$1,299,900 for Sale
1132 crescent street , sarasota, FL 34242
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!
General Information
Sale Price: $1,299,900
Price/SqFt:
Status: Active
MLS#: A4628101
City: sarasota
Post Office: sarasota
Schools: sarasota high
County: Sarasota
Subdivision: point of rocks terrace add
Acres: 0.2
Lot Dimensions: 70' x 124.6'
Size:
Acreage: 0.2 est.
Year Built:
Property Type:
Style:
Tax, Fees & Legal
Est. Winter Taxes: $6,257
Legal Description: LOT 4 POINT OF ROCKS TERRACE ADD
Information provided by My Florida Regional MLS DBA Stellar MLS, Copyright 2024
All information provided is deemed reliable but is not guaranteed and should be independently verified. Participants are required to indicate on their websites that the information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing By: Anita Darvai Seaton of OFFERMATE REAL ESTATE, Phone: 954-939-8164