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Listed price in listed location currency (USD).
$2,975,000

430

MLS® O6384340

  • Key Facts
  • Description
  • Map

Key Facts

Type Duplex
Levels Residential Income
Size 1803 sqft
Garage 
Taxes $18,981
Days Active 71
Lot Size 
Approx. Age 1985
Avg. Price Per Sqft $1,650
MLS® Number O6384340

Property Address: 527 Beach Rd, Sarasota, FL, 34242-1946

Average square foot calculated using Size range provided by listing agent.

Description

Discover an exceptional income-generating property in the heart of coveted Siesta Key right on Beach Road! This fully renovated raised multi-unit compound features a spacious 2-bedroom, 2-bathroom unit and a 2-bedroom, 1-bathrooom unit (side by side). An impressive gross income in 2023 and n 2024 (despite hurricane-related downtime), this turnkey investment provides immediate cash flow. Note: This property is zoned an RMF (Residential Multifamily) and is legally able to accept nightly rentals. The property boasts recent upgrades including new AC (2022), updated flooring (2025), modernized plumbing (2022), electrical (2022), and hot tubs (2022). This amazing opportunity is the best cap rate on any house on Siesta Key. Whether you're seeking a high-performing Airbnb rental portfolio or a strategic redevelopment opportunity in one of Florida's most desirable beach destinations, this property delivers both immediate income and long-term appreciation potential. Absentee owner managed; turnkey operation available at on a management fee with all staff staying in place. This house already has engineering drawings to enclose the bottom area adding 2, 000 additonal square foot, that would increase rent by or more. This property could be purchased as a portfolio with 5228 Calle Menorca and 6550 Sabal Road.
MLS® NumberO6384340
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1985
Basement
Driveway
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Feb 20, 2026List Date
$2,975,000List Price

Home Estimate Zoopraisal®

This property is estimated to sell between: $1,776,000 and $3,575,000.
Similar properties in this area sold on average for: $1,776,368
Expected to sell in 40 days. Similar properties sold in 111 days. This home has been on Zoocasa for 71 days.

The estimated sale price does not take into account many variables such as recent renovations, type of appliances, school district etc. To get a more accurate estimate please contact agent.

  • Commute

Commute

Starting Address
Destination Address
527 Beach Rd, Sarasota, FL

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