Multi-Family Land Development
For Sale
$4,950,000
1122 CRESCENT, Sarasota, FL 34242
Vacant RMF-1 zoned parcel with two build concepts and available architectural plans, minutes from Siesta Key Beach.
Property SizeContact for details
Lot Size0.53 Acres
Days on Market90
Property Features for 1122 CRESCENT
General Information
Standard status
Active
Lot size
0.53 Acres
Property subtype
Land
Zoning
RMF-1
Taxes and HOA fees
Annual Taxes
$20,680
Listing Agency:
KONA REALTY
(941) 718-8293
Listed By:
Vlado Konatar · License #3371231
(941) 718-8293
Source:
Elliman
Added: Jun 3
Changed: Aug 31
Last Checked: Aug 30 at 5:48PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of KONA REALTY
Investment Insights
Based on property information with market context.
A vacant land parcel on Siesta Key presents a rare developer opportunity with two professionally designed build options. The property is zoned RMF-1 (Residential Multi-Family) and consists of two lots totaling approximately 23,206 square feet, with architectural plans available upon request. Option one contemplates one single-family home and one duplex, each designed with private pools, covered outdoor living, and 3- or 4-car garages. Option two proposes a three-story boutique condo complex featuring a resort-style courtyard pool, private cabanas, spacious balconies, and lush tropical landscaping.
The site is located in the Point of Rocks Terrace neighborhood, just minutes from Siesta Key Beach. WalkScore and bikeScore are provided as somewhat walk/bike supportive, with the area described as car-dependent.
For developers and builders evaluating small-scale infill on Florida’s barrier islands, this parcel offers two distinct end-product concepts supported by available plans.
The site is located in the Point of Rocks Terrace neighborhood, just minutes from Siesta Key Beach. WalkScore and bikeScore are provided as somewhat walk/bike supportive, with the area described as car-dependent.
For developers and builders evaluating small-scale infill on Florida’s barrier islands, this parcel offers two distinct end-product concepts supported by available plans.
Key Highlights
- Vacant RMF‑1 (Residential Multi‑Family) parcel on Siesta Key with architectural plans available upon request
- Two‑lot site totaling approx. 23,206 sq ft
- Build Option 1: one single‑family home plus one duplex, each with private pools and covered outdoor living
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
271
Businesses Nearby
Explore this area
Business Placement
Demographics for 34242, FL
7,417
Population
10,418
Households
0.7
Avg Household Size
65
Median Age
66%
College-Educated
97%
High-School Grad
3.6 sq mi
ZIP Area
2,060
Density / Sq Mi
$122,143
Median Household Income
$75,313
Median Earnings
$2,408
Median Rent
$995,900
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential land & home lot - Vacant RMF-1 zoned parcel with two build concepts and available architectural plans, minutes from Siesta Key Beach.
Where is this residential land & home lot located?
The property is located at 1122 CRESCENT Sarasota, FL.
What is the asking price?
The asking price for this property is $4,950,000.
What are key features of this property?
This property features: Vacant RMF‑1 (Residential Multi‑Family) parcel on Siesta Key with architectural plans available upon request; Two‑lot site totaling approx. 23,206 sq ft; Build Option 1: one single‑family home plus one duplex, each with private pools and covered outdoor living
