1761 Siesta DR new Save Request In-Person Tour Request Virtual Tour
Sarasota,FL 34239
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
Subdivision Bayview
MLS Listing ID 225063194
Style See Remarks
Bedrooms 10
Full Baths 9
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
Property Description
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.
Location
State FL
County Sarasota
Area Oa01 - Out Of Area
Zoning RMF2
Direction 41 to Siesta on the corner of Siesta and Wisconsin. 2 buildings - 1761 Siesta Dr and 1760 Wisconsin.
Interior
Heating Central Electric
Cooling Central Electric
Flooring Terrazzo,Tile,Vinyl
Window Features Jalousie,Other
Exterior
Fence Fenced
Community Features See Remarks,No Subdivision
Utilities Available Cable Available
Waterfront Description None
Roof Type Shingle
Porch Patio
Private Pool No
Building
Lot Description Oversize
Faces 41 to Siesta on the corner of Siesta and Wisconsin. 2 buildings - 1761 Siesta Dr and 1760 Wisconsin.
Sewer Central
Water Central
Architectural Style See Remarks
Structure Type Concrete Block,Stucco
New Construction No
Others
Tax ID 2039100047
Acceptable Financing Buyer Finance/Cash
Listing Terms Buyer Finance/Cash