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$2,480,000
New Listing

1761 SIESTA DRIVE
SARASOTA, FL 34239

For Sale|Multi Family|Active
9
Beds
8
Total Baths
4,435
SqFt
$559
/SqFt
1949
Built
Subdivision:
BAYVIEW
County:
Sarasota
Call Now: (561) 935-3331
Is this the listing for you? We can help make it yours.
(561) 935-3331
1761 SIESTA DRIVE1761 SIESTA DRIVE1761 SIESTA DRIVE1761 SIESTA DRIVE
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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! 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.

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Listing Snapshot
Price 
$2,480,000
Days On Site 
0 Days
Bedrooms 
9
Inside Area (SqFt) 
4,435 sqft
Total Baths 
8
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.29 Acres
Year Built 
1949
MLS® Number 
N6139645
Status 
Active
Property Tax 
$9,328
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Public Records
Friends & Family
Recent Activity
10 minutes agoListing updated with changes from the MLS®
13 hours agoListing first seen on site
General Features
Acres 
0.29
Foundation 
Slab
Parking 
AssignedCommon
Pets 
Yes
Property Sub Type 
Multi Family
Sewer 
Public Sewer
SqFt Total 
4525
Stories 
One
Utilities 
Electricity ConnectedSewer ConnectedWater Connected
Water Source 
Public
Zoning 
RMF2
Interior Features
Appliances 
DishwasherDisposalDryerElectric Water HeaterMicrowaveRangeRefrigeratorWasher
Cooling 
Central AirDuctlessWall/Window Unit(s)
Fireplace 
Yes
Fireplace Features 
Family RoomLiving Room
Flooring 
TerrazzoTileVinyl
Heating 
CentralElectric
Interior 
Built-in FeaturesCrown MoldingEat-in Kitchen
Laundry Features 
Common AreaElectric Dryer HookupLaundry ClosetOutsideWasher Hookup
Window Features 
Blinds
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Exterior Features
Construction Details 
BlockConcrete
Exterior 
LightingStorage
Lot Features 
LandscapedNear Public TransitPrivatePaved
Patio And Porch 
CoveredFront PorchPatioPorchRear PorchSide Porch
Roof 
Shingle
Windows/Doors 
Blinds
Community Features
Financing Terms Available 
CashConventional
MLS Area 
34239 - Sarasota/Pinecraft
Roads 
AsphaltPaved
Township 
36
Listing courtesy of COLDWELL BANKER REALTY 6037679166



Listing information is provided by Participants of the Stellar MLS. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Properties displayed may be listed or sold by various participants in the MLS Copyright 2025, Stellar MLS.
Last checked: 2025-07-12 07:28 AM EDT

Neighborhood & Commute
Source: Walkscore
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