NOT LISTED FOR SALE

1119 Crescent St Unit 1119/1121 Sarasota, FL 34242

Estimated Value: $1,283,000 - $1,384,000

4 Beds
4 Baths
1,785 Sq Ft
$746/Sq Ft Est. Value

Last Sold February 10, 2023

Last sale price $1,335,000 $748 Per Sq Ft

Current estimated payment $8,166/month

15 Days on Market

Highlights

  • In Ground Pool
  • No HOA
  • Family Room Off Kitchen
  • Phillippi Shores Elementary School Rated A
  • Covered Patio or Porch
  • Shades

About This Home

As of February 2023

Do not miss the opportunity to own this Income Producing, updated, adorable duplex that is steps to Siesta Key Beach and is legally zoned for Daily Rentals! From the minute you arrive, you will feel at one with the beach, each unit is decorated with soft hues, comfortable furniture, tropical décor and easy maintenance flooring throughout for ease. Each 893-sf unit is a true 2 bed/2 bath with full eat in kitchens, private relaxing patios, each has a full laundry room and each unit shares a heated pool! Master bedrooms are fitted with private baths and large walk-in closets. Crescent Street is known for having the cutest beach cottages, and this property fits the bill. The pool area is fenced and offers chairs for lounging and a grill to host cook outs for family and guests. The lush tropical foliage makes this a true haven of relaxation. There are 4 assigned parking spots in front of duplex. What else could you want; you can use this for overflow of family or purchase to use as income. Currently being managed by a local vacation rental company, this property being sold Turnkey furnished with future bookings in place and a strong rental history. This property is located close to shopping, dining, the trolley stops, Siesta Key Village and more!

Last Agent to Sell the Property

Kristina Waskom

MICHAEL SAUNDERS & COMPANY License #3053404 Listed on: 12/30/2022

MICHAEL SAUNDERS & COMPANY

Last Buyer's Agent

Stacy Hanan

MICHAEL SAUNDERS & COMPANY License #3121519

MICHAEL SAUNDERS & COMPANY

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,429

Year Built

  • Built in 1968

Lot Details

  • 7,500 Sq Ft Lot
  • Lot Dimensions are 60x125

Home Design

  • Duplex
  • Turnkey
  • Slab Foundation
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,785 Sq Ft Home
  • Ceiling Fan
  • Shades
  • Sliding Doors
  • Family Room Off Kitchen
  • Storage Room

Kitchen

  • Range
  • Microwave
  • Dishwasher

Flooring

  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • 4 Bathrooms

Laundry

  • Laundry Room
  • Laundry Located Outside
  • Dryer
  • Washer

Outdoor Features

  • In Ground Pool
  • Covered Patio or Porch
  • Outdoor Storage
  • Outdoor Grill

Schools

  • Phillippi Shores Elementary School
  • Brookside Middle School
  • Sarasota High School

Additional Features

  • Flood Zone Lot
  • Central Heating and Cooling System

Listing and Financial Details

Community Details

Overview

  • No Home Owners Association
  • 2,720 Sq Ft Building
  • Point Of Rocks Terrace Community
  • Point O Rocks Terrace Add Subdivision

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,429

Year Built

Built in 1968

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 1785
  • Lot Size Acres: 0.17
  • New Construction: No
  • Year Built: 1968
  • Building Area Total: 2720
  • Lot Size Sq Ft: 7500
  • Directions to Property: MIDNIGHT PASS ROAD SOUTH TO RIGHT ON CRESCENT ST. BUILDING ON THE LEFT
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4555716?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4555716?w=Customer
  • Unit Count: 2
  • Total Acreage: 0 to less than 1/4
  • Unit Number Y N: No
  • Call Center Phone Number: 941-308-7777
  • Ratio: Close Price\List Price: 0.78761
  • Price per Sq Ft: 747.9
  • Close to Original List Price Ratio: 0.78761
  • Ratio: Current Price\Building Area Total: 490.81
  • View: No
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2021
  • Special Features: None

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Ceramic Tile, Vinyl
  • Interior Amenities: Ceiling Fans(s), Kitchen/Family Room Combo, Walk-In Closet(s)
  • Appliances Included: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 4
  • Levels: One
  • Spa Yn: No
  • Window Features: Shades
  • Street Number Modifier: 1119
  • Additional Rooms: Storage Rooms
  • Number Of Buildings: 1
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Pool Features: In Ground
  • Exterior Features: Outdoor Grill, Sidewalk, Sliding Doors, Storage
  • Roof: Other
  • Pool Private: Yes
  • Waterfront: No
  • Patio and Porch Features: Covered
  • Road Surface Type: Other
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No
  • Disclosures: Lead Paint, Seller Property Disclosure

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No
  • Open Parking: No

Utilities

  • Utilities: Public
  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: Laundry Room, Outside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Association Approval Required YN: No

Schools

  • Elementary School: Phillippi Shores Elementary
  • High School: Sarasota High
  • Middle Or Junior School: Brookside Middle

Lot Info

  • Zoning: RMF1
  • Parcel Number: 0108170026
  • Additional Parcels: No
  • Lot Features: FloodZone
  • Lot Dimensions: 60x125
  • Property Attached Yn: No
  • Flood Zone Code: AE
  • Flood Zone Date: 2016-11-04
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Furnished: Turnkey
  • Pets Allowed: Yes
  • Minimum Lease: 1-7 Days
  • Pet Restrictions: See sarasota county rules and regs

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 9429
  • Tax Book Number: 6-7
  • Tax Lot: 19

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 30, 2022
Closed on
Feb 9, 2023
Sold by
Sk-Lmc Llc
Bought by
King Jax Fl Llc
Seller's Agent
Kristina Waskom
MICHAEL SAUNDERS & COMPANY
Buyer's Agent
Stacy Hanan
MICHAEL SAUNDERS & COMPANY
List Price
$1,695,000
Sold Price
$1,335,000
Premium/Discount to List
-$360,000
-21.24%
Views
26
Current Estimated Value
$1,331,047

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$3,953
Avg. Annual Appreciation
2.28%

Purchase Details

Closed on
Dec 11, 2018
Sold by
Wolff Deon J and Wolff Amy J
Bought by
Sk Lmc Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
4.9%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 17, 2014
Sold by
Upscale Vacation Rentals Llc
Bought by
Wolff Deon J and Wolff Amy J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$420,000
Interest Rate
4.44%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 9, 2012
Sold by
Burmah Smith Flp Ltd
Bought by
Upscale Vacation Rentals Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,000
Interest Rate
3.43%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Oct 2, 2006
Sold by
Smith Kirby and Smith Burmah
Bought by
Burmah Smith Flp Ltd

Purchase Details

Closed on
Jul 11, 2005
Sold by
Smith Kirby
Bought by
Smith Kirby and Smith Burmah
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
King Jax Fl Llc $1,335,000 --
Sk Lmc Llc $872,500 Attorney
Wolff Deon J $600,000 Riddelltitle & Escrow Llc
Upscale Vacation Rentals Llc $359,000 Attorney
Burmah Smith Flp Ltd -- Attorney
Smith Kirby -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sk Lmc Llc $500,000
Previous Owner Wolff Deon J $420,000
Previous Owner Upscale Vacation Rentals Llc $144,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/10/2023 02/10/23 Sold $1,335,000 -21.2% $748 / Sq Ft
01/15/2023 01/15/23 Pending -- -- --
12/30/2022 12/30/22 For Sale $1,695,000 -- $950 / Sq Ft
Source: Stellar MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $13,639 $1,242,700 $862,500 $380,200
2023 $13,639 $1,303,700 $922,500 $381,200
2022 $11,745 $1,052,300 $725,000 $327,300
2021 $9,429 $713,300 $453,800 $259,500
2020 $9,367 $695,000 $509,300 $185,700
2019 $8,936 $668,200 $472,500 $195,700
2018 $7,982 $594,200 $427,500 $166,700
2017 $8,221 $599,192 $0 $0
2016 $8,140 $615,300 $461,300 $154,000
2015 $7,151 $495,200 $331,800 $163,400
2014 $5,247 $318,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Kristina Waskom

    Seller's Agent in 2023

    Kristina Waskom

    Michael Saunders

    (941) 266-8658

    22 in this area

    61 Total Sales

    Kristina Waskom
    Section Image
  • Stacy Hanan

    Buyer's Agent in 2023

    Stacy Hanan

    Michael Saunders

    (941) 266-0529

    14 in this area

    116 Total Sales

    Stacy Hanan
    Section Image
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Map

Source: Stellar MLS

MLS Number: A4555716

Stellar MLS

APN: 0108-17-0026

Florida Sarasota County Sarasota 34242

1119 Crescent St Unit 1119/1121, Sarasota, FL

This home is located at 1119 Crescent St Unit 1119/1121, Sarasota, FL 34242 since 30 December 2022 and is currently estimated at $1,331,047, approximately $745 per square foot. This property was built in 1968. 1119 Crescent St Unit 1119/1121 is a home located in Sarasota County with nearby schools including Phillippi Shores Elementary School, Brookside Middle School, and Sarasota High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Stellar MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.



Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393

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