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USAFLSarasotaBayview1761 Siesta Dr & 1760 Wisconsin Ln
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1761 Dr, Sarasota, FL

House

Pending

Listed price in listed location currency (USD).
$2,400,000

1080

MLS® A4688714

  • Key Facts
  • Description
  • Map

Key Facts

Type Triplex
Levels Residential Income
Size 4435 sqft
Garage 
Taxes $9,643
Lot Size 
Approx. Age 1949
Avg. Price Per Sqft $541
MLS® Number A4688714

Property Address: 1761 Siesta Dr & 1760 Wisconsin Ln, SARASOTA, FL, 34239

Average square foot calculated using Size range provided by listing agent.

Description

Under contract-accepting backup offers. 7 Rentable Units | 10 Bed, 8 Bath Income Property – Prime Siesta Key Location! Exceptional opportunity to own a fully leased multifamily property just minutes from world-famous Siesta Key Beach. Located on Siesta Drive—the gateway to Siesta Key—this offering includes two adjacent triplexes on two separate lots, with potential to expand to 8 units. The property features a versatile mix of 1BR, 2BR, 3BR, and studio layouts, ideal for maximizing rental income. Zoned for weekly rentals (7-day minimum) within city limits, this property offers strong income potential with a blend of long-term tenants and proven short-term rental performance (Airbnb 5-star host/seasonal). Recent upgrades include newer roofs (2016–2017), new siding, updated A/C units, hot water heaters (2021+), appliances, exterior plumbing, fencing, and security lighting/cameras. Professionally landscaped grounds enhance curb appeal. On-site laundry with the ability to add laundry to every unit. Tenants pay utilities with 7 separate water and electric meters. Situated just blocks from the North Bridge and within walking distance to shopping, dining, and everyday conveniences. Located in an X flood zone – NO flood insurance required, and Level D evacuation zone. Ample parking for up to 17 vehicles, plus space for boats, kayaks, and recreational toys. Buy one or both – must be sold simultaneously: 1761 Siesta Dr & 1760 Wisconsin Ln – a rare high-income investment package on Siesta Key. Strong financials: ~5.19% cap rate, under $20K in annual expenses, and projected income of $175K+ with upside potential. Do not disturb tenants. Showings by appointment only; listing agent must accompany all showings.
MLS® NumberA4688714
Laundry Level
Central VacNo
FireplaceYes
Acreage
Exterior
Garage
Approx. Age1949
Basement
DrivewayAssigned, Boat, Common, Off Street, RV Access/Parking
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
-Sold Price

Pending

Apr 3, 2026List Date
$2,400,000List Price
  • Commute

Commute

Starting Address
Destination Address
1761 Dr, Sarasota, FL

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