5228 Calle Menorca, Sarasota, FL 34242

Sarasota
Local realty services provided by:Better Homes and Gardens Real Estate Thomas Group
5228 Calle Menorca,Sarasota, FL 34242
$2,550,000
Virtual Tour
  • 6 Beds
  • 4 Baths
  • 2,050 sq. ft.
  • Single family
  • Active
Listed by: steve fingerman
Office: people's trust realty
MLS#:TB8541886
Source:MFRMLS

Price summary

  • Price:$2,550,000
  • Price per sq. ft.:$1,243.9

About this home

Discover an exceptional income producing property in the heart of coveted Siesta Key. This fully renovated multi unit compound features two spacious 3 bedroom, 2 bathroom units, one upstairs and one downstairs, making it ideal for short term rental investors. The current owner is available to continue managing the property for the next owner at only a 10 percent fee, offering a seamless, turnkey transition. The property generated $393,000 in gross income in 2023, $350,000 in 2024 (with two months of downtime due to hurricane impact), and $308,977 in 2025 (still down from hurricane related effects), with 2026 year to date income of $214,000 through July, offering strong and proven cash flow. Recent improvements include new AC (2025), updated flooring (2024 to 2025), modernized plumbing (2024), electrical upgrades (2022), and refreshed hot tubs (2021). What truly sets this property apart is its Commercial General (CG) zoning with a special exemption allowing nightly rentals, a...

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Home facts

  • Year built:1965
  • Subdivision & Development:SARASOTA BEACH
  • Listing ID #:TB8541886
  • Added:21 day(s) ago
  • Updated:September 18, 2026 at 12:57 AM

Rooms and interior

  • Bedrooms:6
  • Total bathrooms:4
  • Full bathrooms:4
  • Flooring:Vinyl
  • Kitchen Description:Dishwasher, Microwave, Range, Refrigerator
  • Living area:2,050 sq. ft.

Heating and cooling

  • Cooling:Central Air
  • Heating:Central, Electric
  • Central air:Yes

Structure and exterior

  • Roof:Shingle
  • Year built:1965
  • Building area:2,050 sq. ft.
  • Lot area:0.1 Acres
  • Construction Materials:Block, Frame
  • Exterior Features:Lighting, Outdoor Grill, Outdoor Shower
  • Foundation Description:Slab
  • Levels:2 Story

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$2,550,000
  • Price per sq. ft.:$1,243.9
  • Tax amount:$13,996 (2025)

Features and amenities

  • Appliances:Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
  • Laundry features:Dryer, Laundry Room, Washer
  • Amenities:Cable Available
  • Pool features:Above Ground, Private Pool
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