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$1,750,000
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Property Description
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: ~5.19% cap rate, under $20K in annual expenses, and projected income of $175K+ with upside potential. Do not disturb tenants. Showings by appointment only; listing agent must accompany all showings.
Full Property Details
Full Property Details for 1761 Siesta Dr & 1760 Wisconsin Ln
General
- Sold For: $1,750,000
- Taxes: $9,642 (2025)
- Status: Closed
- Type: Triplex
- Source: MidFloridaRegionalMLS
- MLS ID: A4688714
- Added to Site: 102 day(s) ago
Rental Information
- Lease/Rent Term: 12 Months
- Min. Lease: 1 Week
Interior
- Interior Features: Built-in Features, Ceiling Fan(s), Crown Molding, Eating Space In Kitchen, Solid Surface Counters, Solid Wood Cabinets, Window Treatments
- Fireplace: Yes
- Fireplace(s): Family Room, Living Room
- Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
- Flooring: Terrazzo, Tile, Vinyl
Rooms
Bathrooms
- Total Bathrooms: 8
Bedrooms
- Total Bedrooms: 10
Other Rooms
- Laundry: Common Area, Electric Dryer Hookup, Laundry Closet, Outside, Washer Hookup
Exterior
- Exterior Features: Fenced, Lighting, Private Entrance, Private Mailbox, Private Yard, RV Hookup, Storage
- Deck/Patio: Covered, Front Porch, Patio, Porch, Rear Porch, Side Porch
- Porch/Patio/Deck: Covered, Front Porch, Patio, Porch, Rear Porch, Side Po
Parking
- Parking Features: Assigned, Boat, Common, Off Street, RV Parking
Location
- Area: 34239 - Sarasota/Pinecraft
- County: Sarasota
- Development Name: 34239 - Sarasota/Pinecraft
- Subdivision: BAYVIEW
- Driving Directions: 41 to Siesta on the corner of Siesta and Wisconsin. 2 buildings - 1761 Siesta Dr and 1760 Wisconsin.
Community
- Community Name: 34239 - Sarasota/Pinecraft
Heating & Cooling
- Cooling Type: Central Air, Mini-Split Unit(s), Wall/Window Unit(s)
- Heating Type: Central, Electric
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Electricity Connected, Fiber Optics, Private, Sewer Connected, Water - Multiple Meters, Water Connected
Structural Information
- # Buildings: 2
- Exterior Const.: Block, Concrete
- Roof: Shingle
- Windows: Blinds
- Stories/Levels: One
- Square Feet: 4,435
- Sq. Ft. Source: Public Records
- Living Area: 4,435 Sq. Ft.
- Year Built: 1949
Lot Features
- Lot Size (Acres): 0.29
- Lot Size (Sq. Ft.): 12,733
- Lot Size: 12733
- Frontage: Street One Way, Street Paved
- Street/Road Desc.: Paved, Asphalt
Financial Considerations
- Tax Amount: $9,642.89
- Tax Year: 2025
Disclosures and Reports
- Ownership: Fee Simple
- Special Conditions: None
- Legal Description: LOT 25 BLK B BAYVIEW and LOT 26 BLK B BAYVIEW
- Flood Zone Info: X
- APN: 20391000471
- Property ID: 20391000471
- Block/Lot/Section: B
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Schools
Schools serving 1761 Siesta Dr & 1760 Wisconsin Ln
School District:Sarasota County School District
| Name | Grades | Distance |
|---|---|---|
Southside Elementary School, Sarasota, FL 1901 Webber Street, Sarasota, FL 34239 | PK-5 | 0.4 mi |
Brookside Middle School 3636 South Shade Avenue, Sarasota, FL 34239 | 6-8 | 0.6 mi |
Sarasota High School 2155 Bahia Vista Street, Sarasota, FL 34239 | 9-12 | 1.6 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1761 Siesta Dr & 1760 Wisconsin Ln
Date
Details
Price
Change
Source
6/18/2026
Sold
$1,750,000
-27.08%
MLS
4/03/2026
Listed
$2,400,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
1761 Siesta Dr & 1760 Wisconsin Ln, Sarasota, FL 34239 (MLS# A4688714) is a Triplex property that was sold at $1,750,000 on June 18, 2026. This property was listed by Danielle Dietrich from our Sarasota Downtown Office.Want to learn more about 1761 Siesta Dr & 1760 Wisconsin Ln? Do you have questions about finding other Triplex real estate for sale in Sarasota? You can browse all Sarasota real estate or contact a Coldwell Banker agent to request more information.


