1122 CRESCENT STREET Sarasota, FL $ 4,950,000
1122 CRESCENT STREET
$ 4,950,000
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1122 CRESCENT STREET

Sarasota, FL, 34242
$ 4,950,000
Baths0.0

Monthly Estimate*

$ 30,478

1122 CRESCENT STREET, Sarasota, FL 34242 - Image 1
1122 CRESCENT STREET, Sarasota, FL 34242 - Image 2
1122 CRESCENT STREET, Sarasota, FL 34242 - Image 3
1122 CRESCENT STREET, Sarasota, FL 34242 - Image 4
Studio

Lots and Land for sale in Sarasota, FL

for $4,950,000. The lot size is 0.53.

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.

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Lots and Land Active

Price

$ 4,950,000

Bedrooms

Studio

Property Type

Lots and Land

Taxes

$ 20,680

Style

Lot Size

0.53

Town/City

Sarasota

County/Region

Sarasota

MLS | Web ID

A4694114

Features
General
Sewer Public Sewer
Utilities Public Water Connected
Zoning RMF1
Pets Allowed Yes
Tax Year 2025
Current Use Residential
Ownership Fee Simple
Waterfront Features Lagoon
County Sarasota
Property Type Land
Subdivision Name POINT OF ROCKS TERRACE ADD
Facing Direction North
Status Active
Directions From Downtown Sarasota: Head south on US-41 (Tamiami Trail) Turn right onto Stickney Point Rd (heading west toward the key) Cross the Stickney Point Bridge onto Siesta Key Turn right onto Midnight Pass Rd heading south Turn right onto Crescent St 1122 Crescent St will be on your left From I-75: Take Exit 205 for Clark Rd heading west Continue west on Clark Rd until it becomes Stickney Point Rd Cross the Stickney Point Bridge onto Siesta Key Turn right onto Midnight Pass Rd heading south Turn right onto Crescent St 1122 Crescent St will be on your left
High School Sarasota High
City SARASOTA
MLS Area 34242 - Sarasota/Crescent Beach/Siesta Key
Lot Size Units Square Feet
Lot Size Square Feet 23086
Listing Terms Cash
Elementary School Phillippi Shores Elementary
Tax Annual Amount 20680
Middle/Junior High School Brookside Middle
Additional Parcels Y/N false
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
Tax Lot 6
Legal Description LOT 6 POINT OF ROCKS TERRACE ADD
Water Access Y/N false
Water View Y/N false
Flood Zone Code AE
DockY/N false
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Interior
Total Baths 0
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Exterior
Lot Features Greenbelt Level
Water Source Public
Lot Size Area 23086
Lot Dimensions 138 x 117 x 42 x 233 x 125
Lot Size Acres 0.53
Road Surface Type Asphalt
Waterfront Y/N true
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* Excluded Features
List By
Kona Realty

Broker

vlado@konarealtyteam.com

Email

Affordability Calculator

$32,201
Per Month
95%
5%
0%
Monthly Principal & Interest
$30,478
Monthly Property Taxes
$1,723
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
0 Elementary School
0 Middle School
Sarasota High High School High School
Pricing History
DatePricePrice ChangeDescription
5/22/2026$4,950,000 Listed Price

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1122 CRESCENT STREET, Sarasota, FL, 34242 is a Lots and Land for sale at $4,950,000 with a lot size of 0.53. 1122 CRESCENT STREET is a studio with 0.0 baths. The property's zip code is 34242 which is in Sarasota, FL