FL
Sarasota
SARASOTA
34239
1761 SIESTA DRIVE
1761 SIESTA DRIVE, SARASOTA, FL 34239
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Listing Type
Multi Family
Listing Status
Active
51
$1,100,000

Home Details for 1761 SIESTA DRIVE

Price
$1,100,000
Type
Residential Income
Bedrooms
4
Total Bathrooms
4
Square feet
2020
Year built
1949
Lot size acres
0.14
County
Sarasota
MLS Listing#
A4688614
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.

Property Features
  • Parking
    • Assigned
    • Common
    • Driveway
    • Guest
  • House Interior
    • Built-in Features
    • Crown Molding
    • Eat-in Kitchen
  • Utilities
    • Electricity Connected
    • Sewer Connected
    • Water Connected
  • Cooling Information
    • Central Air
    • Wall/Window Unit(s)
  • Heating Information
    • Central
    • Electric
  • Fire Place
    • Family Room
    • Living Room
  • Water Features
    • Public
Listing Courtesy: COLDWELL BANKER REALTY - 941-366-8070
Listings courtesy of Stellar MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Listing information is provided for consumers? personal, non-commercial use, solely to identify prospective properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Information deemed reliable but not guaranteed. Copyright ©2026 MLS GRID. All Rights Reserved.
Last Updated: 2026-04-03 15:50:10
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EXIT REALTY 4CORNERS
49503 Hwy 27 Unit B, Davenport, FL 33897
Kregg Smith
License #: BK3302418
License #: 10301223973
Associate Broker
Office
863 344 3948
Agent
607 235 6515
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