Turnkey Studio STR
For Sale
$1,300,000
170 Roosevelt Dr Unit 10, Sarasota, FL 34236
Four updated studio units are offered as a managed, actively listed short-term rental portfolio with a community pool and private patios.
Property Size294 SF
Price / SF$4,421
Days on Market13
Property Features for 170 Roosevelt Dr Unit 10
General Information
Standard status
Active
Size
294 SF
Property subtype
Multi-Family
Additional Details
Business Included
Yes
Multifamily Units
4
Amenities
community pool
private patios
Building Details
Year Built
1955
Listing Agency:
RE/MAX ALLIANCE GROUP
(941) 350-0016
Listed By:
Joey Lamielle · License #3266793
Source:
Whitesandsfl
Added: Jul 21
Changed: Jul 22
Last Checked: Aug 1 at 8:52AM
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 for-sale quadplex portfolio includes four updated studio short-term rental units within a boutique beachside community. Units are described as managed and actively listed, with documented 2024 performance. Common amenities include a community pool, and each unit features sliding-glass access to a private patio. The interiors have been updated over the years, and the offering notes recent replacements to major mechanical systems across the portfolio.
The property is located at 170 Roosevelt Dr, Unit 10, Sarasota, FL 34236 on South Lido Key. The remarks state the community is just steps from two direct beach access points and is a short ride to St. Armands Circle.
The unit and mechanical summary provided includes AC and hot water heater ages of approximately two to three years for most units, with Unit 6 noted as updated with AC at about three years and a hot water heater at about three years. The remarks also cite 2024 gross income averaging $38,470 per unit and portfolio-wide net income of $85,804 after HOA, taxes, utilities, and cleaning expenses.
The property is located at 170 Roosevelt Dr, Unit 10, Sarasota, FL 34236 on South Lido Key. The remarks state the community is just steps from two direct beach access points and is a short ride to St. Armands Circle.
The unit and mechanical summary provided includes AC and hot water heater ages of approximately two to three years for most units, with Unit 6 noted as updated with AC at about three years and a hot water heater at about three years. The remarks also cite 2024 gross income averaging $38,470 per unit and portfolio-wide net income of $85,804 after HOA, taxes, utilities, and cleaning expenses.
Key Highlights
- 4 updated studio short‑term rental units in a managed, actively listed portfolio
- 2024 gross income averaged $38,470 per unit; portfolio‑wide net income of $85,804 after HOA, taxes, utilities, and cleaning
- Community pool plus sliding‑glass access private patios for each unit
Property Analytics
Current Use
Lease Details
4
Residential units
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
145
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Short term rental property - Four updated studio units are offered as a managed, actively listed short-term rental portfolio with a community pool and private patios.
Where is this short term rental property located?
The property is located at 170 Roosevelt Dr Unit 10 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: 4 updated studio short‑term rental units in a managed, actively listed portfolio; 2024 gross income averaged $38,470 per unit; portfolio‑wide net income of $85,804 after HOA, taxes, utilities, and cleaning; Community pool plus sliding‑glass access private patios for each unit
