170 Roosevelt Dr #10, photo 1
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Overview

0 bd4 ba294 sqftTriplex
TypeTriplex
HOA$595/mo
Built1955
Lot39,183 sqft
Living area294 sqft
Price / sqft$4,422

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Pricing, comps, HOA, the neighborhood. Answers before you fill out anything.

About this home

Ceiling Fans(s)Open FloorplanSolid Wood CabinetsStone CountersThermostatWindow TreatmentsCourtyardFence

170 Roosevelt Dr #10 is a 1955-built home in Pelican Gardens, Sarasota. Listed at $1,300,000 (about $4,422/sqft), 343 days on market. Flood zone AE - confirm flood insurance requirements with your lender. HOA runs $595 monthly.

From the listing

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.

The essentials

Built
1955
Price / sqft
$4,422
On market
343 days
Annual tax
$21,500
HOA
$595/mo
Flood zone
AE
Lot
39,183 sqft
Type
Triplex

At a glance

Single family
Built 1955
0.90 acres
Lot size
294 sqft
Living area

Payment

Est. monthly payment
$9,817/mo
Down payment (20%)
$260,000
Property taxes
$1,792/mo
HOA
$595/mo
Rate assumed
6.8% · 30 yr
View full breakdown

Details

Type
Triplex
Year Built
1955
Lot
39,183 sqft
Cooling
Central Air
Heating
Central
Parking
-
Days on Market
343
Ceiling Fans(s)
Open Floorplan
Solid Wood Cabinets
Stone Counters
Thermostat
Window Treatments
Courtyard
Fence
Garden
Storage
Flood Zone AE
Annual Tax (2024)
$21,500
Parcel #
2016144010

Taxes reflect the most recent assessment in the MLS feed. Actual tax owed can vary, so confirm with the county property appraiser before closing.

Subdivision
Pelican Gardens
County
Sarasota
MLS Area
34236 - Sarasota
Lot Size
39,183 sqft
HOA
$595/mo
PMI Capstone

Price history

Date
Event
Price
6/25/2026
Price change
Source: Stellar MLS #A4670924
$1,300,000+31.3%
$4,422/sqft
-
Price change
Source: Stellar MLS #A4670924
$990,000-38.1%
$3,367/sqft
11/4/2025
Listed for sale
Source: Stellar MLS #A4670924
$1,600,000
$5,442/sqft

Neighborhood

170 Roosevelt Dr #10
Sarasota, FL, 34236 · 34236 - Sarasota

Market insights

Offer Insights

Choose an offer strength

List price: $1,300,000
$1.25M – $1.30M
96% – 100% of listTops out right at the list price
80% of listList price
34 of the last 67 home closings in 34236 landed at this number or higher (51%). The median one sat 81 days before it went under contract, and this one is on day 343 after a $300,000 cut.

Sample: 67 closed home sales in 34236 over the last 8 months, Stellar MLS. A starting point, not a guarantee.

Talk through an offer with our team

Calculator

Est. monthly payment
$9,817/mo
Principal & interest$6,780
Property taxes$1,792
Insurance$650
HOA$595
Down payment20% · $260,000
Interest rate6.80%
Loan term

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Property taxes are this home's actual annual bill from the MLS, divided by twelve. Insurance estimated at 0.60%. HOA includes any condo dues reported on the listing. Rate defaults to 6.8% on a 30-year fixed. Tap a pencil to use your own numbers. Estimates only, not a loan quote.

Quick answers.

Price

$1,300,000

$4,422 per sq ft

Size

294 sq ft

Time on market

343 days

Year built

1955

Monthly payment

About $9,817/mo

That is 20% down on a 30-year fixed at 6.8%, plus the home's $21,500 annual tax bill, insurance, and the $595/mo HOA fee.

HOA fee

$595/mo

Managed by PMI Capstone.

Flood zone

Zone AE

That is a high-risk designation, so a lender will normally require flood insurance. Confirm the current rate before you write an offer.

Offer

What should I offer?

Have another question?

Brokered byRE/MAX ALLIANCE GROUPListing agent: Joey LamielleListing data from Stellar MLS, MLS# A4670924.

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