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The Beverly Siesta Key 6905 Point of Rocks Rd 5 Room Hotel Sarasota, FL 34242 $2,950,000 ($590,000/Room) 10.70% Cap Rate



EXECUTIVE SUMMARY
Exceptional five-unit boutique coastal investment ideally positioned on Siesta Key, directly across the street from public beach access to one of the nation’s top-rated beaches. This intimate property has been thoughtfully operated as a high-performing short-term rental, blending resort-style appeal with strong, proven income.
The complex is professionally managed and offered fully turnkey, allowing a new owner to seamlessly step into a stabilized operation from day one. Guests are drawn to the unbeatable location, walkability to the beach, and the charm of a small, boutique-style accommodation, attributes that consistently drive repeat stays and premium nightly rates.
An approximately $2.2 million assumable loan enhances the investment profile, while strong financials underscore the property’s exceptional performance. With no rental restrictions, limited comparable inventory on Siesta Key, and enduring demand for high-quality coastal stays, this asset represents a rare opportunity to acquire a trophy boutique hospitality investment in one of Florida’s most coveted beach markets.
The complex is professionally managed and offered fully turnkey, allowing a new owner to seamlessly step into a stabilized operation from day one. Guests are drawn to the unbeatable location, walkability to the beach, and the charm of a small, boutique-style accommodation, attributes that consistently drive repeat stays and premium nightly rates.
An approximately $2.2 million assumable loan enhances the investment profile, while strong financials underscore the property’s exceptional performance. With no rental restrictions, limited comparable inventory on Siesta Key, and enduring demand for high-quality coastal stays, this asset represents a rare opportunity to acquire a trophy boutique hospitality investment in one of Florida’s most coveted beach markets.
FINANCIAL SUMMARY (ACTUAL - 2025) Click Here to Access |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Net Operating Income |
-
|
-
|
FINANCIAL SUMMARY (ACTUAL - 2025) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
PROPERTY FACTS
| Price | $2,950,000 | Lot Size | 0.18 AC |
| Price Per Room | $590,000 | Building Size | 3,467 SF |
| Sale Type | Investment | No. Rooms | 5 |
| Cap Rate | 10.70% | No. Stories | 2 |
| Property Type | Hospitality | Year Built/Renovated | 1993/2023 |
| Property Subtype | Hotel | Parking Ratio | 0.87/1,000 SF |
| Building Class | C | Corridor | Exterior |
| Zoning | RMF1 - Residential Multi Family on barrier island (Siesta Key) with no rental restrictions | ||
| Price | $2,950,000 |
| Price Per Room | $590,000 |
| Sale Type | Investment |
| Cap Rate | 10.70% |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 0.18 AC |
| Building Size | 3,467 SF |
| No. Rooms | 5 |
| No. Stories | 2 |
| Year Built/Renovated | 1993/2023 |
| Parking Ratio | 0.87/1,000 SF |
| Corridor | Exterior |
| Zoning | RMF1 - Residential Multi Family on barrier island (Siesta Key) with no rental restrictions |
AMENITIES
- High Speed Internet Access
- Public Access Wifi
- Smoke-Free
- Fully-Equipped Kitchen
- Multi-Room Suites
ROOM MIX INFORMATION
| DESCRIPTION | NO. ROOMS | DAILY RATE | SF |
|---|---|---|---|
| Suite | 5 | $246.00 | - |
PROPERTY TAXES
| Parcel Number | 0108-17-0043 | Improvements Assessment | $875,000 |
| Land Assessment | $867,900 | Total Assessment | $1,742,900 |
PROPERTY TAXES
Parcel Number
0108-17-0043
Land Assessment
$867,900
Improvements Assessment
$875,000
Total Assessment
$1,742,900
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The Beverly Siesta Key | 6905 Point of Rocks Rd
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