1761 Siesta Dr Sarasota, FL 34239
Property details
About 1761 Siesta Dr
Exceptional 6-Unit Income Property – Prime Location on 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 & 2017); 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! CITY LIMITS (7-day minimum!). Largest multiplex on siesta- won't last! 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.
Highlights
Virtual tour
Summary
- Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
- Flooring Type: Terrazzo, Tile, Vinyl
- Interior: Built-in Features, Ceiling Fans(s), Crown Molding, Eat-in Kitchen, Solid Surface Counters, Solid Wood Cabinets, Window Treatments
- Fireplace: Family Room, Living Room
- Total Bedroom Count: 10
- Private Pool: No
- Parking: Assigned, Common
- Exterior: Lighting, Storage
- Heating: Central, Electric
- Cooling: Central Air, Ductless, Wall/Window Unit(s)
- List Price: $2,480,000
- Price/SqFt: $559
- HOA Amount: $0
- Annual Tax Amount: $5,780
- Tax Year: 2023
- Lot: Landscaped, Near Public Transit, Private, One-Way Street, Paved
- Directions: 41 to Siesta on the corner of Siesta and Wisconsin. 2 buildings - 1761 Siesta Dr and 1760 Wisconsin.
- Year Built: 1949
- Living Area: 4,435 SqFt
- Lot Size: 0.29 Acres
- MLS Number: N6139645
- MLS Name: MFRMLS
- Office Name: COLDWELL BANKER REALTY
- Office Phone: (941) 493-1000
- Listing Agent: Danielle Dietrich, PA
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Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Mar 13, 2017 | Home Sold | $285,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $422,100 | $5,780 |
| 2022 | $399,400 | $5,386 |
| 2021 | $260,900 | $5,386 |
| 2020 | $244,900 | $4,397 |
| 2019 | $221,800 | $3,865 |
| 2018 | $249,100 | $4,310 |
| 2017 | $208,200 | $3,690 |
History based on county public records data.
Nearby schools
10
Southside Elementary School
Public District PK-5
0.4 mi
•1901 Webber St
8
Phillippi Shores Elementary School
Public Magnet PK-5
1.3 mi
•4747 S Tamiami Trl
5
Alta Vista Elementary School
Public District PK-5
1.8 mi
•1050 S Euclid Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $64,224. Typical income of Sarasota, FL residents is between $35k-100k annually. The majority of families are single, no kids. Typical level of education for residents in this area is post secondary degree.
How much money do the neighbors make?
What level of education do the neighbors have?
What types of families live nearby?
Are the neighbors home owners or renters?
How old are people in this area?
What do the neighbors do for fun?
Hiking/backpacking
PGA/LPGA
Men's Tennis
Where do the neighbors shop?
Nordstrom Rack
Chico's
Bloomingdales
Where do the neighbors go to eat?
Chipotle
Bonefish Grill
California Pizza Kitchen
What do the neighbors drive?
Mazda
Cadillac
Lexus
What do the neighbors listen to?
Rock
Classical
News
Frequently asked questions
About 1761 Siesta Dr
The listing price of 1761 Siesta Dr property is $2,480,000.
The property 1761 Siesta Dr is a multi located in Sarasota, Florida, 34239.
Active Listing: 1761 Siesta Dr is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 1761 Siesta Dr are: Southside Elementary School (GreatSchools Rating 10/10), Phillippi Shores Elementary School (GreatSchools Rating 8/10), Alta Vista Elementary School (GreatSchools Rating 5/10), Brookside Middle School (GreatSchools Rating 6/10), Suncoast School for Innovative Studies (GreatSchools Rating 5/10), Sarasota School of Arts/Sciences (GreatSchools Rating 8/10), Sarasota High School (GreatSchools Rating 4/10), Sarasota Virtual Instruction Program (GreatSchools Rating 6/10), Riverview High School (GreatSchools Rating 6/10).
According to the records, the last property tax for 2023 is $5,780 (source: MLS/based on county public records data).
The last sale was on March 13, 2017 for $285,000 (source: MLS/tax record).
The property 1761 Siesta Dr is 4,435 SqFt (source: MLS/tax record).
The year of construction for 1761 Siesta Dr is 1949.
This home is located at 1761 Siesta Dr in Sarasota, FL and zip code 34239 in the Shoreland Woods neighborhood. This 4,435 square foot home, which was built in 1949, sits on a 0.29 acre lot. Features: 10 bedrooms, 8 bathrooms. It has been listed on Rocket Homes since July 11, 2025 and is currently priced at $2,480,000.
Sarasota, FL housing market in June 2025 saw over 23 listings sold above listed price, more than 51 sold at listed price and over 364 sold below. The number of listings in Sarasota, FL decreased by 2% between May and June 2025. In June 2025, listings were on the market for 72 days. During the same period, the median list price in this real estate market was $495,118.