302 And 304 Canal Rd, Sarasota, Florida

  • MLS #: A4652507
  • Price: $2,950,000
  • Beds: 6
  • Baths: 6
  • Square Feet: 2370
1 of 85
  • City: SARASOTA
  • Zip Code: 34242
  • Subdivision: SARASOTA BEACH
  • Year Built: 1985
  • Status: Active
  • DOM: 3 days
  • Lot Size: 0 to less than 1/4

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Property Description

A rare Siesta Key investment powerhouse! This exceptional upper/lower duplex offers a unique and lucrative opportunity just steps from the vibrant heart of Siesta Key Village. Boasting coveted RMF 1 zoning, this property is perfectly positioned for high-demand, short-term rentals. Each of the two private units features an ideal 3-bedroom, 3-bathroom layout, maximizing rental potential for families and groups. After a day at the nearby world-famous beach, guests can unwind in the shared pool and hot tub, a premier amenity that drives bookings. With pro forma projections forecasting gross annual sales in excess of $300,000, this is a turnkey cash-flow machine for the savvy investor's portfolio. Don't miss this chance to own a high-performing asset in one of the nation's top vacation destinations. Offered individually or as part of a premier Siesta Key investment portfolio.""A unique opportunity to acquire a strategic portfolio; inquire for details.""Create an instant rental portfolio: This property can be packaged with other available assets.""Ideal for a 1031 Exchange, with options to acquire a larger package."

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    • Miscellaneous Info

    • Subdivision: Sarasota Beach
    • Annual Taxes: $24,597
    • Lot Size: 0 to less than 1/4
    • Schools

    • Elementary: Phillippi Shores Elementa
    • High School: Sarasota High
    • Home Features

    • Appliances: Dryer, Microwave, Refrigerator, Washer
    • Flooring: Wood
    • Air Conditioning: Central Air
    • Exterior: Lighting, Other, Sidewalk
    • Garage Features: Driveway

    Listing data source: MFRMLS - IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS.

    Thanks to DALTON WADE INC for this listing.

    Last Updated: 06-21-2025