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$4,950,000

1122 CRESCENT STREET, SARASOTA, FL 34242

Active125 days on market

Beds

—

Baths

0

Sq Ft

—

Year Built

—

Lot Size

0.53 acres

Garage

—

About This Property

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 Overview

Property TypeLand
MLS #A4694114
StatusActive
FacesNorth
SubdivisionPOINT OF ROCKS TERRACE ADD
CountySarasota
OwnershipFee Simple

Interior Features

Exterior & Lot

Lot Size0.53 acres (23,086 sq ft)
Lot Dimensions138 x 117 x 42 x 233 x 125
Lot FeaturesGreenbelt, Level
Road SurfaceAsphalt
0

Waterfront

WaterfrontYes
FeaturesLagoon

Utilities

WaterPublic
SewerPublic Sewer
UtilitiesPublic, Water Connected

Parking

GarageNo

HOA & Community

HOANo
Senior CommunityNo

Financial Details

List Price$4,950,000
Annual Taxes$20,680 (2025)
FinancingCash
ZoningRMF1
Parcel #0108170008

Schools

ElementaryPhillippi Shores Elementary
MiddleBrookside Middle
HighSarasota High

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

Location

1122 CRESCENT STREET, SARASOTA, FL 34242

Listing Information

OfficeKONA REALTY
ListedMay 22, 2026

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Home Price

$4,950,000

20% ($990,000)
6.75%

Loan Term

Principal & Interest$25,684
Property Tax (est.)$4,538
Insurance (est.)$150
Total Monthly$30,372
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Nearby Schools

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Listing information is deemed reliable but not guaranteed. All measurements and data should be independently verified. This information is provided by the Stellar MLS. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed. IDX information is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: September 24, 2026.

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