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    OFF-MARKET
    Commercial real estate

    636 Bch Rd, Siesta Key, FL 34242

    Property ID
    US18-4834030
    Property summary
    AI-generated overview

    This exceptional 22,850 square foot beachfront property located at 636 Beach Road, Siesta Key, Florida (APN 0107030024), presents a rare redevelopment opportunity. Situated in Sarasota County, zip code 34242, this land boasts breathtaking 180-degree views of the world-renowned Siesta Key Beach, consistently ranked among the nation's top beaches. The property is zoned RMF1 - RESIDENTIAL, MULTI FAMILY, allowing for the construction of up to four luxury residential units. Preliminary designs already exist for four condominium residences, each exceeding 3,700 square feet of living space. This is a unique chance to create an exclusive residential development in a highly desirable location. The asking price is $9,750,000. The seller is offering the property for sale by owner. This is a truly exceptional opportunity to capitalize on the unparalleled beauty and desirability of Siesta Key. Don't miss this chance to build your dream project on one of America's most coveted beaches.

    Property profile
    Verified
    Property type Commercial real estate
    APN 0107030024
    UPID US18-4834030
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    CAP Approach CAP
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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