$1,299,900

Pending

Est. Mortgage $6,659/mo *

Quick Pre-Approval

1132 Crescent STREET, Siesta Key, FL, 34242

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



Listing courtesy of OFFERMATE REAL ESTATE Phone: 954-939-8164