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Short-Term Rental Duplex Property

662 CALLE DEL OTONO, Sarasota, FL 34242

For Sale
$6,400,500

Two duplexes offer a flexible configuration for short-term stays, longer-term rentals, or private residential use.

Property Size5,313 SF
Price / SF$1,204
Days on Market34

Property Features for 662 CALLE DEL OTONO

General Information

Standard status Active
Size 5,313 SF
Property subtype Residential Income
Zoning RMF1

Additional Details

Cap Rate 7%
Multifamily Units 4

Taxes and HOA fees

Annual Taxes $21,150

Amenities

heated lagoon-style pool with waterfall
Rocky Mountain quartz deck
professional tropical landscaping
Miami-Dade impact windows/doors
Ceiling Fans(s)
Crown Molding
Eat-in Kitchen
Kitchen/Family Room Combo
Living Room/Dining Room Combo
Open Floorplan
PrimaryBedroom Upstairs
Solid Surface Counters
Solid Wood Cabinets
Split Bedroom
Stone Counters
Thermostat
Walk-In Closet(s)
Window Treatments
Balcony
Courtyard
Garden
Lighting
Outdoor Grill
Outdoor Kitchen
Private Entrance
Private Yard
Storage

Building Details

Building Size 5,313 SF
Year Built 1992
Buildings 2
Stories 3
Units 4
Listing Agency: KW SUNCOAST
Listed By: Tonna Gruber · License #3146072
Source: Dudleyeliterealty
Added: Oct 7 Changed: Nov 7 Last Checked: Nov 8 at 8:00PM

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 KW SUNCOAST

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This property comprises two duplex buildings with a combined 8 bedrooms and 8.5 baths. Improvements include a heated pool with a waterfall, a quartz pool deck, impact-rated windows and doors, and newer roofs and insulation. One building was designed by Lee Wetherington. The property is zoned RMF1, and the stated rental options include stays of 1–7 days as well as longer-term occupancy.

The property is steps from Siesta Key Public Beach, with Siesta Key Village approximately 0.5 miles away. Tropical landscaping was updated in 2024/2025.

Key Highlights

  • Two duplexes with 8 bedrooms and 8.5 baths combined
  • RMF1 zoning; short‑term stays of 1–7 days and longer‑term rentals are stated options
  • Heated pool with waterfall and quartz deck

Property Analytics

Lease Details

4
Residential units

Location Intelligence

Trade Area within ½ mile

643
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

Market

Average Price Trend$/SF for Short term rental properties in Sarasota, FL

$1,052 Jul
$989 Aug
$1,118 Sep
$1,322 Oct

Properties on Market for Short term rental properties in Sarasota

Jul
Aug
Sep
Oct

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?
Short term rental property - Two duplexes offer a flexible configuration for short-term stays, longer-term rentals, or private residential use.
Where is this short term rental property located?
The property is located at 662 CALLE DEL OTONO Sarasota, FL.
What is the asking price?
The asking price for this property is $6,400,500.
What are key features of this property?
This property features: Two duplexes with 8 bedrooms and 8.5 baths combined; RMF1 zoning; short‑term stays of 1–7 days and longer‑term rentals are stated options; Heated pool with waterfall and quartz deck
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