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$1,299,900
$1,299,900
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For Details, Contact
Sea Glass Florida Properties

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!

Property Highlights

  • Property Type: Multi Family, Duplex
  • MLS #: A4628096

General Information

Area 34242 - Sarasota/Crescent Beach/Siesta Key
Carport Yes
Carport Spaces 1
Elementary School Phillippi Shores Elementary
High School Sarasota High
Middle School Brookside Middle
Number of Units Total 2
Property Condition Fixer
Property Subtype Residential Income
Property Type Duplex
Subdivision Point Of Rocks Terrace Add
Taxes $6,256
Utilities Cable Available, Cable Connected, Electricity Available, Electricity Connected, Sewer Connected

Room Information

Flooring Terrazzo
Laundry Inside

Property Features

Construction Materials Block
Cooling Central Air
Has View Yes
Heating Central
Interior Square Footage 1,174
Lot Size Acres 0.2
Lot Size Square Feet 8,722
Patio Features Covered, Front Porch, Patio, Porch, Screened
Roof Membrane, Other
Sewer Public Sewer
Stories One
Water Source Public
$1,299,900
$1,299,900
price
For Details, Contact
Sea Glass Florida Properties
Location
1132 Crescent Street, Sarasota, FL 34242 Driving Directions
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Listed by Anita Darvai Seaton, Offermate Real Estate.
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