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$4,950,000

  • For Sale
  • Active
  • Lots/Land
  • 0.53 Acres
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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.

Full Property Details for 1122 Crescent St

General

  • Price: $4,950,000
  • Taxes: $20,680 (2025)
  • Status: Active
  • Type: Lots/Land
  • Source: MidFloridaRegionalMLS
  • MLS ID: A4694114
  • Updated: 5/22/2026
  • Added to Site: 38 day(s) ago

Location

  • Area: 34242 - Sarasota/Crescent Beach/Siesta Key
  • County: Sarasota
  • Development Name: 34242 - Sarasota/Crescent Beach/Siesta Key
  • Subdivision: POINT OF ROCKS TERRACE ADD
  • Driving 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
  • Direction Faces: North

School Information

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

Community

  • Community Name: 34242 - Sarasota/Crescent Beach/Siesta Key

Utilities

  • Sewer: Public Sewer
  • Water: Public
  • Utility Description: Public, Water Connected

Structural Information

  • Current Bldg. Use: Residential

Lot Features

  • Lot Size (Acres): 0.53
  • Lot Size (Sq. Ft.): 23,086
  • Lot Size: 23086
  • Lot Dimensions: 138 x 117 x 42 x 233 x 125
  • Street/Road Desc.: Asphalt

Water Features

  • Water Front: Yes
  • Water Front Desc.: Lagoon

Financial Considerations

  • Price Per Acre: $9,339,623
  • Tax Amount: $20,680
  • Tax Year: 2025

Disclosures and Reports

  • Ownership: Fee Simple
  • Special Conditions: None
  • Legal Description: LOT 6 POINT OF ROCKS TERRACE ADD
  • Flood Zone Info: AE
  • APN: 108170008
  • Property ID: 108170008

Listed by Kona Realty

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Listing agents

— 1122 Crescent St —

  • Kona Realty

  • Kona Realty

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 1122 Crescent St

School District:Sarasota County School District
NameGradesDistance
Phillippi Shores Elementary School
4747 South Tamiami Trail, Sarasota, FL 34231
PK-52.7 mi
Brookside Middle School
3636 South Shade Avenue, Sarasota, FL 34239
6-83.8 mi
Sarasota High School
2155 Bahia Vista Street, Sarasota, FL 34239
9-125.4 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 1122 Crescent St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
5/22/2026
Listed
$4,950,000
191.18%
MLS
8/02/2022
Sold
$1,700,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 1122 Crescent St

Year
Property Taxes
Change
Tax Assessment
Change
2025
$20,680
-9%
$1,786,300
-11%
2024
$22,663
21%
$2,002,800
35%
2023
$18,797
12%
$1,486,300
3%
2022
$16,845
17%
$1,442,200
36%
2021
$14,372
—
$1,062,600
-3%
2021
$14,372
16%
$1,094,000
23%
2019
$12,380
9%
$889,004
10%
2018
$11,347
4%
$808,185
2%
2017
$10,932
10%
$796,200
10%
2016
$9,968
4%
$721,800
19%
2015
$9,574
13%
$607,202
10%
2014
$8,457
7%
$552,002
10%
2013
$7,887
—
$501,820
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Listed by Kona Realty

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1122 Crescent Street, Sarasota, FL 34242 (MLS# A4694114) is a Lots/Land property with a lot size of 0.53 acres. 1122 Crescent Street is currently listed for $4,950,000 and was received on May 22, 2026. Want to learn more about 1122 Crescent Street? Do you have questions about finding other Lots/Land real estate for sale in Sarasota? You can browse all Sarasota real estate or contact a Coldwell Banker agent to request more information.

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