316 BEACH ROAD, SARASOTA, Sarasota, FL, 34242, Residential Income, 8, 10, 0439f37e08d8c3c690f7992aa932fb3e, A4697531,316,BEACH

$5,249,000

Overview

Property ID: A4697531

Duplex
Property Type

8
Bedrooms

2
Garages

4681 Square Feet
Area Size

1996
Year Built

Description

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.