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523 Beach Rd, photo 1
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Overview

19 bd12 ba6,972 sqftDuplex
TypeDuplex
HOANone listed
Built1928
Lot21,412 sqft
Living area6,972 sqft
Price / sqft$1,183

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Pricing, comps, HOA, the neighborhood. Answers before you fill out anything.

About this home

Ceiling Fans(s)Split BedroomStone CountersVaulted Ceiling(s)BalconyDishwasherDryerElectric Water Heater

523 Beach Rd is a 1928-built home in Sarasota Beach, Sarasota. Inside you'll find 19 bedrooms, 12 bathrooms, and 6,972 square feet of living space. Listed at $8,249,000 (about $1,183/sqft), 1 day on market. Flood zone AE - confirm flood insurance requirements with your lender.

From the listing

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).

The essentials

Built
1928
Price / sqft
$1,183
On market
1 day
Annual tax
$38,822
Flood zone
AE
Lot
21,412 sqft
Type
Duplex

At a glance

Multi-family
Built 1928
Private pool
Heated
0.49 acres
Lot size
6,972 sqft
Living area

Payment

Est. monthly payment
$50,382/mo
Down payment (20%)
$1,649,800
Property taxes
$3,235/mo
Rate assumed
6.8% · 30 yr
View full breakdown

Details

Type
Duplex
Year Built
1928
Lot
21,412 sqft
Cooling
Central Air
Heating
Central
Parking
Guest, Off Street, Open, Oversized
Pool
In Ground, Heated
Days on Market
1
Ceiling Fans(s)
Split Bedroom
Stone Counters
Vaulted Ceiling(s)
Balcony
Dishwasher
Dryer
Electric Water Heater
Exhaust Fan
Freezer
Microwave
Range
Refrigerator
Washer
Elementary
Phillippi Shores Elementary
Middle
Brookside Middle
High
Sarasota High

Districts can re-zone, so verify directly with the district before relying on these.

Flood Zone AE
Annual Tax (2025)
$38,822
Parcel #
0082120009

Taxes reflect the most recent assessment in the MLS feed. Actual tax owed can vary, so confirm with the county property appraiser before closing.

Subdivision
Sarasota Beach
County
Sarasota
MLS Area
34242 - Sarasota/Crescent Beach/Siesta Key
Lot Size
21,412 sqft
CoastalConstruction Control LineFlood Insurance RequiredSidewalk

Price history

Date
Event
Price
11/14/2026
Listed for sale
Source: Stellar MLS #A4713034
$8,249,000
$1,183/sqft

Neighborhood

523 Beach Rd
Sarasota, FL, 34242 · 34242 - Sarasota/Crescent Beach/Siesta Key

Market insights

Offer Insights

Choose an offer strength

List price: $8,249,000
$7.82M – $8.25M
94.9% – 100% of listTops out right at the list price
80% of listList price
46 of the last 90 home closings in 34242 landed at this number or higher (51%). The median one sat 87 days before it went under contract, and this one is on day 1.

Sample: 90 closed home sales in 34242 over the last 8 months, Stellar MLS. A starting point, not a guarantee.

Talk through an offer with our team

Calculator

Est. monthly payment
$50,382/mo
Principal & interest$43,022
Property taxes$3,235
Insurance$4,125
Down payment20% · $1,649,800
Interest rate6.80%
Loan term

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Property taxes are this home's actual annual bill from the MLS, divided by twelve. Insurance estimated at 0.60%. Rate defaults to 6.8% on a 30-year fixed. Tap a pencil to use your own numbers. Estimates only, not a loan quote.

Quick answers.

Price

$8,249,000

$1,183 per sq ft

Beds and baths

19 beds, 12 baths

Size

6,972 sq ft

Time on market

1 day

Year built

1928

Monthly payment

About $50,382/mo

That is 20% down on a 30-year fixed at 6.8%, plus the home's $38,822 annual tax bill, insurance.

Flood zone

Zone AE

That is a high-risk designation, so a lender will normally require flood insurance. Confirm the current rate before you write an offer.

Offer

What should I offer?

Have another question?

Brokered byCORCORAN DWELLINGS REALTYListing agent: Kristina BreguListing data from Stellar MLS, MLS# A4713034.

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