$5,249,000
Original: $5,750,000 ▼ Price reduced

316 BEACH RD, Sarasota, FL 34242

Active
8
Beds
10
Baths
4,681
Sq Ft
$1,121
Per Sq Ft
1996
Built
111
Days Listed

About This Property

Just steps from the shoreline, this coastal home offers deeded beach access and sweeping panoramic views of the Gulf. Completely remodeled in 2021, the property lives and performs like new construction, blending modern coastal design with durable, rental-ready finishes throughout. Thoughtfully designed across three living levels and serviced by a private elevator, the home features 8 bedrooms, 8 full baths, and 2 half baths, with expansive gathering spaces suited for both everyday living and hosting. With a proven track record as a high-performing short-term rental, the property generates approximately $400,000 to $500,000 annually, offering strong income potential alongside its lifestyle appeal. The top floor serves as the heart of the home, where the main kitchen and primary living area open directly to a Gulf-facing balcony showcasing breathtaking, unobstructed water views. This elevated vantage point creates a stunning backdrop for daily living, with the kitchen, dining space, and great room all positioned to take in the scenery. A secondary club room with wet bar provides an additional space to gather, while multiple balconies throughout the home frame the coastal setting from different vantage points, including select bedroom suites. Below, the outdoor living space features a private pool and integrated spa surrounded by lush landscaping, along with a fully equipped outdoor kitchen with built-in grill, refrigeration, and dining area. All eight bedroom suites offer ensuite baths and generous accommodations, with several enjoying Gulf views and private balcony access. Located near beach access and Siesta Key Village, this is a rare opportunity to own a fully renovated coastal home that delivers both luxury living and compelling investment performance.

Property Details

TypeSingle Family Residence
Garage2 spaces
Lot0.13 ac
PoolYes
WaterfrontNo
SubdivisionSARASOTA BEACH
HOANo
Tax/yr$37,822
HeatingCentral
CoolingCentral Air
FlooringLuxury Vinyl, Tile
RoofMetal

Listed by KW COASTAL LIVING III · MLS# A4683801

Similar Homes in 34242

View all Homes For Sale in 34242 →

Recently Sold in 34242

6157 MIDNIGHT PASS RD #B12
$440,000
6157 MIDNIGHT PASS RD #B12, 34242
2 bd · 3 ba · 1,332 sqft
Sold Jun 2026
6154 MIDNIGHT PASS RD #A13
$585,000
6154 MIDNIGHT PASS RD #A13, 34242
2 bd · 1 ba · 875 sqft
Sold Jun 2026
5141 SAINT ALBANS AVE
$3,200
5141 SAINT ALBANS AVE, 34242
2 bd · 2 ba · 1,131 sqft
Sold Jun 2026

Properties displayed may be listed or sold by various participants in the MLS

More in Sarasota


Listing information © 2026 My Florida Regional MLS DBA Stellar MLS. All Rights Reserved. Data deemed reliable but not guaranteed. Last updated: 2026-06-16.
IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Schedule a Showing
Rise Team · LPT Realty, LLC
Mike Valdes
Mike Valdes
Rise Team · LPT Realty
(813) 548-5618
Browse More

Monthly Payment

Estimate your all-in monthly cost.

%
%
EST. MONTHLY PAYMENT

Estimate only. Taxes, insurance, and HOA may vary.

🔔

Get notified of similar listings

Be the first to know when a similar home hits the market.

Sign up free to get alerts

Already a member? Log in

Property photo
🤖

Rise AI Assistant

Ask anything about this listing