1761 SIESTA DR & 1760 WISCONSIN LN Sarasota, FL $ 2,400,000
1761 SIESTA DR & 1760 WISCONSIN LN
$ 2,400,000
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1761 SIESTA DR & 1760 WISCONSIN LN

Sarasota, FL, 34239
$ 2,400,000
Bedrooms10 Baths8.0 Sq 4,435

Monthly Estimate*

$ 14,777

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View a Virtual Tour

Multi-Family Home for sale in Sarasota, FL

for $2,400,000 with 10 bedrooms and 8 full baths. This 4,435 square foot home was built in 1949 on a lot size of 0.29.

7 Rentable Units | 10 Bed, 8 Bath Income Property – Prime Siesta Key Location! Exceptional opportunity to own a fully leased multifamily property just minutes from world-famous Siesta Key Beach. Located on Siesta Drive—the gateway to Siesta Key—this offering includes two adjacent triplexes on two separate lots, with potential to expand to 8 units. The property features a versatile mix of 1BR, 2BR, 3BR, and studio layouts, ideal for maximizing rental income. Zoned for weekly rentals (7-day minimum) within city limits, this property offers strong income potential with a blend of long-term tenants and proven short-term rental performance (Airbnb 5-star host/seasonal). Recent upgrades include newer roofs (2016–2017), new siding, updated A/C units, hot water heaters (2021+), appliances, exterior plumbing, fencing, and security lighting/cameras. Professionally landscaped grounds enhance curb appeal. On-site laundry with the ability to add laundry to every unit. Tenants pay utilities with 7 separate water and electric meters. Situated just blocks from the North Bridge and within walking distance to shopping, dining, and everyday conveniences. Located in an X flood zone – NO flood insurance required, and Level D evacuation zone. Ample parking for up to 17 vehicles, plus space for boats, kayaks, and recreational toys. Buy one or both – must be sold simultaneously: 1761 Siesta Dr & 1760 Wisconsin Ln – a rare high-income investment package on Siesta Key. Strong financials: ~7.45% cap rate, under $20K in annual expenses, and projected income of $175K–$200K+ with upside potential. Do not disturb tenants. Showings by appointment only; listing agent must accompany all showings.

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Multi-Family Active

Price

$ 2,400,000

Bedrooms

10

Full Bath

8

Property Type

Multi-Family

Taxes

$ 9,642

Style

Triplex

Lot Size

0.29

Year Built

1949

Town/City

Sarasota

County/Region

Sarasota

MLS | Web ID

A4688714

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 Disposal 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
Levels One
Property Subtype Triplex
Tax Year 2025
Ownership Fee Simple
Additional Parcels Description 2039100001
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 8
MLS Area 34239 - Sarasota/Pinecraft
Lot Size Units Square Feet
Lot Size Square Feet 12733
Carport Y/N false
Listing Terms Cash Conventional
Land Lease Y/N false
Tax Annual Amount 9642.89
Ok to Lease 12 Months
Additional Parcels Y/N true
Lease Considered Y/N true
Virtual Tour https://www.propertypanorama.com/instaview/stellar/A4688714
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 and LOT 26 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
Fireplace Features Family Room Living Room
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 10
Total Baths 8
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Exterior
Exterior Amenities Fenced Lighting Private Entrance Private Mailbox Private Yard Storage
Parking Features Assigned Common
Lot Features In County Landscaped Near Public Transit Private Street One Way
Water Source Public
Lot Size Area 12733
Foundation Details Block Concrete Perimeter Slab
Number of Buildings 2
Building Area Total 4525
Lot Size Acres 0.29
Road Surface Type Paved Asphalt
Private Pool false
Waterfront Y/N false
Number of Separate Water Meters 7
Number of Separate Electric Meters 7
Road Frontage Type Street One Way Street Paved
Number of Lots 2
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* Excluded Features
List By
Coldwell Banker Realty

Broker

danielle.dietrich@floridamoves.com

Email

Affordability Calculator

$15,581
Per Month
95%
5%
0%
Monthly Principal & Interest
$14,777
Monthly Property Taxes
$804
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
4/4/2026$2,400,000 Listed Price

Map


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1761 SIESTA DR & 1760 WISCONSIN LN, Sarasota, FL, 34239 is a Multi-Family Home for sale at $2,400,000 with 4,435 sqft and a lot size of 0.29. 1761 SIESTA DR & 1760 WISCONSIN LN has 10 bedrooms, 8.0 baths, and was built in 1949. The property's zip code is 34239 which is in Sarasota, FL