1761 Siesta Drive, Sarasota, FL 34239
- $800,000
- 4
- BD
- 4
- BA
- 2,020
- SqFt
- Sold Price
- $800,000
- List Price
- $1,100,000
- Status
- Sold
- Days on Market
- 33
- Closing Date
- Jun 18, 2026
- MLS#
- A4688614
- Property Style
- Triplex
- Year Built
- 1949
- Bedrooms
- 4
- Bathrooms
- 4
- Living Area
- 2,020
- Price per sq. ft.
- 544.55
- Lot Size
- 6,347
- Acres
- 0.14
- Total Acreage
- 0 to less than 1/4
- Legal Subdivision Name
- Bayview
- Community Name
- Bayview
- MLS Area Major
- Sarasota/Pinecraft
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.
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Additional Information
- Taxes
- $4879
- Minimum Lease Period
- 1 Week
- Location
- In County, Landscaped, Near Public Transit, Private, Street One Way, Paved
- Community Features
- No Deed Restriction
- Property Description
- One Story
- Zoning
- RMF2
- Interior Features
- Built-in Features, Ceiling Fans(s), Crown Molding, Eat-in Kitchen, Solid Surface Counters, Solid Wood Cabinets, Window Treatments
- Floor
- Terrazzo, Tile, Vinyl
- Appliances
- Dishwasher, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
- Utilities
- Electricity Connected, Fiber Optics, Private, Sewer Connected, Water - Multiple Meters, Water Connected
- Heating
- Central, Electric
- Air Conditioning
- Central Air, Mini-Split Unit(s), Wall/Window Unit(s)
- Fireplace
- Yes
- Fireplace Description
- Family Room, Living Room
- Exterior Construction
- Block, Concrete
- Exterior Features
- Lighting, Private Entrance, Storage
- Roof
- Shingle
- Foundation
- Slab
- Pool
- No Pool
- Garage Features
- Assigned, Common, Driveway, Guest
- Pets
- Allowed
- Flood Zone Code
- X
- Parcel ID
- 2039100047
- Legal Description
- LOT 25 BLK B BAYVIEW
Listing courtesy of COLDWELL BANKER REALTY. 941-366-8070
Selling Office: COLDWELL BANKER REALTY.Mortgage Calculator
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