527 Beach RoadNew Construction Home in Sarasota, FL
Sarasota, FL 34242 · Sarasota County
$2,950,000
$1341/sq ft
Photos of 527 Beach Road
1 / 5About this home
Pre-Construction. To be built. PRE-CONSTRUCTION LUXURY DUPLEX ON SIESTA KEY — TWO APPROX. 2,200-SF RESIDENCES NEAR SIESTA KEY BEACH & VILLAGE. Introducing a rare pre-construction opportunity at 527 Beach Road in the heart of Siesta Key. This proposed luxury up-and-down duplex with approved nightly rentals is designed as two spacious, independent residences, each offering approximately 2,200 square feet of conditioned living space, 4 bedrooms and 4.5 bathrooms. The elevated design features ground-level covered parking, separate private entrances, elevator access and storage, with the residences positioned above to maximize privacy and usable living space. Each approximately 2,200-SF residence is envisioned with an open-concept great room, gourmet kitchen with oversized island, dining area, generous bedroom suites, luxury primary suite and covered outdoor living areas. Modern coastal/West Indies architecture, expansive glass and upscale finishes create the feel of a custom Siesta Key residence. Outdoor living is a major part of the concept, with two separate private pool areas—one designated for each residence—plus private/separated rooftop entertaining areas envisioned with lounge space, dining and outdoor kitchens. The property sits on an approximately 7,379-SF / 0.169-acre homesite at 527 Beach Road, providing an exceptional Siesta Key location close to the beach, restaurants, shopping and Siesta Key Village. The lot size is documented in the current concept package. Pre-construction opportunity. Approximately 4,400 SF total conditioned living area / approximately 2,200 SF per residence. Final plans, dimensions, specifications, pools, rooftop areas, construction schedule, rental eligibility and all improvements are subject to final architectural design, engineering, permitting and Sarasota County approval. Renderings are conceptual and for illustrative purposes only
Home details and costs
- MLS number
- TB8542235
- Property type
- 1/2 Duplex
- Build stage
- Pre-Construction
- Heated square feet
- 2,200 sq ft
- Total under roof
- 2,200 sq ft
- Stories
- 2 Story
- Lot size
- 0.17 acres
- Subdivision
- Sarasota Beach
- HOA fee
- No HOA
- Annual property tax
- $18,981 (current assessment)
- Days on market
- 35 days
Heads up on that tax figure. On new construction, the number in the MLS is often the tax on the bare lot, not the finished home. Expect it to jump once the county reassesses with the house on it. How Florida reassesses new builds
What would this home actually cost per month?
Pre-filled with this listing's price and HOA. Adjust anything to match your situation.
Estimated monthly payment
$22,504
$295,000 down (10%) on a $2,655,000 loan
- Principal and interest
- $16,781
- Property tax (estimated)
- $4,350
- Homeowners insurance
- $267
- PMI (under 20% down)
- $1,106
CDD defaults to zero, and that is often wrong.Many Tampa Bay new-construction communities carry a Community Development District assessment of roughly $1,500 to $3,000 a year on top of HOA, and it is rarely included in a builder's payment estimate. Ask whether this address is in a CDD before you budget.
The tax figure in the MLS looks like a bare-lot assessment. It lists $18,981 a year, while taxing this purchase price works out closer to $52,200. On new construction the county reassesses once the house is finished, so budget from the higher number.
Estimates only. Actual taxes, insurance, and assessments vary by address and change year to year.
Get the real numbers on this homeWhat is negotiable on this home?
Here is what this listing's numbers say about the builder's position.
On the market 35 daysContext
Still relatively fresh. Expect the sales office to hold firmer here than on inventory that has been sitting.
Pre-constructionContext
Nothing is built yet, so there are no carrying costs pressuring the builder. The trade is that you get design-center control and first pick of lots instead.
Where builders actually give
Rarely on the published base price. It sets the comp for every unsold home behind this one, and protecting it protects their appraisals. The real room is in closing cost credits, interest rate buydowns, and upgrades moved into the base. Asking for the right one in the right order is most of the job.
Virtual tour
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Listed by People's Trust Realty. Listing data provided courtesy of Stellar MLS via Bridge Interactive. Information is deemed reliable but not guaranteed and is provided for consumers' personal, non-commercial use. 527 Beach Road, Sarasota, FL 34242 is presented by Barrett Henry, REMAX Collective. Prices, availability, and incentives change without notice.