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$2,799,000 Just Listed
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Property Description
Prime investment opportunity directly on prestigious Beach Road in Siesta Key. This fully renovated, raised multi unit property offers strong short term rental income potential in one of Florida's most desirable coastal markets. The side by side duplex features a spacious 2 bedroom, 2 bathroom unit and a 2 bedroom, 1 bathroom unit. Zoned RMF and legally permitted for nightly rentals, making it ideal for vacation rental investors. The current owner is available to continue managing the property for the next owner at only a 10 percent fee, with staff, cleaning crew, and maintenance vendors already in place. The property generated $393,000 in gross income in 2023, $323,000 in 2024 (with two months of downtime due to hurricane impact), and $291,000 in 2025 (still down from hurricane related effects), with 2026 year to date income of $192,000 through July. Recent updates include new AC systems in 2022, updated flooring in 2025, modernized plumbing in 2022, full electrical upgrades in 2022, and private hot tubs installed at each unit in 2022. Additional upside exists with completed engineering drawings to enclose the lower level, adding approximately 2,000 square feet and significant rental income potential. Just steps from the sand and close to Siesta Key Village shops and restaurants, this is a rare chance to own an income producing property in one of the top beach destinations in the country. Property is part of a very successful Airbnb portfolio consisting of three duplexes with cap rates exceeding 10 percent. Please inquire for details.
Full Property Details
Full Property Details for 527 Beach Rd
General
- Price: $2,799,000
- Taxes: $18,980 (2025)
- Status: Active
- Type: Single Family
- Source: MidFloridaRegionalMLS
- MLS ID: TB8542235
- Updated: 8/27/2026
- Added to Site: 2 day(s) ago
Rental Information
- Min. Lease: No Minimum
Interior
- Number of Rooms: 3
- Interior Features: Cathedral Ceiling(s), Living Room/Dining Room Combo, Open Floorplan
- Appliances: Dishwasher, Dryer, Microwave, Range, Refrigerator
- Furnishings: Negotiable
- Flooring: Vinyl
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
Bedrooms
- Total Bedrooms: 4
Other Rooms
- Laundry: Laundry Room
Exterior
- Exterior Features: Outdoor Grill, Outdoor Shower
Parking
- Carports: Yes
- Carport: 4
- Carport Spaces: 4
- Covered Spaces: 4
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
- Direction Faces: Southeast
Community
- Community Name: 34242 - Sarasota/Crescent Beach/Siesta Key
Heating & Cooling
- Cooling Type: Central Air
- Heating Type: Central, Electric
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Cable TV Available, Electricity Connected, Sewer Connected
Structural Information
- Exterior Const.: Wood Siding
- Roof: Shingle
- Stories/Levels: Two
- 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: $18,980.97
- 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 People's Trust Realty
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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 ATTOM Data Solutions 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
8/27/2026
Listed
$2,799,000
100.65%
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
$18,981
-20%
$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# TB8542235) is a Single Family property with 4 bedrooms and 3 full bathrooms. 527 Beach Road is currently listed for $2,799,000 and was received on August 27, 2026. Want to learn more about 527 Beach Road? Do you have questions about finding other Single Family real estate for sale in Sarasota? You can browse all Sarasota real estate or contact a Coldwell Banker agent to request more information.

