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$3,395,000 Just Listed
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Property Description
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.
Full Property Details
Full Property Details for 527 Beach Rd
General
- Price: $3,395,000
- Taxes: $18,981 (2025)
- Status: Active
- Type: Duplex
- Source: MidFloridaRegionalMLS
- MLS ID: O6384340
- Updated: 2/20/2026
- Added to Site: 2 day(s) ago
Interior
- Interior Features: Cathedral Ceiling(s), Open Floorplan
Rooms
Bathrooms
- Total Bathrooms: 3
Bedrooms
- Total Bedrooms: 4
Other Rooms
- Laundry: In Kitchen, Laundry Room
Exterior
- Exterior Features: Outdoor Grill, Outdoor Shower
Parking
- Carports: Yes
- Carport: 8
- Carport Spaces: 8
- Covered Spaces: 8
Location
- Area: 34242 - Sarasota/Crescent Beach/Siesta Key
- County: Sarasota
- Development Name: 34242 - Sarasota/Crescent Beach/Siesta Key
- Subdivision: SARASOTA BEACH
- Driving 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
Community
- Community Name: 34242 - Sarasota/Crescent Beach/Siesta Key
Heating & Cooling
- Cooling Type: Central Air
- Heating Type: Central
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Cable Connected, Electricity Connected, Sewer Connected, Water Connected
Structural Information
- # Buildings: 1
- Exterior Const.: Wood Frame (FSC Certified)
- Roof: Shingle
- Square Feet: 1,803
- Sq. Ft. Source: Owner
- Year Built: 1985
Lot Features
- Lot Size (Acres): 0.17
- Lot Size (Sq. Ft.): 7,379
- Lot Size: 7379
- Street/Road Desc.: Gravel
Financial Considerations
- Tax Amount: $18,981
- Tax Year: 2025
Disclosures and Reports
- Ownership: Fee Simple
- Special Conditions: None
- Legal Description: LOT 25, BLK 21, SARASOTA BEACH
- Flood Zone Info: AE
- APN: 82120010
- Property ID: 82120010
- Block/Lot/Section: 21
Listed by Beycome Of Florida Llc
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Schools
Schools serving 527 Beach Rd
School District:Sarasota County School District
| Name | Grades | Distance |
|---|---|---|
Phillippi Shores Elementary School 4747 South Tamiami Trail, Sarasota, FL 34231 | PK-5 | 2.2 mi |
Brookside Middle School 3636 South Shade Avenue, Sarasota, FL 34239 | 6-8 | 3 mi |
Sarasota High School 2155 Bahia Vista Street, Sarasota, FL 34239 | 9-12 | 4.2 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 527 Beach Rd
Date
Details
Price
Change
Source
2/20/2026
Listed
$3,395,000
143.37%
MLS
3/01/2021
Sold
$1,395,000
—
Public Record
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
Tax History for 527 Beach Rd
Year
Property Taxes
Change
Tax Assessment
Change
2025
$17,786
-25%
$1,549,600
-23%
2024
$23,673
4%
$2,010,000
2%
2023
$22,791
73%
$1,965,200
87%
2021
$13,137
-36%
$1,049,200
-39%
2022
$20,428
55%
$1,706,900
77%
2021
$13,137
12%
$964,100
19%
2019
$11,745
3%
$812,970
10%
2018
$11,442
10%
$739,064
-12%
2017
$10,362
17%
$842,900
23%
2016
$8,887
6%
$687,000
24%
2015
$8,414
14%
$555,269
10%
2014
$7,363
11%
$504,790
10%
2013
$6,648
—
$458,900
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 527 Beach Rd
527 Beach Road, Sarasota, FL 34242 (MLS# O6384340) is a Duplex property with 4 bedrooms and 0 full bathrooms. 527 Beach Road is currently listed for $3,395,000 and was received on February 20, 2026. Want to learn more about 527 Beach Road? 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.

