Sold

1761 SIESTA Dr, Sarasota, FL 34239

Beds
4
Baths
4
Sqft
2,020

View property features, location on map, relevant school information and overview from seller's agent.

Listed byColdwell Banker Realty
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Overview

Under contract-accepting backup offers. 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

Full feature list

Basic info

Property type
Multi-family
Number of bedrooms
4
Number of bathrooms
4
Square feet
2,020
Lot size (acres)
0.14
Year built
1949

Interior features

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

Exterior features

Water view
Yes

Utilities

Heating
Central, Electric
Cooling
Wall/window unit(s), Multi-split AC, Central Air
Sewer
Public Sewer
Water
Public Water

Taxes

Tax Annual Amount (2025)
$4,879.92

Public schools

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Sourced from: Stellar MLS MLS®#: A4688614 Last checked:

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