527 Beach Road, Sarasota, FL 34242

Sarasota
Local realty services provided by:ERA Advantage Realty, Inc.
527 Beach Road,Sarasota, FL 34242
$2,975,000
Virtual Tour
  • 4 Beds
  • 3 Baths
  • 1,803 sq. ft.
  • Multi-family
  • Active
Listed by: steven koleno
Office: beycome of florida llc.
MLS#:O6384340
Source:MFRMLS

Price summary

  • Price:$2,975,000
  • Price per sq. ft.:$1,650.03

About this home

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;...

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Home facts

  • Year built:1985
  • Listing ID #:O6384340
  • Added:47 day(s) ago
  • Updated:April 09, 2026 at 11:55 AM

Rooms and interior

  • Bedrooms:4
  • Total bathrooms:3
  • Basement Description:Pillar/Post/Pier
  • Living area:1,803 sq. ft.

Heating and cooling

  • Cooling:Central Air
  • Heating:Central
  • Central air:Yes

Structure and exterior

  • Roof:Shingle
  • Year built:1985
  • Building area:1,803 sq. ft.
  • Lot area:0.17 Acres
  • Construction Materials:Frame
  • Exterior Features:Outdoor Grill, Outdoor Shower
  • Foundation Description:Pillar/post/pier
  • Levels:1 Story

Utilities

  • Water:Public, Water Connected
  • Sewer:Public Sewer, Sewer Connected

Finances and disclosures

  • Price:$2,975,000
  • Price per sq. ft.:$1,650.03
  • Tax amount:$18,981 (2025)

Features and amenities

  • Laundry features:In Kitchen, Laundry Room
  • Amenities:Cable Connected, Cathedral Ceiling(s), Open Floorplan
  • Pool features:Public Pool

Parking

  • Carport spaces:8
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