Sarasota Homes with Studio/Efficiency Property Description

Welcome to Sarasota County, a gem nestled on Florida's stunning Gulf Coast, where sun-kissed beaches and a vibrant cultural scene await you. Among its many treasures lies Lido Key, an enchanting barrier island famed for its pristine shores, lush tropical landscapes, and a relaxed island lifestyle that beckons both residents and visitors alike. With its proximity to the bustling city of Sarasota, you can enjoy the best of both worlds—serene beach living and access to a thriving arts and dining scene.

In Lido Key, you’ll find a unique selection of homes that perfectly cater to the needs of modern living, including charming studio and efficiency properties. These compact yet stylish homes are ideal for those seeking a low-maintenance lifestyle without sacrificing comfort or style. Whether you’re a first-time buyer, a seasonal resident, or an investor looking for a vacation rental, these properties offer a fantastic opportunity to embrace the coastal lifestyle.

Imagine waking up to the sound of gentle waves and the scent of salty sea air, all from the comfort of your cozy studio. Many of these homes come equipped with modern amenities, open floor plans, and private outdoor spaces where you can unwind and soak in the sun. Lido Key’s vibrant community is just a short stroll away, offering delightful shops, delectable dining options, and easy access to the breathtaking Lido Beach.

Discover the charm of Lido Key’s studio and efficiency homes, where coastal living meets convenience. Dive into the Sarasota lifestyle today, and let your dream of beachside living become a reality!

$1,300,000

4 Baths ⋅ Pelican Gardens SubDv. ⋅ 34236 Zip Code

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.

170 Roosevelt Drive Unit 10, Sarasota

Sarasota Homes with Studio/Efficiency Property Description

Newest Sarasota Homes with Studio/Efficiency Property Description