527-529 Beach Road Sarasota Fl 34242, Siesta Key, FL 34242

527-529 Beach Road Sarasota Fl 34242, Siesta Key, FL 34242

4 beds 0 baths 1,803 Sqft

Overview Neighborhood Amenities Price details

$3,395,000 $1,883/sf

New

$3,395,000

$1,882.97/sf

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Description:

Active - Multi Family for sale

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 $393,000 gross income in 2023 and $323,000 in 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 10% 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 30% or more. This property could be purchased as a portfolio with 5228 Calle Menorca and 6550 Sabal Road.

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Beycome ID: 17073726

Listing Agent:

- Listed by: Steven Koleno • (804) 656-5007 • contact@beycome.com

- Brokered by: Beycome of Florida LLC • (804) 656-5007

- Source: Beycome

- MLS Number: 17073726

- MLS Last Updated: Feb 20, 2026 at 06:15pm EST

Location

* School data provided by National Center for Education Statistics, and GreatSchools. Intended for reference only. The GreatSchools Rating is based on a variety of school quality indicators, including test scores, college readiness, and equity data. To verify enrollment eligibility, contact the school or district directly.

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Facts and features:

Furnished: Unfurnished

Status: Active

Listed Date: 02/19/2026

Days On Market: 1

Lot Size (Acres): 0.1

Lot Size (Square Feet): 2.2956841138659E-6

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Structure:

Year Built: 1985

Tax:

Parcel Number: 0082120010

Score:

-siesta key-for-sale-527-529 beach road sarasota fl 34242, siesta key, fl 34242-BEYC17073726

Mortgage All cash

Monthly expenses $27,378

Property Tax $5,658

HOA Fee $0

Homeowners Insurance $905

Due at Close $3,344,075

List price $3,395,000

Closing costs $50,925

beycome Pre-paid title: $99Discover Title Services

beycome Credit Est. $0

Disclaimer

The information is being provided by Stellar MLS.
Information deemed reliable but not guaranteed. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS.
Information is provided for consumers personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase.
Broker Reciprocity disclosure: Listing information are from various brokers who participate in IDX (Internet Data Exchange).
All information should be independently reviewed and verified for accuracy.
Copyright 2026 Stellar MLS. All rights reserved.

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Customer reviews

Marc & Staci K., Loxahatchee, Fl

Hi Nancy, We officially close TOMORROW!!!! And yes we got our asking price. With love and gratitude, Mission Accomplished, Closed with beycome in 1 month & 14 days. Amount Saved in commission fees: $25.794.

Rufus H, Ocala, Fl

My house sold. They saw your For Sale sign in the front yard. Thanks for all your help. Thank you, Rufus H. Saved in comission fee: $7.200

June M. Jacksonville, Fl

You and I did great. It is now rented. I only spend $40 with your company and saved $1,650.00 by not using a realtor. You were great and hope u feel better. Please remove all ads. Thanks from the bottom of my heart. June 2022

Antoni Paris, Jacksonville, Fl

Great experience great service and very professional people thank you very much for your help and I will use your service in the future. Thanks again. Antoni

Ndakhte N. Oakland Park, FL

Hi Nico and Natalie.. I can't say enough about Beycome and all of the nice service I received. It did sell today for the full asking price less a credit back to the buyer at closing so she'd barely have to come up w/ any money ...