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1122 CRESCENT STREET

Lots/Land For Sale
$4,950,000

BTC: 77.11528392

ETH: 2,807.80968155

31 days
Waterfront
0 room(s)

Overview

Rare developer opportunity on Siesta Key. This vacant parcel, zoned RMF-1 (Residential Multi-Family), sits on two lots totaling approximately 23,206 sq ft and comes with two professionally designed build options. Option one allows one single-family home and one duplex, each with private pools, covered outdoor living, and 3-car or 4-car garages. Option two features a stunning 3-story boutique condo complex with a resort-style courtyard pool, private cabanas, spacious balconies, and lush tropical landscaping. Additional information and architectural plans for both options are available upon request, please contact the Listing Agent. Located in the sought-after Point of Rocks Terrace neighborhood, just minutes from world-famous Siesta Key Beach — consistently ranked among the best beaches in the country. This is a rare chance to build on one of Florida's most coveted barrier islands.

Location

Details

Type:
Land
Parking:
No Data
Year Built:
No Data
Lot:
0.53 Acres
Heating:
No Data
Price/sqft:
No Data
Cooling:
No Data
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$927,047
$685K – $4.4M
Confidence Low
List vs. estimate
$4.0M above estimate
List $4,950,000 · +434.0%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Based on
8 MLS comparables
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$20,680
2025
Waterfront
Lagoon
Pets
Allowed
All facts and features
  • Lot

    • Lot: 0.53 Acres

    Other Property Information

    • Parcel Number: 0108170008

    • Zoning: RMF1

  • Type and style

    • Property Type: Land

  • Utility

    • Public

    • Water Connected

  • Other financial information

    • Annual tax amount: $20,680

  • Source details

    • MLS ID: A4694114

    Other facts

    • Lot Features: Greenbelt / Level

    • Direction Faces: North

    • Waterfront: Yes

    • Water Source: Public

    • Lot Size Dimensions: 138 x 117 x 42 x 233 x 125

    • Subdivision Name: POINT OF ROCKS TERRACE ADD

Private inquiry
Talk to the advisor on this listing.
Floor plans, HOA docs, off-market comparables, scheduling a private showing — one message, direct to the local specialist.

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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 ©2026-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: KONA REALTY