527 BEACH ROAD

For Sale

$2,799,000

BTC: 36.20957309

ETH: 1,142.91547570

5 days

For Sale

4 bds •

3 ba •

1,803 sqft

Overview

Prime investment opportunity directly on prestigious Beach Road in Siesta Key. This fully renovated, raised multi unit property offers strong short term rental income potential in one of Florida's most desirable coastal markets. The side by side duplex features a spacious 2 bedroom, 2 bathroom unit and a 2 bedroom, 1 bathroom unit. Zoned RMF and legally permitted for nightly rentals, making it ideal for vacation rental investors. The current owner is available to continue managing the property for the next owner at only a 10 percent fee, with staff, cleaning crew, and maintenance vendors already in place. The property generated $393,000 in gross income in 2023, $323,000 in 2024 (with two months of downtime due to hurricane impact), and $291,000 in 2025 (still down from hurricane related effects), with 2026 year to date income of $192,000 through July. Recent updates include new AC systems in 2022, updated flooring in 2025, modernized plumbing in 2022, full electrical upgrades in 2022, and private hot tubs installed at each unit in 2022. Additional upside exists with completed engineering drawings to enclose the lower level, adding approximately 2,000 square feet and significant rental income potential. Just steps from the sand and close to Siesta Key Village shops and restaurants, this is a rare chance to own an income producing property in one of the top beach destinations in the country. Property is part of a very successful Airbnb portfolio consisting of three duplexes with cap rates exceeding 10 percent. Please inquire for details.

Location

Florida • SARASOTA • 34242 • For Sale

Details

Type:

Residential

Parking:

No Data

Year Built:

1985

Lot:

0.17 Acres

Heating:

Central / Electric

Price/sqft:

$1,552

Cooling:

Central Air

HOA:

No Data

Type:

Residential

Parking:

No Data

Year Built:

1985

Lot:

0.17 Acres

Heating:

Central / Electric

Price/sqft:

$1,552

Cooling:

Central Air

HOA:

No Data

Private inquiry

Talk to the advisor on this listing.

Floor plans, HOA docs, off-market comparables, scheduling a private showing — one message, direct to the local specialist.

Valuation

Our model vs. what's actually selling nearby.

Estimate

$433,000

$375K – $1.5M

Confidence Low

List vs. estimate

$2.4M above estimate

List $2,799,000 · +546.4%

Our model says this listing is priced above recent comparable activity. Room to negotiate.

Price per sq ft

$1,552

+385.3% vs. city median $319

Based on

11 MLS comparables

Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax

$18,980

2025

Furnished

Negotiable

All facts and features

Flooring

• Vinyl

Heating

• Central

• Electric

Cooling

• Central Air

Appliances

• Dishwasher

• Dryer

• Microwave

• Range

• Refrigerator

Other interior features

• Cathedral Ceiling(s)

• Living Room/Dining Room Combo

• Open Floorplan

Bedrooms and bathrooms

• Bedrooms: 4

• Full bathrooms: 3
Property

• Levels: Two

• Exterior Features: Outdoor Grill / Outdoor Shower

Lot

• Lot: 0.17 Acres

Other Property Information

• Parcel Number: 0082120010

• Zoning: RMF1
Type and style

• Property Type: Residential

• Property Sub Type: 1/2 Duplex
Utility

• Cable Available

• Electricity Connected

• Sewer Connected
Other financial information

• Annual tax amount: $18,981
Source details

• MLS ID: TB8542235

Other facts

• Construction Materials: Wood Siding

• Foundation Details: Slab

• Laundry Features: Laundry Room

• Direction Faces: Southeast

• Living Area: 1803

• Water Source: Public

• Subdivision Name: SARASOTA BEACH

Private inquiry

Talk to the advisor on this listing.

Floor plans, HOA docs, off-market comparables, scheduling a private showing — one message, direct to the local specialist.

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Market around this address

Live counts in the same area.

The multiple listing information is provided by the Stellar MLS from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Stellar MLS. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: PEOPLE'S TRUST REALTY

527 BEACH ROAD

Overview

Location

Details

Valuation

Highlights

Interior details

Property details

Construction details

Utilities / Green Energy Details

HOA and Financial Details

Other

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