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.
Sold for $1,750,000
$1,750,000
1761 SIESTA DR & 1760 WISCONSIN LN, SARASOTA, FL 34239
10beds
8baths
4,435sqft
Triplex, Multi Family
Built in 1949
-- sqft lot
$1,743,600 Zestimate®
$395/sqft
$1,946 Estimated rent
Home value
$1,743,600
$1.60M - $1.90M
$1,946/mo
Zestimate® history
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New sidingOn-site laundryExterior plumbing
Zillow last checked:
Listing updated:
Listed by:
Danielle Dietrich, PA 603-767-9166,
COLDWELL BANKER REALTY 941-366-8070
Bought with:
Danielle Dietrich, PA, 3369650
COLDWELL BANKER REALTY
Source: Stellar MLS,MLS#: A4688714
Originating MLS: Sarasota - Manatee
Originating MLS: Sarasota - Manatee
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 10
- Bathrooms: 8
Heating
- Central, Electric
Cooling
- Central Air, Ductless, Wall/Window Unit(s)
Appliances
- Included: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
- Laundry: Common Area, Electric Dryer Hookup, Laundry Closet, Outside, Washer Hookup
Features
- Built-in Features, Ceiling Fan(s), Crown Molding, Eating Space In Kitchen, Solid Surface Counters, Solid Wood Cabinets
- Flooring: Terrazzo, Tile, Vinyl
- Windows: Blinds, Window Treatments
- Has fireplace: Yes
- Fireplace features: Family Room, Living Room
Interior area
- Total structure area: 4,525
- Total interior livable area: 4,435 sqft
Property
Parking
- Parking features: Assigned, Boat, Common, Off Street, RV Access/Parking
Features
- Levels: One
- Stories: 1
- Patio & porch: Covered, Front Porch, Patio, Porch, Rear Porch, Side Porch
- Exterior features: Lighting, Private Entrance, Private Mailbox, Private Yard, RV Hookup, Storage
- Fencing: Fenced
Lot
- Size: 0.29 Acres
- Features: In County, Landscaped, Near Public Transit, Private, Street One Way
Details
- Additional parcels included: 2039100001
- Parcel number: 20391000471
- Zoning: RMF2
- Special conditions: None
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Triplex, Multi Family
Materials
- Block, Concrete
- Foundation: Block, Concrete Perimeter, Slab
- Roof: Shingle
Condition
- New construction: No
- Year built: 1949
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected, Fiber Optics, Private, Sewer Connected, Water - Multiple Meters, Water Connected
Community & HOA
Community
- Pet fee: $0 monthly
- Subdivision: BAYVIEW
HOA
- Has HOA: No
Location
- Region: Sarasota
Financial & listing details
- Price per square foot: $395/sqft
- Annual tax amount: $9,642
- Date on market: 4/3/2026
- Cumulative days on market: 33 days
- Listing terms: Cash,Conventional
- Ownership: Fee Simple
- Lease term: 12 Months
- Total actual rent: 0
- Tenant pays: Electricity, Water
- Electric utility on property: Yes
- Road surface type: Paved, Asphalt
Price history
| Date | Event | Price |
|---|---|---|
| 6/18/2026 | Sold | $1,750,000-27.1%$395/sqft |
Source:  Stellar MLS #A4688714 Report a problem | ||
| 5/6/2026 | Pending sale | $2,400,000$541/sqft |
Source: Stellar MLS #A4688714 Report a problem | ||
| 4/3/2026 | Listed for sale | $2,400,000$541/sqft |
Source: Stellar MLS #A4688714 Report a problem | ||
Public tax history
Tax history is unavailable.
Neighborhood: South Poinsettia
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- $--3 bd1 ba1.3k sqft1760 Wisconsin Ln #4, Sarasota, FL 34239Off Market
Nearby schools
GreatSchools rating
- 10/10Southside Elementary SchoolGrades: K-5Distance: 0.4 mi
- 6/10Brookside Middle SchoolGrades: 6-8Distance: 0.6 mi
- 5/10Sarasota High SchoolGrades: 9-12Distance: 1.6 mi
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Estimated market value
$1,743,600
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$1,743,600
- Florida
- Sarasota County
- Sarasota
- 34239
- South Poinsettia
- 1761 SIESTA DR & 1760 WISCONSIN LN
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