1761 SIESTA DRIVE, Sarasota, FL 34239

• 4 beds |
• 4 baths |
• 2,020 sqft

Property Description

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.

Listing Status:

Active

Date Added:

April 3, 2026

Data Last Updated:

April 4, 2026 at 10:23PM

Listing Office:

COLDWELL BANKER REALTY : 941-366-8070

Listing Agent:

Danielle Dietrich, PA : 603-767-9166

MLS ID:

A4688614

Interior

• General: Built-in FeaturesCeiling Fans(s)Crown MoldingEat-in KitchenSolid Surface CountersSolid Wood CabinetsWindow Treatments
• Appliances: DishwasherDryerElectric Water HeaterMicrowaveRangeRefrigeratorWasher
• Laundry: Common AreaElectric Dryer HookupLaundry ClosetOutsideWasher Hookup
• Flooring: TerrazzoTileVinyl
• A/C: Central AirMini-Split Unit(s)Wall/Window Unit(s)
• Heating: CentralElectric
• Fireplace: Family RoomLiving RoomFireplace

Exterior

• General: LightingPrivate EntranceStorage
• Other Structures: PorchFront PorchRear PorchPatioSide PorchCovered
• Parking: AssignedCommonDrivewayGuest

Construction

• Roofing: Shingle
• Windows: Blinds
• General: BlockConcreteOneSlab

Location

• Road/Access: AsphaltPaved
• Originating MLS: Stellar MLS
• County: Sarasota

Lot

• Zoning: RMF2LOT 25 BLK B BAYVIEW2039100047

Utilities

• Utilities: Electricity ConnectedFiber OpticsPrivateSewer ConnectedWater - Multiple MetersWater Connected
• Water: Public
• Sewer: Public Sewer

Financial

• Source: Stellar MLS
• Ownership: Fee Simple