1761 Siesta Drive, Central Sarasota, FL 34239
- $800,000
- 4
- BD
- 4
- BA
- 2,020
- SqFt
- Sold Price
- $800,000
- List Price
- $1,100,000
- Status
- SOLD
- MLS#
- A4688614
- Closing Date
- Jun 18, 2026
- Bedrooms
- 4
- Bathrooms
- 4
- Living Area
- 2,020
- Subdivision
- Bayview
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.
Additional Information
- Year Built
- 1949
- Construction
- Block, Concrete
- Living Area
- 2,020
- Acres
- 0.14
- Interior Features
- Built-in Features, Ceiling Fans(s), Crown Molding, Eat-in Kitchen, Solid Surface Counters, Solid Wood Cabinets, Window Treatments
- Cooling
- Central Air, Mini-Split Unit(s), Wall/Window Unit(s)
- Heating
- Central, Electric
- Parking
- Assigned, Common, Driveway, Guest
- Exterior Features
- Lighting, Private Entrance, Storage
- Sewer
- Public Sewer
- Pets
- Yes
Listing courtesy of COLDWELL BANKER REALTY. Selling Office: COLDWELL BANKER REALTY.
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