Property
ActiveResidential
1/40
$1,200,000

618 AVENIDA DE MAYO

Sarasota, FL 34242
5
Beds
4
Baths
2,961
SqFt
0.15
Acres
STELLAR
#A4680244
Updated: Jun 24, 2026, 12:38pm

Property Description

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!
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Property Details

Interior
Cooling
Central Air
Heating
Central
Interior Features
Ceiling Fan(s)Eating Space In Kitchen
Laundry Features
Common AreaOther
Living Area
2961
Construction
Building Area Units
Square Feet
Common Walls
End Unit
Construction Materials
Block
Foundation Details
OtherSlab
Levels
Two
Living Area Source
Public Records
Living Area Units
Square Feet
Number Of Units Total
4
Roof
Metal
Year Built
1948
Site & Exterior
Exterior Features
OutbuildingCourtyardFencedOther
Flood Zone Code
AE
I D X Participation
Yes
Lot Size Acres
0.15
Lot Size Area
6566
Lot Size Dimensions
50 x 131
Lot Size Square Feet
6566
Lot Size Units
Square Feet
Patio And Porch Features
CoveredDeckFront PorchRear PorchScreened
Public Survey Range
17E
Public Survey Section
12
Road Surface Type
Paved
Sewer
Public Sewer
Total Acreage
0 to less than 1/4
Utilities
BB/HS Internet AvailableCable ConnectedElectricity ConnectedSewer Connected
Water Source
Public
Zoning
RSF3
Financials
Calculated List Price By Calculated Sq Ft
405.27
Contract Status Change Date
2026-01-28
Current Price
1200000
Feed Types
BBO
Lease Considered
Yes
Owner Name
ALFRED G SANDER
Ownership
Fee Simple
Parcel Number
0082030054
Public Survey Township
37S
Tax Annual Amount
8282.89
Tax Block
9
Tax Book Number
1-76
Tax Legal Description
LOT 6 BLK 9 SARASOTA BEACH
Tax Lot
6
Tax Year
2025

Neighborhood & Lifestyle

Community & Association
M L S Area Major
34242 - Sarasota/Crescent Beach/Siesta Key
S W Subdiv Community Name
Siesta Beach
Subdivision Name
SARASOTA BEACH
Listing provided courtesy of STELLAR via IDX. Updated: Jun 24, 2026, 12:38pm.
Lisa Blakeley

Listing Agent

BLAKELEY & ASSOCIATES REALTY

Call Agent