Listing Details for MLS # A4650169
436 Canal Road Unit A, Sarasota, Fl 34242

Residential Property - Condominium in Sarasota

Listing Price: $1,750,000Days on Market: 84

Description of Property

Investor-ready Siesta Key retreat just steps from the beach! Welcome to 436 Canal Road, a rare 4-story coastal home perfectly positioned only 0.03 miles to world-famous Siesta Key Beach and a quick stroll to Siesta Key Village’s restaurants and shops. This spacious property features 4 bedrooms (top floor bedroom has 2 beds + a breakfast bar, no closet), 3.5 baths, and a rooftop deck with sweeping Gulf views, comfortably sleeping up to 12 guests — ideal for short-term rental income. Zoned for weekly rentals, this home has an estimated gross rental income potential of ~$200,000 annually. Enjoy modern construction with a functional washout-level design, elevator, multiple balconies, and open-concept living areas perfect for entertaining. Presenting an excellent opportunity for investors seeking strong cash flow and appreciation in one of Florida’s top vacation markets. Don’t miss this turnkey investment on Siesta Key — where lifestyle meets income potential!The average asking price for a 3 bedroom/3 bath condominium in this Zip code is $2,872,857. This condominium is listed at about 61% of the average asking price. There are 5 3 bedroom/3 bath homes between $1,400,000 and $2,000,000 currently listed for sale in this Zip code. See other listings like this one »