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