


170 ROOSEVELT DRIVE #10SARASOTA, FL 34236
Multi-Family · 294 Sq. ft. | 0.90 Acres170 ROOSEVELT DRIVE #10 Overview
- Time on Site:
- 238 days
- Visits:
- 0
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.
170 ROOSEVELT DRIVE #10 Facts & Features
- Type Multi-Family
- Sq. ft. 294
- Price/Sq.ft. $4,422
- Lot 0.90 Acres
Details
General
Association/HOA
- Association Fee: 595
- Association Fee Frequency: Monthly
- Association Name: PMI Capstone
- Association: Yes
Income/Expenses
- Gross Income: 192350
Building Information
- New Construction: No
- Year Built: 1955
Location/Region
- Country: US
- County Or Parish: Sarasota
- MLS Area Major: 34236 - Sarasota
- Subdivision Name: PELICAN GARDENS
- Township: 36S
Tax Information
- Tax Annual Amount: 21500
- Tax Year: 2024
General Information
- Listing Terms: Cash,Conventional
- Ownership: Condominium
- Parcel Number: 2016144010
- Pets Allowed: No
- Property Condition: Completed
- Property Sub Type: Triplex
- Property Type: Residential Income
- Senior Community: No
- Special Listing Conditions: None
- Zoning: RMF3
Interior
Parking Information
- Garage: No
Beds/Baths
- Bathrooms Total: 4
- Bedrooms Total: 0
Building Interior
- Building Area Source: Public Records
- Building Area Total: 1176
- Building Area Units: Square Feet
General Information
- Cooling: Central Air
- Fireplace: No
- Foundation Details: Slab
- Heating: Central
- Interior Features: Ceiling Fans(s),Open Floorplan,Solid Wood Cabinets,Stone Counters,Thermostat,Window Treatments
- Laundry Features: Inside
- Living Area: 294
- Living Area Source: Public Records
- Living Area Units: Square Feet
Unit Information
- Unit Number: 10
Exterior
Lot Information
- Additional Parcels: No
- Lot Size Acres: 0.9
- Lot Size Square Feet: 39183
- Road Surface Type: Asphalt,Concrete
- Water Source: Public
Waterfront/View
- View: Garden,Trees/Woods
- Waterfront: No
Building Exterior/Construction
- Construction Materials: Block
- Roof: Shingle
General Information
- Carport: No
- Exterior Features: Courtyard,Fence,Garden,Storage
- Number Of Units Total: 5
- Other Structures: Storage
- Pool Private: No
- Sewer: Public Sewer
- Utilities: Public
170 ROOSEVELT DRIVE #10 Neighborhood
Community
34236 (SARASOTA) Demographics
Schools
School data unavailable, School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.170 ROOSEVELT DRIVE #10 Monthly Cost
170 ROOSEVELT DRIVE #10 Market Data
Based on the last 30 days in this zip code
170 ROOSEVELT DRIVE #10 History
| Date | Value | Agent |
|---|---|---|
| 6/25/2026Source: My Florida Regional MLS | $1,300,000 31.3% |
|
| 4/20/2026Source: My Florida Regional MLS | $990,000 -38.1% |
|
| 11/4/2025Source: My Florida Regional MLS | November 04, 2025 |
|
| 10/14/2022Source: My Florida Regional MLS | October 14, 2022 |
|
| 10/14/2022Source: My Florida Regional MLS | October 14, 2022 |


































