1761 SIESTA DRIVE, Sarasota, FL 34239
- $1,100,000
Overview
- Triplex, Residential Income
- 4
- 4
- 2242 Sqft
Description
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.
Address
Open on Google Maps-
Address: 1761 SIESTA DRIVE
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City: Sarasota
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State/county: FL
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Zip/Postal Code: 34239
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Country: US
Details
Updated on May 6, 2026 at 11:21 pm-
Property ID HZA4688614
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Price $1,100,000
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Property Size 2242 Sqft
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Land Area 0.14 Acres
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Bedrooms 4
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Bathrooms 4
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Garage Size x x
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Year Built 1949
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Property Type Triplex, Residential Income
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Property Status Pending
Additional details
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Listing Terms Cash,Conventional
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Roof Shingle
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Utilities Electricity Connected,Fiber Optics,Private,Sewer Connected,Water - Multiple Meters,Water Connected
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Sewer Public Sewer
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Cooling Central Air,Mini-Split Unit(s),Wall/Window Unit(s)
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Heating Central,Electric
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Flooring Terrazzo,Tile,Vinyl
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County Sarasota
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Property Type Residential Income
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Parking Assigned,Common,Driveway,Guest
Mortgage Calculator
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