Properties

Property Description

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.

Features

Heating System : Central, Electric

Cooling System : Central Air, Wall/Window Unit(s), Mini-Split Unit(s)

Pet Allowed : Yes

Patio : Covered, Front Porch, Patio, Rear Porch, Porch, Side Porch

Furnished : Unfurnished

Appliances : Dishwasher, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer

Exterior Features : Storage, Lighting, Private Entrance

Fireplace Features : Living Room, Family Room

Flooring : Tile, Vinyl, Terrazzo

Interior Features : Eating Space In Kitchen, Window Treatments, Solid Surface Counters, Crown Molding, Solid Wood Cabinets, Ceiling Fan(s), Built-in Features

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

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

Parking Features : Driveway, Guest, Assigned, Common

Roof : Shingle

Sewer : Public Sewer

Utilities : Electricity Connected, Private, Sewer Connected, Water Connected, Fiber Optics, Water - Multiple Meters

Address Map

State : FL

County : Sarasota

City : SARASOTA

Zipcode : 34239

Street : 1761 SIESTA DRIVE

Floor Number : 1

Longitude : W83° 27' 56.1''

Latitude : N27° 18' 10.7''

Directions : 41 to Siesta on the corner of Siesta and Wisconsin. 2 buildings - 1761 Siesta Dr and 1760 Wisconsin.

Subdivision Name : BAYVIEW

MLS Addon

Construction Materials : Block, Concrete

DOM : 1

Foundation Details : Slab

Lease Term : 12 Months

Levels : One

Agent MlsId : 284510491

Office MlsId : 281502380

Listing Terms : Cash, Conventional

Number Of Units : 3

Road Frontage Type : Street Paved, Street One Way

Special Listing Conditions : No

Tax Annual Amount : $4,880

Tax Year : 2025

VirtualTour URL : https://www.propertypanorama.com/instaview/stellar/A4688614

Water Source : Public

Zoning : RMF2

Google Map

Residential Income For Sale

1761 SIESTA DRIVE, SARASOTA, Florida 34239

4 Bedrooms

2,020 Sqft

Visits : 35 in 31 days

$1,100,000

Listing ID #A4688614

Basic Details

Property Type : Residential Income

Listing Type : For Sale

Listing ID : A4688614

Status : Active

Brokerage Name : COLDWELL BANKER REALTY

Agent Name : Danielle Dietrich, PA

Price : $1,100,000

Bedrooms : 4

Square Footage : 2,020 Sqft

Year Built : 1949

Lot Size : 0.14 Acre

Building Area : 2,242 Sqft

Property SubType : Triplex

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Agent info

Gulf Sands Realty

Cynthia Brock
(941) 400-6237
gulfsands.cynthia@gmail.com

Contact Agent

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