1761 Siesta Drive Sarasota, FL 34239
Listing Courtesy of: MLS LogoSTELLAR as distributed by MLS GRID / Coldwell Banker Realty / Danielle Dietrich - Contact:  941-366-8070

  1761 Siesta Drive Sarasota, FL 34239

Active
$1,100,000 (USD)
4
BED
4
BATH
2,020
SQFT

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.

MLS #:
A4688614
Taxes
$4,880(2025)
Lot Size
6,347 SQFT
Type
Multifamily
Year Built
1949
County
Sarasota County

Listed By

Danielle Dietrich, Coldwell Banker Realty, Contact: 941-366-8070
Source
STELLAR
Last checked Apr 3 2026 at 7:08 PM GMT+0000
Bathroom Details
Interior Features
  • Unfurnished
  • Solid Wood Cabinets
  • Solid Surface Counters
  • Crown Molding
  • Window Treatments
  • Appliances: Dishwasher
  • Appliances: Electric Water Heater
  • Appliances: Refrigerator
  • Appliances: Washer
  • Ceiling Fans(s)
  • Appliances: Microwave
  • Appliances: Range
  • Appliances: Dryer
  • Eat-In Kitchen
  • Built-In Features
Subdivision
  • Bayview
Lot Information
  • In County
  • Street One Way
  • Near Public Transit
  • Paved
  • Private
  • Landscaped
Property Features
  • Fireplace: Family Room
  • Fireplace: Living Room
  • Foundation: Slab
Heating and Cooling
  • Central
  • Electric
  • Central Air
  • Wall/Window Unit(s)
  • Mini-Split Unit(s)
Flooring
  • Terrazzo
  • Vinyl
  • Tile
Exterior Features
  • Block
  • Concrete
  • Roof: Shingle
Utility Information
  • Utilities: Fiber Optics, Private, Water Connected, Water Source: Public, Electricity Connected, Sewer Connected, Water - Multiple Meters
  • Sewer: Public Sewer
Parking
  • Guest
  • Driveway
  • Assigned
  • Common
Living Area
  • 2,020 sqft
Additional Information: Sarasota Downtown | 941-366-8070
Location
   
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Disclaimer: Listings Courtesy of “My Florida Regional MLS DBA Stellar MLS © 2026. IDX information is provided exclusively for consumers personal, non-commercial use and may not be used for any other purpose other than to identify properties consumers may be interested in purchasing. All information provided is deemed reliable but is not guaranteed and should be independently verified. Last Updated: 4/3/26 12:08
Based on information submitted to the MLS GRID as of 4/3/2026 19:08. 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.