1

Southside Multifamily Home for Sale

Section Image
  • /50

    $2,480,000

    • 10 Beds
    • 9 Baths
    • 4,435 Sq Ft

    1761 Siesta Dr, Sarasota, FL 34239

    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)

    Michael Laconca Coldwell Banker Residential RE

    1761 Siesta Dr, Sarasota, FL 34239

Why Live in Southside

Southside in Sarasota is an architecturally diverse neighborhood situated between Sarasota Bay and the Tamiami Trail corridor. The area is anchored by Southside Village, a walkable commercial district featuring popular eateries like Libby’s Neighborhood Brasserie and Veronica Fish and Oyster, as well as boutique shops such as Marmalade Salon and Beautiful You consignment store. The neighborhood's housing includes a mix of large Spanish Mediterranean homes, smaller Spanish Mission-style dwellings, modern-style homes, Colonial Revival homes, traditional Florida ranch-style homes, and colorful shotgun-style homes. Multi-family options include condominiums. Southside Elementary School, built in 1926 and listed on the National Register of Historic Places, is one of the highly rated schools serving the area, along with Brookside Middle and Sarasota High. The Sarasota campus of Sarasota Memorial Hospital and the Sarasota Art Museum are notable landmarks. Residents enjoy various attractions, including fishing and boating on Sarasota Bay, and access to Siesta Key via Siesta Drive. Parks like Nora Patterson Bay Island Park and Bonita Park offer green spaces with public art. The neighborhood is safer than the national average, and the Tamiami Trail provides easy access to Venice and Bradenton, both about 15 miles away, as well as public transportation options.

Home Trends in Southside, FL

Housing Trends

Median Sale Price
$1,575,000
Median Single Family Sale Price
$1,872,000
Median Townhouse Sale Price
$2,950,000
Median 2 Bedroom Sale Price
$299,000
Average Price Per Sq Ft
$706
Number of Homes for Sale
44
Last 12 months Home Sales
60
Months of Supply
8.80
Median List Price
$1,995,000
Median Change From 1st List Price
8%
Median Home Sale Price YoY Change
-3%
How to Buy a Home How to Finance a Home How to Sell a Home