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1761 SIESTA DR & 1760 WISCONSIN LN Sarasota, FL 34239

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For Sale
$2,400,000

Income property near Siesta Key Beach with expansion potential.

Type:Commercial
Property size:
4,435 SF
Added:
Apr 3, 2026
Days on Market:
16
Last Refresh:
Apr 3 at 8:08 pm

Property Features for 1761 SIESTA DR & 1760 WISCONSIN LN

General Information

Standard status
Active
Size
4,435 SF
Property subtype
Commercial

Building Details

Year Built
1984

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Listing Contact
DANIELLE DIETRICH, PA

Listing agent DANIELLE DIETRICH, PA

Listing office COLDWELL BANKER REALTY

Listing date Apr 3, 2026

Source Corcoran

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

All listing content including descriptions, pricing, images are the copyrighted material of COLDWELL BANKER REALTY


Overview

Siesta Key Multifamily Investment Opportunity

This multifamily investment opportunity is located minutes from Siesta Key Beach. Situated on Siesta Drive, the gateway to Siesta Key, the offering includes two adjacent triplexes on separate parcels, with the potential to expand to 8 units. Currently, there are 7 rented and rentable units. The property features a diverse unit mix of 1BR, 2BR, 3BR, and studio layouts, designed to maximize rental income and appeal to both long-term tenants and short-term vacation renters. Zoned for weekly rentals (7-day minimum) within city limits, the asset benefits from strong, proven income performance, including an established Airbnb 5-star hosting history. Extensive capital improvements have been completed, including newer roofs (2016–2017), updated siding, modern A/C systems, hot water heaters (2021+), appliances, exterior plumbing, fencing, and security lighting with cameras. The property is professionally landscaped and offers on-site laundry, with the ability to add private laundry to each unit. Tenants pay utilities, supported by 7 separate water and electric meters. The property is located just blocks from the North Bridge and within walking distance to shopping, dining, and daily conveniences. Situated in an X flood zone, no flood insurance is required and it is a Level D evacuation zone. The property offers ample on-site parking for up to 17 vehicles, with additional space for boats, kayaks, and recreational equipment. The property size is 4435 square feet.
Location Intelligence

Current Use by Public Records

Short term rental ...

Suggested Use

Law Firm Real Estate Agency Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Daycare Center Accounting Firm

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Sarasota
County
Manatee
State
Florida
Longitude
-82.5353423
Latitude
27.3037452

FAQs

What type of property is this?
Apartment building - Income property near Siesta Key Beach with expansion potential.
Where is this apartment building located?
The property is located at 1761 SIESTA DR & 1760 WISCONSIN LN Sarasota, FL.
What is the asking price?
The asking price for this property is $2,400,000.
What are key features of this property?
This property features: Prime Siesta Key location, minutes from the beach, offering strong rental income potential.; High‑performing multifamily investment with a diverse unit mix and established Airbnb 5‑star hosting history.; Zoned for weekly rentals (7‑day minimum) within city limits.
More about this property
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