1761 SIESTA, SARASOTA, FL, 34239 — photo 1
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1761 SIESTA, SARASOTA, FL, 34239

$1,100,000

4 Beds2,020 Sq FtBuilt 19490.14 Acres

About This Property

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.

Subdivision

BAYVIEW

Status

Active

Listed By

COLDWELL BANKER REALTY

Days on Market

1

Mortgage Calculator

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Est. Monthly Payment

$6,646

30-yr fixed · 20% down · 6.875%

Principal & Interest$5,781
Property Tax (actual)$407
Est. Home Insurance~0.5% est.$458
Total / month$6,646
Loan amount$880,000

Estimates only — taxes and insurance are approximate. PMI rate, actual lender fees, and closing costs not included. Contact a licensed lender for a precise quote.

Interested in This Property?

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Call (813) 618-7653Request a Showing

MLS# 67ec3df959ec3b2d4d2c110eba339d54

Location