Residential Income for Sale: 1132 CRESCENT STREET, SARASOTA, FL 34242

$1,299,900
$1,299,900
1132 CRESCENT STREET, SARASOTA, FL 34242
$1,299,900
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Price:
$1,299,900

Type Residential Income
Total Living Area 1,174 sqft
Lot Size 0.20 acres
Year Built 1956
Taxes Paid $6,256

City SARASOTA
Area 34242 - Sarasota/Crescent Beach/Siesta Key
County Sarasota
Subdivision POINT OF ROCKS TERRACE ADD

MLS A4628096
Status Active
DOM 34 days
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!

Lot & Building Features

Construction Block
Cooling Central Air
Heating Central, Wall Units / Window Unit
Interior Decor Ceiling Fans(s), Living Room/Dining Room Combo
Parking Description Driveway
Sewer Public Sewer
Tax Year 2023
Taxes Paid $6,256
Water Public

Community and Schools

Junior High School Brookside Middle

Price History of 1132 CRESCENT STREET, SARASOTA, FL

Date Name Price Difference
12/31/1969 Listing Price $1,299,900 N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.

Map of 1132 CRESCENT STREET, SARASOTA, FL

Location Map Street View
Photo of Sherri McNeely
Office
1201 6th Ave W
Bradenton, FL 34205
888-804-9992
Listed by OFFERMATE REAL ESTATE, Anita Darvai Seaton
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0.4813408723748%
6.75%
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Monthly Taxes
Monthly HOA
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1132 CRESCENT STREET (MLS #A4628096) is a residential income listing located in SARASOTA, FL. This is a residential income listing with a lot of 8,712 sqft (or 0.20 acres). This property was listed on 11/07/2024 and has been priced for sale at $1,299,900.

Nearby zip codes are 34231.

Stellar MLS

Listing Last updated . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Walk Score map and data provided by Walk Score. Google map provided by Google. Bing map provided by Microsoft Corporation.

All information provided is deemed reliable but is not guaranteed and should be independently verified.

Listing information courtesy of: OFFERMATE REAL ESTATE