominium to the Point of Rocks area known for it's sea life, fishing and snorkeling.

Property type
Single Story
Year built
Space(s) - Assigned
Lot Size
2 sqft
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My NotesiThis is a place for you to write your thoughts and notes about this home. Only you will be able to see the notes.

My Home Features


Bedrooms: 1
Virtual Tour: virtual tour


# of Full Bathrooms: 1
# of Half Bathrooms: 0


Features: Furnished, Ceiling - Fan(s), Elevator, Open Floor Plan, Pest Guard System, Thermostat, Security System


Features: Balcony, Outdoor Grill, Shower | Pool: false, Auto Cleaner, Child Gate Fence, Gunite, Heated, In Ground, Lighting, Outside Bath Access


Property Types: Condominium, Residential | Year Built: 1988 | Structure: Single Story | Construction: Block | Condition: Completed | Roof: Built-Up | Siding: Stucco | Foundation: Stilt/On Piling | Floors: Carpet, Tile | Windows: Window Treatments

Garage & Parking

Parking: Space(s) - Assigned | Garage: false | Attached Garage: false


Lot size: 2.00 acres | Lot size: 2 sqft | Lot range: Two + to Five Acres | Lot Features: CoastalConstruction Control Line, Flood Insurance Required, FloodZone, In County | Zoning: RMF3


County: Sarasota | Subdivision: SIESTA SANDS RESORT N-TS | Directions: Travel West on Stickney Point Road, Continue over South Siesta Bridge. At intersection Take Left (South) on Midnight Pass Road. Travel South for 1 mile and Turn Right (West) onto Point of Rocks Road. Veer slight Right into Siesta Sands Beach Resort. | MLS #: A4434811


Condo Features: Pets - No | Condo Maintenance: Cable, Maintenance, Recreational Facilities, Common Area Taxes, Community Pool, Escrow Reserves Fund, Fidelity Bond, Insurance, Internet Service, Pest Control, Pool Maintenance, Sewage, Trash, Water


Appliances: Dishwasher, Disposal, Water Heater - Electric, Microwave, Range, Range Hood, Refrigerator

Heating & Cooling

Air Conditioning: Central Air | Heating: Central Heating, Electric | Fireplaces: false

Utilities & Security

Utilities: BB/HS Internet Available, Cable - Interior Connections, Electricity, Fire Hydrant, Telephone, Public, Sprinkler Recycled | Sewer Service: Connected | Water Source: Available | Safety and Security: Closed Circuit Camera(s), Fire Alarm, Fire Sprinkler System, Gated Community, Security Fencing/Lighting/Alarms, Secured Garage / Parking, Gated Entry, Security Lights, Smoke Detector


Accessibility: Wheelchair Access


Elementary School: Phillippi Shores Elementary | Middle School: Brookside Middle | High School: Sarasota High Estimated Value

We calculate the Estimate by analyzing sales for nearby similar properties. We use the best data sources, including MLS and county records to generate insights into the property value. You can even create your own estimate by selecting comparable sold listings.

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Price History

Source: County(Public) Records

School Information

Property History & Valuation

Local Insights

Listing provided by: Sharon Cunningham 

Listing courtesy of: CUNNINGHAM PROP MGMT CORP |  (941) 349-7333 

Tools for buyers

Data provided by: My Florida Regional MLS DBA Stellar MLS
Last detected update: August 07, 2019 10:22AM EST ~ Verified on November 15, 2019 05:42AM EST

Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
All information provided is deemed reliable but is not guaranteed and should be independently verified.

Note: Estimated payment calculations assume 20% down payment with loan terms of 3.86% fixed APR for 30 years.

Property is available to all persons, regardless of race, color, religion, sex, handicap, familial status, or national origin.
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