Price Reduced 18.81%
Price History
$3,099,000
10/5/2024
$2,700,000
12/11/2025
$2,516,000
7/8/2026
1569 7TH STREET, Sarasota, FL, 34236
3 rooms
2 beds
1 Full baths
1925
Bungalow, Elevated, Florida, Other, Ranch
860 sqft
SARASOTA ~ CITY OF SARASOTA ~ ROSEMARY DISTRICT ~ DOWNTOWN LIVING AND / OR INVESTMENT, WITH UPSIDE DEVELOPMENT OPPORTUNITIES! - WE ARE SELLING 4 CONTIGUOUS PROPERTIES WITH FOUR RENTAL HOMES ON AN ESTIMATED 23K SF +/- LAND!!!! Come and explore this unique opportunity to own and operate four contiguous properties with homes within the much sought after City of Sarasota "Rosemary District". The current rent roll is estimated at $100K +/-, all the current homes (4) are rented on an annual basis. The zoning does allow for short term weekly rentals, come and set up your own short term rental compound with estimated average daily rates @ $50.00 - $100.00 +/. Want another reason to look, owner will consider "owner financing" and/or selling off less then all four homes. There are just not many opportunities in the City of Sarasota to secure rezoned lands with the ability to use the current as-is property to secure carry income while waiting for the right timing to develop. The upside development in the Rosemary Zoning District: up to 7-stories with up to 30+ units. Property is very easy to show, sign is on site! NOTE: another contiguous parcel - rental home available for discussion.
Status:
Active
Type:
Single-family residential
Furnished Remarks:
Unfurnished
Laundry Remarks:
Other
Subdivision:
HALLS SUB JAMES S
Garage:
Curb Parking, Deeded, Driveway, Golf Cart Parking, Ground Level, Guest, On Street, Other, Oversized, Reserved, RV Parking, Tandem
Heating:
Electric, Heat Pump, Other
Cooling:
Central Air, Other, Zoned
Levels:
1
Lot Size:
150 x 157.03
Acreage:
0.13
Est. Taxes:
$5,080
Construction
Block, Brick, Other, Wood Frame, Wood Siding
Utilities
Cable Connected, Electricity Connected, Fiber Optics, Fire Hydrant, Other, Public, Sewer Connected, Street Lights, Water Connected
Lot Description:
Cul-De-Sac, Greenbelt, City Lot, Landscaped, Level, Near Golf Course, Near Public Transit, Oversized Lot, Private, Sidewalk
View Description:
Garden, Park/Greenbelt, Trees/Woods
Elementary School:
Emma E. Booker Elementary
Middle School:
Booker Middle
High School:
Booker High
Days on Market:
614
Elevator:
N
Pet Policy:
Cats OK, Dogs OK, Number Limit, Yes
Appliances:
Cooktop, Dishwasher, Dryer, Electric Water Heater, Exhaust Fan, Microwave, Other, Range, Range Hood, Refrigerator, Washer
Min Lease Term:
1-7 Days
MLS #:
A4625551
Community Info
School Info
Walk Score
Yelp
Similar Properties
New or Coming Soon Properties
Listing courtesy of RE/MAX ALLIANCE GROUP 941-954-5454