6905 Point of Rocks Rd - Hospitality FOR SALE


Sarasota, FL 34242- South Sarasota
$2,950,000 USD
941-352-2121
6905 Point of Rocks Rd, Sarasota, FL for Sale
$2,950,000 USD
Hospitality - FOR SALE
1/11
null | 10.7% Cap Rate

6905 Point of Rocks Rd
Sarasota, FL 34242
South Sarasota


OVERVIEW

Exceptional five-unit boutique coastal investment ideally positioned on Siesta Key, directly across the street from public beach access to one of the nation’s top-rated beaches. This intimate property has been thoughtfully operated as a high-performing short-term rental, blending resort-style appeal with strong, proven income. The complex is professionally managed and offered fully turnkey, allowing a new owner to seamlessly step into a stabilized operation from day one. Guests are drawn to the unbeatable location, walkability to the beach, and the charm of a small, boutique-style accommodation, attributes that consistently drive repeat stays and premium nightly rates. An approximately $2.2 million assumable loan enhances the investment profile, while strong financials underscore the property’s exceptional performance. With no rental restrictions, limited comparable inventory on Siesta Key, and enduring demand for high-quality coastal stays, this asset represents a rare opportunity to acquire a trophy boutique hospitality investment in one of Florida’s most coveted beach markets.

FOR SALE DETAILS

PRICE

$2,950,000 USD

PRICE/SF

$851 USD /SF

# OF ROOMS

5

PRICE/ROOM

$590,000 {currency}

CAP RATE

10.7%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

The Beverly Siesta Key

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

2

ROOM ENTRANCE

Exterior

BUILDING CLASS

C

YEAR BUILT

1993

PARKING SPACES

3

LAND DETAILS

LAND ACRES

0.18 AC

LAND SF

7,827 SF

ZONING

RMF1

APN/PARCEL ID

0108-17-0043

ASK ABOUT THIS PROPERTY

Eric BoleneXp Commercial LLCMore Info
941-352-2121

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Eric BoleneXp Commercial LLCMore Info
941-352-2121

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