Property
Beds
8
Full Baths
None
1/2 Baths
None
Year Built
1993
Sq.Footage
3,467
Exceptional five-unit boutique coastal hospitality investment ideally positioned directly across from PB13 public beach access on legendary Siesta Key. This distinguished property represents one of the island’s most compelling income-producing opportunities, offering immediate access to Siesta Beach, ranked the #1 Beach in America and #4 worldwide by TripAdvisor’s 2025 Travelers’ Choice Awards. Renowned for its 99% pure quartz crystal sand and vibrant turquoise Gulf waters, this iconic destination delivers an unparalleled coastal experience that drives year-round demand. The intimate complex features a desirable mix of one and two bedroom residences and is professionally managed and offered fully turnkey, with all systems, furnishings, and operational components optimized for short-term rental performance. This established, high-performing hospitality asset demonstrates strong guest appeal, repeat bookings, and the ability to command premium nightly rates, allowing a new owner to seamlessly step into a stabilized operation from day one. Guests are consistently drawn to the unbeatable across-the-street beach access, eliminating parking hassles and enhancing walkability, an increasingly rare and highly sought-after advantage that supports rate premiums throughout the year. The property’s boutique scale and coastal charm deliver the personalized, resort-style experience today’s travelers prefer, further strengthening occupancy and guest loyalty. No rental restrictions provide a critical competitive edge, offering complete flexibility to optimize booking strategies, pricing models, and minimum stays without regulatory limitations. An approximately $2.2 million short-term assumable loan enhances the investment profile, while strong financials underscore the property’s exceptional performance. With limited comparable inventory, enduring demand for high-quality coastal accommodations, and an irreplaceable location on Siesta Key, this offering represents a rare opportunity to acquire a trophy boutique hospitality asset in one of Florida’s most coveted beach markets. The Point of Rocks location further elevates market performance, placing guests within walking distance of Crescent Village’s restaurants, shops, and boutiques, while maintaining direct proximity to one of the world’s most celebrated beaches. This is a truly exceptional acquisition for investors seeking immediate cash flow, long-term appreciation, and a premier presence in an iconic coastal destination.
Features & Amenities
Interior
-
Other Interior Features
Cathedral Ceiling(s), Stone Counters
-
Total Bedrooms
8
-
Bathrooms
N/A
-
Cooling YN
YES
-
Cooling
Central Air
-
Fireplace YN
NO
-
Heating YN
YES
-
Heating
Central
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Construction Materials
Frame
-
Other Exterior Features
Balcony, Courtyard, Lighting, Outdoor Grill, Outdoor Shower, Private Yard, Rain Gutters
-
Parking
Common, Covered, Driveway
-
Pool
No
-
Waterfront YN
NO
-
View
Garden
Area & Lot
-
Lot Features
Corner Lot
-
Lot Size(acres)
0.17
-
Property Type
Residential Income
Price
-
Sales Price
$2,995,000
-
Tax Amount
22341.98
-
Sq. Footage
3, 467
-
Price/SqFt
$863
HOA
-
Association
No
School District
-
Elementary School
Phillippi Shores Elementary
-
Middle School
Brookside Middle
-
High School
Sarasota High
Property Features
-
Foundation Details
Slab
-
Ownership
Fee Simple
-
Senior Community YN
NO
-
Sewer
Public Sewer
-
Tax Lot
28
-
Water Source
Public
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Location
County
Sarasota
Elementary School
Phillippi Shores Elementary
Middle School
Brookside Middle
High School
Sarasota High
Listing Courtesy of Traci Bolen , EXP REALTY LLC
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