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Active Land

1122 CRESCENT STREET

Sarasota, FL 34242

STELLAR #A4694114 Updated: May 22, 2026, 11:08pm
$4,950,000
0 Beds • 0 Baths • 0 SqFt
Property
ActiveLand
1/4
$4,950,000

1122 CRESCENT STREET

Sarasota, FL 34242
0
Beds
0
Baths
0
SqFt
0.53
Acres
STELLAR
#A4694114
Updated: May 22, 2026, 11:08pm

Property Description

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.

Property Details

Highlights
Waterfront
Yes
Construction
Building Area Units
Square Feet
Direction Faces
North
Living Area Units
Square Feet
Site & Exterior
Current Use
Residential
Flood Zone Code
AE
I D X Participation
Yes
Lot Features
GreenbeltLevel
Lot Size Acres
0.53
Lot Size Area
23086
Lot Size Dimensions
138 x 117 x 42 x 233 x 125
Lot Size Square Feet
23086
Lot Size Units
Square Feet
Public Survey Range
18E
Public Survey Section
19
Road Surface Type
Asphalt
Sewer
Public Sewer
Total Acreage
1/2 to less than 1
Utilities
PublicWater Connected
Water Source
Public
Waterfront
Yes
Waterfront Features
Lagoon
Waterfront Feet Total
158
Zoning
RMF1
Financials
Calculated List Price By Calculated Sq Ft
214.42
Contract Status Change Date
2026-05-22
Current Price
4950000
Feed Types
BBO
Owner Name
ON RECORD
Ownership
Fee Simple
Parcel Number
0108170008
Price Per Acre
9339623
Public Survey Township
37S
Tax Annual Amount
20680
Tax Book Number
6-7
Tax Legal Description
LOT 6 POINT OF ROCKS TERRACE ADD
Tax Lot
6
Tax Year
2025

Neighborhood & Lifestyle

Community & Association
M L S Area Major
34242 - Sarasota/Crescent Beach/Siesta Key
Pets Allowed
Yes
S W Subdiv Community Name
Point Of Rocks Terrace
Subdivision Name
POINT OF ROCKS TERRACE ADD
Schools
Ratings
Elementary
Phillippi Shores Elementary
Middle
Brookside Middle
High
Sarasota High
Listing provided courtesy of STELLAR via IDX. Updated: May 22, 2026, 11:08pm.
Vlado Konatar

Listing Agent

KONA REALTY

Call Agent
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