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PRICE $1,399,000 dsIDX morgage calculator
BEDS 6
BATHS 5
HOME SIZE 2,961 sqft
LOT SIZE 6,534 sqft

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!

DAYS ON MARKET 29 LAST UPDATED 2/22/2026
TRACT SARASOTA BEACH YEAR BUILT 1948
COMMUNITY 34242 - Sarasota/Crescent Beach/Siesta Key COUNTY Sarasota
STATUS Active PROPERTY TYPE(S) Multi Family


ADDITIONAL DETAILS
AIR Central Air
AIR CONDITIONING Yes
AREA 34242 - Sarasota/Crescent Beach/Siesta Key
CONSTRUCTION Block
EXTERIOR Courtyard, Other
HEAT Central
INTERIOR Eat-in Kitchen
LOT 6534 sq ft
LOT DIMENSIONS 50x131
SEWER Public Sewer
STORIES 2
SUBDIVISION SARASOTA BEACH
TAXES 8282.89
UTILITIES Cable Available, Cable Connected, Electricity Connected, Sewer Connected
WATER Public
MORTGAGE CALCULATOR
   

TOTAL MONTHLY PAYMENT

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CONTACT US ABOUT 618 AVENIDA DE MAYO
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Listing provided by Lisa Blakeley, BLAKELEY & ASSOCIATES REALTY, 941-567-3100
The information contained herein has been provided by My Florida Regional MLS DBA Stellar MLS. IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. Listings last updated 2/25/26 2:49 PM PST.

This IDX solution is (c) Diverse Solutions 2026.