Description
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 Type
LandCounty
SarasotaStyle
LandAD ID
47575798
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Property Details
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Interior Features
Heating & Cooling
- WaterSource: Public
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Property / Lot Details
Lot Information
- Lot Dimensions: 70' x 124.6'
- Lot Description: Near Public Transit, Paved
- Lot Square Feet: 8722
- Lot Acres: 0.2
Property Information
- Property Type: Land
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Listing Information
Listing Price Information
- Original List Price: $1299900
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Taxes / Assessments
Tax Information
- Annual Tax: $6256.95
- Tax Year: 2023
- Parcel Number: 0108170006
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School, Utilities &Location Details
School Information
- Elementary School: Phillippi Shores Elementary
- Junior High School: Brookside Middle
- Senior High School: Sarasota High
Utility Information
- Cable Available, Cable Connected, Electricity Available, Fire Hydrant, Public
Location Information
- Subdivision: POINT OF ROCKS TERRACE ADD
- City: SARASOTA
- Direction: From Midnight Pass Rd turn onto Crescent St, the property will be on your left side.
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BuyOwner last updated this listing Thu Nov 14 2024
- MLS: MFRA4628101
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: MFRMLS (My Florida Regional MLS DBA Stellar MLS)
is a Land, with 0 bedrooms which is for sale, it has 8,722 sqft, 0 sized lot, and 0 parking. A comparable Land, has bedrooms and baths, it was built in and is located at and for sale by its owner at . This home is located in the city of SARASOTA , in zip code 34242, this Sarasota County Land and are nearby neighborhoods.