Active

$5,249,000

Features:
  • 8 Bedrooms
  • 10 Bathrooms
  • 4681 sq ft
Overview
  • ID: MFRA4697531
  • Bedrooms: 8
  • Bathrooms: 10
  • Size: 4681 sq ft
Property Details
Remarks
Completely renovated in 2021, this property offers the appeal and functionality of newer construction while delivering a proven track record as a high-performing short-term rental. Generating approximately $400,000 to $500,000 in annual rental revenue, the home has been thoughtfully designed to accommodate large groups with eight bedroom suites, expansive gathering spaces, and a seamless blend of indoor and outdoor living. Guests are drawn to the experience this property provides—from mornings spent taking in Gulf views from the balconies to afternoons by the private pool and spa, and evenings gathering around the outdoor kitchen or enjoying time with family and friends throughout the home's multiple entertainment areas. Its spacious layout, private elevator, and proximity to both beach access and Siesta Key Village continue to make it a sought-after destination for vacationers. Combining strong rental performance with luxury coastal living, this property presents a rare opportunity to own an established income-producing asset in one of Siesta Key's most desirable locations.
Financial Considerations
Price:
$5,249,000
HOA Fee:
N/A
Tax Amount:
$37822
Price per SqFt:
$1121.34
Tax Legal Description:
LOT 12, BLK 18, SARASOTA BEACH, SUBJ TO 50 SF NON-INGRESS & EGRESS ESMT TO SARASOTA COUNTY AS DESC IN ORI 2020118219
Exterior Features
Lot Size:
5511
Lot Features:
N/A
Waterfront:
No
Parking Spaces:
N/A
Parking:
N/A
Roof:
Metal
Pool:
Yes
Pool Features:
Auto Cleaner, Heated, In Ground, Lighting, Pool Alarm
Interior Features
Bedrooms:
8
Bathrooms:
10
Heating:
Central
Cooling:
Central Air
Appliances:
Bar Fridge, Convection Oven, Dishwasher, Disposal, Dryer, Freezer, Ice Maker, Microwave, Washer, Wine Refrigerator
Furnished:
Yes
Floor:
Luxury Vinyl, Tile
Levels:
Three Or More
Additional Features
Property Sub Type:
Duplex
Style:
N/A
Year Built:
1996
Construction Type:
Block, Concrete
Garage Spaces:
Yes
Covered Spaces:
N/A
Direction Faces:
N/A
Pets Allowed:
No
Special Condition:
None
Additional Features:
Balcony, Hurricane Shutters, Lighting, Outdoor Grill, Outdoor Kitchen, Private Mailbox, Sliding Doors, Storage
Additional Features 2:
Check Sarasota County.
Map
  • Address
    316 BEACH RD
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