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523 BEACH Road
SARASOTA FL 34242 US

$8,249,000

Active Listing ID A4713034
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19 bed
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6,972 square feet
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12.00 Bath (12 Full)
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Lot: 0.49 Acres
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Duplex

$8,249,000

Active Listing ID A4713034
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523 BEACH Road EXCLUSIVE SIESTA KEY INVESTMENT OPPORTUNITY | 9 INCOME-PRODUCING RENTAL UNITS | 7+ Percent CAP RATE | STEPS from SIESTA KEY BEACH! An exceptional opportunity to acquire TWO adjacent income-producing properties at 523 BEACH ROAD and 530 CANAL ROAD, ideally located just a one-minute walk from Siesta Key Beach and five minutes from the vibrant Siesta Key Village. The portfolio comprises 9 established vacation rental units, including 7 on Beach Road and 2 on Canal Road, accommodating couples, families, and larger groups. Significant improvements have enhanced both properties, with five of the nine units reportedly fully renovated and additional upgrades completed through 2025. Key features include: modernized interiors, kitchens, and appliances, new HVAC systems installed in 2025, impact-resistant windows, heated swimming pool and tropical landscaping, private outdoor areas, BBQ facilities, and outdoor showers, 25+ parking spaces, complimentary beach amenities. This is A TURNKEY HOSPITALITY INVESTMENT. The properties offer an established short-term rental operation with professional management, strong visibility across major booking platforms, and a history of returning guests. Combining an exceptional location, recently upgraded accommodations, and an attractive 7+ Percent CAP rate, this portfolio presents a compelling opportunity to invest in one of Florida's most desirable vacation destinations. Financial statements, operating performance, and supporting documentation are available to qualified buyers upon execution of a Non-Disclosure (NDA).

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Property Features

  • Facts
  • Lot Size: 0.49 Acres
  • Property Type: Residential Multi Family
  • Property Sub-type: Duplex
  • Features
  • Full Bathrooms: 12
  • Cooling System: Central Air
  • Exterior Finish: Balcony
  • Floor Covering: Laminate
  • Roof Type: Shingle
  • Heating Fuels: Central
  • Additional Features
  • Fireplace
  • Patio
  • Pool

School Information

  • School
  • Phillippi Shores Elementary(Elementary)
  • Brookside Middle(MiddleSchool)
  • Sarasota High(HighSchool)

Property

  • propertytype: Residential Multi Family
  • propertysubtype: Duplex
  • listprice: 8249000
  • unparsedaddress: 523 BEACH Road
  • postalcity: SARASOTA
  • stateorprovince: FL
  • country: US
  • postalcode: 34242
  • bathroomsfull: 12
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.49
  • lotsizeunits: Acres
  • lotsizearea: 0.49
  • livingarea: 6972
  • livingareaunits: Square Feet
  • latitude: 27.270625
  • longitude: -82.55915
  • listagentfullname: Kristina Bregu
  • listagentemail: kristina.bregu@corcorandwellings.com
  • listagentkey: 3yd-MFRMLSFL-281533641
  • listagentmlsid: 281533641
  • listagentpreferredphone: 9419294964
  • listagentofficephone: 9419294964
  • listofficekey: 3yd-MFRMLSFL-281521689
  • listofficemlsid: 281521689
  • disclaimer: Copyright © 2026 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: MFRMLSFL
  • yearbuilt: 1928
  • listingcontractdate: 2026-11-14
  • listagentfax: 9418709342
  • listagenturl: http://sarasotafloridarealestate.com
  • countyorparish: Sarasota
  • parcelnumber: 0082120009
  • elementaryschool: Phillippi Shores Elementary
  • highschool: Sarasota High
  • appliances: Dishwasher, Dryer, Electric Water Heater, Exhaust Fan, Freezer, Microwave, Range, Refrigerator, Washer
  • cooling: Central Air
  • constructionmaterials: Stucco
  • flooring: Laminate
  • heating: Central
  • numberofunitstotal: 9
  • fireplaceyn: True
  • transactiontype: ForSale
  • storiestotal: 2
  • parkingtotal: 0
  • parkingfeatures: Oversize, Off Street, Open, Guest
  • roof: Shingle
  • waterfrontyn: False
  • franchiseaffiliation: None
  • interiorfeatures: Ceiling Fans(s), Split Bedroom, Stone Counters, Vaulted Ceiling(s)
  • exteriorfeatures: Balcony
  • rooms: Bedroom 13, Bedroom 17, Bedroom 5, Bedroom 12, Bedroom 3, Bathroom 9, Bathroom 10, Bedroom 14, Bedroom 18, Bedroom 15, Bathroom 7, Bathroom 1, Bedroom 11, Bathroom 6, Bathroom 2, Bedroom 1, Bathroom 8, Bathroom 11, Bedroom 9, Bedroom 16, Bedroom 6, Bathroom 4, Bedroom 8, Bedroom 7, Bedroom 4, Bathroom 5, Bathroom 3, Bedroom 19, Bedroom 10, Bedroom 2, Bathroom 12
  • otherstructures: Gazebo
  • patioandporchfeatures: Porch
  • dock: False
  • poolprivateyn: True
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: False
  • internetconsumercommentyn: False
  • location: -82.55915, 27.270624
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"DWELL Real Estate LLC", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "CustomSourceId":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"kristina.bregu@corcorandwellings.com", "ListBrokerageCity":"Sarasota", "ListBrokerageCountry":"US", "ListBrokerageEmail":"marc@dwellsarasota.com", "ListBrokerageLogoUrl":"http://lh.rdcpix.com/0706d231140f11e4b07122000b2b8d6fk-c2978271556r.png", "ListBrokerageName":"DWELL Real Estate LLC", "ListBrokeragePhone":"(941) 822-0708", "ListBrokeragePostalCode":"34236", "ListBrokerageStateOrProvince":"FL", "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"1947 Ringling Blvd.", "ListBrokerageWebsiteUrl":"http://www.dwellingwell.com", "ListOfficeAddress1":"1947 Ringling Blvd Ste 101", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":"281521689", "ListOfficeCity":"Sarasota", "ListOfficeCountry":"US", "ListOfficeEmail":"marc.rasmussen@corcorandwellings.com", "ListOfficePostalCode":"34236", "ListOfficeStateOrProvince":"FL", "ListPriceCurrencyType":"USD", "ListingTitle":"Residential Income, SARASOTA, FL", "ListingURL":"https://www.realtor.com/realestateandhomes-detail/523-Beach-Rd_Sarasota_FL_34242_M56362-11360?f=listhub&s=MFRMLSFL&m=A4713034&c=rexren", "MLSModificationTimestamp":"2026-11-14 15:15:10", "Neighborhoods":[{"Description":null, "Name":"SARASOTA BEACH"}], "PostalCode":null, "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":38822, "TaxDescription":"LOT 26 & SE 1/2 LOT 27 & SW 33 FT OF LOT 5 & BEG AT MOST WLY COR OF LOT 6 TH NELY 33 FT TH SELY 10 FT TH SWLY 33 FT TH NWLY 10 FT TO POB, SARASOTA BEACH, BEING SAME LANDS AS DESC IN ORI 2020155237 and LOT 4, BLK 21, SARASOTA BEACH", "TaxYear":"2025"}], "UnitNumber":null, "UnparsedAddress":null}
  • GarageSpaces: 0
Listing Changed: 11/14/2026 3:23:03 PM GMT
Source Updated Date: 11/15/2026 12:49:26 AM GMT

Courtesy of: Kristina Bregu, CORCORAN DWELLINGS REALTY, kristina.bregu@corcorandwellings.com

Copyright © 2026 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.