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527 Beach Road

SARASOTA, FL 34242
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Bed 4

Bed

Bath 3

Bath

SqFt1,803

Sqft

Acres0.17

Acre(Lot)

Prime investment opportunity directly on prestigious Beach Road in Siesta Key. This fully renovated, raised multi unit property offers strong short term rental income potential in one of Florida's most desirable coastal markets. The side by side duplex features a spacious 2 bedroom, 2 bathroom unit and a 2 bedroom, 1 bathroom unit. Zoned RMF and legally permitted for nightly rentals, making it ideal for vacation rental investors. The current owner is available to continue managing the property for the next owner at only a 10 percent fee, with staff, cleaning crew, and maintenance vendors already in place. The property generated $393,000 in gross income in 2023, $323,000 in 2024 (with two months of downtime due to hurricane impact), and $291,000 in 2025 (still down from hurricane related effects), with 2026 year to date income of $192,000 through July. Recent updates include new AC systems in 2022, updated flooring in 2025, modernized plumbing in 2022, full electrical upgrades in 2022, and private hot tubs installed at each unit in 2022. Additional upside exists with completed engineering drawings to enclose the lower level, adding approximately 2,000 square feet and significant rental income potential. Just steps from the sand and close to Siesta Key Village shops and restaurants, this is a rare chance to own an income producing property in one of the top beach destinations in the country. Property is part of a very successful Airbnb portfolio consisting of three duplexes with cap rates exceeding 10 percent. Please inquire for details.

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Detail Ic Property Details

Property Type : Residential

Price : $2,799,000

AD Id : 90180315

MLS Id : MFRTB8542235

Beds : 4

Lot Size : 0.17 Acre

Living Area Size : 1,803

Tax Amount : 18980.97

Year Built : 1985

County : Sarasota

Subdivision: Sarasota Beach

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Feature Features

  • Bedroom Information

    Total Bedroom: 4

    Bathroom Information

    Total Baths: 3 Full Baths: 3

    Interior Features

    Cathedral Ceiling(s), Living Room/Dining Room Combo, Open Floorplan Roof: Shingle Appliances: Dishwasher, Dryer, Microwave, Range, Refrigerator Laundry Features: Laundry Room

    Roofing Information

    Shingle
  • Flooring Information

    Flooring: Vinyl Construction Materials: Wood Siding
  • Heating & Cooling

    Heating: Central, Electric Cooling: Central Air WaterSource: Public

  • Building Information

    Year Built: 1985
  • Exterior Features

    Outdoor Grill, Outdoor Shower Construction Materials: Wood Siding Foundation Details: Slab

  • Lot Information

    Lot Square Feet: 7379 Lot Acres: 0.17 Lot Size (SqMt): 686

    Property Information

    Property Type: Residential Sub Type: Half Duplex

  • Listing Price Information

    Original List Price:$2799000

  • Tax Information

    Tax Block: 21 Tax Book Number: 1-76 Tax Lot: 25 Tax Legal Description: LOT 25, BLK 21, SARASOTA BEACH Annual Tax: $18980.97 Tax Year: 2025 Parcel Number: 0082120010

  • Utility Information

    Cable Available, Electricity Connected, Sewer Connected Sewer: Public Sewer Water Source: Public
  • Location Information

    Subdivision: SARASOTA BEACH City: SARASOTA Direction: Continue on FL-72 E. Drive to Beach Rd in Siesta Key Turn left onto FL-72 E Use any lane to turn right onto Midnight Pass Rd Continue onto Beach Rd
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
7816 Sanderling Road, Sarasota, FL, 34242 $7,499,000 4 4 4,015 34,976 Sqft
9200 Blind Pass Road, Sarasota, FL, 34242 $5,250,000 4 4 4,000 0.56 Acre
8800 Midnight Pass Road, Sarasota, FL, 34242 $3,690,000 4 5 3,676 0.28 Acre
8501 Midnight Pass Road, Sarasota, FL, 34242 $29,995,000 6 10 12,000 2.78 Acres
8555 Heron Lagoon Circle, Sarasota, FL, 34242 $2,724,500 4 4 2,568 0.84 Acre
8504 Heron Lagoon Circle, Sarasota, FL, 34242 $2,800,000 4 5 2,675 0.26 Acre
8534 Heron Lagoon Circle, Sarasota, FL, 34242 $1,299,000 2 2 1,153 0.30 Acre
8456 Midnight Pass Road, Sarasota, FL, 34242 $1,490,000 2 2 966 0.39 Acre
8008 Midnight Pass Road, Sarasota, FL, 34242 $3,400,000 5 5 4,190 0.21 Acre
8132 Sanderling Road, Sarasota, FL, 34242 $15,900,000 4 5 8,209 1.97 Acres
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ByOwner last updated this listing 09/09/2026 @ 18:20

MLS: MFRMLS #TB8542235 LISTED BY: Steve Fingerman, PEOPLE'S TRUST REALTY 727-946-0904 SOURCE: MFRMLS (My Florida Regional MLS DBA Stellar MLS) (Listings courtesy of MFRMLS (My Florida Regional MLS DBA Stellar MLS) as distributed by MLS GRID)

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