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
Price:
$4,950,000
MLS #:
A4694114
Status:
Active
Beds:
0
Baths:
0
Type:
Land
Subdivision:
POINT OF ROCKS TERRACE ADD
Neighborhood:
34242sarasotacrescentbeachsiestakey
Listed Date:
May 22, 2026
Lot Size:
23,086 sqft / 0.53 acres (approx)
See this Listing
Schools
Elementary School:
Phillippi Shores Elementary
Middle School:
Brookside Middle
High School:
Sarasota High
Interior
Exterior
Direction Faces
North
Lot Features
Greenbelt, Level
Waterfront Features
Lagoon
Financial
Tax Year
2025
Taxes
$20,680
Map
Community
- Address1122 CRESCENT STREET SARASOTA FL
- SubdivisionPOINT OF ROCKS TERRACE ADD
- CitySARASOTA
- CountySarasota
- Zip Code34242
Market Summary
Property Summary
- Located in the POINT OF ROCKS TERRACE ADD subdivision, 1122 CRESCENT STREET SARASOTA FL is a Land for sale in SARASOTA, FL, 34242. It is listed for $4,950,000 and features 1 acres. To schedule a showing of MLS#a4694114 at 1122 CRESCENT STREET in SARASOTA, FL, contact your InvestPro Properties, Inc. agent at 561-203-7022.
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Courtesy of KONA REALTY. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the Orlando/Tampa – FL. Detailed information about real estate listings held by brokerage firms other than InvestPro Properties, Inc. include the name of the listing broker. Neither the listing company nor InvestPro Properties, Inc. shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2026. Orlando/Tampa – FL. All rights reserved. 1122 CRESCENT STREET
SARASOTA, FL
