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1132 Crescent Street

Sarasota, FL 34242
  • $1,299,900
  • STATUS: Active
  • ON SITE: 27 Days
  • MLS #: A4628096
UPDATED: 70 min ago
$1,299,900
  • 0
    BEDS
  • 0.2
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 1,174
    SQFT
  • $1,107
    $/SQFT
Type:
Multi-Family
Built:
1956
County:

School Information

Elementary School:
Middle School:
High School:

Description

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 Keydon't let this incredible opportunity pass by!

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© 2024 My Florida Regional MLS DBA Stellar MLS. All rights reserved. All listings displayed pursuant to IDX. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided for consumers personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Data last updated 2024-12-05T15:46:08.203.
www.thenewcomergroup.com/homes/157655204
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1132 Crescent Street Sarasota, FL 34242

  • Price: $1,299,900
  • Status: Active
  • On Site: 27 Days
  • Updated: 70 min ago
  • MLS #: A4628096
0
Beds
0
Baths
0
½ Baths
0.2
Acres
1,174
SQFT
$1,107
$/SQFT
1956
Built
Neighborhood:
Point Of Rocks Terrace Add
County:
Sarasota
Area:
Sarasota/Crescent Beach/Siesta Key
Elementary School:
Phillippi Shores Elementary
Middle School:
Brookside Middle
High School:
Sarasota High
Property Description
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 Keydon't let this incredible opportunity pass by!
Exterior Features

Attached Garage Yn No Carport Spaces 1 Carport Yn Yes Construction Materials Block Covered Spaces 1 Exterior Features Irrigation System Foundation Details Slab Green Landscaping Fl. Friendly/Native Landscape Lot Features FloodZoneCity LotNear Public Transit Open Parking YN Yes Parking Features Driveway Patio And Porch Features CoveredFront PorchPatioPorchScreened Pool Features GuniteIn Ground Pool Private Yn Yes Road Frontage Type Street Paved Road Surface Type PavedAsphalt Roof MembraneOther Spa YN No View Pool Water Access Yn No Water Extras Yn No Water View Yn No Waterfront Feet Total 0 Waterfront Yn No

Interior Features

Building Area Total 2098 Cooling Central Air Cooling YN Yes Fireplace Yn No Flooring TerrazzoTravertine Heating CentralWall Units / Window Unit Heating YN Yes Interior Features Ceiling Fan(s)Living Room/Dining Room Combo Laundry Features Inside Levels One Sewer Public Sewer Water Source Public

Property Features

Additional Lease Restrictions Sarasota County and Siesta Key Overlay District (SKOD) Lease Restrictions Annual Net Income 0 Association Yn No Cdd Yn No Down Payment Resource No Flood Zone Code AE Garage Yn No Homestead Yn No Lease Considered YN Yes Lease Restrictions YN No Listing Terms Cash Minimum Lease 1 Week New Construction Yn No Number Of Pets 10+ Ownership Fee Simple Pet Restrictions No restrictions. Pets Allowed Yes Property Attached YN No Property Condition Fixer Property Sub Type Duplex Realtor Info As-IsSee Attachments Senior Community Yn No Special Listing Conditions None Sw Subdiv Community Name Point Of Rocks Tax Annual Amount 6256.95 Total Annual Fees 0 Total Monthly Fees 0 Utilities Cable AvailableCable ConnectedElectricity AvailableElectricity ConnectedFire HydrantPublicSewer Connected


Listing information © 2024 My Florida Regional MLS DBA Stellar MLS..
Listing provided courtesy of OFFERMATE REAL ESTATE: 954-939-8164.



© 2024 My Florida Regional MLS DBA Stellar MLS. All rights reserved. All listings displayed pursuant to IDX. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided for consumers personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Data last updated 2024-12-05T15:46:08.203.
 
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