527 BEACH ROAD

SARASOTA, FL 34242

Listing courtesy of PEOPLE'S TRUST REALTY · MLS# TB8542235

$2,799,000

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Property Details

Bedrooms

Bathrooms

Square Feet

1,803

MLS#

TB8542235

Listed

August 27, 2026

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.

Facts & Costs

Property type: Half Duplex
Year built: 1985
Lot size: 7,379 sq ft
Stories: 2
Price per sq ft: $1,552
Days on market: 35
Private pool: No
Waterfront: No
Community: Sarasota Beach
Subdivision: SARASOTA BEACH
County: Sarasota
Flood zone: AE*

Monthly & yearly costs

Property taxes: $18,981 / year (2025)

As reported by the listing agent. Verify with the HOA and county.

Construction & systems

Heating: Central, Electric
Cooling: Central Air
Flooring: Vinyl
Roof: Shingle
Construction: Wood Siding

Payment Estimate

$15,735 / month

Principal & interest: $14,153
Property taxes: $1,582
HOA: $0
Home insurance: enter below

Down payment (20%)$559,800Interest rate (%)Loan termHome insurance ($/year)

Estimate only, not a loan offer. Rate is a starting value; taxes and HOA are as reported by the listing agent. Florida insurance (including flood) varies widely. Ask George for a lender referral.

Location

Features & Amenities

Dishwasher
Dryer
Microwave
Range
Refrigerator
Cathedral Ceiling(s)
Living Room/Dining Room Combo
Open Floorplan
Outdoor Grill
Outdoor Shower

Information deemed reliable but not guaranteed.

Listings courtesy of Stellar MLS as distributed by MLS GRID

Based on information submitted to the MLS GRID as of Sep 30, 2026, 8:00 PM EDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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