316 Beach Rd - Residential Income FOR SALE


Siesta Key, FL 34242 | 
$5,249,000 USD
941-587-9122
316 Beach Rd, Siesta Key, FL for Sale
$5,249,000 USD
Residential Income - FOR SALE
1/93
null | 5.76% Cap Rate

316 Beach Rd
Siesta Key, FL 34242


HIGHLIGHTS

  • Deeded Beach Access
  • Panoramic Gulf Views
  • Heated Pool & Spa
  • 8 Bed | 10 Bath

OVERVIEW

Rare beachfront hospitality investment on Siesta Key, one of the most consistently ranked beaches in the United States. This fully renovated 8-suite property operates as a high-performing short-term rental with proven income history and immediate upside potential. Completely remodeled in 2021 to new construction standards, the 6,505 SF property spans four levels with private elevator, 8 ensuite bedrooms, private pool and integrated spa, outdoor kitchen, and deeded Gulf beach access. The modern coastal build-out features durable, rental-grade finishes throughout minimizing ongoing capital expenditure. Ideal for 1031 exchange buyers, family office investors, or hospitality operators seeking a turnkey beachfront asset in a high-barrier-to-entry coastal market.

FOR SALE DETAILS

PRICE

$5,249,000 USD

PRICE/SF

$807 USD /SF

CAP RATE

5.76%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

316 Beach Rd

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Residential Income

TOTAL BUILDING SIZE

-

STORIES

4

BUILDING CLASS

B

YEAR BUILT

1996

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.12 AC

LAND SF

5,406 SF

ZONING

RMF1

APN/PARCEL ID

0082-12-0041

ASK ABOUT THIS PROPERTY

Curtis WareThe Ware GroupMore Info
941-587-9122

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.

Curtis WareThe Ware GroupMore Info
941-587-9122

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.