316 Beach Road Sarasota, FL 34242

$5,499,000
8
Beds
9
Baths
0.13
Acres
4,681
SQFT
1175
$/SQFT
$5,499,000
8
Beds
9
Baths
4,681   sf
$1175 / sf
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Just steps from the shoreline, this coastal home offers deeded beach access and sweeping panoramic views of the Gulf. Completely remodeled in 2021, the property lives and performs like new construction, blending modern coastal design with durable, rental-ready finishes throughout.Thoughtfully designed across three living levels and serviced by a private elevator, the home features 8 bedrooms, 8 full baths, and 2 half baths, with expansive gathering spaces suited for both everyday living and hosting. With a proven track record as a high-performing short-term rental, the property generates approximately $400,000 to $500,000 annually, offering strong income potential alongside its lifestyle appeal. The top floor serves as the heart of the home, where the main kitchen and primary living area open directly to a Gulf-facing balcony showcasing breathtaking, unobstructed water views. This elevated vantage point creates a stunning backdrop for daily living, with the kitchen, dining space, and great room all positioned to take in the scenery.A secondary club room with wet bar provides an additional space to gather, while multiple balconies throughout the home frame the coastal setting from different vantage points, including select bedroom suites. Below, the outdoor living space features a private pool and integrated spa surrounded by lush landscaping, along with a fully equipped outdoor kitchen with built-in grill, refrigeration, and dining area.All eight bedroom suites offer ensuite baths and generous accommodations, with several enjoying Gulf views and private balcony access. Located near beach access and Siesta Key Village, this is a rare opportunity to own a fully renovated coastal home that delivers both luxury living and compelling investment performance.

Just steps from the shoreline, this coastal home offers deeded beach access and sweeping panoramic views of the Gulf. Completely remodeled in 2021, the property lives and performs like new construction, blending modern coastal design with durable, rental-ready finishes throughout.Thoughtfully designed across three living levels and serviced by a private elevator, the home features 8 bedrooms, 8 full baths, and 2 half baths, with expansive gathering spaces suited for both everyday living and hosting. With a proven track record as a high-performing short-term rental, the property generates approximately $400,000 to $500,000 annually, offering strong income potential alongside its lifestyle appeal. The top floor serves as the heart of the home, where the main kitchen and primary living area open directly to a Gulf-facing balcony showcasing breathtaking, unobstructed water views. This elevated vantage point creates a stunning backdrop for daily living, with the kitchen, dining space, and great room all positioned to take in the scenery.A secondary club room with wet bar provides an additional space to gather, while multiple balconies throughout the home frame the coastal setting from different vantage points, including select bedroom suites. Below, the outdoor living space features a private pool and integrated spa surrounded by lush landscaping, along with a fully equipped outdoor kitchen with built-in grill, refrigeration, and dining area.All eight bedroom suites offer ensuite baths and generous accommodations, with several enjoying Gulf views and private balcony access. Located near beach access and Siesta Key Village, this is a rare opportunity to own a fully renovated coastal home that delivers both luxury living and compelling investment performance.

  • Neighborhood
  • Type
  • Total Baths
  • 1/2 Baths
  • County
    Sarasota
  • Area
    34242 - Sarasota/Crescent Beach/Siesta Key
  • Tax Amount
    $37,822
  • Status
    Active
  • Listing #
    A4683801
  • Built
    1996
  • Lot Size
    0.13
  • Listed on site
    98 days

Listed by:
Kw Coastal Living Iii

Source:
StellarMLS

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Property details

Community Features

  • No HOA
  • Rental Restrictions - 1-7 Days

Property Features

  • Sewer
  • Has Virtual Tour

View

  • Water view
  • Gulf - Full
  • Gulf - Partial

Exterior features

  • Balcony
  • Has garage
  • Garage Attached
  • Pool
  • Pool Below Ground
  • Storage Buildings

Interior Features

  • Central Air Conditioning
  • Wet Bar
  • Laundry Hookup
  • Tile - Floors
  • Washer Dryer In Unit

Style

  • Multi Level

Financing

  • Cash
  • Conventional Financing
  • None

Property History

DateDays AgoEventNew Price
Apr 16, 20262 mos agoPrice decreased251,000 (4%)$5,499,000
Feb 25, 20263 mos agoNew on market$5,750,000
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