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Description
Steps from Siesta Beach. A brief stroll to the Village. A lifetime away from your tenants worries and cares. Prime Siesta Key investment opportunity at a 7 cap or dream family compound just steps from the world-famous Siesta Key Public Beach! This exceptional multi-family property features two beautifully updated duplexes (totaling 8 bedrooms and 8.5 baths across 5,331 sq ft) on combined large lots, offering flexible zoning for short-term rentals (1-7 days), long-term income, or a luxurious private residence. Enjoy breathtaking Gulf sunrises and sunsets, a heated exotic lagoon-style pool with waterfall, Rocky Mountain quartz deck, professional tropical landscaping (updated 2024/2025), Miami-Dade impact windows/doors, newer roofs/insulation, and meticulous maintenance throughout. One building designed by renowned Lee Wetherington. Wake up to morning coffee overlooking the quartz sands, with Siesta Key Village shops and dining 0.5 miles away. Turnkey, versatile, and perfectly positioned for endless possibilities-your beachfront lifestyle awaits!
Property Highlights
Property Type: Multi Unit - Multiple
Cooling: Central Air
Heating: Electric, Heat Pump
Lot Size: 0.28 Acres
Roof Type: Metal
Stories: 3.0
Taxes: $21,150
Year Built: 1992
General Information
Sqft: 5,313
County: Sarasota
High School: Sarasota High
Subdivision: SARASOTA BEACH
Listed By:
Tonna Gruber
KW SUNCOAST
941-792-2000
MLS ID: A4708838
Amenities
Ceiling Fans(s)
Crown Molding
Eat-in Kitchen
Kitchen/Family Room Combo
Living Room/Dining Room Combo
Open Floorplan
PrimaryBedroom Upstairs
Solid Surface Counters
Solid Wood Cabinets
Split Bedroom
Stone Counters
Thermostat
Walk-In Closet(s)
Window Treatments
Balcony
Courtyard
Garden
Lighting
Outdoor Grill
Outdoor Kitchen
Private Entrance
Private Yard
Storage
Property Features
Additional Rooms: Florida Room, Interior In-Law Suite w/Private Entry, Loft, Storage Rooms
Annual Net Income: 407650.00
Appliances: Cooktop, Dishwasher, Disposal, Dryer, Electric Water Heater, Exhaust Fan, Microwave, Range, Refrigerator, Washer
Builder: Lee Wetherington
Days on Site: 2
Directions: from beach road take Avenida del Mare to the corner of Avenida Del Mare and Calle de Otono. The Property spans the corner lot.
Disaster Mitigation: Hurricane Shutters/Windows
Exterior: Block, Stucco, Vinyl Siding
Flood Zone Code: AE
Flooring: Carpet, Ceramic Tile, Luxury Vinyl
Foundation: Block, Slab, Stilt/On Piling
Home Warranty Y/N: No
Listing Terms: Cash, Conventional, Other
Lot: Corner Lot, FloodZone, In County, Landscaped, Near Public Transit, Sidewalk, Paved
Lot Dimensions: 0.28
Other Equipment: Private Entrance, Private Yard
Other Structures: Guest House, Shed(s)
Ownership: Fee Simple
Parking: Driveway, Golf Cart Parking, Ground Level, Guest, Open
Parking Notes: Driveway, Golf Cart Parking, Ground Level, Guest, Open
Patio/Porch: Covered, Deck, Porch, Rear Porch, Side Porch
Pets Allowed: Yes
Pool: In Ground, Deck, Heated, Lighting, Self Cleaning
Property Attached Y/N: No
Property Sub-Type: Duplex
Security: Smoke Detector(s)
Sewer: Public Sewer
Showing Instructions: Call Before Showing, Call Listing Agent
Special Sale Provisions: None
Swimming Pool: Yes
Units: 4
Utilities: Electricity Connected, Fiber Optics, Public, Sewer Connected, Water Connected
Water: Public
Water Access Y/N: No
Water View: Beach, Gulf/Ocean - Partial
Windows: Low-Emissivity Windows, Storm Window(s)
Zoning: RMF1
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662 Calle Del Otono , Sarasota, FL 34242.
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Estimated Payment
$ 25,217.13 per month $21,587.81 Principal & Interest $1,762.50 Property Tax $1,866.81 Homeowner's InsuranceChange Payment Information
About this area
About Sarasota
Sarasota, FL is a cultural gem. Once home to the Ringling Brothers Circus, Sarasota boasts a rich arts scene that brings people from all over the area to enjoy world-class theater, music, and other performing arts. Sarasota is also a haven with spectacular scenery, turquoise water and white sandy beaches. It offers a delightful downtown with a variety of small boutiques and exceptional restaurants. With its dynamic culture and arts scene and incredible natural beauty, Sarasota is a wonderful place to call “home.”
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