Melissa Grenon-Schena
Price Reduced 23.42%
Price History
$1,299,900
5/23/2025
$1,199,900
7/8/2025
$1,100,000
8/12/2025
$995,500
10/10/2025
643 CALLE DEL OTONO, Siesta Key, FL, 34242
7 rooms
2 beds
1 Full / 1 Half baths
1961
Cottage, Ranch
725 sqft
Beachside Investment & Retreat — Just 100 Yards from Siesta Key Beach! Price Reduced to $995,500 Own the best of both worlds: a luxury beach getaway you can enjoy personally, and a high-performing short-term rental when you’re not in town. Just 100 yards from the world-famous white sands of Siesta Key Beach, this beautifully renovated 2-bedroom coastal retreat delivers an unbeatable combination of lifestyle, location, and income potential. With estimated short-term rental income between $62,900 and $81,770 annually, this property stands out as a compelling opportunity for buyers seeking a vacation home that can help offset ownership costs—or generate meaningful returns. Inside, you’ll love: A bright, open-concept living area with upscale finishes and natural light A designer kitchen with quartz countertops, a large island, and premium stainless-steel appliances A stylish dining space perfect for entertaining after a day at the beach The spacious primary suite offers a serene escape with a spa-inspired bath and deep soaking tub. The second bedroom features a private exterior entrance, providing ideal separation for guests or renters. Step outside to your tropical oasis—lush landscaping, a private patio for lounging, and an outdoor shower to rinse off after the beach. With no HOA restrictions, recent renovations, and a newly improved price, this is a rare chance to secure a move-in-ready Siesta Key property that shines as both a personal retreat and an income-producing investment. Schedule your private showing today!
Status:
Active
Type:
Single-family residential
Laundry Remarks:
Inside
Subdivision:
SARASOTA BEACH
Garage:
Driveway, On Street
Heating:
Central
Cooling:
Central Air
Levels:
1
Acreage:
0.08
Est. Taxes:
$6,876
Construction
Wood Frame
Utilities
Cable Available, Electricity Connected, Public
Lot Description:
Corner Lot, Flood Insurance Required, FloodZone
Elementary School:
Phillippi Shores Elementary
Middle School:
Brookside Middle
High School:
Sarasota High
Days on Market:
238
Pet Policy:
Yes
Appliances:
Dishwasher, Dryer, Range, Refrigerator, Washer
Min Lease Term:
1 Month
MLS #:
A4653312
Community Info
School Info
Walk Score
Yelp
Listing courtesy of CORAL BAY REALTY LLC 941-465-6278