1761 Siesta Drive Sarasota Florida | Home for Sale
To schedule a showing of 1761 Siesta Drive, Sarasota, Florida, Call David Shippey at 863-521-4517 TODAY!
Sarasota, FL 34239
- 10Beds
- 8.00Total Baths
- 0 Full, 0 HalfBaths
- 4,435SqFt
- 1949Year Built
- 0.29Acres
- MLS# N6139645
- Income
- MultiFamily
- Active
- Approx Time on Market15 days
- Area34239 - Sarasota/pinecraft
- CountySarasota
- Subdivision Bayview
Overview
Exceptional 6-Unit Income Property - Prime Location on 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 & 2017); 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! CITY LIMITS (7-day minimum!). Largest multiplex on siesta- won't last!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.
Agriculture / Farm
Association Fees / Info
Pets Allowed: Yes
Senior Community: No
Association: ,No,
Bathroom Info
Total Baths: 8.00
Building Info
Window Features: Blinds, WindowTreatments
Roof: Shingle
Building Area Source: PublicRecords
Buyer Compensation
Exterior Features
Patio: RearPorch, Covered, FrontPorch, Patio, Porch, SidePorch
Pool Private: No
Exterior Features: Lighting, Storage
Fees / Restrictions
Financial
Original Price: $2,480,000
Garage / Parking
Open Parking: No
Parking Features: Assigned, Common
Attached Garage: No
Garage: No
Carport: No
Green / Env Info
Interior Features
Fireplace Desc: FamilyRoom, LivingRoom
Fireplace: Yes
Floors: Terrazzo, Tile, Vinyl
Levels: One
Spa: No
Laundry Features: CommonArea, WasherHookup, ElectricDryerHookup, LaundryCloset, Outside
Interior Features: BuiltInFeatures, CeilingFans, CrownMolding, EatInKitchen, SolidSurfaceCounters, WoodCabinets, WindowTreatments
Appliances: Dryer, Dishwasher, ElectricWaterHeater, Disposal, Microwave, Range, Refrigerator, Washer
Lot Info
Direction Remarks: 41 to Siesta on the corner of Siesta and Wisconsin. 2 buildings - 1761 Siesta Dr and 1760 Wisconsin.
Number of Lots: 2
Lot Size Units: Acres
Lot Size Acres: 0.29
Lot Sqft: 12,733
Lot Desc: Landscaped, OutsideCityLimits, Private, NearPublicTransit
Misc
Other
Special Conditions: None
Other Rooms Info
Property Info
Section: 31
Class Type: MultiFamily
Property Sub Type: MultiFamily
Property Attached: No
New Construction: No
Construction Materials: Block, Concrete
Stories: 1
Foundation: Slab
Human Modified: Yes
Sqft Info
Sqft: 4,435
Bulding Area Sqft: 4,525
Living Area Units: SquareFeet
Living Area Source: PublicRecords
Tax Info
Tax Year: 2,024
Tax Lot: 25
Tax Legal Description: LOT 25 BLK B BAYVIEW and LOT 26 BLK B BAYVIEW
Tax Block: B
Tax Annual Amount: 9328
Tax Book Number: 1-156
Unit Info
Total Units: 8
Utilities / Hvac
Heating: Central, Electric
Water Source: Public, MultipleMeters
Sewer: PublicSewer
Cool System: CentralAir, Ductless, WallWindowUnits, CeilingFans
Cooling: Yes
Heating: Yes
Utilities: ElectricityConnected, FiberOpticAvailable, SewerConnected, WaterConnected
Waterfront / Water
Waterfront: No
View: No
Directions
41 to Siesta on the corner of Siesta and Wisconsin. 2 buildings - 1761 Siesta Dr and 1760 Wisconsin.This listing courtesy of Coldwell Banker Realty
If you have any questions on 1761 Siesta Drive, Sarasota, Florida, please call David Shippey at 863-521-4517.
MLS# N6139645 located at 1761 Siesta Drive, Sarasota, Florida is brought to you by David Shippey REALTOR®
1761 Siesta Drive, Sarasota, Florida has 10 Beds, 0 Full Bath, and 0 Half Bath.
The MLS Number for 1761 Siesta Drive, Sarasota, Florida is N6139645.
The price for 1761 Siesta Drive, Sarasota, Florida is $2,480,000.
The status of 1761 Siesta Drive, Sarasota, Florida is Active.
The subdivision of 1761 Siesta Drive, Sarasota, Florida is Bayview.
The home located at 1761 Siesta Drive, Sarasota, Florida was built in 2025.
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