$3,195,000

Duplex In Sarasota

  • 4 Beds
  • 3 Baths
  • 1,803 Sqft
  • 7,379 Sqft lot
  • Updated: May 16
  • Source:
    Stellar MLS  MLS#O6384340

About the Property

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
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.
  • Property type

    House

  • Year built

    1985

  • Price/sqft

    $1,772

Features

  • Jacuzzi
  • Outdoor Kitchen
  • Open Kitchen
  • Duplex
  • High Ceiling
  • Washer Dryer
  • Renovated
  • Investment Property
  • Air Conditioning
Features

Lot

  • Duplex
  • Investment Property
  • Renovated

Indoor

  • High Ceiling
  • Air Conditioning
  • Jacuzzi
  • Washer Dryer
  • Laundry Room
  • Open Kitchen

Outdoor

  • Outdoor Kitchen

Explore the Area

527 BEACH ROAD, Siesta Key, Florida, United States View on Google Maps
Price per sqft
Low
High

View 203 more listings in Siesta Key

BEYCOME OF FLORIDA LLC - Miami

Joined 6 months ago
Your message
You have inquired about this property

The agent will contact you soon by

Listed by

BEYCOME OF FLORIDA LLC - Miami
Florida, United States
View agency profile
58
Listings
2026
Joined

Book home tour with the agent

Choose a date and whether you'd like a virtual or in-person tour with the agent.

In-person tour
Preferred date
Tour type
BEYCOME OF FLORIDA LLC - Miami
Miami, Florida, United States
View agency profile
Last updated
May 16
First listed
Feb 21
Listing reference
O6384340
Listing status
Call

Start phone call with:

Hello, I’m calling for the property with the reference O6384340, which I discovered on JamesEdition.

After the call, we'll provide your contacts to the agent for easy communication.

brokerages we
partnered with