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$1,300,000

1760 Wisconsin Lane Sarasota, FL 34239 Multi Unit - Multiple Active

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Description

Siesta Key Triplex - Weekly Rental Zoned Investment Opportunity 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.

Property Highlights

Property Type: Multi Unit - Multiple
Cooling: Central Air
Heating: Central, Electric
Lot Size: 0.15 Acres
Roof Type: Shingle
Stories: 1.0
Taxes: $4,762
Year Built: 1948

General Information

Bedrooms: 5
Sqft: 2,175
County: Sarasota
Subdivision: BAYVIEW
Listed By:
Danielle Dietrich, PA COLDWELL BANKER REALTY 941-366-8070

Amenities

Built-in Features
Ceiling Fans(s)
Eat-in Kitchen
Solid Surface Counters
Solid Wood Cabinets
Thermostat
French Doors
Lighting
Private Entrance
Storage

Property Features

Annual Net Income: 80000.00
Appliances: Dishwasher, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
Days on Site: 1
Directions: 41 to Siesta on the corner of Siesta and Wisconsin. 2 buildings - First is 1761 Siesta Dr and 2nd is 1760 Wisconsin.
Exterior: Block, Concrete
Fireplace: Living Room
Fireplace Y/N: Yes
Flood Zone Code: X
Flooring: Terrazzo, Tile, Vinyl
Foundation: Block, Concrete Perimeter
Home Warranty Y/N: No
Listing Terms: Cash, Conventional
Lot Dimensions: 0.15
Other Equipment: Private Entrance
Ownership: Fee Simple
Pets Allowed: Yes
Pets Restrictions: n/a
Property Attached Y/N: Yes
Property Sub-Type: Triplex
Security: Security Lights, Smoke Detector(s)
Sewer: Public Sewer
Showing Instructions: 24 Hour Notice, Appointment Only, Call Listing Agent, Do Not Contact Tenants, Listing Agent Must Accompany, No Lockbox, See Remarks, ShowingTime
Special Sale Provisions: None
Units: 4
Utilities: Cable Connected, Electricity Connected, Public, Sewer Connected, Water Connected
Water: Public
Water Access Y/N: No
Windows: Blinds
Zoning: RMF2
$1,300,000
5beds
2,175sqft
New to the Market Active
BEDS5 BATHS SQUARE FEET2,175 MLS#A4688606
STATUSActive PROPERTY TYPEMulti Unit - Multiple SUBDIVISIONBAYVIEW

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1760 Wisconsin Lane , Sarasota, FL 34239.

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Estimated Payment

$ 5,160.68 per month $4,384.68 Principal & Interest $396.83 Property Tax $379.17 Homeowner's Insurance

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About this area

Florida/Sarasota
Sarasota

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About Sarasota

Sarasota, FL is a cultural gem. Once home to the Ringling Brothers Circus, Sarasota boasts a rich arts scene that brings people from all over the area to enjoy world-class theater, music, and other performing arts. Sarasota is also a haven with spectacular scenery, turquoise water and white sandy beaches. It offers a delightful downtown with a variety of small boutiques and exceptional restaurants. With its dynamic culture and arts scene and incredible natural beauty, Sarasota is a wonderful place to call “home.” 

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