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527 BEACH ROAD

En Venta
$2,799,000

BTC: 36.20957309

ETH: 1,142.91547570

5 días
4 camas
3 baños
1,803 sqft

Visión general

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.

Ubicación

Florida SARASOTA 34242 En Venta

Detalles

Tipo:
Residential
Estacionamiento:
Sin datos
Año de construcción:
1985
Lote:
0.17 Hectáreas
Calefacción:
Central / Electric
precio por sq. medidor:
$1,552
Enfriamiento:
Central Air
HOA:
Sin datos

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.

Destacados

Annual tax
$18,980
2025
Furnished
Negotiable
Más hechos y características
  • Piso

    • Vinyl

    Calefacción

    • Central

    • Electric

    Enfriamiento

    • Central Air

    Accesorios

    • Dishwasher

    • Dryer

    • Microwave

    • Range

    • Refrigerator

    Otras características interiores

    • Cathedral Ceiling(s)

    • Living Room/Dining Room Combo

    • Open Floorplan

    Dormitorios y baños

    • Dormitorios: 4

    • Baños completos: 3

  • Propiedad

    • Pisos: Two

    • Características Exteriores: Outdoor Grill / Outdoor Shower

    Lote

    • Lote: 0.17 Hectáreas

    Otra Información de Propiedad

    • Número de Parcela: 0082120010

    • Zonificación: RMF1

  • Tipo y estilo

    • Tipo de propiedad: Residential

    • Subtipo de propiedad: 1/2 Duplex

  • Utilidad

    • Cable Available

    • Electricity Connected

    • Sewer Connected

  • Otra información financiera

    • Importe anual de impuestos: $18,981

  • Detalles de la fuente

    • MLS ID: TB8542235

    Otros hechos

    • Materiales de construcción: Wood Siding

    • Detalles de la fundación: Slab

    • Características de lavandería: Laundry Room

    • Caras de dirección: Southeast

    • Salón: 1803

    • Fuente de agua: Public

    • Nombre de subdivisión: SARASOTA BEACH

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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: PEOPLE'S TRUST REALTY