618 AVENIDA DE MAYO Sarasota, FL $ 1,399,000
618 AVENIDA DE MAYO
$ 1,399,000
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618 AVENIDA DE MAYO

Sarasota, FL, 34242
$ 1,399,000
Bedrooms6 Baths5.0 Sq 2,961

Monthly Estimate*

$ 8,614

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Multi-Family Home for sale in Sarasota, FL

for $1,399,000 with 6 bedrooms and 5 full baths. This 2,961 square foot home was built in 1948 on a lot size of 0.15.

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 bee long term rentals. Some of the tenants have been there for years and all four would like to stay and live this Florida Coast 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!

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Multi-Family Active

Price

$ 1,399,000

Bedrooms

6

Full Bath

5

Property Type

Multi-Family

Taxes

$ 8,282

Style

Quadruplex

Lot Size

0.15

Year Built

1948

Town/City

Sarasota

County/Region

Sarasota

MLS | Web ID

A4680244

Features
General
Sewer Public Sewer
Heating Central
Cooling Central Air
Utilities BB/HS Internet Available Cable Connected Electricity Connected Sewer Connected
Possession Close Of Escrow
Roof Metal
Zoning RSF3
Patio/Porch Features Covered Deck Front Porch Rear Porch Screened
Construction Materials Block
Year Built 1948
Levels Two
Property Subtype Quadruplex
Tax Year 2025
Ownership Fee Simple
County Sarasota
New Construction false
Property Type Residential Income
Subdivision Name SARASOTA BEACH
Garage Y/N false
Status Active
Directions 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.
City SARASOTA
Senior Community Y/N false
Number Of Units Total 4
MLS Area 34242 - Sarasota/Crescent Beach/Siesta Key
Lot Size Units Square Feet
Lot Size Square Feet 6566
Carport Y/N false
Listing Terms Cash Conventional
Land Lease Y/N false
Tax Annual Amount 8282.89
Additional Parcels Y/N false
Lease Considered Y/N true
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
Tax Lot 6
Legal Description LOT 6 BLK 9 SARASOTA BEACH
Water Access Y/N false
Water View Y/N false
Flood Zone Code AE
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Interior
Interior Amenities Ceiling Fan(s) Eating Space In Kitchen
Common Walls End Unit
Air Conditioning Y/N true
Heating Y/N true
Fireplace Y/N false
Laundry Features Common Area Other
Total Bedrooms 6
Total Baths 5
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Exterior
Exterior Amenities Outbuilding Courtyard Fenced Other
Water Source Public
Lot Size Area 6566
Foundation Details Other Slab
Number of Buildings 2
Lot Dimensions 50 x 131
Lot Size Acres 0.15
Road Surface Type Paved
Private Pool false
Waterfront Y/N false
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* Excluded Features
List By
Blakeley & Associates Realty

Broker

lisa@blakeleyrealty.com

Email

Affordability Calculator

$9,304
Per Month
93%
7%
0%
Monthly Principal & Interest
$8,614
Monthly Property Taxes
$690
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
2/21/2026$1,399,000 Listed Price

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618 AVENIDA DE MAYO, Sarasota, FL, 34242 is a Multi-Family Home for sale at $1,399,000 with 2,961 sqft and a lot size of 0.15. 618 AVENIDA DE MAYO has 6 bedrooms, 5.0 baths, and was built in 1948. The property's zip code is 34242 which is in Sarasota, FL