1761 SIESTA DRIVE, Sarasota, FL, 34239
4 beds
1949
2,020 sqft
Under contract-accepting backup offers. Siesta Key Triplex â High-Yield, Weekly Rental Zoned Investment! Concrete triplex in city limits featuring one 2BR/2BA and two 1BR/1BA units with long-term tenants in place...immediate cash flow from day one. Proven income of $65Kâ$85K annually with low overhead expenses (taxes, insurance, landscaping only). Tenants pay all utilities with separate electric & water meters for each unit. Weekly rental zoning in city limits is a major upside for short-term income potential. Ideal for investors looking to significantly increase returns or house-hack by living in one unit and renting the others. Recent upgrades include new A/C systems, water heaters, appliances, security cameras, exterior lighting, and tropical landscaping. Solid concrete construction in Evacuation Zone D and NO flood insurance is required. Prime location just minutes to Siesta Key Beach, walking distance to dining, shopping, and essentials. Quick access on/off the key only 2 blocks to North Bridge. Value-add opportunity: Purchase adjacent property at 1760 Wisconsin Lane to scale to a 7+ unit portfolio with potential six-figure+ income. Why buy just one when you can buy both! Strong in-place income makes this a rare Siesta Key investment. Do not disturb tenants. Showings by appointment only; listing agent must accompany all showings.
Status:
Pending
Type:
Multi-family
Furnished Remarks:
Unfurnished
Laundry Remarks:
Common Area, Electric Dryer Hookup, Laundry Closet, Outside, Washer Hookup
Units:
3
Subdivision:
BAYVIEW
Garage:
Assigned, Common, Driveway, Guest
Heating:
Central, Electric
Cooling:
Central Air, Mini-Split Unit(s), Wall/Window Unit(s)
Acreage:
0.14
Est. Taxes:
$4,880
Construction
Block, Concrete
Utilities
Electricity Connected, Fiber Optics, Private, Sewer Connected, Water - Multiple Meters, Water Connected
Lot Description:
In County, Landscaped, Near Public Transit, Private, Street One Way
Days on Market:
33
Pet Policy:
Yes
Appliances:
Dishwasher, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
Lease Term Type:
12 Months
Min Lease Term:
1 Week
MLS #:
A4688614
Community Info
School Info
Walk Score
Yelp
Listing courtesy of Coldwell Banker Realty 941-366-8070