USAFLSarasotaSarasota Beach618 Avenida De Mayo

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$1,399,000

A month ago

618 Avenida De Mayo, Sarasota, FL

6 Bed

5 Bath

2961 sqft

MLS® A4680244

Key Facts
Description
Map

Key Facts

Type Quadruplex

Levels Residential Income

Size 2961 sqft

Garage No

Taxes $8,283

Days Active 26

Lot Size 0.15 acres

Approx. Age 1948

Avg. Price Per Sqft $472

MLS® Number A4680244

Property Address: 618 Avenida De Mayo, Sarasota, FL, 34242-1502

Average square foot calculated using Size range provided by listing agent.

Description

Welcome to Old World Siesta Key...This 1940s Bungalow Home was converted approx 40 years ago into a Triplex and then 20ish years ago 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!

MLS® NumberA4680244

Laundry LevelCommon Area, Other

Central VacNo

FireplaceNo

Acreage0.15

Exterior

GarageNo

Approx. Age1948

Basement

Driveway

Garage Spaces

Heat

A/C

Heating Fuel

Extras

Price History

-End Date

Not Sold YetSold Price

For Sale

Jan 28, 2026List Date

$1,399,000List Price

Commute

Commute

Starting Address

Destination Address

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