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Four-Unit Quadplex with Cottage

618 AVENIDA DE MAYO, Sarasota, FL 34242

For Sale
New
$1,200,000

Residential Income, SARASOTA, FL

Property Size2,961 SF
Lot Size0.15 Acres
Price / SF$405.27
Days on Market1

Property Features for 618 AVENIDA DE MAYO

General Information

Property type Residential Multi Family
Property subtype Quadruplex
Zoning RSF3
Bedrooms 5
Bathrooms 4
Full bathrooms 4
Rooms Bedroom 3, Bedroom 5, Bedroom 1, Bedroom 2, Bedroom 4, Bathroom 2, Bathroom 4, Bathroom 3, Bathroom 1
Patio and Porch features Porch, Patio, Deck
Interior features Ceiling Fans(s), Eat-in Kitchen
Exterior features Outbuildings, Courtyard, Fence
Fencing Fenced
Appliances Dishwasher, Electric Water Heater, Microwave, Range, Refrigerator
Subdivision SARASOTA BEACH
Directions From US41, go West on Siesta Dr, it will turn into Higel, follow around to Right on then Left on Canal (middle of the Village) and then Left onto Avenida de Mayo, 3 blocks down to 618 on your Right. From South Side, US41 go West on Stickney Point to Right on Midnight Pass to Left on Beach Road to Right on Ocean Blvd to Right on Canal to Left on Avenida de Mayo. House is 3 blocks down on Right, 618.
Standard status Active
APN 0082030054
Size 2,961 SF
Lot size 0.15 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description LOT 6 BLK 9 SARASOTA BEACH
Tax Annual Amount 8283
Legal Description LOT 6 BLK 9 SARASOTA BEACH

Utilities

Sewer type Public Sewer
Heating system Central
Water source Public

Amenities

common laundry area
storage bin
raised deck
sunning area
screened porch

Building Details

Year built 1948
Floors in Building 2
Number of units 4
Flooring type Tile - Ceramic, Wood, Carpet
Building materials Block, Cedar
Roof type Metal
Additional Structures Outbuilding
Buildings 2
Listing Agency: BLAKELEY & ASSOCIATES REALTY
Listed By: Lisa Blakeley · License #3243719
Added: Nov 7 Last Checked: Nov 7 at 3:06PM
MLS# A4712312

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.

Rey
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Investment Insights

Based on property information with market context.

This 2,961-square-foot quadplex contains three one-bedroom units and one two-bedroom unit, with a separate cottage included in the four-unit configuration. Built in 1948, the property has a screened porch, patio, deck, courtyard, and shared laundry area. Each unit has a storage bin, and the larger main-level one-bedroom retains wood flooring. Public water and sewer serve the property, which sits on a 0.15-acre lot and is zoned RSF3.

At 618 Avenida de Mayo, the property is three blocks from Siesta Key Village and about a 10-minute walk from restaurants, bars, shops, and the beach. The two-bedroom unit is upstairs and accessed by an exterior staircase. The cottage, added in the early 2000s, has a raised deck and a private outdoor area.

Key Highlights

  • Four units: three one‑bedroom units and one two‑bedroom unit
  • 2,961 square feet on a 0.15‑acre lot
  • Built in 1948; cottage added in the early 2000s

Property Analytics

Who owns this building? See the owner, sales and loan history
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Lease Details

4
Residential units

Location Intelligence

Trade Area within ½ mile

834
Businesses Nearby

Demographics for 34242, FL

7,417
Population
10,418
Households
0.7
Avg Household Size
65
Median Age
66%
College-Educated
97%
High-School Grad
3.6 sq mi
ZIP Area
2,060
Density / Sq Mi
$122,143
Median Household Income
$75,313
Median Earnings
$2,408
Median Rent
$995,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Quadplex - A four-unit layout combines shared laundry, individual storage bins, and outdoor areas near Siesta Key Village.
Where is this quadplex located?
The property is located at 618 AVENIDA DE MAYO Sarasota, FL.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: Four units: three one‑bedroom units and one two‑bedroom unit; 2,961 square feet on a 0.15‑acre lot; Built in 1948; cottage added in the early 2000s
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