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    Turnkey Studio Short-Term Rental Portfolio Title is generated by Realmo AI

    170 ROOSEVELT DRIVE, Sarasota, FL 34236

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    For Sale
    $1,300,000

    Triplex - SARASOTA, FL

    Type:Triplex
    Property size:
    294 SF
    Lot size:
    0.90 Acres
    Price / SF:
    $4,421/SF
    Added:
    Nov 4, 2025
    Days on Market:
    238
    Last Refresh:
    Jun 30 at 6:06 am

    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

    We can help!

    Contact an agent
    Joey Lamielle
    Joey Lamielle

    Listing agent Joey Lamielle License #3266793

    Listing office RE/MAX ALLIANCE GROUP 2000 Webber Street, Sarasota, FL

    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.

    HighLights

    • 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.
    • Each unit is updated, actively listed, consistently booked, and professionally managed.
    • Recent A/C and hot water tank replacements across the portfolio.
    • Features a community pool and private patios for each unit.

    Overview

    This offering is a turnkey short-term rental portfolio consisting of four updated studio units within a boutique beachside community. Each unit features sliding glass access to a private patio, supporting the indoor/outdoor setup guests expect. The community also includes a shared pool. Interiors have been updated over time and present with a consistent, owner-maintained look. Major systems are described as being in good condition, with recent replacement activity noted across the portfolio’s A/C and hot water tanks.

    Located in Sarasota, FL on South Lido Key at 170 Roosevelt Drive, the property is described as being steps from two direct beach access points, with St. Armands Circle accessible by a short ride. The package is listed under RMF3 zoning. With the units already set up as operating STRs, the portfolio is presented as actively managed and consistently listed.

    For buyers or operators seeking an income-producing STR-focused acquisition, the seller highlights a documented operating history and current management structure. 2024 gross income is reported as averaging $38,470 per unit, with portfolio-wide net income of $85,804 after HOA, taxes, utilities, and cleaning expenses. Unit-by-unit mechanical timelines are provided in the offering materials, including recent A/C and hot water tank replacements for each studio unit.
    Property Profile Location Intelligence

    Current Use by Public Records

    Short term rental ...

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Hair Salon Nail Salon Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Sarasota
    County
    Manatee
    State
    Florida
    Longitude
    -82.571252
    Latitude
    27.308397

    FAQs

    What type of property is this?
    Short term rental property - Four updated studio units in a boutique beachside community with shared pool and private patios.
    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: 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.
    More about this property
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