1761 SIESTA DRIVE Sarasota, FL $ 1,100,000
1761 SIESTA DRIVE
$ 1,100,000
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1761 SIESTA DRIVE

Sarasota, FL, 34239
$ 1,100,000
Bedrooms4 Baths4.0 Sq 2,020

Monthly Estimate*

$ 6,773

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Multi-Family Home for sale in Sarasota, FL

for $1,100,000 with 4 bedrooms and 4 full baths. This 2,020 square foot home was built in 1949 on a lot size of 0.14.

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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Multi-Family Active

Price

$ 1,100,000

Bedrooms

4

Full Bath

4

Property Type

Multi-Family

Taxes

$ 4,879

Style

Triplex

Lot Size

0.14

Year Built

1949

Town/City

Sarasota

County/Region

Sarasota

MLS | Web ID

A4688614

Features
General
Sewer Public Sewer
Heating Central Electric
Cooling Central Air Mini-Split Unit(s) Wall/Window Unit(s)
Utilities Electricity Connected Fiber Optics Private Sewer Connected Water - Multiple Meters Water Connected
Roof Shingle
Appliances Dishwasher Dryer Electric Water Heater Microwave Range Refrigerator Washer
Zoning RMF2
Patio/Porch Features Covered Front Porch Patio Porch Rear Porch Side Porch
Construction Materials Block Concrete
Pets Allowed Yes
Year Built 1949
Tenant Pays Electricity Water
Levels One
Property Subtype Triplex
Tax Year 2025
Ownership Fee Simple
County Sarasota
New Construction false
Property Type Residential Income
Subdivision Name BAYVIEW
Garage Y/N false
Status Active
Directions 41 to Siesta on the corner of Siesta and Wisconsin. 2 buildings - 1761 Siesta Dr and 1760 Wisconsin.
City SARASOTA
Senior Community Y/N false
Number Of Units Total 3
MLS Area 34239 - Sarasota/Pinecraft
Lot Size Units Square Feet
Lot Size Square Feet 6347
Carport Y/N false
Listing Terms Cash Conventional
Land Lease Y/N false
Tax Annual Amount 4879.92
Ok to Lease 12 Months
Additional Parcels Y/N false
Lease Considered Y/N true
Virtual Tour https://www.propertypanorama.com/instaview/stellar/A4688614
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
Occupancy Type Tenant
Tax Lot 25
Legal Description LOT 25 BLK B BAYVIEW
Minimum Lease 1 Week
Water Access Y/N false
Water View Y/N false
Flood Zone Code X
DockY/N false
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Interior
Interior Amenities Built-in Features Ceiling Fan(s) Crown Molding Eating Space In Kitchen Solid Surface Counters Solid Wood Cabinets Window Treatments
Flooring Terrazzo Tile Vinyl
Furnished Y/N Unfurnished
Fireplace Features Family Room Living Room
Common Walls Corner Unit
Air Conditioning Y/N true
Heating Y/N true
Window Features Blinds
Fireplace Y/N true
Laundry Features Common Area Electric Dryer Hookup Laundry Closet Outside Washer Hookup
Total Bedrooms 4
Total Baths 4
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Exterior
Exterior Amenities Lighting Private Entrance Storage
Parking Features Assigned Common Driveway Guest
Lot Features In County Landscaped Near Public Transit Private Street One Way
Water Source Public
Lot Size Area 6347
Foundation Details Slab
Number of Buildings 1
Building Area Total 2242
Lot Size Acres 0.14
Road Surface Type Paved Asphalt
Private Pool false
Waterfront Y/N false
Number of Separate Water Meters 3
Number of Separate Electric Meters 3
Road Frontage Type Street One Way Street Paved
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* Excluded Features
List By
Coldwell Banker Realty

Broker

danielle.dietrich@floridamoves.com

Email

Affordability Calculator

$7,179
Per Month
94%
6%
0%
Monthly Principal & Interest
$6,773
Monthly Property Taxes
$407
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/3/2026$1,100,000 Listed Price

Map


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1761 SIESTA DRIVE, Sarasota, FL, 34239 is a Multi-Family Home for sale at $1,100,000 with 2,020 sqft and a lot size of 0.14. 1761 SIESTA DRIVE has 4 bedrooms, 4.0 baths, and was built in 1949. The property's zip code is 34239 which is in Sarasota, FL