1132 Crescent Street, Sarasota, FL 34242
- $1,125,000
- Sold Price
- $1,125,000
- List Price
- $1,299,900
- Status
- Sold
- Days on Market
- 62
- Closing Date
- Jan 13, 2025
- MLS#
- A4628101
- Lot Size
- 8,722
- Acres
- 0.20
- Total Acreage
- 0 to less than 1/4
- Legal Subdivision Name
- Point Of Rocks Terrace Add
- Community Name
- Point Of Rocks
- MLS Area Major
- Sarasota/Crescent Beach/Siesta Key
Property 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!
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Additional Information
- Taxes
- $6256
- Location
- Near Public Transit, Paved
- Community Features
- No Deed Restriction
- Utilities
- Cable Available, Cable Connected, Electricity Available, Fire Hydrant, Public
- Pool
- No Pool
- Elementary School
- Phillippi Shores Elementary
- Middle School
- Brookside Middle
- High School
- Sarasota High
- Fences
- Fenced
- Pets
- Allowed
- Flood Zone Code
- AE
- Parcel ID
- 0108170006
- Legal Description
- LOT 4 POINT OF ROCKS TERRACE ADD
Listing courtesy of OFFERMATE REAL ESTATE.
Selling Office: WHITE SANDS PARADISE REALTY.Mortgage Calculator
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