Overview
About this home
EXCLUSIVE SIESTA KEY INVESTMENT OPPORTUNITY | 9 INCOME-PRODUCING RENTAL UNITS | 7+ Percent CAP RATE | STEPS from SIESTA KEY BEACH! An exceptional opportunity to acquire TWO adjacent income-producing properties at 523 BEACH ROAD and 530 CANAL ROAD, ideally located just a one-minute walk from Siesta Key Beach and five minutes from the vibrant Siesta Key Village. The portfolio comprises 9 established vacation rental units, including 7 on Beach Road and 2 on Canal Road, accommodating couples, families, and larger groups.
Significant improvements have enhanced both properties, with five of the nine units reportedly fully renovated and additional upgrades completed through 2025. Key features include: modernized interiors, kitchens, and appliances, new HVAC systems installed in 2025, impact-resistant windows, heated swimming pool and tropical landscaping, private outdoor areas, BBQ facilities, and outdoor showers, 25+ parking spaces, complimentary beach amenities. This is A TURNKEY HOSPITALITY INVESTMENT. The properties offer an established short-term rental operation with professional management, strong visibility across major booking platforms, and a history of returning guests. Combining an exceptional location, recently upgraded accommodations, and an attractive 7+ Percent CAP rate, this portfolio presents a compelling opportunity to invest in one of Florida’s most desirable vacation destinations. Financial statements, operating performance, and supporting documentation are available to qualified buyers upon execution of a Non-Disclosure (NDA).
Details
Property typeDuplex
StatusFor Sale
CountySarasota
Year built1928
Lot size0.49 acres
Garage0.0 spaces
Private poolYes
Listed by Kristina Bregu of CORCORAN DWELLINGS REALTY
Listings courtesy of Stellar MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of November 14, 2026 7:50 PM UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. Equal Housing Opportunity.