1132 Crescent Street Sarasota, FL 34242
Listing Courtesy of: STELLAR / Coldwell Banker Realty / Anita Darvai

  1132 Crescent Street Sarasota, FL 34242

Pending (32 Days)
$1,299,900

Description

Under contract-accepting backup offers. 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!

MLS #:
A4628096
Taxes
$6,257(2023)
Lot Size
8,722 SQFT
Type
Multifamily
Year Built
1956
Views
Pool
County
Sarasota County

Listed By

Anita Darvai, Coldwell Banker Realty
Source
STELLAR
Last checked Dec 23 2024 at 5:11 AM GMT+0000
Bathroom Details
Interior Features
  • Living Room/Dining Room Combo
  • Ceiling Fans(s)
Subdivision
  • Point Of Rocks Terrace Add
Lot Information
  • Paved
  • Near Public Transit
  • City Limits
  • Floodzone
Property Features
  • Foundation: Slab
Heating and Cooling
  • Wall Units / Window Unit
  • Central
  • Central Air
Pool Information
  • In Ground
  • Gunite
Flooring
  • Travertine
  • Terrazzo
Exterior Features
  • Block
  • Roof: Other
  • Roof: Membrane
Utility Information
  • Utilities: Water Source: Public, Sewer Connected, Public, Fire Hydrant, Electricity Connected, Electricity Available, Cable Connected, Cable Available
  • Sewer: Public Sewer
School Information
  • Elementary School: Phillippi Shores Elementary
  • Middle School: Brookside Middle
  • High School: Sarasota High
Parking
  • Driveway
Living Area
  • 1,174 sqft
Location
   
Calculate drive times to this property
 
Powered by INRIX® Drive Time

Powered by Walk Score®
Disclaimer: Listings Courtesy of “My Florida Regional MLS DBA Stellar MLS © 2024. IDX information is provided exclusively for consumers personal, non-commercial use and may not be used for any other purpose other than to identify properties consumers may be interested in purchasing. All information provided is deemed reliable but is not guaranteed and should be independently verified. Last Updated: 12/22/24 21:11