Photo 1 of 51
$1,100,000
| Beds |
Baths |
Sq. Ft. |
Taxes |
Built |
| 4 |
|
2,020 |
$4,879.92 |
1949 |
|
On the market:
0 days
|
|
Other active MLS# for this property:
A4688614
A4688614
|
View full details, photos, school info, and price history
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.
Listing courtesy of Danielle Dietrich, PA, COLDWELL BANKER REALTY