Residential Property - Single Family Residence in Sarasota
Listing Price: $6,499,500 (Mortgage Calculator →)
Description of Property
Welcome to an unparalleled luxury coastal retreat in the heart of SIESTA KEY, home to Tripadvisor’s #1 Beach in America! This turn-key luxury vacation rental boasts a potential $966,192 in first-year cash flow ($575,000+ from rental income and up to $391,192 from 100 percent bonus depreciation, reinstated by the Big Beautiful Bill), making it an extraordinary investment opportunity. Built in 2017 to the highest standards, this exquisite three-story estate offers 10 bedrooms, 8 full bathrooms, 2 half baths, 2 private heated pools, 2 outdoor kitchens, and a 4-car garage. Just steps from the world-renowned Siesta Key Beach via private deeded beach access, this property is a true diamond among Siesta Key’s aging real estate market. With no rental restrictions, no HOA fees, a proven rental track record, excellent guest reviews, and steadily increasing occupancy and nightly rate performance, it’s priced below Zillow Zestimate with motivated sellers. The concrete block structure ensures durability, while the meticulously crafted interior features high-end finishes, including soaring ceilings, tile flooring, and gourmet kitchens with Jenn-Air appliances, granite countertops, solid wood cabinets, and expansive islands. Each master suite includes a spa-like en-suite bathroom with a soaking tub and stand-up shower. With 2 private entrances, 2 private elevators, and 2 private garages, this fully furnished estate is designed for guest convenience and low maintenance. Perfect for investors seeking a high-performing asset in a prime location, this Siesta Key masterpiece combines modern amenities with the allure of America’s top-rated beach. Don’t miss this rare opportunity to own a luxury vacation rental with a stellar rental history in one of the most coveted coastal destinations!
Bedrooms: 10
Bathrooms: 8
Half Baths: 2
Sq. Ft. Gross: 9,837
Garage: Yes4 vehicles
Carport: No
Parking Features:
Private Pool: Yes
Pool Featuress: Salt Water
Spa Features: In Ground
Water Frontage:
Water Features:
Water Access: Intracoastal Waterway
Property Details At A Glance
Property Type: Residential
Property Use or Sub Type: Single Family Residence
City: Sarasota
County: Sarasota
Subdivision: Gulf View On Little Sarasota Bay
Bedrooms: 10
Bathrooms: 8
Half Baths: 2
Sq. Ft. Gross: 9,837
Sq. Ft. Living Area: 7,052
Cost per (heated) sqare foot: $922
Year built: 2017
Annual Tax: $51,420
Taxes and fees can change periodically, and other fees may apply. Please check with your Suncoasteam agent for more details.
Appliances: Wine Refrigerator
Accessibility Features: Accessible Doors
Window Features: Storm Window(s)
Additional Rooms: Storage Rooms
Flooring: Ceramic Tile
Schools
Elementary School: Phillippi Shores Elementary
Middle/Junior High School: Brookside Middle
High School: Sarasota High
Pool & Waterfront Info
Private Pool: Yes
Pool Features: Salt Water
Spa Features: In Ground
Water Access: Yes
Water Access Type: Intracoastal Waterway
Exterior & Construction
Construction: Concrete
Foundation: Block
Roof: Metal
Exterior Features: Sliding Doors
Garage: Yes
Garage Spaces: 4
Floors Total: 3
Floors in Unit: Three Or More
Cooling: Central Air
Heating & Fuel: Central
Electric:
Patio & Porch Features:
Security Features: Smoke Detector(s)
Other Structures: Outdoor Kitchen
View: Water
Fencing: Other
Sewer: Public Sewer
Water Source: Public
Lot Information
Lot Features: Corner Lot
Lot Size (acres): 0.25
Lot Size (sq. ft.): 10,911 square feet
Lot Dimensions: 90 x 240
Front Exposure: North
Legal Description & Other Information
Financing Available: Conventional
Parcel Number: 0106030008
Zoning: RMF2
Pets Allowed/Pet Policies: Yes
Tax Legal Desc.: BEG WHERE N LINE OF LOT 9 INT E LINE OF COUNTY RD TH S-29-32-E 110.25 FT FOR POB TH CONT S-29- 32-E 90.25 FT M/L TO S LINE OF LOT 9 TH N-54-15-E 240.9 FT TH N -29-32-W 90.25 FT TH S-54-15-W 240.9
Section: 18
Range: 18E
Listing courtesy of CHARLES RUTENBERG REALTY INC. The information relating to real estate for sale on this website comes in part from the My Florida Regional MLS DBA Stellar MLS. This information is provided exclusively for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS.