$895,500
Active Under Contract643 Calle del Otono, Sarasota, FL 34242
2 beds · 1.5 baths · 725 sq ft
Listing courtesy of CORAL BAY REALTY LLC · MLS# A4706305
2 days on market
Refreshed from the Stellar MLS feed . This listing’s MLS record last changed .
About this home
Under contract-accepting backup offers. Best Value Near Siesta Key Beach — Just 100 Yards Away | VERY MOTIVATED SELLERS | Now $895,500 This is your opportunity to secure a prime coastal property at a newly reduced price—just steps (100 yards) from the world-renowned white sands of Siesta Key Beach. Whether you’re looking for a personal beach retreat, a high-performing investment, or both, this property delivers exceptional value in one of Florida’s most sought-after locations. With projected short-term rental income between $62,900 and $81,770 annually, this fully renovated 2-bedroom residence offers immediate income potential while still allowing you to enjoy it as your own private getaway. Inside, the home features a bright, open-concept design with upscale coastal finishes throughout. The updated kitchen is equipped with quartz countertops, a large island, and premium stainless-steel appliances—ideal for entertaining or hosting guests. The primary suite provides a relaxing, spa-like experience, while the second bedroom offers a private exterior entrance, creating flexibility for rentals or visiting guests. Step outside to a private tropical setting complete with lush landscaping, a patio for outdoor living, and an outdoor shower—perfect after a day at the beach. With no HOA restrictions, recent renovations, and highly motivated sellers, this is one of the most compelling values currently available this close to Siesta Key Beach. Opportunities like this—price, location, and income potential—are rare. Schedule your private showing today.
Facts
- Property type
- Single Family Residence
- Year built
- 1961
- Bathrooms
- 1 full, 1 half
- Living area
- 725 sqft
- Lot size
- 0.08 acres
- Private pool
- No
- Exposure
- West
- Furnished
- Negotiable
- Flood zone
- AE
- CDD
- No
- 55+ community
- No
- Annual taxes
- $6,876/yr
- Listed
- Sep 19, 2026
- MLS #
- A4706305
Estimate the monthly payment
Estimate by Lasbury Tracy Realty — not a loan offerStarting figures for 643 CALLE DEL OTONO. 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; ask us for the property's flood zone and the current policy's premium.
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
$5,847
$4,528 of that is principal & interest. 23% is taxes, insurance and fees — which is why those inputs matter more here than the rate does.
- Principal & interest
- $4,528
- Property taxes
- $573
- Homeowners insurance
- $746
- Flood insurance
- $0
- HOA / condo fees
- $0
- Mortgage insurance (PMI)
- $0
- Total per month
- $5,847
Over the life of the loan
- Loan amount
- $716,400
- Down payment
- $179,100
- Total interest
- $913,729
- Principal + interest paid
- $1,630,129
- 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 — nothing is sent anywhere and no lender is quoting you. 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.
Take a tour
Pick a day that suits you — a licensed Lasbury Tracy agent confirms personally, usually within minutes. No account needed.
643 Calle del Otono, Sarasota, FL 34242
Listing courtesy of CORAL BAY REALTY LLC · MLS# A4706305 · Active Under Contract
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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