Sarasota, FL 34242,1132 CRESCENT ST
Sarasota, FL 34242,1132 CRESCENT ST
Sarasota, FL 34242,1132 CRESCENT ST
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$1,299,900
Est. payment /mo
8,712 Sqft Lot
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UPDATED:

12/19/2024 12:34 AM

Key Details

Property Type Vacant Land

Sub Type Residential

Listing Status Pending

Purchase Type For Sale

Subdivision Point Of Rocks Terrace Add

MLS Listing ID A4628101

HOA Y/N No

Originating Board Stellar MLS

Annual Tax Amount $6,256

Lot Size 8,712 Sqft

Acres 0.2

Lot Dimensions 70' x 124.6'

Property Description

Under contract-accepting backup offers. 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!

Location

State FL

County Sarasota

Community Point Of Rocks Terrace Add

Exterior

Fence Fenced

Utilities Available Cable Available, Cable Connected, Electricity Available, Fire Hydrant, Public

View Pool

Building

Lot Description Near Public Transit, Paved

Lot Size Range 0 to less than 1/4

Sewer Public Sewer

Water Public

Schools

Elementary Schools Phillippi Shores Elementary

Middle Schools Brookside Middle

High Schools Sarasota High

Others

Pets Allowed Yes

Ownership Fee Simple

Acceptable Financing Cash

Listing Terms Cash

Num of Pet 10+

Special Listing Condition None


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Stellar MLS
Listed by OFFERMATE REAL ESTATE

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agent

Joseph Kipping

+1(813) 600-1604

Broker Associate | BK3207023

Broker Associate BK3207023

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1132 CRESCENT ST