Active
$4,500,000
Est. $29,726/mo

534 Beach Rd, Sarasota, FL, 34242

$1,636/sqft·Sarasota Beach

3 bd4 ba2,750 sqft2 car garageCondominium
Listed by PREMIER SOTHEBY'S INTERNATIONAL REALTY· Last updated · MLS# A4675609

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Est. monthly payment
$29,726/mo
Down payment (20%)
$900,000
Property taxes
$4,007/mo
Rate assumed
6.8% · 30 yr
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At a glance

Condo
3 stories · 2008
Waterfront
Beach Front
2 car garage
Garage Door Opener
Private balcony
Outdoor space
2,750 sqft
Living area

About this home

Built-in FeaturesCeiling Fans(s)ElevatorHigh CeilingsKitchen/Family Room ComboLiving Room/Dining Room ComboOpen FloorplanPrimary Bedroom Main Floor

534 Beach Rd is a 2008-built home in Sarasota Beach, Sarasota. Inside you'll find 3 bedrooms, 4 bathrooms, and 2,750 square feet of living space. Listed at $4,500,000 (about $1,636/sqft), 230 days on market. Flood zone VE - confirm flood insurance requirements with your lender.

From the listing

Repriced to the market - reduced $500,000! An exquisite Gulf-front penthouse - a private third floor residence with a loft and private rooftop deck overlooking Siesta Key’s pristine sands. Immerse yourself in the ultimate coastal luxury lifestyle with this spectacular Gulf-front penthouse, in an exclusive 3-residence boutique building, where each home occupies its private floor. Just near the world-renowned powdery quartz sands of Siesta Beach, this one-of-a-kind 3-bedroom, 3.5-bath residence offers breathtaking, unobstructed panoramic views of the azure Gulf waters and vibrant sunsets from nearly every room. Designed for the beach-loving connoisseur, this exceptional home features 3 spacious bedrooms, including 2 private suites, each with spa-inspired baths and floor-to-ceiling windows showcasing endless Gulf vistas. A second-story bonus room with a half bath provides a versatile space ideal for a media room, home office or guest retreat, all while offering stunning rooftop views. From the moment you get off the private-stop elevator directly into your full-floor residence, you’re met with sweeping Gulf views framed by walls of glass, filling the interiors with natural light and seamless indoor-outdoor ambiance. The expansive open-concept living space is ideal for everyday living and entertaining. The gourmet kitchen is a chef’s dream, featuring premium appliances, sleek modern cabinetry and elegant stone countertops. Travertine and rich wood flooring add warmth and refinement throughout. The magnificent rooftop terrace offers complete privacy for sunbathing, entertaining, or unwinding while enjoying soothing sea breezes and postcard-worthy sunsets. Additional luxury amenities include a secure lobby, a rare 2-car tandem garage with private driveway and private elevator access, delivering the comfort and privacy typically found only in single-family beachfront estates. On ground level, an inviting shaded outdoor lounge and dining area with a built-in grill creates the ideal setting for alfresco meals under the stars, all just a short distance along a private shell path to the soft white sands of Siesta Beach. Beyond the beach, enjoy the vibrant energy of Siesta Village, with boutique shopping, fine dining and lively nightlife just minutes away. If you value privacy, exclusivity and full-floor living paired with direct beach access, this extraordinary penthouse presents a rare opportunity to own one of Siesta Key’s most desired Gulf-front residences.

The essentials

Built
2008
Price / sqft
$1,636
On market
266 days
Annual tax
$48,089
Flood zone
VE
Lot
6,329 sqft
Type
Condominium

Location

534 Beach Rd
Sarasota, FL, 34242·34242 - Sarasota/Crescent Beach/Siesta Key
Type
Condominium
Year Built
2008
Lot
6,329 sqft
Cooling
Central Air, Zoned
Heating
Central, Electric, Zoned
Parking
Garage Door Opener
Waterfront
Beach Front, Gulf/Ocean
Days on Market
266
Built-in Features
Ceiling Fans(s)
Elevator
High Ceilings
Kitchen/Family Room Combo
Living Room/Dining Room Combo
Open Floorplan
Primary Bedroom Main Floor
Stone Counters
Thermostat
Walk-in Closet(s)
Window Treatments
Balcony
Outdoor Grill
Outdoor Shower
Private Mailbox
Sliding Doors
Storage
Sidewalks
Bar Fridge
Built-in Oven
Dishwasher
Disposal
Dryer
Electric Water Heater
Microwave
Range
Range Hood
Refrigerator
Washer

Elementary

Phillippi Shores Elementary

Middle

Brookside Middle

High

Sarasota High

Districts can re-zone, so verify directly with the district before relying on these.

Flood Zone VE

Annual Tax (2025)

$48,089

Parcel #

0082136003

Taxes reflect the most recent assessment in the MLS feed. Actual tax owed can vary, so confirm with the county property appraiser before closing.

Subdivision

Sarasota Beach

County

Sarasota

MLS Area

34242 - Sarasota/Crescent Beach/Siesta Key

Lot Size

6,329 sqft

FloodZoneKey Lot
Date
Event
Price
8/6/2026
Price change
Source: Stellar MLS #A4675609
$4,500,000-10.0%
$1,636/sqft
12/19/2025
Listed for sale
Source: Stellar MLS #A4675609
$5,000,000
$1,818/sqft
Est. monthly payment$29,727/mo
Principal & interest$23,469
Property taxes$4,007
Insurance$2,250
Down payment20% · $900,000
Interest rate6.80%
Loan term

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Property taxes are this home's actual annual bill from the MLS, divided by twelve. Insurance estimated at 0.60%. Rate defaults to 6.8% on a 30-year fixed. Tap a pencil to use your own numbers. Estimates only, not a loan quote.

Offer Insights

Choose an offer strength

List price: $4,500,000
$4.29M – $4.50M
95.2% – 100% of listTops out right at the list price
80% of listList price
35 of the last 68 condo closings in 34242 landed at this number or higher (51%). The median one sat 126 days before it went under contract, and this one is on day 266 after a $500,000 cut.

Sample: 68 closed condo sales in 34242 over the last 8 months, Stellar MLS. A starting point, not a guarantee.

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