$3,195,000

527 BEACH ROAD, Sarasota, FL 34242

  • 4 beds |
  • 3 baths |
  • 1,803 sqft
  • Property Icon Duplex
  • Property Year Built Icon Built in 1985
  • Property Lot Size Icon7,405sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $1,772/sqft
  • Property List Date Icon Listed 5 months ago

Property 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.

Listing Status:
Active
Date Added:
February 20, 2026
Data Last Updated:
July 28, 2026 at 7:22AM
Listing Office:
BEYCOME OF FLORIDA LLC : 804-656-5007
Listing Agent:
Steven Koleno : 804-656-5007
MLS ID:
O6384340
  • General: Cathedral Ceiling(s)Open Floorplan
  • Laundry: In KitchenLaundry Room
  • A/C: Central Air
  • Heating: Central
  • General: Outdoor GrillOutdoor Shower
  • Roofing: Shingle
  • General: FramePillar/Post/Pier
  • Road/Access: Gravel
  • Originating MLS: Stellar MLS
  • County: Sarasota
  • Zoning: RMF1LOT 25BLK 21SARASOTA BEACH0082120010
  • Utilities: Cable ConnectedElectricity ConnectedSewer ConnectedWater Connected
  • Water: Public
  • Sewer: Public Sewer
  • Source: Stellar MLS
  • Ownership: Fee Simple

This listing courtesy of Steven Koleno , BEYCOME OF FLORIDA LLC

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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