1132 Crescent Street

Sarasota, FL 34242

$1,299,900
Price
8,722 / 0.20
Lot Size / Acres

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...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!
  1. Listed by Anita Darvai Seaton • OFFERMATE REAL ESTATE

Property Details for 1132 Crescent Street

Subdivision Name
POINT OF ROCKS TERRACE ADD
View
Pool
Waterfront
No
LISTING UPDATED: 11/14/2024 11:50 AM

Property Details for 1132 Crescent Street

StatusActive
MLS #A4628101
Days on Market17
Taxes$6,257 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeLand
MLS TypeLand
Year Built-
Lot Size0.20 AC
CountySarasota County

Building Information for 1132 Crescent Street

Lot Size0.20 AC

Property Information for 1132 Crescent Street

Summary
Location and General Information
  • Building Area Units: Square Feet
  • Direction Faces: North
  • 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
  • SW Subdiv Community Name: Point Of Rocks
  • Street Number: 1132
  • Street Name: CRESCENT
  • Street Suffix: STREET
  • State: FL
  • City: SARASOTA
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
  • Current Adjacent Use: Multi-Family
  • Current Use: Residential
  • Lot Features: Near Public Transit, Street Paved
  • Lot Size Dimensions: 70' x 124.6'
  • Parcel Number: 0108170006
  • Total Acreage: 0 to less than 1/4
  • Water Access: No
  • Water Extras: No
  • Lot Dimensions: 70' x 124.6'
Property and Assessments
  • Flood Zone Code: AE
  • Flood Zone Date: 11-04-2024
  • Dock YN: No
Utilities
  • Sewer: Public Sewer
  • Utilities: Cable Available, Cable Connected, Electricity Available, Fire Hydrant, Public
  • Water Source: Public
Interior and Exterior Features
Exterior Features
  • Fencing: Fenced
  • Front Footage: 70
  • Pool: None
  • Pool Private: No
  • Vegetation: Mature Landscaping
  • Waterfront Feet Total: 0
Interior Features
  • Living Area Units: Square Feet
  • Water View: No
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 0.20 ac of land 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 17 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, 0.20 ac of land on a 8,722 sq. ft. / 0.20 acres lot.

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

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