316 BEACH RD, SARASOTA, FL, 34242
$5,249,000
Residential Income
|
Bedrooms
8
|
Bathrooms
10
|
Living Area
4,681 Sqft
|
Lot Size
5,511 Sqft
|
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
| Property Features | Property Features | |||
|---|---|---|---|---|
| MLS ID: | MFRA4697531 | Year Built: | 1996 | |
| Appliances: | Bar Fridge, Convection Oven, Dishwasher, Disposal, Dryer, Freezer, Ice Maker, Microwave, Washer, Wine Refrigerator | Construction Materials: | Block, Concrete | |
| Cooling: | Central Air | Country: | US | |
| County Or Parish: | Sarasota | Exterior Features: | Balcony, Hurricane Shutters, Lighting, Outdoor Grill, Outdoor Kitchen, Private Mailbox, Sliding Doors, Storage | |
| Flooring: | Luxury Vinyl, Tile | Foundation Details: | Pillar/Post/Pier, Slab | |
| Furnished: | Furnished | Heating: | Central | |
| Laundry Features: | Inside | Levels: | Three Or More | |
| Listing Agreement: | Exclusive Right To Sell | Listing Terms: | Cash, Conventional | |
| Occupant Type: | Tenant | Pool Features: | Auto Cleaner, Heated, In Ground, Lighting, Pool Alarm | |
| Property Sub Type: | Duplex | Property Type: | Residential Income | |
| Road Surface Type: | Paved | Roof: | Metal | |
| Sewer: | Public Sewer | Showing Requirements: | Appointment Only, Call Before Showing | |
| Spa Features: | Heated, In Ground, Swim Spa | Special Listing Conditions: | None | |
| Standard Status: | Active | State Or Province: | FL | |
| Utilities: | Cable Available, Electricity Connected, Sewer Connected, Water Connected | View: | Gulf/Ocean - Full, Gulf/Ocean - Partial | |
| Water Source: | Public | |||
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