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1761 Siesta Dr & 1760 Wisconsin Ln, Sarasota, Florida 34239

  • $2,400,000
1761 SIESTA DR & 1760 WISCONSIN LN, Sarasota, FL 34239
Closed For Sale
1761 Siesta Dr & 1760 Wisconsin Ln, Sarasota, Florida 34239
1761 SIESTA DR & 1760 WISCONSIN LN, Sarasota, FL 34239
  • $2,400,000

Overview

Property ID: HZA4688714
  • Triplex, Residential Income
  • Property Type
  • 10
  • Bedrooms
  • 8
  • Bathrooms
  • 4525
  • Sqft
  • 1949
  • Year Built

Description

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.

  • Address 1761 SIESTA DR & 1760 WISCONSIN LN
  • City Sarasota
  • State/county FL
  • Zip/Postal Code 34239
  • Country US

Details

Updated on June 20, 2026 at 1:58 am
  • Property ID: HZA4688714
  • Price: $2,400,000
  • Property Size: 4525 Sqft
  • Land Area: 0.29 Acres
  • Bedrooms: 10
  • Bathrooms: 8
  • Year Built: 1949
  • Property Type: Triplex, Residential Income
  • Property Status: Closed, For Sale

Additional details

  • Listing Terms: Cash, Conventional
  • Roof: Shingle
  • Utilities: Electricity Connected, Fiber Optics, Private, Sewer Connected, Water - Multiple Meters, Water Connected
  • Sewer: Public Sewer
  • Cooling: Central Air, Mini-Split Unit(s), Wall/Window Unit(s)
  • Heating: Central, Electric
  • Flooring: Terrazzo, Tile, Vinyl
  • County: Sarasota
  • Property Type: Residential Income
  • Parking: Assigned, Boat, Common, Off Street, RV Access/Parking

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