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!
Property Details
Property Features
Listing Office:
Office Name: OFFERMATE REAL ESTATE
Listing Agent: Anita Darvai Seaton
Exterior Features
Exterior Information:
View: Pool
Lot Features
Lot Information:
Lot: Near Public Transit, Paved
Lot Size: 0.20 Acres
Other
Directions Information:
Directions: From Midnight Pass Rd turn onto Crescent St, the property will be on your left side.
Price Information
Listing Price Info
Price Summary:
List Price: $1,299,900
Tax Information:
Annual Amount: $6,117
Tax Year: 2020
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Housing Market Comparison
See how this home compares to others in Sarasota, FL.
This property is $779.1K more than the Median Sold Price in Sarasota, FL.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: MFRMLS
MLS Number: #A4628101
Listing Office:
Office Name: OFFERMATE REAL ESTATE
Listing Agent: Anita Darvai Seaton
Listings courtesy of Stellar MLS as distributed by MLS GRID.
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Copyright 2024 My Florida Regional Multiple Listing Service DBA Stellar MLS. The real estate listing data marked with this icon comes from the IDX program of the Stellar MLS system. All information provided is deemed reliable but is not guaranteed and should be independently verified. 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 exclusively 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. Properties displayed may be listed or sold by various participants in the MLS. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 11/13/2024, 10:49:49 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Listing History
DATE
EVENT
PRICE
Aug 01, 2014
Aug 01, 2014Home Sold
$450,000
Jul 25, 2011
Jul 25, 2011Home Sold
$194,000
Tax History
YEAR
PROP. TAX
ASSESSMENT
2020
$6,117
$490,677
2019
$5,924
$479,645
2018
$5,801
$470,702
2017
$5,777
$461,021
History based on county public records data.
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
6
/10
Gulf Gate Elementary School
6500 S Lockwood Ridge Rd
Distance between this listing and this school1.72 miles
Public District Grades PK-5
8
/10
Phillippi Shores Elementary School
4747 S Tamiami Trl
Distance between this listing and this school2.71 miles
Public Magnet Grades PK-5
5
/10
Wilkinson Elementary School
3400 Wilkinson Rd
Distance between this listing and this school3.55 miles
Public District Grades PK-5
Nearby Schools
7
/10
Imagine School at Palmer Ranch
6220 McIntosh Rd
Distance between this listing and this school3.27 miles
Public Charter Grades PK-8
5
/10
Brookside Middle School
3636 S Shade Ave
Distance between this listing and this school3.78 miles
Public Magnet Grades 6-8
8
/10
Sarasota Middle School
4826 Ashton Rd
Distance between this listing and this school4.20 miles
Public District Grades 6-8
Nearby Schools
5
/10
Sarasota Virtual Instruction Program
1960 Landings Blvd
Distance between this listing and this school2.31 miles
Public District Grades KG-12
6
/10
Riverview High School
1 Ram Way
Distance between this listing and this school2.63 miles
Public Magnet Grades 9-12
8
/10
Suncoast Polytechnical High School
4650 Beneva Rd
Distance between this listing and this school3.45 miles
The neighbors living near this home have an average income of $74,826. Typical income of Sarasota, FL residents is between $35k-100k annually. Residents typically live in single, no kids family. Residents of this area typically have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 1132 Crescent St
What is the listing price of this property?
The listing price of 1132 Crescent St property is $1,299,900.
What type of property is this?
The property 1132 Crescent St is land located in Sarasota, Florida, 34242.
Is this property for sale now?
Active Listing: 1132 Crescent St is For Sale (Active/New) which means the seller is accepting offers.
What is the annual property tax for this property?
According to the records, the last property tax for 2020 is $6,117 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on August 1, 2014 for $450,000. (source: MLS/tax record).
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This home is located at 1132 Crescent St in Sarasota, FL and zip code 34242 in the Siesta Key neighborhood. This home sits on a 0.20 acre lot. It has been listed on Rocket Homes since November 08, 2024 and is currently priced at $1,299,900.
Over 13 listings were sold over their listed price in October 2024 in Sarasota, FL. In the same period over 242 listings were sold below the listed price and 47 listings were sold for the listed price. The number of homes for sale in Sarasota, FL decreased by 0.8% between September 2024 and October 2024. While the average time on the market in October 2024 was 62 days, the median list price was $520,718.
From Rocket Homes Real Estate and based on county public records data.