Map location of 170 ROOSEVELT DRIVE 6, SARASOTA, FL 34236
$1,600,000
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170 Roosevelt Drive 6, Sarasota, FL 34236

 Contact
- Beds
5 Baths
294 Sq Ft

Rare Income-Producing Portfolio on South Lido Key 5 Turnkey STR UnitsA rare opportunity to acquire a fully operating short-term rental portfolio on South Lido Key, one of Sarasotas most coveted coastal markets. This offering includes five 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 $113,255 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 2 Updated | AC ~4 yrs | WH < 6 yrs Unit 6 Updated | AC ~4 yrs | WH < 6 yrs 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 yrsThis 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.5 units. One unbeatable coastal investment. Opportunities like this do not come around often.

Listing By: Joey Lamielle - RE/MAX ALLIANCE GROUP flmfr Realty.com
  • MLS# A4670924
  • Date Listed11/04/2025
  • Days on Realty 21 Days
  • Bedrooms -
  • Bathrooms 5 baths
  • Lot Size 0.9 acres (39,183 sq. ft)
  • Sewer Public Sewer
  • Subdivision PELICAN GARDENS
  • Property Type Multi Family
  • County Sarasota
  • Year Built 1955
  • Water Public
  • Square Feet 294 sq. ft
  • Price Per Sq. Ft $5442.18

Interior Features

  • Cooling Central Air
  • Heating Central

Exterior / Lot Features

  • Exterior Courtyard, Garden, Storage, Storage
  • Roof Shingle
  • Lot Size Acres 0.90
  • Lot Size SQFT 39,183.00
  • Lot Features -

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.

Financial Considerations

  • HOA Fee $595 Monthly
  • Tax Amount $21,500
  • Terms Cash, Conventional, FHA, VA Loan

Nearby Schools

Source: School Digger

Ese Special Programs

Public • PK - 12 • Serves this home

4.66 mi

Distance

Children First

Public • PK - PK

5.04 mi

Distance

Wilkinson Elementary School

Public • PK - 5

6.63 mi

Distance

Emma E. Booker Elementary School

Public • PK - 5

6.92 mi

Distance

Gulf Gate Elementary School

Public • PK - 5

7.31 mi

Distance

Gocio Elementary School

Public • PK - 5

8.21 mi

Distance

Sarasota School Of Arts/sciences

Public • 6 - 8 • Serves this home

4.24 mi

Distance

Brookside Middle School

Public • 6 - 8

4.67 mi

Distance

Triad

Public • 6 - 12

6.63 mi

Distance

Booker Middle School

Public • 6 - 8

7.7 mi

Distance

Sarasota High School

Public • 9 - 12 • Serves this home

3.88 mi

Distance

Sarasota Military Academy

Public • 9 - 12

4.24 mi

Distance

Riverview High School

Public • 9 - 12

5.4 mi

Distance

Booker High School

Public • 9 - 12

5.9 mi

Distance

Suncoast Polytechnical High School

Public • 9 - 12

6.63 mi

Distance

Sarasota County Acceleration Academies

Public • 9 - 12

7.12 mi

Distance

Elevation Preparatory Academy

Private • 06 - 12

4.74 mi

Distance

West Coast School For Human Dev

Private • KG - 12

4.88 mi

Distance

Agape Christian School Of Sarasota

Private • KG - 12

5.58 mi

Distance

Saltmeadow School

Private • 01 - 12

6.09 mi

Distance

Brickhouse Academy

Private • 05 - 12

6.38 mi

Distance

Palm Grove Mennonite School

Private • KG - 12

6.48 mi

Distance

Esther's School - Bradenton

Private • KG - 12

7.21 mi

Distance

Trinity Dreamers And Visionaries

Private • KG - 12

7.21 mi

Distance

Shepherds Hill Christian School

Private • KG - 12

7.62 mi

Distance

Achievement Center

Private • 06 - 12

7.62 mi

Distance

Sales & Tax History

Source: Public Records

Population & Environment

Source: Sperling's Best Places

Walkability in FL / 34236

Source: Walkscore

44/100

Car-Dependent

Walk Score ®

56/100

Bikable

Bike Score ®

Overview

Most errands require a car. It is possible to get on a bus. Some bike infrastructure.

Transit Summary

0 nearby routes: 0 bus, 0 rail, 0 other

Walkability averages in the surrounding area

The average walkability score in the surrounding area is Walk Score: 34/100, Transit Score: 10/100, Bike Score: 51/100.

Points of Interest near 170 ROOSEVELT DRIVE 6, SARASOTA, FL 34236

Frequently Asked Questions for 170 ROOSEVELT DRIVE 6

Source: Realty.com

170 ROOSEVELT DRIVE 6, SARASOTA, FL 34236 is a Multi Family, Residential Income property listed for $1,600,000 The property is 294 sq. ft with - bedrooms and 5 bathrooms

Realty.com has 29 photos of 170 ROOSEVELT DRIVE 6.

Our records indicate that 170 ROOSEVELT DRIVE 6 was built in 1955.

The full address for this home is 170 ROOSEVELT DRIVE 6, SARASOTA, FL 34236.

170 ROOSEVELT DRIVE 6 has been listed on Realty.com since Tue November 04, 2025

Most errands require a car. It is possible to get on a bus. Some bike infrastructure.

The average walkability score in the surrounding area is Walk Score: 34/100, Transit Score: 10/100, Bike Score: 51/100.

There are 3 schools assigned to this home. Check out the schools near 170 ROOSEVELT DRIVE 6. Ese Special Programs (Grades: PK - 12), Sarasota School Of Arts/sciences (Grades: 6 - 8), Sarasota High School (Grades: 9 - 12)

Listing provided courtesy of: Re/max Alliance Group (tel: 941-360-7777)
Listing agent: Joey Lamielle (#281522478)

This content last refreshed on 2025-11-25 12:41:56. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

Export listing data of 170 ROOSEVELT DRIVE 6, SARASOTA, FL 34236 : MLS# A4670924

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