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Short-Term Rental Portfolio with Community Pool
For Sale
$1,300,000

170 ROOSEVELT Drive, Sarasota, FL 34236

MULTI_FAMILY - SARASOTA, FL

Property Size294 SF
Lot Size0.90 Acres
Price / SF$4,421
Days on Market271

Property Features for 170 ROOSEVELT Drive

General Information

Property type Residential Multi Family
Property subtype Triplex
Zoning RMF3
Bathrooms 4
Full bathrooms 4
Rooms Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4
Interior features Ceiling Fans(s), Open Floorplan, Solid Wood Cabinets, Stone Counters, Thermostat, Window Treatments
Exterior features Courtyard, Fence, Garden, Storage
Fencing Fenced
Subdivision PELICAN GARDENS
Directions Once you are on Lido go around the circle and take the second exit heading to the beach. Stay on that road past beach and turn left on Roosevelt Dr and community is on the right.
Standard status Active
APN 2016144010
Size 294 SF
Lot size 0.90 Acres

Taxes and HOA fees

Tax Year 2024
Tax Description UNIT 10,11,12, 6 PELICAN GARDENS
Tax Annual Amount 21500
Legal Description UNIT 10,11,12, 6 PELICAN GARDENS

Utilities

Sewer type Public Sewer
Heating system Central
Cooling system Central Air
Water source Public

Amenities

community pool
sliding glass access private patios

Building Details

Year built 1955
Number of units 5
Building materials Block
Roof type Shingle
Additional Structures Storage
Listing Agency: RE/MAX ALLIANCE GROUP · RE/MAX International
Listed By: Joey Lamielle · License #3266793
Added: Nov 4, 2025 Changed: Aug 1 Last Checked: Aug 2 at 12:06PM
MLS# A4670924

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.

Investment Insights

Based on property information with market context.

Four updated studio short-term rental units are offered as a managed, actively listed portfolio in a boutique beachside community. The property includes sliding glass access private patios for each unit, along with a community pool. Interiors feature ceiling fans, an open floorplan, solid wood cabinets, stone counters, a thermostat, and window treatments.

The building is constructed with block and includes central heating and central air conditioning, with a shingle roof. The property is fenced and offers a courtyard, garden, and storage. Public water and public sewer services support the community.

Mechanical updates are documented across the portfolio, including recent A/C and hot water tank replacements. Unit 10 has an A/C of approximately 2 years and a hot water tank under 6 years. Unit 11 has an A/C of approximately 3 years and a hot water tank under 3 years. Unit 12 has an A/C of approximately 2 years. Unit 6 has an A/C of 3 years and a hot water tank of 3 years. Zoned RMF3.

Key Highlights

  • Four updated studio short‑term rental units with private patios
  • Community pool plus courtyard, garden, and storage
  • Block construction with fenced perimeter and sliding glass patio access

Property Analytics

Current Use

Short term rental ...

Suggested Use

Top Pick Building Supply Dental Office Big Box & Wholesale Store Law Firm Pharmacy Hair Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

133
Businesses Nearby

Demographics for 34236, FL

14,083
Population
11,661
Households
1.2
Avg Household Size
66
Median Age
62%
College-Educated
96%
High-School Grad
3.6 sq mi
ZIP Area
3,912
Density / Sq Mi
$96,400
Median Household Income
$48,828
Median Earnings
$2,010
Median Rent
$917,100
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Short term rental property - Four updated studio short-term rental units in an RMF3 block property with central HVAC and a community pool.
Where is this short term rental property located?
The property is located at 170 ROOSEVELT Drive Sarasota, FL.
What is the asking price?
The asking price for this property is $1,300,000.
What are key features of this property?
This property features: Four updated studio short‑term rental units with private patios; Community pool plus courtyard, garden, and storage; Block construction with fenced perimeter and sliding glass patio access
More about this property
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