$1,300,000
Active170 Roosevelt Dr #10, Sarasota, FL 34236
4 baths · 294 sq ft
Listing courtesy of RE/MAX ALLIANCE GROUP · MLS# A4670924
358 days on market
Refreshed from the Stellar MLS feed . This listing’s MLS record last changed .
About this home
What’s special
- Short-term rental portfolio
- Direct beach access
- Community pool
- Private patios
- Turnkey units
- Recently replaced HVAC
- Proven Airbnb income
AI-selected highlights from the listing description below.
Rare Income-Producing Portfolio on South Lido Key – 4 Turnkey STR Units A rare opportunity to acquire a fully operating short-term rental portfolio on South Lido Key, one of Sarasota’s most coveted coastal markets. This offering includes 4 updated studio units within a boutique beachside community just steps from two direct beach access points and a short ride to St. Armands Circle. Each unit is managed, actively listed, and consistently booked, delivering proven performance and strong guest demand year-round. These condos have a long track record as successful Airbnb rentals, with 2024 gross income averaging $38,470 per unit and portfolio-wide net income of $85804 after HOA, taxes, utilities, and cleaning expenses. This is a cash-flowing, turnkey asset in a high-barrier-to-entry vacation rental market. The property features a community pool and sliding glass access private patios for each unit, creating the indoor/outdoor lifestyle guests expect on Lido. Interiors have been updated over the years and show pride of ownership throughout. Major mechanical systems are in good condition, with recent A/C and hot water tank replacements across the portfolio for peace of mind. Unit Renovation & Mechanical Summary: • Unit 10 – Updated | AC ~2 yrs | WH < 6 yrs • Unit 11 – Updated | AC ~3 yrs | WH < 3 yrs • Unit 12 – Updated | AC ~2 yrs | WH < 3 yrs Unit 6 - Updated AC is 3 years and WH is 3 years This type of offering is rarely available — a multi-unit STR package on Lido Key with documented income history, repeat traveler base, and proven operational infrastructure already in place. Keep as a turnkey portfolio, self-manage, or explore value-add improvements and dynamic pricing to further enhance returns. 4 units. One unbeatable coastal investment. Opportunities like this do not come around often.
Facts
- Property type
- Triplex
- Year built
- 1955
- Living area
- 294 sqft
- Lot size
- 0.9 acres
- Private pool
- No
- Flood zone
- AE
- CDD
- No
- 55+ community
- No
- Annual taxes
- $21,500/yr
- Monthly fees
- $595/mo
- Listed
- Nov 4, 2025
- MLS #
- A4670924
Price & status history
- Listed for $1,600,000
- Price increased to $1,300,000from $990,000
Virtual tour
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Estimate the monthly payment
Estimate by Lasbury Tracy Realty — not a loan offerStarting figures for 170 ROOSEVELT DR #10. Everything below is editable.
AssumptionNot a quoted rate. Ask a lender what you actually qualify for today.
From this listingThe seller's most recent annual tax bill as reported to the MLS. Your bill will differ — Florida reassesses on sale and homestead caps reset.
Editable estimateA placeholder, not a quote. On the Gulf Coast this is the line item most likely to be wrong: premiums swing on roof age, wind mitigation, elevation, and carrier appetite. Get a real quote before you rely on this number.
Starts at $0Deliberately zero until you enter a figure — we will not inflate a payment with a guess. Many homes here need it; ask us for the property's flood zone and the current policy's premium.
From this listingMonthly association fee as reported to the MLS. Confirm what it includes, and ask about special assessments.
AssumptionNot applied — your down payment is 20% or more.
Estimated total monthly payment
$10,044
$6,574 of that is principal & interest. 35% is taxes, insurance and fees — which is why those inputs matter more here than the rate does.
- Principal & interest
- $6,574
- Property taxes
- $1,792
- Homeowners insurance
- $1,083
- Flood insurance
- $0
- HOA / condo fees
- $595
- Mortgage insurance (PMI)
- $0
- Total per month
- $10,044
Over the life of the loan
- Loan amount
- $1,040,000
- Down payment
- $260,000
- Total interest
- $1,326,463
- Principal + interest paid
- $2,366,463
- Paid off in
- 2056
Interest is the exact schedule total for a fixed-rate loan held to term and assumes no extra payments. Taxes, insurance and fees are not included in these lifetime figures because they change every year.
Calculated on this page from the figures above — nothing is sent anywhere and no lender is quoting you. Figures are estimates for planning only, not a pre-approval, commitment to lend, or a statement of the taxes and insurance you will actually be charged. Lasbury Tracy Realty Inc. is a real estate brokerage, not a lender or an insurance agent.
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170 Roosevelt Dr #10, Sarasota, FL 34236
Listing courtesy of RE/MAX ALLIANCE GROUP · MLS# A4670924 · Active
Where this home is
Opens on aerial — on this coast the canal, the lot and the neighbours answer more questions than a street grid does.
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