1761 Siesta Drive, Sarasota, FL 34239
Local realty services provided by:ERA Grizzard Real Estate
Listed by: danielle dietrich, pa
Office: coldwell banker realty
MLS#:A4688614
Source:MFRMLS
Price summary
- Price:$1,100,000
- Price per sq. ft.:$490.63
About this home
Under contract-accepting backup offers. 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....
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Home facts
- Year built:1949
- Listing ID #:A4688614
- Added:49 day(s) ago
- Updated:May 23, 2026 at 07:49 AM
Rooms and interior
- Bedrooms:4
- Total bathrooms:4
- Flooring:Terrazzo, Tile, Vinyl
- Dining Description:Eat In Kitchen
- Kitchen Description:Dishwasher, Eat-in Kitchen, Microwave, Range, Refrigerator, Solid Surface Counters, Solid Wood Cabinets
- Living area:2,020 sq. ft.
Heating and cooling
- Cooling:Central Air, Mini-Split Unit(s), Wall/Window Unit(s)
- Heating:Central, Electric
- Central air:Yes
Structure and exterior
- Roof:Shingle
- Year built:1949
- Building area:2,020 sq. ft.
- Lot area:0.14 Acres
- Lot Features:Landscaped, Near Public Transit, Paved, Private
- Construction Materials:Block, Concrete
- Exterior Features:Covered Porch/Patio, Front Porch, Lighting, Patio, Porch, Rear Porch, Side Porch
- Foundation Description:Slab
- Levels:1 Story
Utilities
- Water:Public, Water - Multiple Meters, Water Connected
- Sewer:Private, Public Sewer, Sewer Connected
Finances and disclosures
- Price:$1,100,000
- Price per sq. ft.:$490.63
- Tax amount:$4,880 (2025)
Features and amenities
- Appliances:Dishwasher, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
- Laundry features:Dryer, Electric Dryer Hookup, In Common Area, Laundry Closet, Washer, Washer Hookup
- Amenities:Built-In Features, Ceiling Fans(s), Crown Molding, Eat-in Kitchen, Fiber Optics, Solid Surface Counters, Solid Wood Cabinets, Window Treatments
- Pool features:Public Pool
Parking
- Parking description:Assigned, Common, Driveway, Guest
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