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$6,400,500

662 CALLE DEL OTONO, SARASOTA, FL 34242

Active1 days on market

Beds

0

Baths

0

Sq Ft

5,313 sq ft

Year Built

1992

Lot Size

0.28 acres

Garage

—

About This Property

Steps from Siesta Beach. A brief stroll to the Village. A lifetime away from your tenants worries and cares. Prime Siesta Key investment opportunity at a 7 cap or dream family compound just steps from the world-famous Siesta Key Public Beach! This exceptional multi-family property features two beautifully updated duplexes (totaling 8 bedrooms and 8.5 baths across 5,331 sq ft) on combined large lots, offering flexible zoning for short-term rentals (1-7 days), long-term income, or a luxurious private residence. Enjoy breathtaking Gulf sunrises and sunsets, a heated exotic lagoon-style pool with waterfall, Rocky Mountain quartz deck, professional tropical landscaping (updated 2024/2025), Miami-Dade impact windows/doors, newer roofs/insulation, and meticulous maintenance throughout. One building designed by renowned Lee Wetherington. Wake up to morning coffee overlooking the quartz sands, with Siesta Key Village shops and dining 0.5 miles away. Turnkey, versatile, and perfectly positioned for endless possibilities—your beachfront lifestyle awaits!

Property Overview

Property TypeResidential Income
Sub TypeDuplex
MLS #A4708838
StatusActive
Year Built1992
ConstructionBlock, Stucco, Vinyl Siding
RoofMetal
FoundationBlock, Slab, Stilt/On Piling
SubdivisionSARASOTA BEACH
CountySarasota
OwnershipFee Simple
FurnishedTurnkey

Interior Features

InteriorCeiling Fan(s), Crown Molding, Eating Space In Kitchen, Kitchen/Family Room Combo, Living Room/Dining Room Combo, Open Floorplan, PrimaryBedroom Upstairs, Solid Surface Counters, Solid Wood Cabinets, Split Bedroom, Stone Counters, Thermostat, Walk-In Closet(s), Window Treatments
FlooringCarpet, Ceramic Tile, Luxury Vinyl
AppliancesCooktop, Dishwasher, Disposal, Dryer, Electric Water Heater, Exhaust Fan, Microwave, Range, Refrigerator, Washer
LaundryInside
WindowsLow-Emissivity Windows, Storm Window(s)
CoolingCentral Air
HeatingElectric, Heat Pump
SecuritySmoke Detector(s)

Exterior & Lot

ExteriorBalcony, Courtyard, Garden, Lighting, Outdoor Grill, Outdoor Kitchen, Private Entrance, Private Yard, Sliding Doors, Storage
Other StructuresGuest House, Shed(s)
Lot Size0.28 acres (12,150 sq ft)
Lot FeaturesCorner Lot, FloodZone, In County, Landscaped, Near Public Transit, Sidewalk
Road SurfacePaved, Asphalt
ViewGarden, Pool, Water

Pool & Spa

Private PoolYes
Pool FeaturesIn Ground, Deck, Heated, Lighting, Self Cleaning

Utilities

WaterPublic
SewerPublic Sewer
UtilitiesElectricity Connected, Fiber Optics, Public, Sewer Connected, Water Connected

Parking

GarageNo

HOA & Community

HOANo
Senior CommunityNo

Financial Details

List Price$6,400,500
Annual Taxes$21,150 (2025)
FinancingCash, Conventional, Other
ZoningRMF1
Parcel #0107030041

Schools

ElementaryPhillippi Shores Elementary
MiddleBrookside Middle
HighSarasota High

Directions

from beach road take Avenida del Mare to the corner of Avenida Del Mare and Calle de Otono. The Property spans the corner lot.

Location

662 CALLE DEL OTONO, SARASOTA, FL 34242

Listing Information

OfficeKW SUNCOAST
ListedOctober 8, 2026

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Home Price

$6,400,500

20% ($1,280,100)
6.75%

Loan Term

Principal & Interest$33,211
Property Tax (est.)$5,867
Insurance (est.)$150
Total Monthly$39,228
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Nearby Schools

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Listing information is deemed reliable but not guaranteed. All measurements and data should be independently verified. This information is provided by the Stellar MLS. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed. IDX information is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: October 9, 2026.

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