1132 CRESCENT ST, SARASOTA, FL, 34242
$1,299,900
Land
|
Lot Size
8,722 Sqft
|
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!
Property Details
| Property Features | Property Features | |||
|---|---|---|---|---|
| MLS ID: | MFRA4628101 | Year Built: | ||
| Country: | US | Current Use: | Residential | |
| Direction Faces: | North | Disclosures: | Seller Property Disclosure | |
| Fencing: | Fenced | Listing Agreement: | Exclusive Right To Sell | |
| Listing Terms: | Cash | Lot Features: | Near Public Transit, Paved | |
| Pets Allowed: | Yes | Property Type: | Land | |
| Road Responsibility: | Public Maintained Road | Road Surface Type: | Asphalt | |
| Sewer: | Public Sewer | Showing Requirements: | Combination Lock Box | |
| Special Listing Conditions: | None | Standard Status: | Active | |
| State Or Province: | FL | Utilities: | Cable Available, Cable Connected, Electricity Available, Fire Hydrant, Public | |
| Vegetation: | Mature Landscaping | View: | Pool | |
| Water Source: | Public | |||
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