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$800,000
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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.
Full Property Details
Full Property Details for 1761 Siesta Dr
General
- Sold For: $800,000
- Taxes: $4,879 (2025)
- Status: Closed
- Type: Triplex
- Source: MidFloridaRegionalMLS
- MLS ID: A4688614
- Added to Site: 103 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, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
- Furnishings: Unfurnished
- Flooring: Terrazzo, Tile, Vinyl
Rooms
Bathrooms
- Total Bathrooms: 4
Bedrooms
- Total Bedrooms: 4
Other Rooms
- Laundry: Common Area, Electric Dryer Hookup, Laundry Closet, Outside, Washer Hookup
Exterior
- Exterior Features: Lighting, Private Entrance, 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, Common, Driveway, Guest
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: 1
- Exterior Const.: Block, Concrete
- Roof: Shingle
- Common Walls: Corner Unit
- Windows: Blinds
- Stories/Levels: One
- Square Feet: 2,020
- Sq. Ft. Source: Public Records
- Living Area: 2,020 Sq. Ft.
- Year Built: 1949
Lot Features
- Lot Size (Acres): 0.14
- Lot Size (Sq. Ft.): 6,347
- Lot Size: 6347
- Frontage: Street One Way, Street Paved
- Street/Road Desc.: Paved, Asphalt
Financial Considerations
- Tax Amount: $4,879.92
- Tax Year: 2025
Disclosures and Reports
- Ownership: Fee Simple
- Special Conditions: None
- Legal Description: LOT 25 BLK B BAYVIEW
- Flood Zone Info: X
- APN: 2039100047
- Property ID: 2039100047
- Block/Lot/Section: B
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Schools
Schools serving 1761 Siesta Dr
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
Date
Details
Price
Change
Source
6/18/2026
Sold
$800,000
-27.27%
MLS
4/03/2026
Listed
$1,100,000
—
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 Drive, Sarasota, FL 34239 (MLS# A4688614) is a Triplex property that was sold at $800,000 on June 18, 2026. This property was listed by Danielle Dietrich from our Sarasota Downtown Office.Want to learn more about 1761 Siesta Drive? 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.


