527 BEACH ROAD Sarasota, FL $ 3,395,000
527 BEACH ROAD
$ 3,395,000
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527 BEACH ROAD

Sarasota, FL, 34242
$ 3,395,000
Bedrooms4 Baths3.0 Sq 1,803

Monthly Estimate*

$ 20,904

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Multi-Family Home for sale in Sarasota, FL

for $3,395,000 with 4 bedrooms and 3 full baths. This 1,803 square foot home was built in 1985 on a lot size of 0.17.

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.

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Multi-Family Active

Price

$ 3,395,000

Bedrooms

4

Full Bath

3

Property Type

Multi-Family

Taxes

$ 18,981

Style

Duplex

Lot Size

0.17

Year Built

1985

Town/City

Sarasota

County/Region

Sarasota

MLS | Web ID

O6384340

Features
General
Sewer Public Sewer
Heating Central
Cooling Central Air
Utilities Cable Connected Electricity Connected Sewer Connected Water Connected
Roof Shingle
Zoning RMF1
Construction Materials Wood Frame (FSC Certified)
Year Built 1985
Property Subtype Duplex
Tax Year 2025
Ownership Fee Simple
County Sarasota
New Construction false
Property Type Residential Income
Subdivision Name SARASOTA BEACH
Garage Y/N false
Status Active
Directions 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
City SARASOTA
Senior Community Y/N false
Number Of Units Total 2
MLS Area 34242 - Sarasota/Crescent Beach/Siesta Key
Lot Size Units Square Feet
Lot Size Square Feet 7379
Carport Spaces 8
Carport Y/N true
Listing Terms Cash Conventional FHA Other VA Loan
Land Lease Y/N false
Tax Annual Amount 18981
Additional Parcels Y/N false
Virtual Tour https://www.propertypanorama.com/instaview/stellar/O6384340
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
Tax Lot 25
Legal Description LOT 25 BLK 21 SARASOTA BEACH
Water Access Y/N false
Water View Y/N false
Flood Zone Code AE
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Interior
Interior Amenities Cathedral Ceiling(s) Open Floorplan
Air Conditioning Y/N true
Heating Y/N true
Fireplace Y/N false
Laundry Features In Kitchen Laundry Room
Total Bedrooms 4
Total Baths 3
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Exterior
Exterior Amenities Outdoor Grill Outdoor Shower
Water Source Public
Lot Size Area 7379
Foundation Details Pillar/Post/Pier
Number of Buildings 1
Lot Size Acres 0.17
Road Surface Type Gravel
Private Pool false
Waterfront Y/N false
Covered Spaces 8
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* Excluded Features
List By
Beycome Of Florida Llc

Broker

contact@beycome.com

Email

Affordability Calculator

$22,485
Per Month
93%
7%
0%
Monthly Principal & Interest
$20,904
Monthly Property Taxes
$1,582
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
2/20/2026$3,395,000 Listed Price

Map


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527 BEACH ROAD, Sarasota, FL, 34242 is a Multi-Family Home for sale at $3,395,000 with 1,803 sqft and a lot size of 0.17. 527 BEACH ROAD has 4 bedrooms, 3.0 baths, and was built in 1985. The property's zip code is 34242 which is in Sarasota, FL