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$3,600,000

For Sale - Active
6530 Peacock Rd, Sarasota, FL 34242
4 Beds
5 Baths
2,645 Square Feet
0.37 Acres Lot
Built in 2024
For Sale - Active
Units n/a
Checked: 6 hours ago
Updated: Jun 16, 2025 at 03:25AM

Investment Summary


Monthly Cash Flow
-$13,159
Cap Rate
1.8%
Cash-on-Cash Return
-19.1%
Debt Coverage Ratio
0.29
Internal Rate of Return (5 years)
-14.4%

Property Description


0.37 Acres Lot
Built in 2024
For Sale - Active
Units n/a

WELCOME TO YOUR DREAM HOME ON SIESTA KEY!!! LOCATION LOCATION LOCATION! Experience the ultimate in coastal luxury with this stunning new construction home by the renowned Eason Builders Group. Located on the tranquil and exclusive Peacock Road, this four-bedroom, four-and-a-half-bathroom waterfront residence offers a harmonious blend of modern elegance, tropical beauty, and thoughtful design. Be welcomed by sophistication as you enter the great room, where an open floor plan features inviting seating area and expansive sliding doors that bring the tropical breeze inside. The chef-inspired kitchen boasts top-of-the-line appliances, a generous center island, and a bar area with a wine fridge, creating the perfect space for entertaining or preparing gourmet meals. This home’s well-thought-out design includes four spacious bedrooms, each with its own en-suite bathroom adorned with designer finishes, ensuring comfort and privacy for every guest. This property is being offered turnkey furnished, allowing you to move in and start enjoying this exquisite home immediately or continue to use as a successful rental property. Outside, your personal paradise awaits. Surrounded by lush tropical landscaping and breathtaking water views, the outdoor living area features a sparkling pool with a water slide, an in-ground spa, and expansive patios perfect for hosting or relaxing. Located in the heart of Siesta Key, this home offers the ultimate convenience. Just minutes from the renowned Siesta Key Beach—or less than a 10-minute walk—you can enjoy the powdery white sand and turquoise waters with ease. The home is also close to local restaurants, marinas, boutique shopping, and Sarasota’s vibrant arts and culture scene. Whether you’re seeking a serene personal retreat or a lucrative investment property with weekly rentals allowed, this home delivers it all. Don’t miss this rare opportunity to own a piece of paradise where luxury, breathtaking views, and the Siesta Key lifestyle come together to create your perfect coastal haven.

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Location


Property Details


Parking

  • Description: Curb Parking, Driveway, Garage Door Opener, Ground Level, On Street
  • Details: Driveway, Garage Door Opener, On Street, Attached
  • Garage Spaces: 2
  • Spaces Total: 0

Bedroom Information

  • # of Bedrooms: 4

Bathroom Information

  • # of Baths (Full): 4
  • # of Baths (Partial): 1
  • # of Baths (Total): 5.0

Interior Features

  • # of Rooms: 6

Exterior Features

  • Foundation: Slab
  • Roof Material: Metal
  • Pool: Yes

Land Information

  • Land Use: Residential
  • Land Use Subtype: General - Single

Lot Information

  • Parcel ID: 0108080018
  • Lot Size: 16125 sqft

Property Information

  • Property Type: Single Family Residence
  • Year Built: 2024

Tax Information

  • Annual Tax: $12,792

Utilities

  • Water & Sewer: Public
  • Heating: Central
  • Cooling: Central Air

Location

  • County: Sarasota

Listing Details


Listed by:
Christy Travis
RE/MAX ALLIANCE GROUP
(941) 545-5284

Source:
Stellar MLS
MLS#: A4634759
Stellar MLS

Investment Summary


Monthly Cash Flow
-$13,159
Cap Rate
1.8%
Cash-on-Cash Return
-19.1%
Debt Coverage Ratio
0.29
Internal Rate of Return (5 years)
-14.4%

Purchase Details

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Purchase price:
$3,600,000
Amount financed:
-$2,880,000
Down payment:
$720,000
Closing costs:
$108,000
Rehab costs:
$0
Initial cash invested:
$828,000
Square feet:
2,645
Cost per square foot:
$1,361
Monthly rent per square foot:
$3.48

Financing Details

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Loan amount:
$2,880,000
Loan to value ratio:
80.0%
Loan type:
Amortizing
Term:
30 years
Interest rate:
6.625%
Principal & interest:
$18,441
Property tax:
$1,066
Insurance:
$644
Private mortgage insurance (PMI):
$0
Monthly payment:
$20,151

Operating Income

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% Rent Monthly Yearly
Gross rent:
$9,200 $110,400
Vacancy loss: (6%)
6% -$552 -$6,624
Operating income:
$8,648 $103,776

Operating Expenses


% Rent Monthly Yearly
Property taxes: (12%)
12%-$1,066-$12,792
Insurance: (7%)
7%-$644-$7,728
Property management: (8%)
8%-$736-$8,832
Repairs & maintenance: (5%)
5%-$460-$5,520
Capital expenditures: (5%)
5%-$460-$5,520
HOA fees: (n/a)
n/an/an/a
Total operating expenses: (37%)
37%-$3,366-$40,392

Cash Flow


Monthly Yearly
Net operating income:
$5,282 $63,384
Mortgage payments:
-$18,441 -$221,292
Cash flow:
$13,159 $157,908