316 Beach Road, Sarasota, FL 34242
Local realty services provided by:ERA Grizzard Real Estate
316 Beach Road,Sarasota, FL 34242
$5,249,000
- 8 Beds
- 10 Baths
- 4,681 sq. ft.
- Multi-family
- Active
Listed by: curt ware
Office: kw coastal living iii
MLS#:A4697531
Source:MFRMLS
Price summary
- Price:$5,249,000
- Price per sq. ft.:$806.92
About this home
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....
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Home facts
- Year built:1996
- Listing ID #:A4697531
- Added:1 day(s) ago
- Updated:June 18, 2026 at 09:58 PM
Rooms and interior
- Bedrooms:8
- Total bathrooms:10
- Flooring:Luxury Vinyl, Tile
- Kitchen Description:Bar Fridge, Convection Oven, Dishwasher, Disposal, Freezer, Ice Maker, Microwave, Wet Bar, Wine Refrigerator
- Basement Description:Pillar/Post/Pier
- Living area:4,681 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Central
- Central air:Yes
Structure and exterior
- Roof:Metal
- Year built:1996
- Building area:4,681 sq. ft.
- Lot area:0.13 Acres
- Construction Materials:Block, Concrete
- Exterior Features:Balcony, Lighting, Outdoor Grill, Outdoor Kitchen, Private Mailbox
- Foundation Description:Pillar/post/pier, Slab
- Levels:Three Or More Story
Utilities
- Water:Public, Water Connected
- Sewer:Public Sewer, Sewer Connected
Finances and disclosures
- Price:$5,249,000
- Price per sq. ft.:$806.92
- Tax amount:$37,822 (2025)
Features and amenities
- Appliances:Bar Fridge, Convection Oven, Dishwasher, Disposal, Dryer, Freezer, Ice Maker, Microwave, Washer, Wine Refrigerator
- Laundry features:Dryer, Inside, Washer
- Amenities:Built-In Features, Cable Available, Ceiling Fans(s), Open Floorplan, Thermostat, Vaulted Ceiling(s), Wet Bar
- Pool features:Automatic Cleaner, Heated, In Ground, Pool Alarm, Private Pool
Parking
- Parking description:Attached Garage
- Garage:Yes
- Garage spaces:2
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