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- Acclivity Now LLC
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Featured Listing
12976 98th Street
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- Property Search
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- 527 Beach Road, SARASOTA, FL 34242
Property Photos
- MLS#: G5082108 ( Residential Income )
- Street Address: 527 Beach Road
- Viewed: 6
- Price: $3,395,000
- Price sqft: $754
- Waterfront: No
- Year Built: 1985
- Bldg sqft: 4500
- Bedrooms: 4
- Total Baths: 3
- Garage / Parking Spaces: 8
- Days On Market: 156
- Additional Information
- Geolocation: 27.2705 / -82.559
- County: SARASOTA
- City: SARASOTA
- Zipcode: 34242
- Subdivision: Sarasota Beach
- Provided by: LIST NOW REALTY, LLC
- Contact: Matt Buttner
- 352-385-7636
- DMCA Notice
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DescriptionPresenting an exclusive opportunity on Siesta Key Beach an exceptional duplex for your consideration. This is situated directly on Beach Road, boasting a consistent income stream. It can be retained as a lucrative investment or transformed into a grand three story duplex with the potential for even greater returns. This property is divided into two separate units: a 2 bedroom, 2 bathroom unit and a 2 bedroom, 1 bathroom unit. With its rare zoning approval for short term and nightly rentals, this property is perfect for use as a primary home, vacation home, or income generating investment. This home's revenue is sure to exceed your expectations. All aspects of the rental, including cleaners, management, and handyman services, are already in place, ensuring a seamless and hassle free transition. This property has earned a 4.9 star rating as a VRBO 'Premier Host and is recognized as an Airbnb 'SuperHost'. Included is an already preapproved plan with permits paid and engineered drawings approved to enclose the bottom garage area, adding an additional 2,000 square foot of space. Custom murals throughout the house making it one of the most sought after and unique homes on Siesta Key. Both units have undergone recent upgrades, including new floors, fresh paint, new bathrooms, and stylish new furnishings. Local artist created custom murals provide pops of color to the traditional shiplap walls, and built ins. The kitchens feature granite countertops and stainless steel appliances, and the exteriors offer new fencing, a stone paved patio with two grills, 2 private hot tubs, 2 tiki huts and a large heated pool. Entire in house property management, cleaners, handyman, etc to stay with the sale making it turnkey and easy to operate. The management fee cost is about 3.5%, not the standard 20% as in most cases. The home brought in over $386,000 gross in last 12 months. Gross cap rap is at 11%. This is unheard of on such a great property that will continue to grow in value.
Property Location and Similar Properties
All
Similar
Features
Appliances
- Dishwasher
- Dryer
- Electric Water Heater
- Exhaust Fan
- Ice Maker
- Microwave
- Range
- Refrigerator
- Washer
Home Owners Association Fee
- 0.00
Carport Spaces
- 8.00
Close Date
- 0000-00-00
Cooling
- Central Air
Country
- US
Covered Spaces
- 0.00
Exterior Features
- Balcony
- Outdoor Shower
Flooring
- Luxury Vinyl
Furnished
- Furnished
Garage Spaces
- 0.00
Heating
- Central
- Electric
Insurance Expense
- 0.00
Interior Features
- Open Floorplan
- Stone Counters
- Thermostat
- Vaulted Ceiling(s)
Legal Description
- LOT 25
- BLK 21
- SARASOTA BEACH
Levels
- Two
Living Area
- 1803.00
Lot Features
- Flood Insurance Required
- FloodZone
Area Major
- 34242 - Sarasota/Crescent Beach/Siesta Key
Net Operating Income
- 0.00
Occupant Type
- Tenant
Open Parking Spaces
- 0.00
Other Expense
- 0.00
Other Structures
- Other
Parcel Number
- 0082120010
Parking Features
- Driveway
Pets Allowed
- Yes
Pool Features
- Heated
Property Type
- Residential Income
Roof
- Shingle
Sewer
- Public Sewer
Tax Year
- 2023
Township
- 37S
Utilities
- Cable Connected
- Electricity Connected
- Sewer Connected
- Street Lights
- Water Connected
View
- Water
Virtual Tour Url
- https://www.propertypanorama.com/instaview/stellar/G5082108
Water Source
- Public
Year Built
- 1985
Zoning Code
- RMF1
Listing Data ©2024 Pinellas/Central Pasco REALTOR® Organization
The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.Display of MLS data is usually deemed reliable but is NOT guaranteed accurate.
Datafeed Last updated on October 17, 2024 @ 12:00 am
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