170 Roosevelt Dr Sarasota, FL 34236

This offering features a portfolio of five updated studio units within a beachside community on South Lido Key. The property is located steps from two beach access points and a short distance from St. Armands Circle. Each unit is actively listed and consistently booked, delivering strong guest demand year-round. The condos have a track record as successful Airbnb rentals, with a gross income averaging $38,470 per unit in 2024 and a portfolio-wide net income of $113,255 after expenses. The property includes a community pool and private patios with sliding glass access for each unit. The interiors have been updated, and major mechanical systems are in good condition, with recent A/C and hot water tank replacements across the portfolio. Unit 2 has been updated with AC approximately 4 years old and a water heater less than 6 years old. Unit 6 has been updated with AC approximately 4 years old and a water heater less than 6 years old. 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. This is a cash-flowing asset in a high-barrier-to-entry vacation rental market. The property can be kept as a turnkey portfolio, self-managed, or improved to enhance returns.