FL
Sarasota
SARASOTA
34242
5228 CALLE MENORCA
5228 CALLE MENORCA, SARASOTA, FL 34242
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Listing Type
Multi Family
Listing Status
Active
50
$3,075,000

Home Details for 5228 CALLE MENORCA

Price
$3,075,000
Type
Residential Income
Bedrooms
9
Bathrooms
6.0
Square feet
1998
Year built
1965
Lot size acres
0.11
County
Sarasota
Garage
Days on site
31
MLS Listing#
O6377280
Property Description

Discover an exceptional income-generating property in the heart of coveted Siesta Key! This fully renovated multi-unit compound features two spacious 3-bedroom, 2-bathroom units (one upstairs, one downstairs) currently operating as three separate Airbnb Superhost listings. With an impressive $393,000 gross income in 2023 and $350,000 in 2024 (despite hurricane-related downtime), this turnkey investment provides immediate cash flow and includes a complete management team and established brand. The property boasts recent upgrades including brand-new AC (2025), updated flooring (2024-2025), modernized plumbing (2024), electrical (2022), and refreshed hot tubs (2021). What sets this opportunity apart is its CG zoning with a special exemption for nightly rentals—a rare advantage that not only protects your rental business but also unlocks significant development potential. Future possibilities include constructing an 85-foot building with ground-floor parking, 11 two-bedroom units, and a stunning rooftop pool. Whether you're seeking an Airbnb rental portfolio or a strategic redevelopment in one of Florida's most desirable beach destinations, this property delivers both immediate income and long-term appreciation potential.

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Property Features
  • Utilities
    • Cable Available
    • Cable Connected
    • Electricity Connected
    • Water Connected
  • Cooling Information
    • Central Air
  • Heating Information
    • Electric
  • Water Features
    • Public
  • House Interior
    • Sauna
Listing Courtesy: BEYCOME OF FLORIDA LLC - 804-656-5007
Listings courtesy of Stellar MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Listing information is provided for consumers? personal, non-commercial use, solely to identify prospective properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Information deemed reliable but not guaranteed. Copyright ©2026 MLS GRID. All Rights Reserved.
Last Updated: 2026-02-02 15:46:15
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EXIT KING REALTY
1800 S. Tamiami Trail, Venice, FL 34293
Chet Hockett
License #: 3552572
Sales Representative
Office
941 497 6060
Agent
941 599 1042
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