Multi-Family $ 0

1761 Siesta DR

Sarasota, FL 34239

  • 10 Beds
  • 9 Baths
    Full Baths: 9
  • 0.29 Lot Size
  • 1949 Year Built
Exceptional 6-Unit Income Property – Prime Location Near 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); 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! 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.
Listed by Coldwell Banker Residential RE

PROPERTY DETAIL

  • Key Details

    Property Type Multi-Family

    Sub Type Triplex

    Listing Status Active

    Purchase Type For Sale

    Subdivision Bayview

    MLS Listing ID 225063194

    Style Resale Property

    Bedrooms 10

    Full Baths 9

    HOA Y/N No

    Year Built 1949

    Annual Tax Amount $9,328

    Tax Year 2024

    Lot Size 0.290 Acres

    Acres 0.29

    Property Sub-Type Triplex

    Source Naples

  • Location

    State FL

    County Sarasota

    Community No Subdivision

    Area Bayview

    Zoning RMF2

  • Building

    Lot Description Oversize

    Water Central

    Architectural Style Triplex

    Structure Type Concrete Block,Stucco

    New Construction No

  • Interior

    Heating Central Electric

    Flooring Terrazzo, Tile, Vinyl

    Fireplace No

    Heat Source Central Electric

  • Exterior

    Fence Fenced

    Amenities Available See Remarks

    Waterfront Description None

    Roof Type Shingle

    Porch Patio

    Garage No

    Private Pool No

  • Others

    Pets Allowed Yes

    Senior Community No

    Tax ID 2039100047

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