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Property view

1761 Siesta Drive, 
Sarasota, FL 34239

$800,000


4

Beds


4

Baths


2,020

Sq Ft


Multi-Family

Sold

Bought with COLDWELL BANKER REALTY

MLS#

A4688614

Source:

MFRMLS

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About This Home

1761 Siesta Drive

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.

Home Facts

Multi-Family

4 Baths

4 Bedrooms

Built in 1949

Subdivision & Development:

BAYVIEW

Price Summary

1,100,000

$544 per Sq. Ft.

MLS #:

A4688614

Sold:

June 18, 2026


Rooms & Interior

Bedrooms

Total Bedrooms:

4

Bathrooms

Total Bathrooms:

4

Interior

Living Area:

2,020 Sq. Ft.


Structure

Structure

Building Area:

2,242 Sq. Ft.

Year Built:

1949


Lot

Lot Size (Sq. Ft):

6,347


Finances & Disclosures

Finances

Price:

$1,100,000

Price per Sq. Ft:

$544 per Sq. Ft.

1761 Siesta Drive
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