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1761 SIESTA DRIVE

Multi-family For Sale
$1,100,000

BTC: 16.17647059

ETH: 11,000.00000000

3 days
4 bds
2,020 sqft
Est. Estimated sales range: $0 - $0
$0

Overview

Siesta Key Triplex – High-Yield, Weekly Rental Zoned Investment! Concrete triplex in city limits featuring one 2BR/2BA and two 1BR/1BA units with long-term tenants in place...immediate cash flow from day one. Proven income of $65K–$85K annually with low overhead expenses (taxes, insurance, landscaping only). Tenants pay all utilities with separate electric & water meters for each unit. Weekly rental zoning in city limits is a major upside for short-term income potential. Ideal for investors looking to significantly increase returns or house-hack by living in one unit and renting the others. Recent upgrades include new A/C systems, water heaters, appliances, security cameras, exterior lighting, and tropical landscaping. Solid concrete construction in Evacuation Zone D and NO flood insurance is required. Prime location just minutes to Siesta Key Beach, walking distance to dining, shopping, and essentials. Quick access on/off the key only 2 blocks to North Bridge. Value-add opportunity: Purchase adjacent property at 1760 Wisconsin Lane to scale to a 7+ unit portfolio with potential six-figure+ income. Why buy just one when you can buy both! Strong in-place income makes this a rare Siesta Key investment. Do not disturb tenants. Showings by appointment only; listing agent must accompany all showings.

Location

Florida • SARASOTA • 34239 • Multi-family • For Sale

Facts and features

Type:
Residential Income
Parking:
Assigned / Common / Driveway / Guest
Year Built:
1949
Lot:
0.14 Acres
Heating:
Central / Electric
Price/sqft:
$545
Cooling:
Central Air / Mini-Split Unit(s) / Wall/Window Unit(s)
HOA:
No Data
All facts and features

  • Flooring

    • Terrazzo

    • Tile

    • Vinyl

    Heating

    • Central

    • Electric

    Cooling

    • Central Air

    • Mini-Split Unit(s)

    • Wall/Window Unit(s)

    Appliances

    • Dishwasher

    • 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: 4

  • Parking

    • Assigned

    • Common

    • Driveway

    • Guest

    Property

    • Levels: One

    • Exterior Features: Lighting / Private Entrance / Storage

    Lot

    • Lot: 0.14 Acres

    Other Property Information

    • Parcel Number: 2039100047

    • 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: $4,880

  • Source details

    • MLS ID: A4688614

    Other facts

    • Construction Materials: Block / Concrete

    • Foundation Details: 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: 2020

    • Water Source: Public

    • Subdivision Name: BAYVIEW

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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