1569 7th Street, Sarasota, FL 34236

$2,516,000
2
BD
1
BA
860
SqFt

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List Price
$2,516,000
Status
Active
Days on Market
660
Price Change
▼ $184,000 1783555438
MLS#
A4625551
Property Style
Single Family
Architectural Style
Bungalow, Elevated, Florida, Other, Ranch
Year Built
1925
Bedrooms
2
Bathrooms
1
Living Area
860
Lot Size
5,806
Acres
0.13
Total Acreage
1/2 to less than 1
Legal Subdivision Name
Halls Sub James S
Community Name
Halls Sub James S
MLS Area Major
Sarasota

Property Description

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.

Additional Information

Taxes
$5079
Minimum Lease
1-7 Days
Location
Cul-De-Sac, Greenbelt, City Limits, Landscaped, Level, Near Golf Course, Near Public Transit, Oversized Lot, Private, Sidewalk, Paved
Community Features
Street Lights, No Deed Restriction
Property Description
One Story, Attached
Zoning
DTE
Interior Layout
Cathedral Ceiling(s), Ceiling Fans(s), Eat-in Kitchen, High Ceilings, Kitchen/Family Room Combo, Living Room/Dining Room Combo, Open Floorplan, Other, Primary Bedroom Main Floor, Solid Surface Counters, Split Bedroom, Thermostat, Window Treatments
Interior Features
Cathedral Ceiling(s), Ceiling Fans(s), Eat-in Kitchen, High Ceilings, Kitchen/Family Room Combo, Living Room/Dining Room Combo, Open Floorplan, Other, Primary Bedroom Main Floor, Solid Surface Counters, Split Bedroom, Thermostat, Window Treatments
Floor
Other, Vinyl, Wood
Appliances
Cooktop, Dishwasher, Dryer, Electric Water Heater, Exhaust Fan, Microwave, Other, Range, Range Hood, Refrigerator, Washer
Utilities
Cable Connected, Electricity Connected, Fiber Optics, Fire Hydrant, Other, Public, Sewer Connected, Water Connected
Heating
Electric, Heat Pump, Other
Air Conditioning
Central Air, Other, Zoned
Fireplace Description
Family Room, Living Room, Masonry
Exterior Construction
Block, Brick, Other, Frame, Wood Siding
Exterior Features
Balcony, Dog Run, French Doors, Garden, Lighting, Other, Private Entrance, Private Mailbox, Private Yard, RV Hookup, Sidewalk
Roof
Metal, Other, Shingle
Foundation
Block, Concrete Perimeter, Crawlspace, Other, Pillar/Post/Pier, Stilt/On Piling
Pool
No Pool
Garage Features
Curb Parking, Deeded, Driveway, Golf Cart Parking, Ground Level, Guest, On Street, Other, Oversized, Reserved, RV Access/Parking, Tandem
Elementary School
Emma E. Booker Elementary
Middle School
Booker Middle
High School
Booker High
Fences
Board, Fenced, Other, Wood
Water Name
Sarasota Bayfront
Pets
Allowed
Max Pet Weight
110
Pet Size
Extra Large (101+ Lbs.)
Flood Zone Code
X
Parcel ID
2026060007
Legal Description
N 72 FT OF FOLLOWING DESCRIBED PROPERTY, LOT 5 & E 30 FT OF LOT 6 BLK A HALL SUB

Listing courtesy of RE/MAX ALLIANCE GROUP. 941-954-5454

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