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Updated Short-Term Rental Portfolio
For Sale
$1,300,000

10-170 Roosevelt Dr, Sarasota, FL 34236

Four studio condominiums offer managed vacation-rental operations, private patios, and access to a shared pool near the beach.

Property Size294 SF
Price / SF$4,421
Days on Market286

Property Features for 10-170 Roosevelt Dr

General Information

Standard status Active
Size 294 SF
Property subtype Residential Income
Net Operating Income $85,804

Units

Unit Mix 4 x studio
Multifamily Units 4

Taxes and HOA fees

Annual Taxes $21,500

Amenities

community pool
private patios
Listing Agency: RE/MAX ALLIANCE GROUP
Listed By: Joey Lamielle · License #SL3266793
Source: Exprealty
Added: Nov 4, 2025 Changed: Aug 13 Last Checked: Aug 16 at 12:37PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of RE/MAX ALLIANCE GROUP

Investment Insights

Based on property information with market context.

This offering comprises four updated studio condominiums in a beachside community on South Lido Key. Each unit has a private patio with sliding-glass access, while residents and guests can use the community pool. The units are managed and actively marketed as short-term rentals, with an established operating history.

Two direct beach access points are located near the community, and St. Armands Circle is a short ride away. The portfolio includes Units 6, 10, 11, and 12. Air-conditioning systems range from approximately 2 to 3 years old, and water heaters range from less than 3 years old to less than 6 years old, based on the unit summaries provided.

Key Highlights

  • Four updated studio units offered as one short‑term rental portfolio
  • Two direct beach access points near the South Lido Key community
  • Private patios with sliding‑glass access for each unit

Property Analytics

Current Use

Short term rental ...

Suggested Use

Top Pick Plumbing Service (Bike/Boat/Book/etc) Store Pharmacy Building Supply Garden Center Dental Office

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

4
Residential units

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 studio condominiums offer managed vacation-rental operations, private patios, and access to a shared pool near the beach.
Where is this short term rental property located?
The property is located at 10-170 Roosevelt Dr 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 units offered as one short‑term rental portfolio; Two direct beach access points near the South Lido Key community; Private patios with sliding‑glass access for each unit
More about this property
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