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$3,075,000

  • For Sale
  • Active
  • Duplex
  • 6 Beds
  • 4 Total Baths
  • 1,998 Sq. Ft.
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Discover an exceptional income-generating property in the heart of coveted Siesta Key! This fully renovated multi-unit compound features two spacious 3-bedroom, 2-bathroom units (one upstairs, one downstairs), with an impressive $393,000 gross income in 2023 and $350,000 in 2024 (despite hurricane-related downtime), this turnkey investment provides immediate cash flow. The property boasts recent upgrades including brand-new AC (2025), updated flooring (2024-2025), modernized plumbing (2024), electrical (2022), and refreshed hot tubs (2021). What sets this opportunity apart is its CG zoning with a special exemption for nightly rentals-a rare advantage that not only protects your rental business but also unlocks significant development potential. Future possibilities include constructing an 85-foot building with ground-floor parking, 11 two-bedroom units, and a stunning rooftop pool. 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. Can by purchased as a portfolio along with 6550 Sabal Drive.

Full Property Details for 5228 Calle Menorca

General

  • Price: $3,075,000
  • Taxes: $13,996 (2025)
  • Status: Active
  • Type: Duplex
  • Source: MidFloridaRegionalMLS
  • MLS ID: O6377280
  • Updated: 2/2/2026
  • Added to Site: 26 day(s) ago

Interior

  • Interior Features: Primary Bedroom Main Floor, Sauna

Rooms

Bathrooms

  • Total Bathrooms: 4

Bedrooms

  • Total Bedrooms: 6

Other Rooms

  • Laundry: Inside

Additional Information

  • Pool: Yes
  • Private Pool: Yes
  • Pool Description: Above Ground

Exterior

  • Exterior Features: Lighting, Outdoor Grill, Outdoor Shower, Sauna

Location

  • Area: 34242 - Sarasota/Crescent Beach/Siesta Key
  • County: Sarasota
  • Development Name: 34242 - Sarasota/Crescent Beach/Siesta Key
  • Subdivision: SARASOTA BEACH
  • Driving Directions: Drive east on Canal Road. Right to Calle Menorca. Turn right. You have arrived at your destination.

Community

  • Community Name: 34242 - Sarasota/Crescent Beach/Siesta Key

Heating & Cooling

  • Cooling Type: Central Air
  • Heating Type: Electric

Utilities

  • Sewer: Other
  • Water: Public
  • Utility Description: Cable Connected, Electricity Connected, Water Connected

Structural Information

  • # Buildings: 1
  • Exterior Const.: Block, Wood Frame
  • Roof: Shingle
  • Square Feet: 1,998
  • Sq. Ft. Source: Owner
  • Year Built: 1965

Lot Features

  • Lot Size (Acres): 0.11
  • Lot Size (Sq. Ft.): 4,565
  • Lot Size: 4565
  • Street/Road Desc.: Concrete

Financial Considerations

  • Tax Amount: $13,996
  • Tax Year: 2025

Disclosures and Reports

  • Ownership: Fee Simple
  • Special Conditions: None
  • Legal Description: LOT 9 LESS S 3 FT THEREOF BLK 15 SARASOTA BEACH
  • Flood Zone Info: AE
  • APN: 80170029
  • Property ID: 80170029
  • Block/Lot/Section: 15

Listed by Beycome Of Florida Llc

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— 5228 Calle Menorca —

  • Beycome Of Florida Llc

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with our affiliated lender
NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 5228 Calle Menorca

School District:Sarasota County School District
NameGradesDistance
Phillippi Shores Elementary School
4747 South Tamiami Trail, Sarasota, FL 34231
PK-52.4 mi
Brookside Middle School
3636 South Shade Avenue, Sarasota, FL 34239
6-83 mi
Sarasota High School
2155 Bahia Vista Street, Sarasota, FL 34239
9-124.1 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 5228 Calle Menorca Get Price Alerts and Save Property

Date
Details
Price
Change
Source
1/27/2026
Listed
$3,075,000
359.3%
MLS
6/02/2020
Sold
$669,500
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 5228 Calle Menorca

Year
Property Taxes
Change
Tax Assessment
Change
2025
$13,124
-12%
$1,027,300
-18%
2024
$14,890
3%
$1,255,500
2%
2023
$14,498
11%
$1,225,200
16%
2022
$13,054
57%
$1,057,500
87%
2021
$8,312
—
$566,400
7%
2021
$8,312
-6%
$529,200
-8%
2019
$8,873
3%
$575,839
10%
2018
$8,652
10%
$523,490
10%
2017
$7,881
3%
$475,900
—
2016
$7,657
9%
$477,000
16%
2015
$7,051
7%
$411,200
10%
2014
$6,605
9%
$373,527
10%
2013
$6,049
—
$339,570
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Listed by Beycome Of Florida Llc

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5228 Calle Menorca, Sarasota, FL 34242 (MLS# O6377280) is a Duplex property with 6 bedrooms and 0 full bathrooms. 5228 Calle Menorca is currently listed for $3,075,000 and was received on January 27, 2026. Want to learn more about 5228 Calle Menorca? Do you have questions about finding other Duplex real estate for sale in Sarasota? You can browse all Sarasota real estate or contact a Coldwell Banker agent to request more information.

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