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1761 Siesta Drive, SARASOTA, FL 34239
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1761 Siesta Drive
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Would you like to sell your home before you purchase this one?
Priced at Only: $2,480,000
For more Information Call:
Address: 1761 Siesta Drive, SARASOTA, FL 34239
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Virtual Tour
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  • MLS#: N6139645 ( Residential Income )
  • Street Address: 1761 Siesta Drive
  • Viewed: 3
  • Price: $2,480,000
  • Price sqft: $548
  • Waterfront: No
  • Year Built: 1949
  • Bldg sqft: 4525
  • Bedrooms: 10
  • Total Baths: 8
  • Days On Market: 7
  • Additional Information
  • Geolocation: 27.303 / -82.5344
  • County: SARASOTA
  • City: SARASOTA
  • Zipcode: 34239
  • Subdivision: Bayview
  • Provided by: COLDWELL BANKER REALTY
  • Contact: Danielle Dietrich, PA
  • 941-493-1000
  • mfrmls
  • DMCA Notice
  • 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.
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Features
Building and Construction
  • Covered Spaces: 0.00
  • Exterior Features: Lighting, Storage
  • Flooring: Terrazzo, Tile, Vinyl
  • Living Area: 4435.00
  • Roof: Shingle
Land Information
  • Lot Features: In County, Landscaped, Near Public Transit, Private, Street One Way, Paved
Garage and Parking
  • Garage Spaces: 0.00
  • Open Parking Spaces: 0.00
  • Parking Features: Assigned, Common
Eco-Communities
  • Water Source: Public
Utilities
  • Carport Spaces: 0.00
  • Cooling: Central Air, Ductless, Wall/Window Unit(s)
  • Heating: Central, Electric
  • Pets Allowed: Yes
  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Fiber Optics, Private, Sewer Connected, Water - Multiple Meters, Water Connected
Finance and Tax Information
  • Home Owners Association Fee: 0.00
  • Insurance Expense: 0.00
  • Net Operating Income: 0.00
  • Other Expense: 0.00
  • Tax Year: 2024
Other Features
  • Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
  • Country: US
  • Interior Features: Built-in Features, Ceiling Fans(s), Crown Molding, Eat-in Kitchen, Solid Surface Counters, Solid Wood Cabinets, Window Treatments
  • Legal Description: LOT 25 BLK B BAYVIEW and LOT 26 BLK B BAYVIEW
  • Levels: One
  • Area Major: 34239 - Sarasota/Pinecraft
  • Occupant Type: Tenant
  • Parcel Number: 2039100047
  • Zoning Code: RMF2
Similar Properties

Details for 1761 Siesta Dr, SARASOTA, FL 34239
$2,480,000.00

1761 Siesta Dr More Like This

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 renow

  1. Request Information
  1. Bedrooms: 10
  2. Baths: 9
  1. MLSID: 225063194
  2. Provided by Coldwell Banker Residential RE
  3. Contact Michael Laconca
  4. 941-493-1000
  5. Naples Area Board of REALTORS®
  6. DMCA Notice
50 Pictures and Information
Details for 1761 Siesta Drive, Sarasota, FL 34239
$2,480,000.00 ($548.07 / sqft )

1761 Siesta Drive Virtual Tour More Like This

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 renowne

  1. Request Information
  1. Bedrooms: 10
  2. Baths: 8
  3. Approx. 4525 sqft
  1. MLSID: N6139645
  2. Provided by COLDWELL BANKER REALTY
  3. Provided through
  4. DMCA Notice
100 Pictures and Information
Nearby Subdivisions
Avon Heights 2   Bayview   Homecroft   Long Meadow  
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Headshot for Associate Marian Casteel
  1. Marian Casteel, BrkrAssc,REALTOR ®
  2. Tropic Shores Realty
  3. CLIENT FOCUSED! RESULTS DRIVEN! SERVICE YOU CAN COUNT ON!
  4. Mobile: 352.601.6367
  5. Mobile: 352.601.6367
  6. 352.601.6367
  7. mariancasteel@yahoo.com
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