New Listing - 11/07/2024
1132 Crescent STREET, Siesta Key, FL, 34242
0 beds
1956
1,174 sqft
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!
Status:
Active
Type:
Multi-family
Laundry Remarks:
Inside
Units:
2
Subdivision:
POINT OF ROCKS TERRACE ADD
Garage:
Driveway
Heating:
Central, Wall Units / Window Unit
Cooling:
Central Air
Acreage:
0.2
Est. Taxes:
$6,257
Construction
Block
Utilities
Cable Available, Cable Connected, Electricity Available, Electricity Connected, Fire Hydrant, Public, Sewer Connected
Lot Description:
FloodZone, City Lot, Near Public Transit
View Description:
Pool
Elementary School:
Phillippi Shores Elementary
Middle School:
Brookside Middle
High School:
Sarasota High
Days on Market:
1
Pet Policy:
Yes
Pool:
Gunite, In Ground
Min Lease Term:
1 Week
MLS #:
A4628096
Community Info
School Info
Walk Score
Yelp
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Listing courtesy of OFFERMATE REAL ESTATE Phone: 954-939-8164