Hard to find cash flowing, income opportunity CLOSE TO THE BEACH BUT NOT IN A FLOOD ZONE! There are 4 individual properties totaling 5 total units comprising: 2-2b/1ba and 3-1b/1ba. (addresses:509, 529 & 601 Shore Rd and tax parcel 0168160039) This is a multifamily zoned . 25acre lot with potential to build additional units. It recently appraised at $200k and is included in this price. These vacation rental properties are all well established with glowing reviews on Airbnb with over 100 - 5 star reviews and VRBO with repeat guest stays. The owners website generates direct bookings and is fully set up. Seller will provide the professional photography and other marketing materials for you to take over with ease. More than $74,000 reservations on the books. Desirably located where renters pay to be, 1/2 a mile, 10 min walk or short bike ride to the beach and close to shops, restaurants and the Legacy Trail. Very secure and private resort feel. The salt water pool is located in the center for all guests convenience, it is completely screened in as a stand-alone pool with a paver patio and a sun shelf for lounging inside the pool. Heated for year round enjoyment. All units have been updated and have laundry use available. Each one is decorated in its own coastal theme and fully furnished. 4 have a private screened lanai and 1 has an open patio with a waterfall feature. Easy check-ins with keyless entry. Guests enjoy high-speed internet, free use of beach towels, chairs, umbrellas, bicycles, and bbq's. Great investment opportunity to produce income whether you have a property manager or want to live in one and run your own business while living the wonderful Florida lifestyle! So much potential for growth. Call/text for showings or more information!
Multi-familyProperty Type
1978Year Built
0.93 acresLot Size
$395Price/Sq.Ft.
2 car garageParking
Listed by Annette Forsberg• S & D REAL ESTATE SERVICE LLC
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Permits
Beds
3
Baths
2
Stories
1
Lot width
—
Lot depth
—
Lot size
0.26 Acres
Year renovated
2005
Sq. Ft.
1,152
Year built
1945
Style
Multi-Family (2-4 Unit)
County
Sarasota County
APN
0168160034
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 10, 2026.
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 19, 2024 • Active
Residential mechanical
Replace the air conditioning unit with a similar model.
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
Parking
Parking Information
Parking Features: Guest
Garage Spaces: 2
Has Attached Garage
Has Garage
Interior
Virtual Tour
Laundry Room Information
Laundry Features: Inside, In Garage, Laundry Room
Other Rooms Information
Additional Rooms: Attic
Heating & Cooling
Heating Information: Central
Cooling Information: Central Air, Mini-Split Unit(s)
Interior Features
Interior Features: Ceiling Fans(s), Eat-in Kitchen, Living Room/Dining Room Combo, Open Floorplan, Pest Guard System, Solid Surface Counters, Solid Wood Cabinets, Split Bedroom, Thermostat, Window Treatments
Appliances: Built-In Oven, Dishwasher, Disposal, Dryer, Electric Water Heater, Exhaust Fan, Ice Maker, Microwave, Refrigerator, Tankless Water Heater, Washer
Flooring: Laminate, Tile, Tile, Vinyl
Multi-Family Financial Information
Annual Net Income: 60000.00
Multi-Unit Information
Unit Number YN: 0
# of Units (Total): 5
# of Units: 5
Furnished: Yes
Unit Type 1 Information
# of Units: 1
Unit Type 2 Information
# of Units: 1
Unit Type 3 Information
# of Units: 1
Unit Type 4 Information
# of Units: 1
Unit Type 5 Information
# of Units: 1
Exterior
Building Information
Construction Materials: Block, Stucco, Wood Frame
Roof: Metal, Shingle
Exterior Features
Patio And Porch Features: Covered, Enclosed, Screened
Pool Features: Heated, In Ground, Lighting, Salt Water, Screen Enclosure
Property Features
Universal Property Id: US-12115-N-0168160031-R-N
Waterfront Information
Waterfront Feet Total: 0
Water View Y/N: 0
Water Access Y/N: 0
Water Extras Y/N: 0
Property Information
Total Num Buildings: 3
CDD Y/N: 0
Homestead Y/N: 0
Property Type: Residential Income
Property Sub Type: Multi-Family
Property Condition: Completed
Attached Property
Zoning: RMF1
Land Information
Total Acreage: 1/2 to less than 1
Lot Information
Number Of Lots: 3
Lot Features: In County, Level, Paved
Lot Size Acres: 0.92
Road Surface Type: Paved
Road Responsibility: Public Maintained Road
Lot Size Square Meters: 3764
Building Information
MFR_BuildingAreaTotalSrchSqM: 472.04
Financial
Tax Information
Tax Annual Amount: $4,774.51
Tax Year: 2020
Lease / Rent Details
Lease Restrictions YN: 0
Utilities
Utility Information
Water Source: Public
Sewer: Septic Tank
Utilities: BB/HS Internet Available, Electricity Available, Electricity Connected, Public, Street Lights, Underground Utilities, Water Available, Water Connected
Location
HOA Information
Association Approval Required Y/N: 0
Location Information
Directions: Turn north on Shore rd from Albee rd just before the bridge to Casey Key, follow shore until you reach 601 on your left. Yellow house pink flamingos. Driveway on right side of 601 Shore Rd.
Community Information
Community Features: Pool
Pets Allowed: Yes
Public facts
Beds: 3
Baths: 2.0
Sq. Ft.: 1,152
Stories: 1.0
Lot Size: 0.26 acres
Style: Multi-Family (2-4 Unit)
Year Built: 1945
Year Renovated: 2005
County: Sarasota County
APN: 0168160034
Home facts updated by county records on Jul 10, 2026