Listing Courtesy of: 
STELLAR as distributed by MLS GRID / Coldwell Banker Realty / Danielle Dietrich - Contact: 941-366-8070
STELLAR as distributed by MLS GRID / Coldwell Banker Realty / Danielle Dietrich - Contact: 941-366-8070 1761 Siesta Dr &Amp 1760 Wisconsin Ln Sarasota, FL 34239
Active
$2,400,000 (USD)
Description
MLS #:
A4688714
A4688714
Taxes
$9,643(2025)
$9,643(2025)
Lot Size
0.29 acres
0.29 acres
Type
Multifamily
Multifamily
Year Built
1949
1949
County
Sarasota County
Sarasota County
Listed By
Danielle Dietrich, Coldwell Banker Realty, Contact: 941-366-8070
Source
STELLAR
Last checked Apr 4 2026 at 5:21 AM GMT+0000
STELLAR
Last checked Apr 4 2026 at 5:21 AM GMT+0000
Bathroom Details
Interior Features
- Solid Wood Cabinets
- Solid Surface Counters
- Crown Molding
- Window Treatments
- Appliances: Dishwasher
- Appliances: Electric Water Heater
- Appliances: Refrigerator
- Appliances: Washer
- Ceiling Fans(s)
- Appliances: Disposal
- Appliances: Microwave
- Appliances: Range
- Appliances: Dryer
- Eat-In Kitchen
- Built-In Features
Subdivision
- Bayview
Lot Information
- In County
- Street One Way
- Near Public Transit
- Paved
- Private
- Landscaped
Property Features
- Fireplace: Family Room
- Fireplace: Living Room
- Foundation: Slab
- Foundation: Block
- Foundation: Concrete Perimeter
Heating and Cooling
- Central
- Electric
- Central Air
- Wall/Window Unit(s)
- Mini-Split Unit(s)
Flooring
- Terrazzo
- Vinyl
- Tile
Exterior Features
- Block
- Concrete
- Roof: Shingle
Utility Information
- Utilities: Fiber Optics, Private, Water Connected, Water Source: Public, Electricity Connected, Sewer Connected, Water - Multiple Meters
- Sewer: Public Sewer
Parking
- Assigned
- Common
Living Area
- 4,435 sqft
Additional Information: Sarasota Downtown | 941-366-8070
Location
Disclaimer: Listings Courtesy of “My Florida Regional MLS DBA Stellar MLS © 2026. IDX information is provided exclusively for consumers personal, non-commercial use and may not be used for any other purpose other than to identify properties consumers may be interested in purchasing. All information provided is deemed reliable but is not guaranteed and should be independently verified. Last Updated: 4/3/26 22:21
Based on information submitted to the MLS GRID as of 4/4/2026 05:21. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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.