$2,480,000
1761 SIESTA DRIVE
SARASOTA, FL, 34239
Exceptional 6-Unit Income Property – Prime Location on Siesta Key!
Incredible opportunity to own a fully leased, 6+ unit (ability to make it 8-unit) multifamily property just minutes from world-renowned Siesta Key Beach. This rare income-producing property combines two adjacent triplexes offering a versatile mix of units:
(1) 2BR/2BA (Front-Pink, Siesta- able to split as 1/1 and 1/1 Efficiency)
(1) 1BR/1BA (Front-Blue, middle Siesta Cottage)
(1) 1BR/1BA (Front-Yellow, back/side Siesta Cottage)
(2) 1BR/1BA (Back- Blue and Yellow; Wisconsin)
(1) Studio 1/1 (efficiency layout; Back-Red, Wisconsin)
(1) 3BR/1BA (Back- Pink, Wisconsin)
Whether you’re an investor seeking strong returns or an owner-occupant looking to offset your housing expenses, this property offers proven income with both long-term tenants and short-term (weekly) rental zoning, maximizing flexibility and potential revenue.
Recent updates and features include: Newer roofs (2016 & 2017); All NEW siding, including new cement board siding on one structure; NEW hot water heaters (2021 & newer); New appliances in all units; New A/C units; Outdoor sensor lighting and security cameras; Professionally landscaped grounds with exotic plants and mature trees; NEW exterior PVC plumbing, NEW Fencing and much more!
Located in a high-demand area, just blocks from the North Bridge of Siesta Key and walking distance to grocery stores, dining, shopping malls, public transportation, banks, post office, and more. Weekly rentals are permitted, making this an ideal option for Airbnb or seasonal leasing. Level D evacuation zone; No Flood Insurance Required in X-Zone! CITY LIMITS (7-day minimum!). Largest multiplex on siesta- won’t last!
Parking allows for up to 17 vehicles, even extra space for your outdoor toys- boats, kayaks, jet-skis etc…This is the diamond in the rough for location and income ability with flexibility on SIESTA!
This property must be sold in conjunction with adjacent parcel at 1760 Wisconsin Lane, Sarasota, FL 34239 (even if to separate buyers), creating a rare 6-unit investment package with excellent income potential.
Please do not visit or walk the property without an appointment. Listing agent must accompany.
Incredible opportunity to own a fully leased, 6+ unit (ability to make it 8-unit) multifamily property just minutes from world-renowned Siesta Key Beach. This rare income-producing property combines two adjacent triplexes offering a versatile mix of units:
(1) 2BR/2BA (Front-Pink, Siesta- able to split as 1/1 and 1/1 Efficiency)
(1) 1BR/1BA (Front-Blue, middle Siesta Cottage)
(1) 1BR/1BA (Front-Yellow, back/side Siesta Cottage)
(2) 1BR/1BA (Back- Blue and Yellow; Wisconsin)
(1) Studio 1/1 (efficiency layout; Back-Red, Wisconsin)
(1) 3BR/1BA (Back- Pink, Wisconsin)
Whether you’re an investor seeking strong returns or an owner-occupant looking to offset your housing expenses, this property offers proven income with both long-term tenants and short-term (weekly) rental zoning, maximizing flexibility and potential revenue.
Recent updates and features include: Newer roofs (2016 & 2017); All NEW siding, including new cement board siding on one structure; NEW hot water heaters (2021 & newer); New appliances in all units; New A/C units; Outdoor sensor lighting and security cameras; Professionally landscaped grounds with exotic plants and mature trees; NEW exterior PVC plumbing, NEW Fencing and much more!
Located in a high-demand area, just blocks from the North Bridge of Siesta Key and walking distance to grocery stores, dining, shopping malls, public transportation, banks, post office, and more. Weekly rentals are permitted, making this an ideal option for Airbnb or seasonal leasing. Level D evacuation zone; No Flood Insurance Required in X-Zone! CITY LIMITS (7-day minimum!). Largest multiplex on siesta- won’t last!
Parking allows for up to 17 vehicles, even extra space for your outdoor toys- boats, kayaks, jet-skis etc…This is the diamond in the rough for location and income ability with flexibility on SIESTA!
This property must be sold in conjunction with adjacent parcel at 1760 Wisconsin Lane, Sarasota, FL 34239 (even if to separate buyers), creating a rare 6-unit investment package with excellent income potential.
Please do not visit or walk the property without an appointment. Listing agent must accompany.
Property Details
Price:
$2,480,000
MLS #:
N6139645
Status:
Active
Beds:
10
Baths:
8
Address:
1761 SIESTA DRIVE
Type:
Multi Family
Subdivision:
BAYVIEW
Neighborhood:
34239 – Sarasota/Pinecraft
City:
SARASOTA
Listed Date:
Jul 11, 2025
State:
FL
Finished Sq Ft:
4,435
Total Sq Ft:
4,525
ZIP:
34239
Lot Size:
12,733 sqft / 0.29 acres (approx)
Year Built:
1949
Units:
8
Schools
Interior
Appliances
Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
Cooling
Central Air, Mini- Split Unit(s), Wall/ Window Unit(s)
Flooring
Terrazzo, Tile, Vinyl
Heating
Central, Electric
Laundry Features
Common Area, Electric Dryer Hookup, Laundry Closet, Outside, Washer Hookup
Exterior
Construction Materials
Block, Concrete
Exterior Features
Lighting, Storage
Parking Features
Assigned, Common
Roof
Shingle
Financial
Tax Year
2024
Taxes
$9,328
Mortgage Calculator
Map
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Courtesy of COLDWELL BANKER REALTY. Disclaimer: All data relating to real estate for sale on this page comes from the Internet Data Exchange (IDX) Program of Stellar MLS. Detailed information about real estate listings held by brokerage firms other than Treasured Home Collection include the name of the listing broker. Neither the listing company nor Treasured Home Collection shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2025. Stellar MLS. All rights reserved. 1761 SIESTA DRIVE
SARASOTA, FL
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