$8,249,000
ActivePrice drops, under contract and the sold price, by email.523 Beach Rd, Sarasota, FL 34242
19 beds · 12 baths · 6,972 sq ft
Listing courtesy of CORCORAN DWELLINGS REALTY · MLS# A4713034
Listed today
Refreshed from the Stellar MLS feed . This listing’s MLS record last changed .
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
- Property type
- Duplex
- Year built
- 1928
- Living area
- 6,972 sqft
- Lot size
- 0.49 acres
- Water access
- Canal - Saltwater
- Private pool
- Yes
- Furnished
- Furnished
- Flood zone
- AE
- CDD
- No
- 55+ community
- No
- Annual taxes
- $38,822/yr
- Listed
- Nov 14, 2026
- MLS #
- A4713034
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Estimate the monthly payment
Estimate by Lasbury Tracy Realty — not a loan offerStarting figures for 523 BEACH RD. Everything below is editable.
AssumptionNot a quoted rate. Ask a lender what you actually qualify for today.
From this listingThe seller's most recent annual tax bill as reported to the MLS. Your bill will differ — Florida reassesses on sale and homestead caps reset.
Editable estimateA placeholder, not a quote. On the Gulf Coast this is the line item most likely to be wrong: premiums swing on roof age, wind mitigation, elevation, and carrier appetite. Get a real quote before you rely on this number.
Starts at $0Deliberately zero until you enter a figure — we will not inflate a payment with a guess. Many homes here need it; the flood zone and the current policy's premium decide the number.
Include condo, HOA, and master-association dues. CDD assessments usually arrive on the tax bill instead.
AssumptionNot applied — your down payment is 20% or more.
Estimated total monthly payment
$51,821
$41,711 of that is principal & interest. 20% is taxes, insurance and fees — which is why those inputs matter more here than the rate does.
- Principal & interest
- $41,711
- Property taxes
- $3,235
- Homeowners insurance
- $6,874
- Flood insurance
- $0
- HOA / condo fees
- $0
- Mortgage insurance (PMI)
- $0
- Total per month
- $51,821
Over the life of the loan
- Loan amount
- $6,599,200
- Down payment
- $1,649,800
- Total interest
- $8,416,916
- Principal + interest paid
- $15,016,116
- Paid off in
- 2056
Interest is the exact schedule total for a fixed-rate loan held to term and assumes no extra payments. Taxes, insurance and fees are not included in these lifetime figures because they change every year.
Calculated on this page from the figures above — the calculator sends none of them anywhere, and no lender is quoting you. Only the separate flood & insurance request sends anything: what you type into it, to a Lasbury Tracy agent. Figures are estimates for planning only, not a pre-approval, commitment to lend, or a statement of the taxes and insurance you will actually be charged. Lasbury Tracy Realty Inc. is a real estate brokerage, not a lender or an insurance agent.
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523 Beach Rd, Sarasota, FL 34242
Listing courtesy of CORCORAN DWELLINGS REALTY · MLS# A4713034 · Active
Where this home is
Opens on aerial — on this coast the canal, the lot and the neighbours answer more questions than a street grid does.
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