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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

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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.

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
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

PROPERTY TAXES

Parcel Number
0108-17-0043
Land Assessment
$867,900
Improvements Assessment
$875,000
Total Assessment
$1,742,900
  • Listing ID: 39126628

  • Date on Market: 1/17/2026

  • Last Updated:

  • Address: 6905 Point of Rocks Rd, Sarasota, FL 34242

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