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Beachside Multifamily Property
For Sale
$1,795,000
Pending

303 BEACH ROAD, Sarasota, FL 34242

Multifamily zoning and no HOA create flexibility for continued use or future redevelopment.

Property Size1,380 SF
Days on Market615

Property Features for 303 BEACH ROAD

General Information

Standard status Pending
Size 1,380 SF
Property subtype Multi Family
Zoning Multi-Family

Property Condition

Severity Teardown
Evidence rebuild one of the 1940's bungalows

Taxes and HOA fees

Annual Taxes $17,779

Building Details

Year Built 1947
Construction bungalow
Listing Agency: KELLER WILLIAMS ON THE WATER S
Listed By: Michelle Shiver · License #3018043
Source: Exitrealty
Added: Feb 14, 2025 Changed: Sep 29 Last Checked: Sep 29 at 8:34AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of KELLER WILLIAMS ON THE WATER S

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Investment Insights

Based on property information with market context.

This multifamily property includes three bungalow-style structures on a 1,380 property-size parcel, with the improvements dating to 1947. The structures are not warranted by the seller, providing a clear need for buyers to evaluate existing conditions and determine whether to repair, rebuild, or pursue a new plan. Multifamily zoning supports the property's residential income orientation, and no HOA applies.

The property is located at 303 Beach Road in Sarasota, near Siesta Beach and within walking distance of Siesta Village. Its setting places beach access and village amenities close to the site while retaining a multifamily classification. The property is offered for sale and is accepting backup offers.

Key Highlights

  • Multifamily‑zoned property with no HOA
  • Three bungalow‑style structures on the site
  • 1,380 property size

Property Analytics

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Location Intelligence

Trade Area within ½ mile

787
Businesses Nearby

Demographics for 34242, FL

7,417
Population
10,418
Households
0.7
Avg Household Size
65
Median Age
66%
College-Educated
97%
High-School Grad
3.6 sq mi
ZIP Area
2,060
Density / Sq Mi
$122,143
Median Household Income
$75,313
Median Earnings
$2,408
Median Rent
$995,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Multifamily property - Multifamily zoning and no HOA create flexibility for continued use or future redevelopment.
Where is this multifamily property located?
The property is located at 303 BEACH ROAD Sarasota, FL.
What is the asking price?
The asking price for this property is $1,795,000.
What are key features of this property?
This property features: Multifamily‑zoned property with no HOA; Three bungalow‑style structures on the site; 1,380 property size
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