IDX

Listed by Kristina Bregu · Courtesy of CORCORAN DWELLINGS REALTY · 941-200-4663 · Agent MLS ID# MFR281533641 · Deemed reliable but not guaranteed. · Listing updated: Nov 14, 2026 · 2:02 PM

Active

523 BEACH RD

Sarasota, Sarasota, FL, 34242

$8,249,000

$1,183/sqft

19Beds
12Baths
6,972Sq Ft
1928Built
0Days on Market

About this home

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).

Facts & Features

MFRA4713034
$8,249,000
Active
19
12
N/A
N/A
6,972 sqft
0.4900
1928
Residential Income
Duplex
N/A

Community Information

523 BEACH RD
Sarasota Beach
Sarasota
Sarasota
FL
34242
No

Amenities

N/A
N/A
No
No
Yes

Interior

Ceiling Fans(s), Split Bedroom, Vaulted Ceiling(s), Stone Counters
Central
Central Air
Laminate
Other
N/A
Dishwasher, Dryer, Microwave, Refrigerator, Washer, Electric Water Heater, Freezer, Range, Exhaust Fan

Exterior

Balcony
Stucco
Slab
Shingle
N/A
Sidewalk, Flood Insurance Required, CoastalConstruction Control Line

School Information

Phillippi Shores Elementary
Brookside Middle
Sarasota High

Additional Information

November 14, 2026
0
RMF1
N/A
No

Mortgage Calculator

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Years
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This calculator provides estimates for informational purposes only and is not a loan offer, pre-approval, or commitment to lend. Actual rates, payments, and loan terms vary by lender and are subject to credit approval, income/asset verification, and market conditions. Property tax and homeowners insurance shown are estimates and may differ. PMI applies when the down payment is under 20%. For an official Loan Estimate, contact a licensed mortgage lender. CORCORAN DWELLINGS REALTY is a licensed real estate brokerage, not a mortgage lender. Equal Housing Opportunity.

0 days on market

Listing updated: Nov 14, 2026 · 2:02 PM

Listed by: Kristina Bregu · 941-929-4964—CORCORAN DWELLINGS REALTY · 941-200-4663

Updated from Real Estate Market Data

Location

AEAhmed ElbatrawyEmpire Network Realty

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