Welcome to 170 Roosevelt Dr. Unit #22, a rare opportunity in the highly sought-after Pelican Gardens community just steps from iconic Lido Beach and a short walk to the vibrant boutiques and restaurants of St. Armands Circle. Unlike the recently updated units nearby, this studio condo is a blank slate, offering savvy investors or visionary buyers the chance to design and build their own coastal escape from the ground up. New Owner will receive $45, 813 from the HOA once permits are opened. The heavy lifting has been done interior demo is complete, and the unit is prepped for transformation. Whether you're planning to create a luxurious personal beach retreat or capitalize on Airbnb rental demand in one of Sarasota's strongest markets, this shell unit presents unmatched upside potential. With low HOA fees, a pet-friendly policy, and a location thats second to none, Unit #22 is your ticket to building instant equity just steps from the Gulf. Dont miss this chance to customize your ideal Lido Key getaway or income-producing asset.
Property Features
Bedrooms
- Bedrooms: 1
- Primary Bedroom Level: First
Other Rooms
- Total Rooms: 5
- Living Room Level: First
- Studio Level: First
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
- Bathroom 1 Level: First
Interior Features
- Ninguno
- Flooring: Terrazzo
Heating and Cooling
- Cooling Features: Ductless
- Heating Features: Central, Electric
Kitchen and Dining
Exterior and Lot Features
- Storage
- Road Surface Type: Asphalt, Concrete
Land Info
- Lot Size Acres: 0.9
- Vegetation: Mature Landscaping
- Lot Size Square Feet: 39183
Homeowners Association
- Association: Yes
- Association Fee: 595
- Association Fee Frequency: Monthly
- Association Fee Includes: Common Area Taxes, Pool, Insurance, Maintenance Structure, Maintenance Grounds, Sewer, Trash, Water
- Calculated Total Monthly Association Fees: 595
- Association Name: PMI Capstone
- Association Phone: 9415548838
- Pets Allowed: Yes
- Pet Description: Max Pet Weight: 100
Condo Info
- Unit Floor In Building: 1
Rental Info
- Lease Term: Minimum Lease: 1 Week
Amenities and Community Features
- Community Features: Clubhouse, Pool
Other Property Info
- Annual Tax Amount: 3766.13
- Source Listing Status: Active
- County: Sarasota
- Directions: Heading over the bridge onto the Lido, go through the circle on Benjamin Franklin Dr, turn left on Roosevelt Dr and park on the street. Unit is part of the building where the pool is.
- Tax Year: 2024
- Ownership: Condominium
- Source Property Type: Residential
- Area: 34236 - Sarasota
- Property Subtype: condo
- Source Neighborhood: PELICAN GARDENS
- Parcel Number: 2016144021
- Postal Code Plus 4: 2248
- Public Survey Range: 17E
- Public Survey Section: 35
- Subdivision: PELICAN GARDENS
- Township: 36S
- Zoning: RMF3
- Property Features: Condo Fees: 0 null
- Property Subtype: Condominium
- Source System Name: C2C
Building and Construction
- Total Square Feet Living: 397
- Year Built: 1955
- Building Area Source: Public Records
- Building Area Total: 397
- Building Name: 22
- Construction Materials: Block
- Direction Faces: North
- Foundation Details: Slab
- Levels: One
- Living Area Source: Public Records
- Living Area Units: Square Feet
- Property Age: 70
- Roof: Membrane
- Levels or Stories: 1
- Building Total Stories: 1
Utilities
- Sewer: Public Sewer
- Public
- Water Source: Public