Prime investment opportunity in an unbeatable location! Just steps from the world-renowned Siesta Key Beach, this property is zoned for residential multi-family and offers fantastic short-term rental potential, 7 days minimum. Build a brand-new, high-income duplex for a steady year-round revenue stream. The current house had extensive flood damage, it is a tear down. County approval is in place to construct a new duplex, and the existing home already functions as a duplex with individual electrical panels and two separate lanais.
The oversized pool adds tremendous value, a new pool motor was installed. The fully fenced backyard provides the perfect retreat with ample privacy. The two spacious driveways can accommodate up to 10 vehicles, and the paved backyard is ideal for entertaining. Siesta Key boasts a thriving vacation rental market as the #1 ranked beach in the U.S. Plus, the Siesta Key Breeze Trolley—a free ride service—has a convenient stop right at the next house.
This is the most affordably priced multi-family lot on the Key—don’t miss out on this incredible opportunity!
The oversized pool adds tremendous value, a new pool motor was installed. The fully fenced backyard provides the perfect retreat with ample privacy. The two spacious driveways can accommodate up to 10 vehicles, and the paved backyard is ideal for entertaining. Siesta Key boasts a thriving vacation rental market as the #1 ranked beach in the U.S. Plus, the Siesta Key Breeze Trolley—a free ride service—has a convenient stop right at the next house.
This is the most affordably priced multi-family lot on the Key—don’t miss out on this incredible opportunity!
Property Details
Price:
$1,299,900
MLS #:
A4628101
Status:
Active
Beds:
0
Baths:
0
Address:
1132 CRESCENT STREET
Type:
Land
Subdivision:
POINT OF ROCKS TERRACE ADD
Neighborhood:
34242 – Sarasota/Crescent Beach/Siesta Key
City:
SARASOTA
Listed Date:
Nov 7, 2024
State:
FL
ZIP:
34242
Lot Size:
8,722 sqft / 0.20 acres (approx)
See this Listing
CENTURY 21 Carioti is a full service real estate company servicing the State of Florida with a headquarters in Orlando, FL.
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Schools
Elementary School:
Phillippi Shores Elementary
Middle School:
Brookside Middle
High School:
Sarasota High
Interior
Exterior
Financial
Tax Year
2023
Taxes
$6,257
Map
Community
- Address1132 CRESCENT STREET SARASOTA FL
- SubdivisionPOINT OF ROCKS TERRACE ADD
- CitySARASOTA
- CountySarasota
- Zip Code34242
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Courtesy of OFFERMATE REAL ESTATE. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the Stellar MLS. Detailed information about real estate listings held by brokerage firms other than CENTURY 21 Carioti include the name of the listing broker. Neither the listing company nor CENTURY 21 Carioti shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2024. Stellar MLS. All rights reserved. 1132 CRESCENT STREET
SARASOTA, FL
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