Active

645 BEACH RD

SARASOTA FL, 34242

$4,150,000


$831.83 per sqft

Active

4,989 sqft

Multi-family

Built in 2018

Discover the perfect combination of location, value, and resilience in this standout Siesta Key property. Ideally suited as a premier rental investment, this income generating machine asset is priced below replacement cost, making it a rare and exciting opportunity in today's market.

Featuring the highly coveted RMF zoning, this property offers legal daily rentals--a rarity across the region and a game-changer for income potential. Set on high ground, it has proven its durability by remaining high and dry during recent hurricanes, providing unmatched security and peace of mind.

This impressive three-unit complex boasts a sparkling pool, plenty of storage, and stunning views of the blue waters of the Gulf of Mexico. The property comes fully turnkey furnished, ensuring a seamless and effortless transition to ownership. As we look toward the future, this property stands as the Crown Jewel of assets on Siesta Key, a rare gem built to endure the test of time while offering unmatched beauty, functionality, and investment opportunity.

With its robust construction, prime location, and exceptional earning potential, this property truly embodies the future of Siesta Key real estate. A smart investment that delivers both safety and style, it's your chance to own a slice of paradise that pays for itself.

A4601523

MLS ID

February 29, 2024

Listed

December 9, 2024

Updated

Map

645 BEACH RD
SARASOTA FL, 34242

Interior Features

Total Stories

3


Interior Features

Ceiling Fans(s), Eat-in Kitchen, Elevator, High Ceilings, Open Floorplan, Split Bedroom, Stone Counters, Thermostat, Walk-In Closet(s), Window Treatments


Appliances

Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Tankless Water Heater, Washer


Laundry Description

Inside


Floor Description

Concrete


Fireplace

No


Cooling

Yes


Cooling Description

Central Air, Zoned


Heating

Yes


Heating Description

Central, Electric, Heat Pump, Zoned

Exterior/Building Features

Lot Size

0.18 Acres


Exterior Features

French Doors, Lighting, Sliding Doors, Storage


Lot Features

Flood Insurance Required, Flood Zone, In County, Level, Near Public Transit, Sidewalk, Paved


Roof

Metal


Sewer

Public Sewer

School Information

High School

Sarasota High


Elementary School

Phillippi Shores Elementary

Other Property Details

Area Name

34242 - Sarasota/Crescent Beach/Siesta Key


Taxes

$43,423


Tax Frequency

Annually


Days on Market

202


Association Fee Frequency

Monthly


Garage

Yes


Garage Spaces

4


Parking

Driveway, Garage Door Opener, Guest, Off Street, Tandem, Under Building


View

Yes


View Description

Water


County

Sarasota


Municipality

37


Water Source

Public


Pool

Yes


Pool Features

Gunite, In Ground


Zoning

RMF1

Listed by COLDWELL BANKER REALTY
Listing Contact: 941-349-4411 

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Data last updated 12/9/2024, 1:28 PM UTC

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