1132 CRESCENT STREET
Sarasota, FL 34242
0.20 acres | #A4628101
Description
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!
Property Details
- Lot DescriptionNear Public Transit, Paved
- ViewPool
Measurements
- Acres0.2
Construction Details
- Property TypePurchase
Utilities / Energy Details
- Utility FeaturesCable Available, Cable Connected, Electricity Available, Fire Hydrant, Public
- Sewer InformationPublic Sewer
- Utility SourcePublic
Community and Neighborhood Details
- SubdivisionPOINT OF ROCKS TERRACE ADD
Location
- Elementary SchoolPhillippi Shores Elementary
- Middle SchoolBrookside Middle
- High SchoolSarasota High
- CountySarasota
Financial Details
- Original List Price$1,299,900
- Taxes Annual$6,256
- Days on Market (Cumulative)13
Restrictions
- Pets AllowedYes
Other
- MLS #A4628101
Location
Legal
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Some IDX listings have been excluded from this website. Listing Information presented by local MLS brokerage: Stephanie LeFew | Keys to Castles Group
Last Updated: . Source: SMLS
Listing Courtesy
Listing Agent: Anita Darvai Seaton (#MFR281534029)
Listing Office: OFFERMATE REAL ESTATE (#MFR281543902)
Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.
