170 Roosevelt Drive #6, Sarasota, FL 34236

Local realty services provided by:ERA Advantage Realty, Inc.
170 Roosevelt Drive #6,Sarasota, FL 34236
$1,600,000
Virtual Tour
  • - Beds
  • 5 Baths
  • 294 sq. ft.
  • Multi-family
  • Active
Listed by: joey lamielle
Office: re/max alliance group
MLS#:A4670924
Source:MFRMLS

Price summary

  • Price:$1,600,000
  • Price per sq. ft.:$1,088.44
  • Monthly HOA dues:$595

About this home

Rare Income-Producing Portfolio on South Lido Key – 5 Turnkey STR Units A rare opportunity to acquire a fully operating short-term rental portfolio on South Lido Key, one of Sarasota’s most coveted coastal markets. This offering includes five updated studio units within a boutique beachside community just steps from two direct beach access points and a short ride to St. Armands Circle. Each unit is managed, actively listed, and consistently booked, delivering proven performance and strong guest demand year-round. These condos have a long track record as successful Airbnb rentals, with 2024 gross income averaging $38,470 per unit and portfolio-wide net income of $113,255 after HOA, taxes, utilities, and cleaning expenses. This is a cash-flowing, turnkey asset in a high-barrier-to-entry vacation rental market. The property features a community pool and sliding glass access private patios for each unit, creating the indoor/outdoor lifestyle guests expect on Lido. Interiors have

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Home facts

  • Year built:1955
  • Listing ID #:A4670924
  • Added:65 day(s) ago
  • Updated:January 09, 2026 at 01:37 PM

Rooms and interior

  • Total bathrooms:5
  • Living area:294 sq. ft.

Heating and cooling

  • Cooling:Central Air
  • Heating:Central

Structure and exterior

  • Roof:Shingle
  • Year built:1955
  • Building area:294 sq. ft.
  • Lot area:0.9 Acres

Utilities

  • Water:Public
  • Sewer:Public, Public Sewer

Finances and disclosures

  • Price:$1,600,000
  • Price per sq. ft.:$1,088.44
  • Tax amount:$21,500 (2024)
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