FL
Sarasota
SARASOTA
34242
527 BEACH ROAD
527 BEACH ROAD, SARASOTA, FL 34242
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Listing Type
Condo/Townhome
Listing Status
Active
61
$2,799,000

Home Details for 527 BEACH ROAD

Price
$2,799,000
Type
Residential
Bedrooms
4
Total Bathrooms
3
Full Bathrooms
3
Square feet
1803
Year built
1985
Lot size acres
0.17
County
Sarasota
Total rooms
3
MLS Listing#
TB8542235
Property Description

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.

Property Features
  • Utilities
    • Cable Available
    • Electricity Connected
    • Sewer Connected
  • Heating Information
    • Central
    • Electric
  • House Interior
    • Cathedral Ceiling(s)
    • Open Floorplan
  • Cooling Information
    • Central Air
  • Water Features
    • Public
Listing Courtesy: PEOPLE'S TRUST REALTY - 727-946-0904
Listings courtesy of Stellar MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Listing information is provided for consumers? personal, non-commercial use, solely to identify prospective properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Information deemed reliable but not guaranteed. Copyright ©2026 MLS GRID. All Rights Reserved.
Last Updated: 2026-08-27 12:30:30
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EXIT KING REALTY
3900 Clark Rd. Unit H3-H4, Sarasota, FL 34233
Office
941 497 6060
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