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5228 Calle Menorca, Sarasota, FL 34242
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5228 Calle Menorca
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Priced at Only: $3,075,000
For more Information Call:
Address: 5228 Calle Menorca, Sarasota, FL 34242
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Virtual Tour
More Like This
  • MLS#: O6377280 ( ResidentialIncome )
  • Street Address: 5228 Calle Menorca
  • Viewed: 2
  • Price: $3,075,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1965
  • Bldg sqft: 0
  • Bedrooms: 9
  • Total Baths: 6
  • Days On Market: 2
  • Additional Information
  • Geolocation: 27.2747 / -82.5637
  • County: SARASOTA
  • City: Sarasota
  • Zipcode: 34242
  • Subdivision: Sarasota Beach
  • Provided by: BEYCOME OF FLORIDA LLC
  • DMCA Notice
  • Description
    Discover an exceptional income generating property in the heart of coveted Siesta Key! This fully renovated multi unit compound features two spacious 3 bedroom, 2 bathroom units (one upstairs, one downstairs) currently operating as three separate Airbnb Superhost listings. With an impressive $393,000 gross income in 2023 and $350,000 in 2024 (despite hurricane related downtime), this turnkey investment provides immediate cash flow and includes a complete management team and established brand. The property boasts recent upgrades including brand new AC (2025), updated flooring (2024 2025), modernized plumbing (2024), electrical (2022), and refreshed hot tubs (2021). What sets this opportunity apart is its CG zoning with a special exemption for nightly rentalsa rare advantage that not only protects your rental business but also unlocks significant development potential. Future possibilities include constructing an 85 foot building with ground floor parking, 11 two bedroom units, and a stunning rooftop pool. Whether you're seeking an Airbnb rental portfolio or a strategic redevelopment in one of Florida's most desirable beach destinations, this property delivers both immediate income and long term appreciation potential.
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Features
Building and Construction
  • Covered Spaces: 0.00
  • Exterior Features: Lighting, OutdoorGrill, OutdoorShower
  • Living Area: 1998.00
  • Roof: Shingle
Garage and Parking
  • Garage Spaces: 0.00
  • Open Parking Spaces: 0.00
Eco-Communities
  • Pool Features: AboveGround
  • Water Source: Public
Utilities
  • Carport Spaces: 0.00
  • Cooling: CentralAir
  • Heating: Electric
  • Sewer: Other
  • Utilities: CableConnected, ElectricityConnected, WaterConnected
Finance and Tax Information
  • Home Owners Association Fee: 0.00
  • Insurance Expense: 0.00
  • Net Operating Income: 0.00
  • Other Expense: 0.00
  • Pet Deposit: 0.00
  • Security Deposit: 0.00
  • Tax Year: 2025
  • Trash Expense: 0.00
Other Features
  • Country: US
  • Interior Features: MainLevelPrimary, Sauna
  • Legal Description: LOT 9 LESS S 3 FT THEREOF BLK 15 SARASOTA BEACH
  • Area Major: 34242 - Sarasota/Crescent Beach/Siesta Key
  • Parcel Number: 0080170029
  • The Range: 0.00
  • Zoning Code: CG
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Discover an exceptional income generating property in the heart of coveted Siesta Key! This fully renovated multi unit compound features two spacious 3 bedroom, 2 bathroom units (one upstairs, one dow

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Nearby Subdivisions
Point O Rocks Terrace Add   Point Of Rocks Terrace   Sabal Palms   Sarasota Beach   Siesta Beach   Siesta Rev Of  
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Headshot for Associate Lumi Bianconi
  1. Lumi Bianconi
  2. Tropic Shores Realty
  3. Mobile: 352.263.5572
  4. Mobile: 352.263.5572
  5. lumibianconirealtor@gmail.com