Income-producing duplex in one of Siesta Key’s most desirable locations, just 0.1 miles to Siesta Key Village and a short 0.3 mile walk to Siesta Key Beach. The property is configured as two separate residences, each offering 2 bedrooms and 1.5 bathrooms, private entrances, full kitchens, in-unit laundry, and spacious living areas. Ideal for investors or buyers looking for a flexible setup with strong income potential. Both units feature bright interiors, updated kitchens with modern appliances, and dedicated dining areas. Comfortable living spaces flow easily throughout, creating a functional and inviting layout. Smart TVs are included throughout, and bedroom layouts offer flexibility for guests or extended use. Upstairs includes two bedrooms with a shared full bathroom, while the additional half bath downstairs add convenience. The outdoor space is designed for the Florida lifestyle, featuring a private heated pool, spa, outdoor dining areas, and multiple lounge spaces. Each unit also includes its own grill and outdoor setup, ideal for entertaining or relaxing. Located in the heart of the Siesta Key Village, you’re within walking distance to dining, shopping, and nightlife, with close proximity to Siesta Key Marina and a short drive to Downtown Sarasota. A rare opportunity to own a high-demand property in one of the Gulf Coast’s most sought-after beach markets.
Est. $12,999 per month, based on comparable rentals
Sale and tax history for 312 Canal Rd
Sale History
Tax History
Date
Event
Price
Stellar MLS as Distributed by MLS Grid #A4688233
May 7, 2026
Sold
$1,525,000
$851/sq ft
Apr 14, 2026
Pending
—
Apr 2, 2026
Listed
$1,899,000
$1,060/sq ft
Stellar MLS as Distributed by MLS Grid #A4450314
Apr 12, 2020
Sold
$1,310,000
$731/sq ft
Nov 4, 2019
Price Changed
$1,449,000
$809/sq ft
Nov 4, 2019
Listing Removed
—
Nov 4, 2019
Price Changed
$1,499,000
$836/sq ft
Nov 1, 2019
Listed
$1,499,000
$836/sq ft
Highly sought after duplex on Siesta Key is now for sale! Use as an investment property; vacation rental or a personal residence (live in one unit and rent the other). Both beautifully updated units consist of 2 bedrooms and 1.5 baths, with in-unit laundry and garage! There is plenty of space to enjoy the views on one of the large covered balconies. The private pool and spacious patio area are ideal for outdoor grilling; and entertaining. RMF Zoning / weekly rentals are allowed, making this a proven income-producing property in and out of season! Local property management companies project a net income of (+/-) $160,000! Located only steps away from the village, with the best shopping, restaurants, and entertainment. While also, mere minutes from the world-famous Siesta Key Beach! This is an opportunity to live in paradise while making money! Don't let this rare opportunity pass you by! The duplex has been completely updated, with new furniture and stainless appliances. The pool has been resurfaced and a new pool pump and heater have been installed. This home is ready to move in or rent out immediately with complete peace of mind.
Property Description
Stilt Home
Stellar MLS as Distributed by MLS Grid #A4450308
Apr 8, 2020
Sold
$1,310,000
$731/sq ft
Mar 9, 2020
Pending
—
Nov 4, 2019
Price Changed
$1,449,900
$809/sq ft
Nov 4, 2019
Relisted
—
Nov 4, 2019
Listing Removed
—
Nov 4, 2019
Price Changed
$1,499,000
$836/sq ft
Nov 1, 2019
Listed
$1,499,000
$836/sq ft
Highly sought after duplex on Siesta Key is now for sale! Use as an investment property; vacation rental or a personal residence (live in one unit and rent the other). Both beautifully updated units consist of 2 bedrooms and 1.5 baths, with in-unit laundry and garage! There is plenty of space to enjoy the views on one of the large covered balconies. The private pool and spacious patio area are ideal for outdoor grilling; and entertaining. RMF Zoning / weekly rentals are allowed, making this a proven income-producing property in and out of season! Local property management companies project a net income of (+/-) $160,000! Located only steps away from the village, with the best shopping, restaurants, and entertainment. While also, mere minutes from the world-famous Siesta Key Beach! This is an opportunity to live in paradise while making money! Don't let this rare opportunity pass you by! The duplex has been completely updated, with new furniture and stainless appliances. The pool has been resurfaced and a new pool pump and heater have been installed. This home is ready to move in or rent out immediately with complete peace of mind.
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.
Zone overlays
Siesta Key Overlay District
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 20, 2026 • Final
Residential mechanical
Install a new air conditioning system.
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
Garage Spaces: 2
Has Attached Garage
Has Garage
Interior
Virtual Tour
Bedroom Information
# of Bedrooms: 4
Bathroom Information
# of Full Baths (Total): 2
# of Half Baths (Total): 2
Laundry Room Information
Laundry Features: Inside
Other Rooms Information
# of Rooms: 3
Heating & Cooling
Heating Information: Central
Cooling Information: Central Air
Interior Features
Interior Features: Ceiling Fans(s), Open Floorplan, Vaulted Ceiling(s)