1132 Crescent Street

Sarasota, FL 34242

$1,299,900
Price
—
Beds
1,174 Sq. Ft.
$1,107 / Sq. Ft.
1,174
Sq. Ft.
$1,107
per Sq. Ft.

Description

Exceptional investment opportunity in a prime location! Just steps away from the iconic Siesta Key Beach, this property is zoned for residential multi-family use and offers excellent short-term rental potential with a 7-day minimum. Imagine building a brand-new, high-earning duplex to generate steady income all year. County approval is already secured for a new duplex, and the current structure is set up as a duplex house with separate electrical panels and two private lanais. The property sustained...Exceptional investment opportunity in a prime location! Just steps away from the iconic Siesta Key Beach, this property is zoned for residential multi-family use and offers excellent short-term rental potential with a 7-day minimum. Imagine building a brand-new, high-earning duplex to generate steady income all year. County approval is already secured for a new duplex, and the current structure is set up as a duplex house with separate electrical panels and two private lanais. The property sustained significant flood damage from the recent hurricanes, resulting in the removal of all kitchen appliances. It currently requires extensive repairs, or you have the option to start fresh with a complete rebuild. The oversized pool adds fantastic appeal and convenience, complete with a recently installed motor, and the fully fenced backyard offers a private oasis for relaxation. With two generous driveways that fit up to 10 cars, plus a paved backyard perfect for gatherings and entertainment, this property is designed for relaxation. The property is in walking distance from the beach. Siesta Key enjoys a strong vacation rental market as the top-rated beach in the U. S., investment properties are in high demand. Vacationers enjoy the free Siesta Key Breeze Trolley that stops just next door and offers transportation to the Village. This is the most competitively priced multi-family property on the Key—don’t let this incredible opportunity pass by!
  1. Listed by Anita Darvai Seaton • OFFERMATE REAL ESTATE

Property Details for 1132 Crescent Street

Subdivision Name
POINT OF ROCKS TERRACE ADD
Carport Spaces
1
View
Pool
Waterfront
No
LISTING UPDATED: 11/14/2024 11:48 AM

Property Details for 1132 Crescent Street

StatusActive
MLS #A4628096
Days on Market10
Taxes$6,257 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Duplex
Year Built1956
Lot Size0.20 AC / 8,722 SF
CountySarasota County

Building Information for 1132 Crescent Street

Stories-Residences2Year Built1956Building Size-Lot Size0.20 AC / 8,722 SF

Property Information for 1132 Crescent Street

Summary
Location and General Information
  • Building Area Source: Public Records
  • Building Area Total: 2098.0
  • Building Area Units: Square Feet
  • Directions: From Midnight Pass Rd turn onto Crescent St, the property will be on your left side.
  • Elementary School: Phillippi Shores Elementary
  • Middle Or Junior School: Brookside Middle
  • High School: Sarasota High
  • Mls Major Change Type: New Listing
  • Major Change Type: New Listing
  • Listing Service: Full Service
  • Senior Community: No
  • SW Subdiv Community Name: Point Of Rocks
  • Unit Number: No
  • Street Number: 1132
  • Street Name: CRESCENT
  • Street Suffix: STREET
  • State: FL
  • City: SARASOTA
Parking
  • Attached Garage: No
  • Available For Lease: Yes
  • Carport: Yes
  • Garage: No
  • Parking Features: Driveway
Taxes and HOA Information
  • Association: No
  • CDD: No
  • Number Of Pets: 10+
  • Pet Restrictions: No restrictions.
  • Tax Book Number: 0006/0007
  • Tax Legal Description: LOT 4 POINT OF ROCKS TERRACE ADD
  • Tax Lot: 4
  • Tax Year: 2023
Property
Lot Information
  • Additional Parcels: No
  • Lot Features: FloodZone, In City Limits, Near Public Transit, Street Paved
  • Parcel Number: 0108170006
  • Total Acreage: 0 to less than 1/4
  • Total Num Buildings: 1
  • Water Access: No
  • Water Extras: No
  • Living Area: 1174
Property and Assessments
  • Year Built Numeric: 1956
  • Flood Zone Code: AE
  • Flood Zone Date: 11-04-2024
  • Homestead: No
  • New Construction: No
  • Property Attached: No
  • Property Condition: Fixer
  • Dock YN: No
Utilities
  • Sewer: Public Sewer
  • Utilities: Cable Available, Cable Connected, Electricity Available, Electricity Connected, Fire Hydrant, Public, Sewer Connected
  • Water Source: Public
  • Num Electric Meters: 2.0
  • Num Water Meters: 2.0
Interior and Exterior Features
Exterior Features
  • Construction Materials: Block
  • Exterior Features: Irrigation System
  • Foundation Details: Slab
  • Green Landscaping: Fl. Friendly/Native Landscape
  • Levels: One
  • Patio And Porch Features: Covered, Front Porch, Patio, Porch, Screened
  • Pool Features: Gunite, In Ground
  • Pool Private: Yes
  • Pool: Private
  • Pool Private: Yes
  • Roof: Membrane, Other
  • Spa: No
  • Waterfront Feet Total: 0
Interior Features
  • Bedrooms Total: 0
  • Cooling: Central Air
  • Fireplace: No
  • Flooring: Terrazzo, Travertine
  • Heating: Central, Wall Units / Window Unit
  • Interior Features: Ceiling Fans(s), Living Room/Dining Room Combo
  • Laundry Features: Inside
  • Living Area Source: Public Records
  • Living Area Units: Square Feet
  • Water View: No
Multi Family
Multi-Family Information
  • Annual Net Income: $.00
  • Unit Count: 2
Unit 1
  • Unit Type Baths Total 1: 1
  • Unit Type Beds Total 1: 1
  • Unit Type Type 1: 1 Bed/1 Bath
Unit 2
  • Unit Type Baths Total 2: 2
  • Unit Type Beds Total 2: 1
  • Unit Type Type 2: 1 Bed/1 Bath
Rental
Rental Information
  • Pets Allowed: Yes

Property History for 1132 Crescent Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1132 Crescent Street

Taxable ValueLand-Additions-Total-
Tax Record2023$6,306 ($525 / month)
Home Facts
Baths2.5Total Finished SqFt1,174 SqFtAbove Grade Finished SqFt1,174 SqFtStories1Lot Size8,722 SqFtStyleDuplexYear Built1956Year Renovated1996ZoningRMF1; SKODCountySARASOTAAPN0108-17-0006

Schools near 1132 Crescent Street

This home is within Sarasota.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Phillippi Shores Elementary School
PublicPK to 5

Brookside Middle School
Public6 to 8

Sarasota High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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1132 Crescent Street is a multi-family home for sale in Sarasota, FL 34242. This property was listed for sale on November 4, 2024 by OFFERMATE REAL ESTATE, it's currently listed at $1,299,900. It has been on the market for a total of 10 days and was last sold on July 31, 2014. This listing's school district is Sarasota. Nearby schools include Phillippi Shores Elementary School, Brookside Middle School and Sarasota High School. 1132 Crescent Street is a 0-bed, 0-bath, 1,174 sqft multi-family home built in 1956.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of OFFERMATE REAL ESTATE, Anita Darvai Seaton

The information is being provided in part by Southwest Florida Multiple Listing Service, Broker Reciprocity Program ("BR Program") of M.L.S. of Naples, Inc. ("Naples MLS"), under License No. NCOMPN2, and MarcoMls. Information deemed reliable but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. Copyright 2024 Southwest Florida Multiple Listing Service and MarcoMls. All Rights Reserved. The data relating to real estate for sale displayed on this website comes in part from the Broker Reciprocity Program ("BR Program") of M.L.S. of Naples, Inc. ("Naples MLS"), under License No. NCOMPN2 and MarcoMls. Properties listed with brokerage firms other than Compass are marked with the "BR House" logo. Detailed information about such properties includes the name of the brokerage firm with which the seller has listed the property. The properties displayed may not be all the properties listed with brokerage firms participating in the Naples MLS BR Program, or contained in the database compilation of Naples MLS.