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Sold for $800,000
    • $800,000

    1761 SIESTA DRIVE, SARASOTA, FL 34239

    4beds
    4baths
    2,020sqft
    Triplex, Multi Family
    Built in 1949
    -- sqft lot
    $1,015,700 Zestimate®
    $396/sqft
    $2,518 Estimated rent

    Home value

    $1,015,700

    $965,000 - $1.07M

    $2,518/mo

    Zestimate® history
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    $2,518/mo

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    $5,096/mo

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    What's special

    Security camerasExterior lightingTropical landscaping
    Siesta Key Triplex – High-Yield, Weekly Rental Zoned Investment! Concrete triplex in city limits featuring one 2BR/2BA and two 1BR/1BA units with long-term tenants in place...immediate cash flow from day one. Proven income of $65K–$85K annually with low overhead expenses (taxes, insurance, landscaping only). Tenants pay all utilities with separate electric & water meters for each unit. Weekly rental zoning in city limits is a major upside for short-term income potential. Ideal for investors looking to significantly increase returns or house-hack by living in one unit and renting the others. Recent upgrades include new A/C systems, water heaters, appliances, security cameras, exterior lighting, and tropical landscaping. Solid concrete construction in Evacuation Zone D and NO flood insurance is required. Prime location just minutes to Siesta Key Beach, walking distance to dining, shopping, and essentials. Quick access on/off the key only 2 blocks to North Bridge. Value-add opportunity: Purchase adjacent property at 1760 Wisconsin Lane to scale to a 7+ unit portfolio with potential six-figure+ income. Why buy just one when you can buy both! Strong in-place income makes this a rare Siesta Key investment. Do not disturb tenants. Showings by appointment only; listing agent must accompany all showings.

    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#: A4688614MLS LogoOriginating MLS: Sarasota - Manatee

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 4
    Heating
    • Central, Electric
    Cooling
    • Central Air, Ductless, Wall/Window Unit(s)
    Appliances
    • Included: Dishwasher, 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
    • Common walls with other units/homes: Corner Unit
    Interior area
    • Total structure area: 2,242
    • Total interior livable area: 2,020 sqft

    Property

    Parking
    • Parking features: Assigned, Common, Driveway, Guest
    • Has uncovered spaces: Yes
    Features
    • Levels: One
    • Stories: 1
    • Patio & porch: Covered, Front Porch, Patio, Porch, Rear Porch, Side Porch
    • Exterior features: Lighting, Private Entrance, Storage
    Lot
    • Size: 6,347 Square Feet
    • Features: In County, Landscaped, Near Public Transit, Private, Street One Way
    Details
    • Parcel number: 2039100047
    • Zoning: RMF2
    • Special conditions: None

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Triplex, Multi Family
    Materials
    • Block, Concrete
    • Foundation: 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: $396/sqft
    • Tax assessed value: $281,100
    • Annual tax amount: $4,879
    • 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

    DateEventPrice
    6/18/2026Sold$800,000-27.3%$396/sqft
    Source: Stellar MLS #A4688614 Report a problem
    5/6/2026Pending sale$1,100,000$545/sqft
    Source: Stellar MLS #A4688614 Report a problem
    4/3/2026Listed for sale$1,100,000-55.6%$545/sqft
    Source: Stellar MLS #A4688614 Report a problem
    12/13/2025Listing removed$2,480,000$1,228/sqft
    Source: SWFLMLS #225063194 Report a problem
    7/11/2025Listed for sale$2,480,000+231.1%$1,228/sqft
    Source: Stellar MLS #N6139645 Report a problem
    10/4/2021Listing removed--
    Source: Owner Report a problem
    9/11/2021Price change$749,000+0%$371/sqft
    Source: Stellar MLS #A4512054 Report a problem
    9/4/2021Price change$748,999-11.9%$371/sqft
    Source: Stellar MLS #A4511446 Report a problem
    9/2/2021Price change$850,000+17.2%$421/sqft
    Source: Owner Report a problem
    8/23/2021Listed for sale$725,000+7.4%$359/sqft
    Source: Owner Report a problem
    5/18/2021Listing removed--
    Source: Stellar MLS #N6114989 Report a problem
    5/2/2021Pending sale$675,000$334/sqft
    Source: Stellar MLS #N6114989 Report a problem
    4/23/2021Listed for sale$675,000+8%$334/sqft
    Source: Stellar MLS #N6114989 Report a problem
    4/24/2020Listing removed$625,000$309/sqft
    Source: SAVVY AVENUE, LLC #A4465167 Report a problem
    4/14/2020Listed for sale$625,000+19%$309/sqft
    Source: SAVVY AVENUE, LLC #A4465167 Report a problem
    9/19/2018Listing removed$995
    Source: Owner Report a problem
    9/12/2018Price change$995-9.5%
    Source: Owner Report a problem
    9/6/2018Listed for rent$1,100-12%$1/sqft
    Source: Owner Report a problem
    1/22/2018Listing removed$525,000$260/sqft
    Source: Owner Report a problem
    10/29/2017Price change$525,000+5.4%$260/sqft
    Source: Owner Report a problem
    10/26/2017Listed for sale$498,000+74.7%$247/sqft
    Source: Owner Report a problem
    10/1/2017Listing removed$1,250$1/sqft
    Source: Owner Report a problem
    9/20/2017Price change$1,250-7.4%$1/sqft
    Source: Owner Report a problem
    9/6/2017Price change$1,350-3.6%$1/sqft
    Source: Owner Report a problem
    8/4/2017Price change$1,400-17.6%$1/sqft
    Source: Owner Report a problem
    7/30/2017Listed for rent$1,700$1/sqft
    Source: Owner Report a problem
    3/6/2017Sold$285,000$141/sqft
    Source: Stellar MLS #A4175901 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$4,778 -6.1%$281,100 -9.7%
    2024$5,087 -12%$311,300 -1.4%
    2023$5,780 +7.3%$315,689 +10%
    2022$5,387 +22.5%$286,990 +10%
    2021$4,398 +3.8%$260,900 +6.9%
    2020$4,239 +9.6%$243,980 +10%
    2019$3,866 $221,800 -11%
    2018$3,866 -10.3%$249,100 +19.6%
    2017$4,310 +1.8%$208,200 -26.8%
    2016$4,232 $284,400 +13.6%
    2015$4,232 +0.9%$250,300 +32.8%
    2014$4,194 +12%$188,540
    2013$3,746 +20.6%$188,540 +10%
    2012$3,107 +6.5%$171,400 +5.6%
    2011$2,918 -0.9%$162,300 +0.4%
    2010$2,945 -31.6%$161,600 -5.4%
    2009$4,305 $170,800 -34.2%
    2008$4,305 -14.4%$259,600 -14.3%
    2007$5,027 $303,000 +27.3%
    2006-- $238,000 +56.2%
    2005-- $152,400 +7.2%
    2004$2,740 +4.9%$142,200 +9%
    2003$2,612 +8.1%$130,400 +11%
    2002$2,417 +23.2%$117,500 +18.9%
    2001$1,962 +8.6%$98,800 +9.9%
    2000$1,806 $89,900
    Find assessor info on the county website

    Neighborhood: South Poinsettia

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    Estimated market value
    $1,015,700
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    Estimated market value
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