$5,249,000

$1121/sq ft

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Overview

Bedroom

8

Year Built

1996

Garage

2

Sqft

4681

Property Type

Duplex

Property 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.

Property Details

MLS#

A4697531

Garage

2

Address

316 BEACH

City

Sarasota

State/county

FL

Zip/Postal Code

34242

Area

Sarasota Beach

Country

United States

HOA

No

Assoc Fee

$--

Assoc Fee Pd

Tax Amount

$37,822

Maint Fee

$--

Tax Year

2025

Bar Fridge

Convection Oven

Dishwasher

Disposal

Dryer

Freezer

Ice Maker

Microwave

Washer

Wine Refrigerator

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Boris Gelfand