4-Unit Short-Term Rental
For Sale
$1,300,000
170 ROOSEVELT Drive, Sarasota, FL 34236
Residential Income, SARASOTA, FL
Property Size294 SF
Lot Size0.90 Acres
Price / SF$4,421
Days on Market300
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 2, Bathroom 1, 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
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
(941) 954-5454
Listed By:
Joey Lamielle · License #3266793
(941) 350-0016
Added: Nov 4, 2025
Changed: Aug 20
Last Checked: Aug 31 at 10:06AM
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.
This short-term rental portfolio comprises 4 updated studio units within a boutique beachside community on South Lido Key. Each residence includes a private patio with sliding-glass access, while the community provides a pool. Interior features include open floorplans, stone counters, solid wood cabinets, ceiling fans, window treatments, and central heating and cooling. The property was built in 1955 and includes fenced outdoor areas, a courtyard, garden space, and storage.
The offering is located at 170 Roosevelt Drive in Sarasota, near two direct beach access points and a short ride from St. Armands Circle. Public water and public sewer serve the property. The portfolio is designated RMF3 and includes 0.9 acres. Recent mechanical updates include air-conditioning and water-heater replacements across the units, with the listed systems ranging from less than 3 years to approximately 3 years old.
The offering is located at 170 Roosevelt Drive in Sarasota, near two direct beach access points and a short ride from St. Armands Circle. Public water and public sewer serve the property. The portfolio is designated RMF3 and includes 0.9 acres. Recent mechanical updates include air-conditioning and water-heater replacements across the units, with the listed systems ranging from less than 3 years to approximately 3 years old.
Key Highlights
- 4 updated studio units in a short‑term rental portfolio
- 0.9‑acre South Lido Key property at 170 Roosevelt Drive, Sarasota, FL 34236
- Two direct beach access points nearby; St. Armands Circle is a short ride away
Property Analytics
Property Profile
Current Use
Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
133
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 - Updated studio residences with private patios, community pool access, and established beach-oriented operations.
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: 4 updated studio units in a short‑term rental portfolio; 0.9‑acre South Lido Key property at 170 Roosevelt Drive, Sarasota, FL 34236; Two direct beach access points nearby; St. Armands Circle is a short ride away
