618 Avenida De Mayo, FL

$1,200,000

618 Avenida De Mayo

Sarasota, FL 34242

Active
5
Beds
4
Baths
2,961
Sq Ft
0.15
Acres
1948
Built
$405/sqft360° tour
🏠Quadruplex

Property type

🏗️1948

Year built

📐6,566 sqft

Lot size

📊$405

Price / sq ft

🏘️No HOA

HOA dues

📅69

Days on market

🌊AE

Flood zone

About this home

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!

Estimated monthly payment

Principal & interest$6,068
Property taxes$690
Home insurance (est.)$550

Estimate only. Taxes use the listing's reported amount where available; insurance is a Florida-average estimate. Your actual payment will vary — run a full calculation or talk to a lender.

Price & listing history69 days on market

  1. Status: Active
    Mar 13, 2026
  2. Listed$15,800,000
    Jan 28, 2026
  3. Price reduced$1,200,000

Virtual Tour

Facts & features

Property type
Residential Income
Sub type
Quadruplex
Status
Active
Days on market
69
Subdivision
Sarasota Beach
County
Sarasota
Year built
1948
Living area
2,961 sq ft
Price/sq ft
$405
Lot size
6,566 sq ft
Lot category
0 to less than 1/4
Flood zone
AE (12115C0143G)
Annual taxes
$8,283 (2025)
Parcel #
0082030054
Zoning
RSF3
MLS #
A4680244

Interior Details

Bedrooms
5
Interior features
Ceiling Fans(s), Eat-in Kitchen
Laundry
Common Area, Other
Stories / Levels
Two

Heating & Cooling

Heating
Central
Cooling
Central Air

HOA & Financial

Total monthly fees
$0/mo
Total annual fees
$0
CDD
No
Listing terms
Cash, Conventional
Ownership
Fee Simple
Available for lease
Yes
Lease restrictions
No

Exterior & Construction

Exterior features
Outbuildings, Courtyard, Fence, Other
Construction materials
Block
Roof
Metal
Foundation
Other, Slab
Road surface
Paved

Utilities

Sewer
Public Sewer
Water source
Public
Utilities
BB/HS Internet Available, Cable Connected, Electricity Connected, Sewer Connected

Listing Details

Listing date
2026-01-28
On market date
2026-01-28
Original list price
$15,800,000
MLS area
34242 - Sarasota/Crescent Beach/Siesta Key
Listing AOR
Sarasota - Manatee
Status changed
2026-03-13
Tax legal description
LOT 6 BLK 9 SARASOTA BEACH

Flood risk

High riskFEMA Zone AEPanel 12115C0143G

FEMA Special Flood Hazard Area (1% annual-chance / “100-year” floodplain). Flood insurance is generally required by mortgage lenders.

Source: FEMA flood zone reported on the listing. Confirm current designation at FEMA Flood Map Service Center.

Location

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.

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MLS GRID

Listings courtesy of Stellar MLS as distributed by MLS GRID

IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Based on information submitted to the MLS GRID as of May 1, 2026 at 11:59 AM ET. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Ryan Solberg, Broker · MaxLife Realty LLC · FL License #BK3354351 · Equal Housing Opportunity · Full disclaimer · DMCA