Exceptional four-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. 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.
Fantastic income producing property just steps to world famous Siesta Beach. Potential renters have options here with two 2 bed 1 bath units and two 1 bed 1 bath units available. There are two covered parking spots, on site laundry, an eclectic and fun common area and creates tons of income, $558,000 gross income 3/2021-3/2022 which is beachfront income without the beachfront price. The location is fantastic with beach access is directly across the street from this property, making it easy for guests to get to an from the beach at any time. Crescent village is just u the street with restaurants, grocery shopping, boutiques as well as fun stuff to do in the sun like boat and jet ski rentals, bike rentals and much more. This property has been very well maintained and is ready for you to start reaping the rewards!
Stellar MLS as Distributed by MLS Grid #A4470044
Jan 31, 2021
Listing Removed
—
Jul 15, 2020
Listed
*
Stellar MLS as Distributed by MLS Grid #A4452746
Jun 17, 2020
Listing Removed
—
Nov 27, 2019
Listed
*
Stellar MLS as Distributed by MLS Grid #A3963364
May 3, 2013
Sold
$935,000
$270/sq ft
Jul 19, 2012
Listed
$984,900
$284/sq ft
Stellar MLS as Distributed by MLS Grid #A3948967
Sep 19, 2011
Listed
*
Stellar MLS as Distributed by MLS Grid #A3941909
Apr 7, 2011
Listed
*
Stellar MLS as Distributed by MLS Grid #A376373
Feb 16, 2008
Listed
*
Public Records
Jun 1, 1987
Sold
$95,000
$27/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$22,342 (−11.5%)
$867,900 + $875,000
$1,742,900
2024
$25,254 (+0.6%)
$950,500 + $1,057,000
$2,007,500
2023
$25,099 (+32.3%)
$1,008,400 + $993,300
$2,001,700
2022
$18,966 (+30.9%)
2021
$14,489 (+6.4%)
2020
$13,623 (+10.8%)
2019
$12,300 (+10.0%)
2018
$11,187 (−4.3%)
$415,500 + $366,400
$781,900
2017
$11,689 (+3.8%)
$415,500 + $392,400
$807,900
2016
$11,256 (+7.5%)
$447,500 + $349,000
$796,500
2015
$10,473 (+12.6%)
2014
$9,302 (+6.1%)
2013
$8,765 (+5.4%)
2012
$8,319
Public record
Public record
Zoning
Permits
Beds
6
Baths
4
Stories
2
Lot width
—
Lot depth
—
Lot size
7,200 Sq. Ft.
Year renovated
2013
Sq. Ft.
3,467
Year built
1993
Style
Multi-Family (2-4 Unit)
County
Sarasota County
APN
0108170043
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 10, 2026.
RMF-1
SKOD
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.
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
Oct 22, 2025 • Final
Commercial alteration
Remove and replace damaged drywall, paint, and flooring in the lower area of a residential building. This work is to repair damage caused by a storm.
Remodel
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: Common, Covered, Driveway
Has Carport
Carport Spaces: 2
Interior
Virtual Tour
Bedroom Information
# of Bedrooms: 6
Laundry Room Information
Laundry Features: Inside
Heating & Cooling
Heating Information: Central
Cooling Information: Central Air
Interior Features
Interior Features: Cathedral Ceiling(s), Ceiling Fans(s), Living Room/Dining Room Combo, Stone Counters, Thermostat, Window Treatments