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643 CALLE DEL OTONO

House Active With Contract
$895,500

BTC: 10.77098869

ETH: 337.92452830

2 days
2 bds
1 ba
725 sqft

Overview

Under contract-accepting backup offers. Best Value Near Siesta Key Beach — Just 100 Yards Away | VERY MOTIVATED SELLERS | Now $895,500 This is your opportunity to secure a prime coastal property at a newly reduced price—just steps (100 yards) from the world-renowned white sands of Siesta Key Beach. Whether you’re looking for a personal beach retreat, a high-performing investment, or both, this property delivers exceptional value in one of Florida’s most sought-after locations. With projected short-term rental income between $62,900 and $81,770 annually, this fully renovated 2-bedroom residence offers immediate income potential while still allowing you to enjoy it as your own private getaway. Inside, the home features a bright, open-concept design with upscale coastal finishes throughout. The updated kitchen is equipped with quartz countertops, a large island, and premium stainless-steel appliances—ideal for entertaining or hosting guests. The primary suite provides a relaxing, spa-like experience, while the second bedroom offers a private exterior entrance, creating flexibility for rentals or visiting guests. Step outside to a private tropical setting complete with lush landscaping, a patio for outdoor living, and an outdoor shower—perfect after a day at the beach. With no HOA restrictions, recent renovations, and highly motivated sellers, this is one of the most compelling values currently available this close to Siesta Key Beach. Opportunities like this—price, location, and income potential—are rare. Schedule your private showing today.

Location

Details

Type:
Residential
Parking:
Driveway / On Street
Year Built:
1961
Lot:
0.08 Acres
Heating:
Central
Price/sqft:
$1,235
Cooling:
Central Air
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$112,700
$66K – $158K
Confidence Low
List vs. estimate
$782K above estimate
List $895,500 · +694.6%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Price per sq ft
$1,235
+295.0% vs. city median $312
Based on
8 MLS comparables
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$6,876
2024
Furnished
Negotiable
Pets
Allowed
All facts and features
  • Flooring

    • Ceramic Tile

    • Porcelain Tile

    Heating

    • Central

    Cooling

    • Central Air

    Appliances

    • Dishwasher

    • Dryer

    • Range

    • Refrigerator

    • Washer

    Other interior features

    • Built-in Features

    • Ceiling Fan(s)

    • Central Vacuum

    • Open Floorplan

    • Primary Bedroom Main Floor

    • Split Bedroom

    • Stone Counters

    • Window Treatments

    Bedrooms and bathrooms

    • Bedrooms: 2

    • Bathrooms: 1

    • Full bathrooms: 1

  • Parking

    • Driveway

    • On Street

    Property

    • Levels: One

    • Exterior Features: Outdoor Shower / Sliding Doors / Storage

    Lot

    • Lot: 0.08 Acres

    Other Property Information

    • Parcel Number: 0107030002

    • Zoning: RSF2

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Single Family Residence

  • Utility

    • Cable Available

    • Electricity Connected

    • Public

  • Other financial information

    • Annual tax amount: $6,876

  • Source details

    • MLS ID: A4706305

    Other facts

    • Construction Materials: Wood Frame

    • Foundation Details: Slab

    • Laundry Features: Inside

    • Lot Features: Corner Lot / Flood Insurance Required / FloodZone

    • Patio And Porch Features: Deck / Patio / Porch

    • Direction Faces: West

    • Architectural Style: Cottage / Ranch

    • Living Area: 725

    • 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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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: CORAL BAY REALTY LLC