To schedule a showing of 527 Beach Road, Sarasota, Florida, Call David Shippey at 863-521-4517 TODAY!
$3,195,000 | 4 beds | N/A full baths | N/A half baths | 1,803 sqft
Sarasota, FL 34242
- 4Beds
- 3.00Total Baths
- 0 Full, 0 HalfBaths
- 1,803SqFt
- 1985Year Built
- 0.17Acres
- MLS# O6384340
- Income
- Duplex
- Active
- Approx Time on Market3 months, 15 days
- Area34242 - Sarasota/crescent Beach/siesta Key
- CountySarasota
- Subdivision Sarasota Beach
Overview
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.
Agriculture / Farm
Association Fees / Info
Bathroom Info
Total Baths: 3.00
Building Info
Roof: Shingle
Buyer Compensation
Exterior Features
Exterior Features: OutdoorGrill, OutdoorShower
Fees / Restrictions
Financial
Original Price: $3,395,000
Garage / Parking
Carport: Yes
Green / Env Info
Interior Features
Laundry Features: InKitchen, LaundryRoom
Interior Features: CathedralCeilings, OpenFloorplan
Lot Info
Direction Remarks: Continue on FL-72 E. Drive to Beach Rd in Siesta KeyTurn left onto FL-72 EUse any lane to turn right onto Midnight Pass RdContinue onto Beach Rd
Lot Size Units: Acres
Lot Size Acres: 0.17
Lot Sqft: 7,379
Misc
Other
Special Conditions: None
Other Rooms Info
Property Info
Section: 12
Class Type: Duplex
Property Sub Type: Duplex
Construction Materials: WoodFrame
Foundation: PillarPostPier
Human Modified: Yes
Sqft Info
Sqft: 1,803
Living Area Units: SquareFeet
Living Area Source: Owner
Tax Info
Tax Year: 2,025
Tax Lot: 25
Tax Legal Description: LOT 25, BLK 21, SARASOTA BEACH
Tax Block: 21
Tax Annual Amount: 18981
Tax Book Number: 1-76
Unit Info
Total Units: 2
Utilities / Hvac
Heating: Central
Water Source: Public
Sewer: PublicSewer
Cool System: CentralAir
Cooling: Yes
Heating: Yes
Utilities: CableConnected, ElectricityConnected, SewerConnected, WaterConnected
Waterfront / Water
Directions
Continue on FL-72 E. Drive to Beach Rd in Siesta KeyTurn left onto FL-72 EUse any lane to turn right onto Midnight Pass RdContinue onto Beach RdThis listing courtesy of Beycome Of Florida Llc
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MLS IDX data last updated on 06-04-2026 11:52 AM EST.
If you have any questions on 527 Beach Road, Sarasota, Florida, please call David Shippey at 863-521-4517.
MLS# O6384340 located at 527 Beach Road, Sarasota, Florida is brought to you by David Shippey REALTOR®
527 Beach Road, Sarasota, Florida has 4 Beds, 0 Full Bath, and 0 Half Bath.
The MLS Number for 527 Beach Road, Sarasota, Florida is O6384340.
The price for 527 Beach Road, Sarasota, Florida is $3,195,000.
The status of 527 Beach Road, Sarasota, Florida is Active.
The subdivision of 527 Beach Road, Sarasota, Florida is Sarasota Beach.
The home located at 527 Beach Road, Sarasota, Florida was built in 2026.