UPDATED:
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
Square Footage 2,175 sqft
Price per Sqft $597
Subdivision Bayview
MLS Listing ID A4688606
Bedrooms 5
HOA Y/N No
Year Built 1948
Annual Tax Amount $4,762
Lot Size 6,534 Sqft
Acres 0.15
Property Sub-Type Triplex
Source Stellar MLS
New Construction false
Property Description
Concrete triplex in city limits featuring one 3BR/1BA unit with attached 1BR/1BA studio and two additional 1BR/1BA units. ALL units are tenant-occupied with immediate income potential; historical annual income reported at $80K–$100K.
Zoned for weekly rentals in Siesta Key City Limits...allow short- or long-term rental flexibility. Property includes four electric and four water meters, with tenants paying utilities. Expenses are kept low and are primarily limited to taxes, insurance, and landscaping.
Recent updates include A/C systems, water heaters, appliances, exterior lighting, security cameras, and landscaping. Features shared on-site laundry plus private laundry in the larger unit. Concrete construction makes this the perfect investment property close to the beach and in Evacuation Zone D. No flood insurance required!
Prime location near Siesta Key Beach with easy access to shopping, dining, and public transportation. Approximately two blocks to the North Bridge.
Add 1761 Siesta Dr to increase your income potential and begin your Siesta Key Portfolio or scale to a 7+ unit portfolio with a potential six-figure+ income gain. Why buy just one when you can buy both! Strong in-place income makes this a rare Siesta Key investment. Intended to be sold together.
Do not disturb tenants. Showings by appointment only; listing agent must accompany all showings.
Location
State FL
County Sarasota
Community Bayview
Area 34239 - Sarasota/Pinecraft
Zoning RMF2
Interior
Interior Features Built-in Features, Ceiling Fans(s), Eat-in Kitchen, Solid Surface Counters, Solid Wood Cabinets, Thermostat
Heating Central, Electric
Cooling Central Air
Flooring Terrazzo, Tile, Vinyl
Fireplaces Type Living Room
Furnishings Unfurnished
Fireplace true
Appliance Dishwasher, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
Laundry Common Area, Outside
Exterior
Exterior Feature French Doors, Lighting, Private Entrance, Storage
Utilities Available Cable Connected, Electricity Connected, Public, Sewer Connected, Water Connected
Roof Type Shingle
Garage false
Private Pool No
Building
Entry Level One
Foundation Block, Concrete Perimeter
Lot Size Range 0 to less than 1/4
Sewer Public Sewer
Water Public
Structure Type Block,Concrete
New Construction false
Others
Pets Allowed Yes
Senior Community No
Ownership Fee Simple
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition None
Virtual Tour https://www.propertypanorama.com/instaview/stellar/A4688606
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