$3,650,000
SOLD MAY 15, 2026
4 Beds
4 Baths
2,990 Sq Ft
0.54 Acre Lot

Sale Details

Date Sold: May 15, 2026

$1,221 Per Sq Ft

14% Below List Price

300 Days on Market

Highlights

  • 154 Feet of Waterfront
  • Beach View
  • Deck
  • Laurel Nokomis School Rated A-
  • Open Floorplan
  • No HOA

About This Home

As of May 2026

Beachfront Bliss on Casey Key – Rare Hotel-Zoned Investment Opportunity

Introducing Casey Key Retreat: a once-in-a-lifetime opportunity to own income-producing beachfront property on the highly desirable shores of Casey Key. Situated directly on the Gulf of Mexico, this exceptional offering is one of the few properties on the key that is fully licensed and zoned for motel/hotel use — a rare and valuable distinction offering significant income potential and flexibility.

Casey Key Retreat includes four turnkey, fully furnished 1-bedroom, 1-bath units, each with a living room and kitchen. This well-maintained complex is beloved by returning guests year after year and delivers strong, consistent rental performance. Some of the recent updates include a new roof (2022), impact doors and windows (2017), new AC units (2022), and relined sewer lines (2023), ensuring peace of mind and reduced maintenance for years to come.

Enjoy the ultimate coastal lifestyle: world-class fishing, a full-service marina, nature parks, pristine beaches, and an array of restaurants are all within a short distance. The peaceful, laid-back atmosphere of Casey Key paired with direct beach access makes this an irreplaceable location ideal for both investors and vacationers.

Please do not disturb tenants, look through windows, or speak to guests.

Whether you’re expanding your hospitality portfolio or looking for a dream beachfront retreat with strong rental income, Casey Key Retreat checks every box.

For more information, contact us today to schedule a viewing!

Last Agent to Sell the Property

Sam Beaugrand

LASBURY-TRACY REALTY INC. Brokerage Phone: 941-474-5585 License #3411431 Listed on: 05/02/2025

Last Buyer's Agent

Angelia Young

A YOUNG REALTY GROUP INC License #0700325

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $27,865

Year Built

  • Built in 1979

Lot Details

  • 23,567 Sq Ft Lot
  • 154 Feet of Waterfront
  • 77 Feet of Ocean or Gulf Waterfront
  • 77 Feet of Public Beach Waterfront

Home Design

  • Quadruplex
  • Slab Foundation
  • Frame Construction
  • Shingle Roof
  • Block Exterior
  • Vinyl Siding
  • Stucco

Interior Spaces

  • 2,990 Sq Ft Home
  • Open Floorplan
  • Combination Dining and Living Room
  • Beach Views

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Outdoor Features

  • Outdoor Shower
  • Balcony
  • Deck
  • Covered Patio or Porch
  • Outdoor Storage

Utilities

  • Central Heating and Cooling System
  • Septic Tank

Listing and Financial Details

Community Details

Overview

  • No Home Owners Association
  • 4 Units
  • Acreage & Unrec Subdivision

Amenities

  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$27,865

Year Built

Built in 1979

Lot Details

0.54 Acres

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Quadruplex
  • Construction Materials: Block, Stucco, Vinyl Siding, Frame
  • Fireplace: No
  • Living Area: 2990
  • Lot Size Acres: 0.54
  • New Construction: No
  • Year Built: 1979
  • Lot Size Sq Ft: 23567
  • Status: Sold
  • Ownership: Fee Simple
  • Escrow State: FL
  • RATIO Current Price By Calculate: 1220.74
  • Total Acreage: 1/2 to less than 1
  • Water Access YN: 1
  • Water Frontage Feet Beach: 77
  • Attribution Contact: 941-474-5585
  • Tax Year: 2024
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Interior Amenities: Living Room/Dining Room Combo, Open Floorplan
  • Foundation Details: Slab
  • Total Bedrooms: 4
  • Living Area Meters: 277.78

Exterior Features

  • Exterior Features: Balcony, Outdoor Shower, Storage
  • Roof: Shingle
  • Pool Private: No
  • View: Water, Beach
  • Waterfront: Yes
  • Patio and Porch Features: Covered, Deck, Rear Porch
  • Road Surface Type: Asphalt
  • Water Access: Beach
  • Water View: Beach
  • Water View YN: 1
  • Waterfront Feet Total: 154
  • Flood Zone Panel: 12115C0238G
  • Water Frontage Feet Gulf Ocean: 77

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No

Utilities

  • Utilities: Water Connected
  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: Common Area
  • Sewer: Septic Tank
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Association 2 YN: 0

Fee Information

  • Total Annual Fees: 0.00
  • Total Monthly Fees: 0.00

Lot Info

  • Zoning: RMF1
  • Parcel Number: 0169070003
  • Additional Parcels: No
  • Flood Zone Code: X500

Multi Family

  • Number Of Units Total: 4
  • Waterfront Features: Beach Front
  • Total Num Buildings: 1
  • Unit Count: 4

Tax Info

  • Tax Annual Amount: 27865
  • Tax Lot: NA

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
May 2, 2025
Closed on
May 15, 2026
Sold by
Bought by
Seller's Agent
Sam Beaugrand
LASBURY-TRACY REALTY INC.
Buyer's Agent
Angelia Young
A YOUNG REALTY GROUP INC
List Price
$4,250,000
Sold Price
$3,650,000
Premium/Discount to List
-$600,000
-14.12%
Views
121

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
64.98%
Original Mortgage
$2,555,000
Outstanding Balance
$2,555,000
Interest Rate
6.37%
Mortgage Type
New Conventional
Estimated Equity
$1,282,384

Purchase Details

Closed on
Mar 30, 2017
Sold by
Bought by

Purchase Details

Closed on
Sep 8, 2004
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
5.5%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Warranty Deed $3,650,000 Simplifile
Warranty Deed $2,100,000 None Available
Warranty Deed $1,475,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Loan Amount Loan Type
Open $2,555,000 New Conventional
Previous Owner $1,000,000 Commercial
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
05/15/2026 05/15/26 Sold $3,650,000 -13.0% $1,221 / Sq Ft
02/26/2026 02/26/26 Pending -- -- --
06/06/2025 06/06/25 Price Changed $4,195,000 -1.3% $1,403 / Sq Ft
05/02/2025 05/02/25 For Sale $4,250,000 -- $1,421 / Sq Ft
Source: Stellar MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $29,145 $2,428,796 -- --
2024 $26,780 $2,207,996 -- --
2023 $26,780 $2,406,700 $2,075,200 $331,500
2022 $23,319 $1,968,000 $1,746,400 $221,600
2021 $21,325 $1,658,900 $1,435,800 $223,100
2020 $21,037 $1,602,900 $1,352,600 $250,300
2019 $20,091 $1,542,700 $1,352,600 $190,100
2018 $23,958 $1,858,400 $1,636,400 $222,000
2017 $18,721 $1,051,889 $0 $0
2016 $16,672 $1,426,300 $1,385,700 $40,600
2015 $14,961 $1,204,600 $1,164,000 $40,600
2014 $11,362 $794,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: D6142011

Stellar MLS

APN: 0169-07-0003

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