TURNKEY. FULLY FURNISHED. INCOME PRODUCING. Welcome to an
exceptional Siesta Key property offering the rare combination of a
fully renovated luxury residence, private tropical setting and
proven rental income. The home is being offered fully
furnished and can include essentially everything needed to operate
and enjoy it immediately-from designer furnishings and decor to
pots, pans, dishes, silverware, linens, towels and other household
essentials. Truly turnkey, the next owner can simply bring a
suitcase and begin enjoying the Siesta Key lifestyle or continue
the established rental operation. Extensively renovated with
a focus on modern comfort, durability and style, the approximately
2,500-square-foot residence features an open, light-filled floor
plan, expansive impact windows and doors, durable wood-grain tile
flooring, custom wood cabinetry, quartz waterfall countertops and
curated designer lighting. The split-bedroom layout offers
privacy and flexibility, making the home equally well suited for
full-time living, family vacations or rental guests. The
spacious primary suite features private outdoor access and a
beautifully renovated bath with a freestanding soaking tub and
oversized marble walk-in shower. Three additional bedrooms are
located on the opposite side of the home, including a junior suite
with its own private bath, floor-to-ceiling marble tile and
oversized picture window overlooking the pool and outdoor living
area. The home comes equipped with a 30-year commercial-grade
roof, high-impact windows and doors throughout, new HVAC, pool
equipment, water heater and major appliances, designer finishes and
bathrooms that feature floor to ceiling marble detailing.
Outside, the property becomes a private tropical retreat. The
heated saltwater pool and screened enclosure are surrounded by lush
landscaping and the expansive double lot provides exceptional
privacy and space for entertaining, relaxing or enjoying the
Florida lifestyle. For the owner-user, this is a beautifully
renovated and fully furnished Siesta Key home requiring little to
nothing to do. For the vacation-home buyer, it offers a private
escape that can generate income when not in use. For the investor,
the established rental history and strong NOI create a compelling
income-producing opportunity. A rare opportunity to acquire a
fully renovated, fully furnished and income-producing Siesta Key
property where luxury, lifestyle and investment potential come
together. Located just blocks from Roberts Bay and less than
one mile from the world-famous sands of Siesta Key Beach, the
location provides convenient access to the beach, dining, shopping
and everything that makes Siesta Key one of Sarasota's most
desirable destinations.
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Own a Rare Piece of Sarasota's Architectural History on Siesta Key!
Step into timeless design and architectural significance with this rare mid-century modern masterpiece, situated on a private double lot in the heart of Siesta Key. Originally crafted in 1957 by Frank Coleman and Tollen Twitchell, two influential figures in the Original Sarasota School of Architecture, this home seamlessly blends historical character with modern luxury.
Boasting 2,500 square feet of light-filled living space, this 4-bedroom, 3-bathroom residence has been meticulously renovated while preserving its original architectural integrity. Clean lines, expansive impact windows, and an open floor plan define the home’s iconic style, inviting the outdoors in and creating a sense of calm sophistication throughout.
Inside, the split floor plan provides distinct zones for privacy and connection. The primary suite is a sanctuary of its own, complete with private access to the outdoors, a luxurious bath featuring a freestanding soaking tub, and a marble-lined walk-in shower. On the opposite side of the home, three additional guest bedrooms provide comfort and style—including a junior suite with its own private bath, full marble detailing, and oversized picture window with views of the pool and deck area.
High-end renovations include: New commercial-grade roof (30-year lifespan); High-impact windows and doors throughout the home; Durable wood-grain tile flooring; Quartz waterfall countertops & custom wood cabinetry in the kitchen; Floor to ceiling marble tile in all bathrooms; All new major appliances including HVAC, pool equipment and water heater; Spray foam insulation throughout the home for an extra layer of protection; and designer finishes and curated lighting throughout.
Step outside to your personal paradise: a heated saltwater pool with screened enclosure, surrounded by lush tropical foliage for complete privacy and serenity. The home is ideally located just blocks from Roberts Bay and less than a mile from the award-winning crystal sands of Siesta Key Beach. A true retreat, the lushly landscaped double lot offers unmatched privacy and space—perfect for entertaining or simply relaxing beneath the tropical canopy.
Whether you're a collector of architectural homes, a beach lover, or simply someone looking for the rare blend of heritage, location, and luxury, this one-of-a-kind property is your opportunity to own an iconic piece of Sarasota’s rich design legacy.
Interior Features: Built-in Features, Ceiling Fan(s), High Ceilings, Open Floorplan, Walk-In Closet(s), Accessibility Features, Eating Space In Kitchen, Kitchen/Family Room Combo, L Dining, Living Room/Dining Room Combo, Pest Guard System, Primary Bedroom Main Floor, Skylight(s), Solid Surface Counters, Solid Wood Cabinets, Split Bedroom, Thermostat
Appliances: Bar Fridge, Oven, Cooktop, Dishwasher, Disposal, Dryer, Electric Water Heater, Exhaust Fan, Microwave, Range Hood, Refrigerator, Washer, Wine Refrigerator
Flooring Type: Tile
Door Features: French Doors, Sliding Doors
Laundry Features: Inside, Laundry Room
Rooms: 7
Has Fireplace
Fireplace Features: Electric, Family Room, Insert, Living Room
Exterior Details
Square Footage: 2450
Square Footage Source: $0
Security Features: Smoke Detector(s)
Property Condition: Completed
Architectural Style: Mid-Century Modern
Year Built: 1957
Building Area Total: 2886
Levels: One
Building Area Units: Square Feet
Window Features: ENERGY STAR Qualified Windows, Storm Window(s)
Construction Materials: Wood Siding, Wood Siding
Patio and Porch Features: Covered, Front Porch, Porch, Rear Porch, Screened
Pool Features: Fenced, Gunite, Heated, In Ground, Salt Water, Screen Enclosure, Tile, Lighting
Pool is Private
Lot Features: Landscaped, Level, Near Public Transit, Private, FloodZone, In County, Oversized Lot
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