1761 Siesta Dr Sarasota, FL 34239
Southside NeighborhoodEstimated payment $14,185/month
Total Views
2,859
10
Beds
9
Baths
--
Sq Ft
--
Price per Sq Ft
Highlights
- Jalousie or louvered window
- Concrete Block With Brick
- Tile Flooring
- Southside Elementary School Rated A
- Patio
- Central Heating and Cooling System
About This Home
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.
Listing Agent
Coldwell Banker Residential RE License #NAPLES-281540910 Listed on: 07/13/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $9,328
Year Built
- Built in 1949
Lot Details
- 0.29 Acre Lot
- Lot Dimensions: 65
- Fenced
Home Design
- Triplex
- Concrete Block With Brick
- Shingle Roof
- Stucco
Flooring
- Tile
- Terrazzo
- Vinyl
Bedrooms and Bathrooms
- 10 Bedrooms
- 9 Full Bathrooms
Utilities
- Central Heating and Cooling System
- Cable TV Available
Additional Features
- Jalousie or louvered window
- Patio
Listing and Financial Details
- Assessor Parcel Number 2039100047
- Tax Block B
Community Details
Overview
- 2 Buildings
- 3 Units
- Bayview Condos
- Bayview Community
Pet Policy
- Pets Allowed
Building Details
- Operating Expense $80,000
- Net Operating Income $200,000
Map
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $5,780 | $311,300 | $277,800 | $33,500 |
| 2023 | $5,780 | $422,100 | $339,400 | $82,700 |
| 2022 | $5,387 | $399,400 | $316,100 | $83,300 |
| 2021 | $4,398 | $260,900 | $229,100 | $31,800 |
| 2020 | $4,239 | $244,900 | $210,200 | $34,700 |
| 2019 | $3,866 | $221,800 | $204,200 | $17,600 |
| 2018 | $4,310 | $249,100 | $215,600 | $33,500 |
| 2017 | $3,690 | $208,200 | $190,400 | $17,800 |
| 2016 | $4,598 | $284,400 | $183,700 | $100,700 |
| 2015 | $4,232 | $250,300 | $147,200 | $103,100 |
| 2014 | $4,194 | $188,540 | $0 | $0 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/13/2025 07/13/25 | For Sale | $2,480,000 | +770.2% | -- |
| 06/05/2017 06/05/17 | Off Market | $285,000 | -- | -- |
| 03/06/2017 03/06/17 | Sold | $285,000 | -48.1% | $68 / Sq Ft |
| 02/07/2017 02/07/17 | Pending | -- | -- | -- |
| 01/28/2017 01/28/17 | For Sale | $549,000 | -- | $131 / Sq Ft |
Source: Naples Area Board of REALTORS®
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $285,000 | Gold Key Title L C | |
| Interfamily Deed Transfer | -- | Attorney | |
| Interfamily Deed Transfer | -- | Attorney |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $438,700 | New Conventional | |
| Closed | $213,750 | New Conventional |
Source: Public Records
Similar Home in Sarasota, FL
Source: Naples Area Board of REALTORS®
MLS Number: 225063194
APN: 2039-10-0047
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The source of this real property information is the copyrighted and proprietary database compilation of the M.L.S. of Naples, Inc. Copyright 2025 M.L.S. of Naples, Inc. All rights reserved. The accuracy of this information is not warranted or guaranteed. This information should be independently verified if any person intends to engage in a transaction in reliance upon it.
Nearby Homes
- 1740 Wisconsin Ln
- 1738 Siesta Dr
- 1734 Wisconsin Ln
- 3360 S Osprey Ave Unit 102B
- 3350 S Osprey Ave Unit 211A
- 3319 S Osprey Ave
- 3511 Camino Real
- 1857 Siesta Dr
- 1857 Tulip Dr
- 1735 Shoreland Dr
- 3464 Camino Real
- 1881 Orchid St
- 1719 Shoreland Dr
- 1876 Magnolia St
- 1915 Tulip Dr
- 1805 Goldenrod St
- 1647 Siesta Dr
- 3745 Almeria Ave Unit 6S
- 1622 Wisconsin Ln
- 3500 Flores Ave
- 3521 Almeria Ave
- 3360 S Osprey Ave Unit 210B
- 3350 S Osprey Ave Unit 211A
- 3464 Camino Real
- 1865 Orchid St
- 1905 Tulip Dr
- 1720 Spring Creek Dr
- 3700 S Osprey Ave Unit 219
- 3700 S Osprey Ave Unit 216
- 3700 S Osprey Ave Unit 113
- 3700 S Osprey Ave Unit 214
- 1905 Goldenrod St
- 3835 Almeria Ave Unit C3
- 1716 Stapleton St
- 1763 South Dr
- 1725 Bonita Ct
- 1638 South Dr
- 2065 Goldenrod St
- 3920 Red Rock Way
- 3755 S School Ave Unit 42