Ad #7302363
MLS #O6384340
Discover an exceptional income-generating property in the heart
527 BEACH RD, Sarasota, FL 34242
$3,195,000
4Beds
--Baths
1,803Sqft
0.17Acres
About this property
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 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.
Property Features
4 Beds
0 Baths
1,803 Sqft
Built in 1985
0.17 Acres
Carport
Siding: Frame
Shingle Roof
Central
$18,981 / yr property tax
Sarasota County
SARASOTA BEACH Community
Additional Photos
Contact Information
Steven Koleno
beycome
844-239-2663
Location
Listing Agent: Steven Koleno (License #: 3469487) 844-239-2663
Broker: beycome 844-239-2663 Listing Site
Copyright © 2026 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Broker: beycome 844-239-2663 Listing Site
Copyright © 2026 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
BeachHouse.com
Printed Aug 11, 2026
Photo Gallery
$3,195,000
4
Beds
--
Baths
1,803
Sqft
527 BEACH RD, Sarasota, FL 34242
By contacting this agent you agree to these Terms and Conditions.
MLS# O6384340
Discover an exceptional income-generating property in the heart
$3,195,000
527 BEACH RD, Sarasota, FL 34242
4
Beds
--
Baths
1,803
Sqft
0.17
Acres
$3,195,000
527 BEACH RD, Sarasota, FL 34242
4 Beds
-- Baths
1,803 Sqft
0.17 Acres
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 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.
172 days
on BeachHouse.com
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saves
Property Details
HOME DETAILS
4 Beds
0 Baths
1,803 Sqft
Built in 1985
0.17 Acres
EXTERIOR
Carport
Siding: Frame
Shingle Roof
INTERIOR
Central
FINANCIAL & COMMUNITY
$18,981 / yr property tax
Sarasota County
SARASOTA BEACH Community
See More Details
Location
Mortgage Calculator
Ad Statistics
Ad Number
7302363
Viewed
148 times
Listing Status
Active
Added
Feb 20, 2026
Last Refreshed
Jul 03, 2026 06:17:28 PM
Listing Information
Data Source
Stellar MLS
Source Property ID
O6384340
Listing Agent: Steven Koleno (License #: 3469487) 844-239-2663
Broker: beycome 844-239-2663 Listing Site
Copyright © 2026 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Broker: beycome 844-239-2663 Listing Site
Copyright © 2026 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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