9-Unit Short-Term Rental
523 BEACH Road, Sarasota, FL 34242
For Sale
New
$8,249,000
Residential Income, SARASOTA, FL
Property Size6,972 SF
Lot Size0.49 Acres
Price / SF$1,183
Days on Market1
Property Features for 523 BEACH Road
General Information
Property type
Property subtype
Zoning
Bedrooms
Bathrooms
Full bathrooms
Rooms
Parking features
Patio and Porch features
Pets allowed
Pool private
Interior features
Exterior features
Fireplace
Appliances
Subdivision
Lot features
Elementary school
Middle school
High school
Directions
Standard status
APN
Size
Lot size
Additional Details
Currently Operating
Taxes and HOA fees
Tax Year
Tax Description
Tax Annual Amount
Legal Description
Utilities
Sewer type
Heating system
Cooling system
Water source
Amenities
heated swimming pool
tropical landscaping
private outdoor areas
BBQ facilities
outdoor showers
complimentary beach amenities
Building Details
Year built
Floors in Building
Number of units
Flooring type
Building materials
Roof type
Additional Structures
Buildings
Listing Agency:
CORCORAN DWELLINGS REALTY
(941) 200-4663
Listed By:
Kristina Bregu · License FL #3484415
(941) 929-4964
Added: Nov 14
Last Checked: Nov 14 at 7:06PM
MLS# A4713034
Copyright © 2026 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
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The offering combines two adjacent properties at 523 Beach Road and 530 Canal Road, with nine established vacation rental units: seven at the Beach Road property and two on Canal Road. Five units are described as fully renovated, with additional work completed through 2025. Improvements include updated kitchens and appliances, impact-resistant windows, and HVAC systems installed in 2025. Outdoor features include a heated swimming pool, private gathering areas, barbecue facilities, and outdoor showers. The property record lists 6,972 square feet and 0.49 acres; RMF1 zoning is specified.
The properties are a one-minute walk from Siesta Key Beach and five minutes from Siesta Key Village. Parking is listed at 25 or more spaces. The rental operation has professional management and returning guests, according to the supplied information.
The properties are a one-minute walk from Siesta Key Beach and five minutes from Siesta Key Village. Parking is listed at 25 or more spaces. The rental operation has professional management and returning guests, according to the supplied information.
Key Highlights
- Nine vacation rental units: seven at 523 Beach Road and two at 530 Canal Road
- 7+ Percent cap rate
- 6,972 square feet on 0.49 acres; RMF1 zoning
Property Analytics
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Lease Details
9
Residential units
Location Intelligence
Trade Area within ½ mile
835
Businesses Nearby
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Business Placement
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
$995,900
Median Home Value
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Market
Average Price Trend$/SF for Short term rental properties in Sarasota, FL
Properties on Market for Short term rental properties in Sarasota
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Short term rental property - Two neighboring properties support a vacation rental operation with a private pool, outdoor guest areas, and off-street parking.
Where is this short term rental property located?
The property is located at 523 BEACH Road Sarasota, FL.
What is the asking price?
The asking price for this property is $8,249,000.
What are key features of this property?
This property features: Nine vacation rental units: seven at 523 Beach Road and two at 530 Canal Road; 7+ Percent cap rate; 6,972 square feet on 0.49 acres; RMF1 zoning
