527 Beach Rd Sarasota, FL 34242
Siesta Key AreaEstimated payment $17,026/month
Highlights
- Open Floorplan
- Cathedral Ceiling
- Laundry Room
- Phillippi Shores Elementary School Rated A
- No HOA
- Outdoor Shower
About This Home
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.
Listing Agent
PEOPLE'S TRUST REALTY Brokerage Phone: 352-688-7022 License #3224918 Listed on: 08/27/2026
Townhouse Details
Home Type
- Townhome
Est. Annual Taxes
- $18,981
Year Built
- Built in 1985
Lot Details
- 7,379 Sq Ft Lot
- Southeast Facing Home
Parking
- 4 Carport Spaces
Home Design
- Half Duplex
- Slab Foundation
- Shingle Roof
- Wood Siding
Interior Spaces
- 1,803 Sq Ft Home
- 2-Story Property
- Open Floorplan
- Cathedral Ceiling
- Combination Dining and Living Room
- Vinyl Flooring
Kitchen
- Range
- Microwave
- Dishwasher
Bedrooms and Bathrooms
- 4 Bedrooms
- 3 Full Bathrooms
Laundry
- Laundry Room
- Dryer
Outdoor Features
- Outdoor Shower
- Outdoor Grill
Utilities
- Central Heating and Cooling System
- Cable TV Available
Community Details
- No Home Owners Association
- Sarasota Beach Community
- Sarasota Beach Subdivision
Listing and Financial Details
- Legal Lot and Block 25 / 21
- Assessor Parcel Number 0082120010
Map
Home Values in the Area
Average Home Value in this Area
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 | $18,981 | $1,549,600 | $1,337,000 | $212,600 |
| 2024 | $22,791 | $2,010,000 | $1,782,700 | $227,300 |
| 2023 | $22,791 | $1,965,200 | $1,663,300 | $301,900 |
| 2022 | $20,428 | $1,706,900 | $1,478,300 | $228,600 |
| 2021 | $13,137 | $1,049,200 | $823,900 | $225,300 |
| 2020 | $12,642 | $964,100 | $786,900 | $177,200 |
| 2019 | $11,745 | $961,500 | $838,000 | $123,500 |
| 2018 | $11,442 | $971,200 | $748,400 | $222,800 |
| 2017 | $10,362 | $671,876 | $0 | $0 |
| 2016 | $8,887 | $687,000 | $418,400 | $268,600 |
| 2015 | $8,414 | $634,500 | $376,600 | $257,900 |
| 2014 | $7,363 | $458,900 | $0 | $0 |
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 |
|---|---|---|---|---|
| 08/27/2026 08/27/26 | For Sale | $2,799,000 | -- | $1,552 / Sq Ft |
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 | $1,395,000 | Attorney | |
| Warranty Deed | $4,300,000 | Attorney | |
| Warranty Deed | $600,000 | Attorney | |
| Quit Claim Deed | -- | -- | |
| Warranty Deed | $350,000 | -- | |
| Quit Claim Deed | -- | -- |
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 | $1,200,000 | New Conventional | |
| Closed | $1,737,990 | Amount Keyed Is An Aggregate Amount | |
| Previous Owner | $420,000 | Commercial | |
| Previous Owner | $100,000 | Credit Line Revolving |
Source: Stellar MLS
MLS Number: TB8542235
APN: 0082-12-0010
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Listings courtesy of Stellar MLS as distributed by MLS GRID.
Based on information submitted to the MLS GRID
Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393
- 534 Beach Rd Unit 4
- 471 Island Cir
- 430 Island Cir
- 5334 Calle Florida
- 420 Beach Rd Unit 508
- 420 Beach Rd Unit 606
- 5319 Calle de La Siesta
- 646 Canal Rd
- 5323 Calle Florida
- 648 Beach Rd
- 5531 Calle Del Verano
- 5322 Calle de La Siesta
- 306 Beach Rd Unit 306
- 5610 Avenida Del Mare
- 5453 Avenida Del Mare
- 5547 Avenida Del Mare
- 734 Canal Rd
- 238 Island Cir
- 539 Avenida Del Norte
- 5541 Cape Aqua Dr
- 460 Beach Rd Unit A1
- 446 Canal Rd Unit 5
- 431 Island Cir
- 420 Beach Rd Unit 706
- 211 Island Cir
- 5516 Avenida Del Mare
- 651 Avenida Del Norte
- 5216 Calle de Costa Rica
- 5253 Avenida Del Mare
- 5400 Ocean Blvd Unit 10-02
- 797 Beach Rd Unit 305
- 681 Avenida de Mayo
- 853-899-899 Beach Rd Unit SI ID1623878P
- 5165 Sandy Cove Ave Unit SI ID1578384P
- 324 Avenida Madera Unit SI ID1578359P
- 349 Avenida Madera Unit SI ID1578360P
- 5613 Cape Leyte Dr Unit SI ID1591441P
- 301 Avenida Madera Unit A
- 301 Avenida Madera Unit B
- 5157 Sandy Beach Ave
Ask me questions while you tour the home.