SARASOTA, FL 34239 1761 SIESTA DRIVE
$1,100,000
Pending



46 more














































Presented By: COLDWELL BANKER REALTY with 941-366-8070. - 941-366-8070
Home Details
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.
Presented By: COLDWELL BANKER REALTY with 941-366-8070. - 941-366-8070
Interior Features for 1761 SIESTA DRIVE
Bedrooms
Total Bedrooms4
Bathrooms
Total Baths4
Other Interior Features
LivingAreaSourcePublic Records
Air Conditioning Y/NYes
Common WallsCorner Unit
Fireplace FeaturesFamily Room, Living Room
Fireplace Y/NYes
FlooringTerrazzo, Tile, Vinyl
Furnished Y/NUnfurnished
Heating Y/NYes
Interior AmenitiesBuilt-in Features, Ceiling Fan(s), Crown Molding, Eating Space In Kitchen, Solid Surface Counters, Solid Wood Cabinets, Window Treatments
Laundry FeaturesCommon Area, Electric Dryer Hookup, Laundry Closet, Outside, Washer Hookup
Window FeaturesBlinds
General for 1761 SIESTA DRIVE
Additional Parcels Y/NNo
AppliancesDishwasher, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
Building Area UnitsSquare Feet
Carport Y/NNo
CitySARASOTA
Construction MaterialsBlock, Concrete
CoolingCentral Air, Mini-Split Unit(s), Wall/Window Unit(s)
CountySarasota
Directions41 to Siesta on the corner of Siesta and Wisconsin. 2 buildings - 1761 Siesta Dr and 1760 Wisconsin.
DockY/NNo
Flood Zone CodeX
Flood Zone Code XY
Garage Y/NNo
HeatingCentral, Electric
Land Lease Y/NNo
Lease Considered Y/NYes
Legal DescriptionLOT 25 BLK B BAYVIEW
LevelsOne
Listing TermsCash, Conventional
Living Area UnitsSquare Feet
Lot Size Square Feet6347
Lot Size UnitsSquare Feet
MLS Area34239 - Sarasota/Pinecraft
Minimum Lease1 Week
New ConstructionNo
Number Of Units Total3
Occupancy TypeTenant
Ok to Lease12 Months
OwnershipFee Simple
Patio/Porch FeaturesCovered, Front Porch, Patio, Porch, Rear Porch, Side Porch
Pets AllowedYes
Property SubtypeTriplex
Property TypeResidential Income
RoofShingle
Senior Community Y/NNo
SewerPublic Sewer
Standard StatusPending
StatusPending
Subdivision NameBAYVIEW
Tax Annual Amount4879.92
Tax Lot25
Tax Year2025
Tenant PaysElectricity, Water
UtilitiesElectricity Connected, Fiber Optics, Private, Sewer Connected, Water - Multiple Meters, Water Connected
Virtual TourClick here
Water Access Y/NNo
Water View Y/NNo
Year Built1949
ZoningRMF2
Exterior for 1761 SIESTA DRIVE
Building Area Total2242
Exterior AmenitiesLighting, Private Entrance, Storage
Foundation DetailsSlab
Lot FeaturesIn County, Landscaped, Near Public Transit, Private, Street One Way
Lot Size Acres0.14
Lot Size Area6347
Number of Buildings1
Number of Separate Electric Meters3
Number of Separate Water Meters3
Parking FeaturesAssigned, Common, Driveway, Guest
Private PoolNo
Road Frontage TypeStreet One Way, Street Paved
Road Surface TypePaved, Asphalt
Water SourcePublic
Waterfront Y/NNo
Additional Details
Price History
Schools
High School
Hubert H Humphrey Middle School
Middle School
N/A
Elementary School
Big Hollow Elementary School
Audrey Cabral
Realtor®
SQFT • 2,020