170 ROOSEVELT DRIVE Sarasota, FL 34236
Triplex - SARASOTA, FL
Type:Triplex
Property size:
294 SFLot size:
0.90 AcresPrice / SF:
$3,367/SF- Added:
- Nov 4, 2025
- Days on Market:
- 179
- Last Refresh:
- May 2 at 3:06 pm
Property Features for 170 ROOSEVELT DRIVE
General Information
- Property type
- Residential Multi Family
- Property subtype
- Triplex
- Zoning
- RMF3
- Pets allowed
- No
- Interior features
- Ceiling Fans(s), Open Floorplan, Solid Wood Cabinets, Stone Counters, Thermostat, Window Treatments
- Exterior features
- Courtyard, Fence, Garden, Storage
- Fencing
- Fenced
- Standard status
- Active
- APN
- 2016144010
- Size
- 294 SF
- Lot size
- 0.90 Acres
Taxes and HOA fees
- Tax Year
- 2024
- Tax Annual Amount
- 21500
- Expense value
- 595
- Expense
- Home Owner Assessments Fee
- Expense freq.
- Monthly
Utilities
- Heating system
- Central
- Cooling system
- Central Air
Building Details
- Year built
- 1955
- Number of units
- 5
- Building materials
- Block
- Roof type
- Shingle
- Architectural style
- Other
- Additional Structures
- Storage
Listing agent Joey Lamielle License #3266793 (941) 350-0016
Listing office RE/MAX ALLIANCE GROUP 2000 Webber Street, Sarasota, FL (941) 954-5454
Listing date Nov 4, 2025
MLS# A4670924
Listing URL
Copyright © 2026 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Overview
Lido Key Income-Producing Triplex
This is a rare opportunity to acquire a fully operating short-term rental portfolio on South Lido Key, one of Sarasota’s most coveted coastal markets. The property includes 3 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 $77,953 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. Interiors have been updated over the years. Major mechanical systems are in good condition, with recent A/C and hot water tank replacements across the portfolio. Unit 10 has been updated with AC approximately 2 years old and a water heater less than 6 years old. Unit 11 has been updated with AC approximately 3 years old and a water heater less than 3 years old. Unit 12 has been updated with AC approximately 2 years old and a water heater less than 3 years old. The property is located on a lot that is 0.9 acres in size.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Triplexes
Location Insight
- Map
- Local Demand
- City
- Sarasota
- County
- Manatee
- State
- Florida
- Longitude
- -82.571252
- Latitude
- 27.308397
Nearby Similar for Sale
FAQs
What type of property is this?
Triplex - Turnkey short-term rental triplex on South Lido Key.
Where is this triplex located?
The property is located at 170 ROOSEVELT DRIVE Sarasota, FL.
What is the asking price?
The asking price for this property is $990,000.
What are key features of this property?
This property features: Rare income‑producing portfolio of 3 turnkey short‑term rental (STR) units on South Lido Key.; Proven income history with 2024 gross income averaging $38,470 per unit and portfolio‑wide net income of $77,953 after expenses.; Located steps from two direct beach access points and a short ride to St. Armands Circle.
