Properties

Property Description

Welcome to Old World Siesta Key…this 1940s Bungalow Home was converted approx 40 years ago into a Triplex and a Cottage was added at the rear of the property. Siesta Key is World Renown for it’s White Powdery Sand Beaches and is so convenient to the Mainland and all the Attractions Sarasota has to offer such as the Arts, St Armands and Unbelievable Shopping. The Property is located approximately three blocks behind Siesta Key Village, the Hub of Restaurants, Nightlife, and Shops, and there you will find this Graceful Triplex and Cottage. There are several Private Patios as well as Open Areas for Outdoor Entertainment and Relaxation both in the Front and Rear of the Triplex. There are Storage Units for Each Rental and there is a Shared Laundry Area in the middle of the Backyard. Convenience is really key for this Property as you can Walk to the Beach or the Village in 15 Minutes. Island Life is Unique, Exciting, Colorful but can also be Quiet and Slow, it’s the perspective of the Offering and it’s a sought after way of living. For the past 20 years the units have been long term rentals. Some of the tenants have been there for years and all four would like to stay and continue their Florida Island Lifestyle. Rents shown are the Expected rents that could be charged as the Owner currently charges less… just his way of doing business. There is one option that could change the dynamics and that would be to keep the Triplex as long term rentals and use the rear Cottage as an AirBNB and Owners Use unit. This would drastically change the income stream. The water and internet/cable is currently paid for by the Owner and the Electric is split between the Tenants based on unit size, of course all of this is subject to change based on the New Owner’s intentions. This is an Amazing Opportunity to have both Income and Personal Enjoyment all wrapped up with a Special Place we call Siesta Key Living!

Features
: Central
: Central Air
: Covered, Deck, Screened, Front Porch, Rear Porch
: Fenced, Other, Courtyard, Outbuilding
: Eating Space In Kitchen, Ceiling Fan(s)
: Other, Common Area
: Metal
: Public Sewer
: Electricity Connected, Cable Connected, Sewer Connected, Bb/hs Internet Available
Address Map
FL
Sarasota
SARASOTA
34242
618 AVENIDA DE MAYO
1
W83° 26' 30.4''
N27° 16' 33.1''
from US41 go West on Stickney Point to right on Midnight Pass to left on Beach Rd to Right on Calle de la Siesta to Left on Canal to Right on Avenida de Mayo, 618 is approx 3 blocks down on the right.
SARASOTA BEACH
MLS Addon
: Block
69
: Slab, Other
: Two
281519580
266508775
: Cash, Conventional
4
: No
$8,283
2025
: Public
RSF3

Residential Income For Sale

618 AVENIDA DE MAYO, SARASOTA, Florida 34242

5 Bedrooms
2,961 Sqft
Visits : 29 in 98 days
$1,200,000
Listing ID #A4680244
Basic Details
Property Type : Residential Income
Listing Type : For Sale
Listing ID : A4680244
Status : Active
Brokerage Name : BLAKELEY & ASSOCIATES REALTY
Agent Name : Lisa Blakeley
Price : $1,200,000
Bedrooms : 5
Square Footage : 2,961 Sqft
Year Built : 1948
Lot Size : 0.15 Acre
Property SubType : Quadruplex
Agent info
Gulf Sands Realty
Contact Agent

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Gulf Sands Realtors

Steve Foster

Stevefosterhomes14@gmail.com

Magdalena Carr

Mcarr.FloridaHomes@hotmail.com

Kristen Silver

kristengulfsandsrealty@gmail.com

Karen Macdonald

Floridahousedream@gmail.com