1132 Crescent STREET, Siesta Key, FL, 34242
Under contract-accepting backup offers. 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!
Status:
Pending
Type:
Lot / Acreage
Subdivision:
POINT OF ROCKS TERRACE ADD
Lot Size:
70' x 124.6'
Acreage:
0.2
Est. Taxes:
$6,257
Current Use
Residential
Utilities
Cable Available, Cable Connected, Electricity Available, Fire Hydrant, Public
Lot Description:
Near Public Transit
View Description:
Pool
Elementary School:
Phillippi Shores Elementary
Middle School:
Brookside Middle
High School:
Sarasota High
Days on Market:
29
Pet Policy:
Yes
MLS #:
A4628101
Community Info
School Info
Walk Score
Yelp
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Listing courtesy of OFFERMATE REAL ESTATE Phone: 954-939-8164