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1132 CRESCENT STREET

Multi-family For Sale
$1,299,900

BTC: 13.07089121

ETH: 380.08771930

14 days
0 room(s)
1,174 sqft
Est. Estimated sales range: $0 - $0
$0

Overview

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!

Location

Florida • SARASOTA • 34242 • Multi-family • For Sale

Facts and features

Type:
Residential Income
Parking:
Driveway
Year Built:
1956
Lot:
0.20 Acres
Heating:
Central / Wall Units / Window Unit
Price/sqft:
$1,107
Cooling:
Central Air
HOA:
No Data
All facts and features

  • Flooring

    • Terrazzo

    • Travertine

    Heating

    • Central

    • Wall Units / Window Unit

    Cooling

    • Central Air

    Other interior features

    • Ceiling Fan(s)

    • Living Room/Dining Room Combo

  • Parking

    • Driveway

    Property

    • Levels: One

    • Pool Private: Yes

    • Exterior Features: Irrigation System

    Lot

    • Lot: 0.20 Acres

    Other Property Information

    • Parcel Number: 0108170006

  • Type and style

    • Property Type: Residential Income

    • Property Sub Type: Duplex

  • Utility

    • Cable Available

    • Cable Connected

    • Electricity Available

    • Electricity Connected

    • Fire Hydrant

    • Public

    • Sewer Connected

  • Other financial information

    • Annual tax amount: $6,257

  • Source details

    • MLS ID: A4628096

    Other facts

    • Construction Materials: Block

    • Foundation Details: Slab

    • Laundry Features: Inside

    • Lot Features: FloodZone / City Lot / Near Public Transit

    • Patio And Porch Features: Covered / Front Porch / Patio / Porch / Screened

    • Pool Features: Gunite / In Ground

    • Living Area: 1174

    • Water Source: Public

    • Subdivision Name: POINT OF ROCKS TERRACE ADD

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The multiple listing information is provided by the Stellar MLS from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2024-present Stellar MLS. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: OFFERMATE REAL ESTATE