1132 CRESCENT STREET
Sarasota, FL 34242
$1,299,900
0.20 acres | #A4628101
For Sale
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
Property
- View:Pool
- Lot description:Near Public Transit, Paved
Measurements
- Acres:0.2
Construction Details
Type & Style
- Property type:Purchase
Utilities / Energy Details
Utility
- Sewer information:Public Sewer
- Utility source:Public
- Utility features:Cable Available, Cable Connected, Electricity Available, Fire Hydrant, Public
Community and Neighborhood Details
Community
- Subdivision:POINT OF ROCKS TERRACE ADD
Location
- Elementary School:Phillippi Shores Elementary
- Middle School:Brookside Middle
- High School:Sarasota High
- County:Sarasota
Financial Details
Pricing Details
- Original List Price:$1, 299, 900
- Days on Market (Cumulative):16
- Taxes annual:$6, 256
Restrictions
Pets
- Pets Allowed:Yes
Other
Source
- 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: Patricio R. Mosquera
Last Updated: . Source: SMLS
Listing Courtesy
Listing Agent: Anita Darvai Seaton
Listing Office: OFFERMATE REAL ESTATE
Patricio R. MosqueraReal Estate Group
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.
Estimated Monthly Payment
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Loan Amount
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