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527 Beach Rd
For Sale $3,195,000 ($1,772.05 per Sq Ft)
$3,195,000 ($1,772.05 per Sq Ft)
- 4 Bedrooms
- 3 Bathrooms
- 1,803 Sq Ft
- 7,379 Sq Ft
Description
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.
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Amenities
Garage
Pool
Garden
Security System
Internet
Telephone
Heating
Fireplace
Balcony & Patio
TV / Cable
Laundry
Hardwood Floors
Spa
Air Conditioning
Solar Power
Floor Plan
Great Views
Natural Light
Quiet
Water View
Elevator
Guest Unit(s)
Furnished
220 Volt
Property Details
| List Price | $3,195,000 |
| Property Type | Duplex (2-units) |
| Usable Sqft | 1,803 |
| Number of Stories | 0 stories |
| Parking Spots | 8 spots |
| Year Built | 1985 |
| Last Sold | Unknown |
| Sold Price | Unknown |
| APN # | 0082120010 |
| MLS # | O6384340 |
| Property ID | 300218087 |
| Lot Sqft | 7,379 |
| Zoning | RMF1 |
| Total Units | 2 |
| Days on Market | 138 |
| Original List Price | $3,395,000 |
| Date Updated | May 15, 2026 |
| Date Created | February 20, 2026 |
Listing Provided By
Steven Koleno an agent of . Lic #3469487
© 2026 STELLAR MLS. All rights reserved. Some listings on this website are from STELLAR as of May 15, 2026 The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Robert Crawford
REAL ESTATE AGENT