618 Avenida De Mayo Sarasota, FL 34242
For Sale MLS# A4680244
5 beds 4 baths 2,961 sq ft Multi-family
Details for 618 Avenida De Mayo
MLS# A4680244
Description for 618 Avenida De Mayo, Sarasota, FL, 34242
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!
Listing Information
Property Type: Residential, Quadruplex
Status: Active
Bedrooms: 5
Bathrooms: 4
Lot Size: 0.15 Acres
Square Feet: 2,961 sq ft
Year Built: 1948
Stories: 2 Story
Construction: Block
Subdivision: Sarasota Beach
Foundation: Other,Slab
Number Of Units Total: 4
County: Sarasota
Additonal Room Information
Laundry: Other, Common Area
Interior Features
Additional Interior Features: Eat-In Kitchen, Ceiling Fan(s)
Utilities
Water: Public
Sewer: Public Sewer
Other Utilities: Cable Connected,Electricity Connected,High Speed Internet Available,Sewer Connected
Cooling: Ceiling Fan(s), Central Air
Heating: Central
Exterior / Lot Features
Roof: Metal
Lot Dimensions: 50x131
Additional Exterior/Lot Features: Other, Courtyard, Fence, Out Building(s), Front Porch, Rear Porch, Screened, Covered, Deck
Out Buildings: Outbuilding
Unit Information
Unit 1 Units Total: 1
Unit 1 Actual Rent: 2400
Unit 1 Baths Total: 1
Unit 1 Beds Total: 2
Unit 2 Units Total: 1
Unit 2 Actual Rent: 1700
Unit 2 Baths Total: 1
Unit 2 Beds Total: 1
Unit 3 Units Total: 1
Unit 3 Actual Rent: 1700
Unit 3 Baths Total: 1
Unit 3 Beds Total: 1
Unit 4 Units Total: 1
Unit 4 Actual Rent: 2200
Unit 4 Baths Total: 1
Unit 4 Beds Total: 1
Unit 5 Units Total: 1
Unit 5 Actual Rent: 1800
Unit 5 Baths Total: 1
Unit 5 Beds Total: 2
Unit 6 Units Total: 1
Unit 6 Actual Rent: 2300
Unit 6 Baths Total: 1
Unit 6 Beds Total: 1
Driving 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.
Financial Considerations
Terms: Cash,Conventional
Tax/Property ID: 0082030054
Tax Amount: 8282.89
Tax Year: 2025
A broker reciprocity listing courtesy: BLAKELEY & ASSOCIATES REALTY
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Interest rate and annual percentage rate (APR) are based on current market conditions, are for informational purposes only, are subject to change without notice and may be subject to pricing add-ons related to property type, loan amount, loan-to-value, credit score and other variables. Estimated closing costs used in the APR calculation are assumed to be paid by the borrower at closing. If the closing costs are financed, the loan, APR and payment amounts will be higher. If the down payment is less than 20%, mortgage insurance may be required and could increase the monthly payment and APR. Contact us for details. Additional loan programs may be available. Accuracy is not guaranteed, and all products may not be available in all borrower's geographical areas and are based on their individual situation. This is not a credit decision or a commitment to lend.
Sales History & Tax Summary for 618 Avenida De Mayo
Sales History
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Tax Summary
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Schools
Schools nearby 618 Avenida De Mayo
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The schools shown represent both the assigned schools and schools by distance based on local school and district attendance boundaries. Attendance boundaries change based on various factors and proximity does not guarantee enrollment eligibility. Please consult your real estate agent and/or the school district to confirm the schools this property is zoned to attend. Information is deemed reliable but not guaranteed.
SchoolDigger ® Rating
The SchoolDigger rating system is a 1-5 scale with 5 as the highest rating. SchoolDigger ranks schools based on test scores supplied by each state's Department of Education. They calculate an average standard score by normalizing and averaging each school's test scores across all tests and grades.
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