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$1,250,000

604 AVENIDA DE MAYO, SARASOTA, FL 34242

Closed164 days on market

Beds

Baths

Sq Ft

2,173 sq ft

Year Built

1951

Lot Size

0.20 acres

Garage

—

About This Property

Back on the market! Beautiful triplex that went through a total renovation 2024. A re-roof project was completed in 2022 and is under a transferable warranty. Property can be rented as 3 separate units - Studio, One Bedroom, Three Bedroom. Property could easily be converted to a duplex (2 BR / 1 BA + 3 BR / 2 BA) in the event the owner prefers to live in one unit and rent the other. Just a few blocks from Siesta Village and an easy stroll to the beach, this is a great location to enjoy what Siesta Key has to offer! Total living Space - 2173 SF Main Unit - 3 BR / 2 BA - Approx - 1400 SF Second Unit - 1 BR / 1 BA - Approx. 600 SF Third Unit - Studio / 1 BR 1 BA - Approx - 200 SF Total living Space - 2173 SF Main Unit - 3 BR / 2 BA - Approx - 1400 SF Second Unit - 1 BR / 1 BA - Approx. 600 SF Third Unit - Studio / 1 BR 1 BA - Approx - 200 SF

Property Overview

Property TypeResidential Income

Sub TypeTriplex

MLS #A4671973

StatusClosed

Year Built1951

ConstructionWood Siding

RoofShingle

FoundationSlab

SubdivisionSIESTA BEACH

CountySarasota

OwnershipFee Simple

Interior Features

InteriorCeiling Fan(s), Living Room/Dining Room Combo, Open Floorplan, Primary Bedroom Main Floor, Window Treatments

LaundryCommon Area, Electric Dryer Hookup, Laundry Closet, Outside, Washer Hookup

CoolingCentral Air, Mini-Split Unit(s)

HeatingElectric, Heat Pump

Exterior & Lot

ExteriorFenced, Outdoor Grill, Outdoor Shower

Lot Size0.20 acres (8,716 sq ft)

Lot Dimensions50 x 125

Road SurfaceAsphalt

Utilities

WaterPublic

SewerPublic Sewer

UtilitiesCable Connected, Electricity Connected, Public, Sewer Connected, Water Connected

Parking

GarageNo

HOA & Community

HOANo

Senior CommunityNo

Financial Details

List Price$1,250,000

Annual Taxes$12,202 (2023)

ZoningRSF3

Parcel #0082030056

Directions

From Tamiami Trail, go west on Siesta Drive to south on Higel to right on Ocean Blvd south, to left on Canal to left on Avenida de Mayo. Property is located on the right side of the road approximately 3 blocks.

Location

604 AVENIDA DE MAYO, SARASOTA, FL 34242

Listing Information

OfficeMICHAEL SAUNDERS & COMPANY

ListedJanuary 5, 2026

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Pick a Day

Preferred Time

Home Price

$1,250,000

Down Payment20% ($250,000)

Interest Rate6.75%

Loan Term

Principal & Interest$6,486

Property Tax (est.)$1,146

Insurance (est.)$150

Total Monthly$7,782

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Financing a Luxury Home

Specialized financing for this $1,250,000 property in SARASOTA. Luxury purchases typically require jumbo or portfolio lending.

💎

Jumbo Loan

$125,000 Down

For homes exceeding conforming loan limits. Typically requires 10-20% down, strong credit, and reserves.

🎖️

VA Jumbo

$0 Down

VA-eligible borrowers can go above conforming limits with zero down in many cases.

🏦

Portfolio Loan

$187,500 Down

Held by the lender, not sold. Flexible terms for high-net-worth buyers with non-traditional income.

🔑

Bridge Loan

$250,000 Down

Short-term financing to buy before selling. Ideal for move-up buyers in competitive markets.

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Listing information is deemed reliable but not guaranteed. All measurements and data should be independently verified. This information is provided by the Stellar MLS. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed. 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. Data last updated: July 8, 2026.