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316 BEACH ROAD

Multi-family For Sale
$5,249,000

BTC: 81.77335865

ETH: 2,977.41273101

4 days
8 bds
4,681 sqft

Overview

Completely renovated in 2021, this property offers the appeal and functionality of newer construction while delivering a proven track record as a high-performing short-term rental. Generating approximately $400,000 to $500,000 in annual rental revenue, the home has been thoughtfully designed to accommodate large groups with eight bedroom suites, expansive gathering spaces, and a seamless blend of indoor and outdoor living. Guests are drawn to the experience this property provides—from mornings spent taking in Gulf views from the balconies to afternoons by the private pool and spa, and evenings gathering around the outdoor kitchen or enjoying time with family and friends throughout the home's multiple entertainment areas. Its spacious layout, private elevator, and proximity to both beach access and Siesta Key Village continue to make it a sought-after destination for vacationers. Combining strong rental performance with luxury coastal living, this property presents a rare opportunity to own an established income-producing asset in one of Siesta Key's most desirable locations.

Location

Florida • SARASOTA • 34242 • Multi-family • For Sale

Details

Type:
Residential Income
Parking:
No Data
Year Built:
1996
Lot:
0.13 Acres
Heating:
Central
Price/sqft:
$1,121
Cooling:
Central Air
HOA:
No Data

Highlights

Annual tax
$37,822
2025
Pool
Auto Cleaner
Garage
2 car garage
Furnished
Furnished
All facts and features

  • Flooring

    • Luxury Vinyl

    • Tile

    Heating

    • Central

    Cooling

    • Central Air

    Appliances

    • Bar Fridge

    • Convection Oven

    • Dishwasher

    • Disposal

    • Dryer

    • Freezer

    • Ice Maker

    • Microwave

    • Washer

    • Wine Refrigerator

    Other interior features

    • Built-in Features

    • Ceiling Fan(s)

    • Open Floorplan

    • Thermostat

    • Vaulted Ceiling(s)

    • Wet Bar

    Bedrooms and bathrooms

    • Bedrooms: 8

  • Property

    • Levels: Three Or More

    • Pool Private: Yes

    • Exterior Features: Balcony / Hurricane Shutters / Lighting / Outdoor Grill / Outdoor Kitchen / Private Mailbox / Sliding Doors / Storage

    Lot

    • Lot: 0.13 Acres

    Other Property Information

    • Parcel Number: 0082120041

    • Zoning: RMF1

  • Type and style

    • Property Type: Residential Income

    • Property Sub Type: Duplex

  • Utility

    • Cable Available

    • Electricity Connected

    • Sewer Connected

    • Water Connected

  • Other financial information

    • Annual tax amount: $37,822

  • Source details

    • MLS ID: A4697531

    Other facts

    • Construction Materials: Block / Concrete

    • Foundation Details: Pillar/Post/Pier / Slab

    • Laundry Features: Inside

    • Pool Features: Auto Cleaner / Heated / In Ground / Lighting / Pool Alarm

    • Garage Spaces: 2

    • Attached Garage: Yes

    • Garage: Yes

    • Living Area: 4681

    • 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.
View all
This zip
34242
396
median $1.2M
Active
Same city
SARASOTA
2,981
median $599K
Active
Same type
Multi-family
40
median $774K
Active
Similar price
$3.7M – $6.8M
176
median $4.8M
Active

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: KW COASTAL LIVING III