1761 SIESTA DR & 1760 WISCONSIN LN, SARASOTA, Sarasota, FL, 34239, Residential Income, 10, 8, 09ae07617b732f1f6d7d972f98beca09, A4688714,1761,SIESTA DR & 1760 WISCONSIN LN

$2,400,000

Overview

Property ID: A4688714

10
Bedrooms

8
Bathrooms

4435 Square Feet
Area Size

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: ~7.45% cap rate, under $20K in annual expenses, and projected income of $175K–$200K+ with upside potential.

Do not disturb tenants. Showings by appointment only; listing agent must accompany all showings.

Address

Open on Google Maps

Address: SIESTA DR & 1760 WISCONSIN LN
City: SARASOTA
State/county: Sarasota
Zip/Postal Code: 34239
Area: BAYVIEW

Details

Updated on April 6, 2026 at 4:51 pm

Property ID A4688714
Price $2,400,000
Property Size 4435 Square Feet
Land Area 0.29 Square Feet
Bedrooms 10
Bathrooms 8
Year Built 1949
Property Status Residential Income

Additional details

BridgeModificationTimestamp April 4, 2026 at 10:55am
BuildingAreaTotal 4525
ConstructionMaterials Block, Concrete
ContractStatusChangeDate 2026-04-03
Cooling Central Air, Mini-Split Unit(s), Wall/Window Unit(s)
CumulativeDaysOnMarket 1
DaysOnMarket 1
Directions 41 to Siesta on the corner of Siesta and Wisconsin. 2 buildings - 1761 Siesta Dr and 1760 Wisconsin.
FeedTypes IDX
FireplaceFeatures Family Room, Living Room
Flooring Terrazzo, Tile, Vinyl
FoundationDetails Block, Concrete Perimeter, Slab
Heating Central, Electric
IDXParticipationYN 1
InternetAddressDisplayYN 1
InternetConsumerCommentYN 1
InternetEntireListingDisplayYN 1
LaundryFeatures Common Area, Electric Dryer Hookup, Laundry Closet, Outside, Washer Hookup
LeaseConsideredYN 1
LeaseTerm 12 Months
Levels One
ListAOR Sarasota - Manatee
ListAgentAOR Sarasota - Manatee
ListAgentEmail danielle.dietrich@floridamoves.com
ListAgentFullName Danielle Dietrich, PA
ListAgentKey c0987e7586ab6ebce1e22dffe7ab9911
ListAgentMlsId 284510491
ListAgentPreferredPhone 603-767-9166
ListOfficeKey ebb271615366a1ca954979eb5216e37f
ListOfficeMlsId 281502380
ListOfficeName COLDWELL BANKER REALTY
ListOfficePhone 941-366-8070
ListingContractDate 2026-04-02
ListingKey 09ae07617b732f1f6d7d972f98beca09
ListingKeyNumeric 786615423
ListingTerms Cash, Conventional
LivingAreaSource Public Records
LotFeatures In County, Landscaped, Near Public Transit, Private, Street One Way
LotSizeArea 12733
LotSizeSquareFeet 12733
MLSAreaMajor 34239 - Sarasota/Pinecraft
MlsStatus Active
ModificationTimestamp April 4, 2026 at 10:51am
NumberOfBuildings 2
NumberOfUnitsTotal 8
OnMarketDate 2026-04-03
OriginalEntryTimestamp April 3, 2026 at 04:03pm
OriginalListPrice 2400000
OriginatingSystemKey stellar
OriginatingSystemName Stellar MLS
Ownership Fee Simple
ParcelNumber 20391000471
ParkingFeatures Assigned, Common
PatioAndPorchFeatures Covered, Front Porch, Patio, Porch, Rear Porch, Side Porch
PetsAllowed Yes
PhotosChangeTimestamp April 3, 2026 at 04:06pm
PhotosCount 100
PostalCodePlus4 5949
RoadFrontageType Street One Way, Street Paved
RoadSurfaceType Paved, Asphalt
Roof Shingle
STELLAR_AdditionalLeaseRestrictions city limits of siesta. 7-day minimum; airbnb and other short-term rentals ALLOWED
STELLAR_AlternateKeyFolioNum 2039100047
STELLAR_AnnualExpenses 17000
STELLAR_AnnualNetIncome 200000
STELLAR_ApprovalProcess n/a
STELLAR_CalculatedListPriceByCalculatedSqFt 541.15
STELLAR_CensusTract 6.01
STELLAR_CreateAutomaticVirtualTourYN 1
STELLAR_CurrentPrice 2400000
STELLAR_DPRURL https://www.workforce-resource.com/dpr/listing/MFRMLS/A4688714?w=Agent&skip_sso=true
STELLAR_DPRURL2 https://www.workforce-resource.com/dpr/listing/MFRMLS/A4688714?w=Customer
STELLAR_EstAnnualMarketIncome 250000
STELLAR_FloodZoneCode X
STELLAR_FloodZoneDate 2024-03-27
STELLAR_FloodZonePanel 12115C0141G
STELLAR_GreenVerificationCount 0
STELLAR_ListOfficeContactPreferred 941-366-8070
STELLAR_ListOfficeHeadOfficeKeyNumeric 1046393
STELLAR_ListSource RETSUpdate
STELLAR_ListSourceOriginal MATRIX
STELLAR_MinimumLease 1 Week
STELLAR_MlsMajorChangeType New Listing
STELLAR_NumOfOwnYearsPriorToLse 0
STELLAR_OfficeIDXOfficeParticipationYN 1
STELLAR_OfficeSyndicateTo Apartments.com, International MLS, Realtor.com, Zillow Rental, SkySlope Offers
STELLAR_PetRestrictions n/a
STELLAR_RATIO_CurrentPrice_By_BuildingAreaTotal 530.39
STELLAR_RATIO_CurrentPrice_By_CalculatedSqFt 541.15
STELLAR_RealtorInfo As-Is, Sign
STELLAR_SWSubdivCommunityName Bayview
STELLAR_ShowingRequirements 24 Hour Notice, Appointment Only, Call Listing Agent, Do Not Contact Tenants, Listing Agent Must Accompany, No Lockbox, See Remarks, ShowingTime
STELLAR_ThirdPartyYN 1
STELLAR_TotalAcreage 1/4 to less than 1/2
STELLAR_TotalAnnualFees 0
STELLAR_TotalMonthlyFees 0
STELLAR_UnitCount 7
STELLAR_UnitNumberYN 1
STELLAR_WaterfrontFeetTotal 0
Sewer Public Sewer
SourceSystemKey 786615423
SpecialListingConditions None
StateOrProvince FL
StatusChangeTimestamp April 3, 2026 at 04:03pm
StreetName SIESTA DR & 1760 WISCONSIN LN
StreetNumber 1761
StreetNumberNumeric 1761
TaxAnnualAmount 9642.89
TaxBlock B
TaxBookNumber 1-156
TaxLegalDescription LOT 25 BLK B BAYVIEW and LOT 26 BLK B BAYVIEW
TaxLot 25
TaxYear 2025
Utilities Electricity Connected, Fiber Optics, Private, Sewer Connected, Water - Multiple Meters, Water Connected
WaterSource Public
WindowFeatures Blinds
Zoning RMF2