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1761 SIESTA DR & 1760 WISCONSIN LN

Multi-family Active With Contract
$2,400,000

BTC: 37.50000000

ETH: 1,374.57044674

33 days
10 bds
4,435 sqft

Overview

Under contract-accepting backup offers. 7 Rentable Units | 10 Bed, 8 Bath Income Property – Prime Siesta Key Location! Exceptional opportunity to own a fully leased multifamily property just minutes from world-famous Siesta Key Beach. Located on Siesta Drive—the gateway to Siesta Key—this offering includes two adjacent triplexes on two separate lots, with potential to expand to 8 units. The property features a versatile mix of 1BR, 2BR, 3BR, and studio layouts, ideal for maximizing rental income. Zoned for weekly rentals (7-day minimum) within city limits, this property offers strong income potential with a blend of long-term tenants and proven short-term rental performance (Airbnb 5-star host/seasonal). Recent upgrades include newer roofs (2016–2017), new siding, updated A/C units, hot water heaters (2021+), appliances, exterior plumbing, fencing, and security lighting/cameras. Professionally landscaped grounds enhance curb appeal. On-site laundry with the ability to add laundry to every unit. Tenants pay utilities with 7 separate water and electric meters. Situated just blocks from the North Bridge and within walking distance to shopping, dining, and everyday conveniences. Located in an X flood zone – NO flood insurance required, and Level D evacuation zone. Ample parking for up to 17 vehicles, plus space for boats, kayaks, and recreational toys. Buy one or both – must be sold simultaneously: 1761 Siesta Dr & 1760 Wisconsin Ln – a rare high-income investment package on Siesta Key. Strong financials: ~5.19% cap rate, under $20K in annual expenses, and projected income of $175K+ with upside potential. Do not disturb tenants. Showings by appointment only; listing agent must accompany all showings.

Location

Details

Type:
Residential Income
Parking:
Assigned / Boat / Common / Off Street / RV Parking
Year Built:
1949
Lot:
0.29 Acres
Heating:
Central / Electric
Price/sqft:
$541
Cooling:
Central Air / Mini-Split Unit(s) / Wall/Window Unit(s)
HOA:
No Data

Highlights

Annual tax
$9,642
2025
Pets
Allowed
All facts and features
  • Flooring

    • Terrazzo

    • Tile

    • Vinyl

    Heating

    • Central

    • Electric

    Cooling

    • Central Air

    • Mini-Split Unit(s)

    • Wall/Window Unit(s)

    Appliances

    • Dishwasher

    • Disposal

    • Dryer

    • Electric Water Heater

    • Microwave

    • Range

    • Refrigerator

    • Washer

    Other interior features

    • Built-in Features

    • Ceiling Fan(s)

    • Crown Molding

    • Eating Space In Kitchen

    • Solid Surface Counters

    • Solid Wood Cabinets

    • Window Treatments

    Bedrooms and bathrooms

    • Bedrooms: 10

  • Parking

    • Assigned

    • Boat

    • Common

    • Off Street

    • RV Parking

    Property

    • Levels: One

    • Exterior Features: Fenced / Lighting / Private Entrance / Private Mailbox / Private Yard / RV Hookup / Storage

    Lot

    • Lot: 0.29 Acres

    Other Property Information

    • Parcel Number: 20391000471

    • Zoning: RMF2

  • Type and style

    • Property Type: Residential Income

    • Property Sub Type: Triplex

  • Utility

    • Electricity Connected

    • Fiber Optics

    • Private

    • Sewer Connected

    • Water - Multiple Meters

    • Water Connected

  • Other financial information

    • Annual tax amount: $9,643

  • Source details

    • MLS ID: A4688714

    Other facts

    • Construction Materials: Block / Concrete

    • Foundation Details: Block / Concrete Perimeter / Slab

    • Fireplace Features: Family Room / Living Room

    • Laundry Features: Common Area / Electric Dryer Hookup / Laundry Closet / Outside / Washer Hookup

    • Lot Features: In County / Landscaped / Near Public Transit / Private / Street One Way

    • Patio And Porch Features: Covered / Front Porch / Patio / Porch / Rear Porch / Side Porch

    • Window Features: Blinds

    • Fireplace: Yes

    • Living Area: 4435

    • Water Source: Public

    • Subdivision Name: BAYVIEW

Private inquiry
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The multiple listing information is provided by the Stellar MLS from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Stellar MLS. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: COLDWELL BANKER REALTY