1761 Siesta Dr & 1760 Wisconsin Ln, Sarasota, FL 34239
- $1,750,000
- 10
- BD
- 8
- BA
- 4,435
- SqFt
- Sold Price
- $1,750,000
- List Price
- $2,400,000
- Status
- Sold
- Days on Market
- 33
- Closing Date
- Jun 18, 2026
- MLS#
- A4688714
- Property Style
- Triplex
- Year Built
- 1949
- Bedrooms
- 10
- Bathrooms
- 8
- Living Area
- 4,435
- Lot Size
- 12,733
- Acres
- 0.29
- Total Acreage
- 1/4 to less than 1/2
- Legal Subdivision Name
- Bayview
- Community Name
- Bayview
- MLS Area Major
- Sarasota/Pinecraft
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.
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Additional Information
- Taxes
- $9642
- Minimum Lease
- 1 Week
- Location
- In County, Landscaped, Near Public Transit, Private, Street One Way, Paved
- Community Features
- No Deed Restriction
- Property Description
- One Story
- Zoning
- RMF2
- Interior Layout
- Built-in Features, Ceiling Fans(s), Crown Molding, Eat-in Kitchen, Solid Surface Counters, Solid Wood Cabinets, Window Treatments
- Interior Features
- Built-in Features, Ceiling Fans(s), Crown Molding, Eat-in Kitchen, Solid Surface Counters, Solid Wood Cabinets, Window Treatments
- Floor
- Terrazzo, Tile, Vinyl
- Appliances
- Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
- Utilities
- Electricity Connected, Fiber Optics, Private, Sewer Connected, Water - Multiple Meters, Water Connected
- Heating
- Central, Electric
- Air Conditioning
- Central Air, Mini-Split Unit(s), Wall/Window Unit(s)
- Fireplace
- Yes
- Fireplace Description
- Family Room, Living Room
- Exterior Construction
- Block, Concrete
- Exterior Features
- Fence, Lighting, Private Entrance, Private Mailbox, Private Yard, RV Hookup, Storage
- Roof
- Shingle
- Foundation
- Block, Concrete Perimeter, Slab
- Pool
- No Pool
- Garage Features
- Assigned, Boat, Common, Off Street, RV Access/Parking
- Pets
- Allowed
- Flood Zone Code
- X
- Parcel ID
- 2039100047-1
- Legal Description
- LOT 25 BLK B BAYVIEW and LOT 26 BLK B BAYVIEW
Listing courtesy of COLDWELL BANKER REALTY. 941-366-8070
Selling Office: COLDWELL BANKER REALTY.Mortgage Calculator
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