1132 Crescent Street
$1,299,900
—
1,174
1,174
$1,107
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!
- Listed by Anita Darvai Seaton • OFFERMATE REAL ESTATE
Property Details for 1132 Crescent Street
Subdivision Name
POINT OF ROCKS TERRACE ADD
Carport Spaces1
ViewPool
WaterfrontNo
LISTING UPDATED: 11/14/2024 11:48 AM
Property Details for 1132 Crescent Street
Status | Active |
---|---|
MLS # | A4628096 |
Days on Market | 10 |
Taxes | $6,257 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income / Duplex |
Year Built | 1956 |
Lot Size | 0.20 AC / 8,722 SF |
County | Sarasota County |
Building Information for 1132 Crescent Street
Stories-Residences2Year Built1956Building Size-Lot Size0.20 AC / 8,722 SF
Property Information for 1132 Crescent Street
Property History for 1132 Crescent Street
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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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 | ||
Sarasota Virtual Instruction (Course Offerings) 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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