FL > Sarasota > Bayview
Sarasota, FL 34239,1761 Siesta DR
Sarasota, FL 34239,1761 Siesta DR
Sarasota, FL 34239,1761 Siesta DR
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$2,480,000
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10 Beds
9 Baths
0.29 Acres Lot
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1761 Siesta DR Sarasota, FL 34239

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Eric Hollis

Eric Hollis

+1(443) 569-9393

UPDATED:

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

Listed by Coldwell Banker Residential RE • Michael Laconca

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agent

Eric Hollis

Agent | License ID: SL3492619

+1(443) 569-9393

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1761 Siesta DR