Patsy Bradley
Property Description
Under contract-accepting backup offers. Siesta Key Triplex - 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 $65K-$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.
Property Features
Amenities
Feature Descriptions
Listed By / Shown By
Listed By
Agency Name: COLDWELL BANKER REALTY
Agency Contact: 941-366-8070
Shown By
Agent Name: Patsy Bradley
Agent Phone: (386) 689-4849
Agency Title: Watson Realty Corp., REALTORS ®
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Estimated Payment
$ 6,324.38 per month $5,596.97 Principal & Interest $406.58 Property Tax $320.83 Homeowner's InsuranceChange Payment Information
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1761 Siesta Drive | MLS# A4688614
This multi-family property located at 1761 Siesta Drive, Sarasota, FL 34239 is currently listed for sale with an asking price of $1,100,000. Search Sarasota real estate on patsybradley.watsonrealtycorp.com today.