Beachfront Bliss on Casey Key – Rare Hotel-Zoned Investment Opportunity Introducing Casey Key Retreat: a once-in-a-lifetime opportunity to own income-producing beachfront property on the highly desirable shores of Casey Key. Situated directly on the Gulf of Mexico, this exceptional offering is one of the few properties on the key that is fully licensed and zoned for motel/hotel use — a rare and valuable distinction offering significant income potential and flexibility. Casey Key Retreat includes four turnkey, fully furnished 1-bedroom, 1-bath units, each with a living room and kitchen. This well-maintained complex is beloved by returning guests year after year and delivers strong, consistent rental performance. Some of the recent updates include a new roof (2022), impact doors and windows (2017), new AC units (2022), and relined sewer lines (2023), ensuring peace of mind and reduced maintenance for years to come. Enjoy the ultimate coastal lifestyle: world-class fishing, a full-service marina, nature parks, pristine beaches, and an array of restaurants are all within a short distance. The peaceful, laid-back atmosphere of Casey Key paired with direct beach access makes this an irreplaceable location ideal for both investors and vacationers. Please do not disturb tenants, look through windows, or speak to guests. Whether you’re expanding your hospitality portfolio or looking for a dream beachfront retreat with strong rental income, Casey Key Retreat checks every box. For more information, contact us today to schedule a viewing!
Multi-familyProperty Type
1979Year Built
0.54 acresLot Size
$1,221Price/Sq.Ft.
Listed by Sam Beaugrand• LASBURY-TRACY REALTY INC.
Contact: 941-474-5585
Bought with Angelia Young• LEGACY COASTAL REAL ESTATE
As the MLS and public records start to fill up, we'll list the details here.
Public record
Public record
Zoning
Permits
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Style
Single Family Residential
County
Sarasota County
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Last updated by owner on Feb 21, 2017.
RMF-1
Multi-Family District
The RMF Districts permit multifamily residential densities, which may take the form of a variety of housing types, including single-family detached, lot line, traditional, patio, villa, atrium, duplex, townhouse, multiplex, or apartment units. These districts are used in areas having convenient access to both collector and arterial streets, and nearby civic and commercial uses, as well as employment opportunities; The RMF Districts are generally used to implement the Comprehensive Plan within those areas shown as Medium Density Residential, High Density Residential, Office Multifamily Residential Areas and Corridors, and Town and Village Centers on the Future Land Use Map, on the Barrier Islands where the application of the district would not increase the density of development or hamper hurricane evacuation planning and disaster mitigation efforts, and Developments of Regional Impact. The RMF Districts, while not a primary implementing district, may also be allowed in Regional, Community, Village I, Village II, and Neighborhood Commercial Centers. Appropriate densities within the Medium Density and High Density Residential areas shall be guided by the density ranges as outlined in Future Land Use Policy 1.1.1, Objective 2.3, and Policy 2.3.1 of the Comprehensive Plan. These densities shall also be determined, in part, by the land use designations and developed residential areas surrounding the parcel.
Permitted uses
Include but are not limited to:
Community / recreation center
Day care facility
Housing-Group
Housing-Single unit
Housing-Multiple units
Housing-Senior
Housing-Student
Infrastructure
Wastewater treatment
Park & open space
Apr 29, 2024 • Final
Residential mechanical
Perform a full replacement of the ductwork.
HVAC
Oct 19, 2023 • Final
Residential mechanical
Replace the existing heating and air conditioning system with a new split system and electric heat.
HVAC
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Property details
Interior
Virtual Tour
Laundry Room Information
Laundry Features: Common Area
Heating & Cooling
Heating Information: Central
Cooling Information: Central Air
Interior Features
Interior Features: Living Room/Dining Room Combo, Open Floorplan
Exterior
Building Information
Construction Materials: Block, Stucco, Vinyl Siding, Frame
Roof: Shingle
Exterior Features
Patio And Porch Features: Covered, Deck, Rear Porch