Listing Courtesy Of:
OFFERMATE REAL ESTATE, Anita Darvai Seaton
Listing Sold By:
WHITE SANDS PARADISE REALTY
Local Realty Services Provided By:
Keller Williams on the Water - Sarasota
Overview
What It'll Cost
Neighborhood
Similar Homes
$1,125,000
1132 CRESCENT STREET, SARASOTA, FL 34242
1,174
sq ft
.2
ac
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$1,125,000
1132 CRESCENT STREET, SARASOTA, FL 34242
Estimation provided by Keller Williams Realty Inc.
1,174
sq ft
.2
ac
Closed
Sold
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 Key—don’t let this incredible opportunity pass by!
Assessed Value is a combination of the land and additions.
2023
$6,306
(+3.56%)
$527,846
No Breakdown Available
2021
$6,089
(-0.47%)
$497,546
No Breakdown Available
2020
$6,117
(+3.24%)
$490,677
No Breakdown Available
2019
$5,925
(+2.57%)
$479,645
No Breakdown Available
2017
$5,777
$461,021
No Breakdown Available
The Property History data displayed is obtained from public records and/or MLS feeds from the local jurisdiction in which the applicable property is located. As kw.com cannot guarantee that all public records and MLS data is accurate and error-free, it is important that you contact your agent directly in order to obtain the most up-to-date information available.
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