Sarasota's Premier Homes

1555 7TH STREET

SARASOTA, FL 34236

MLS#: A4699070

$2,529,000

Status: Active
Listing number: A4699070
Listing provided by: RE/MAX ALLIANCE GROUP
Listing agent phone: None
Last update: 13 hours ago
New on site 1 day ago
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HALLS SUB JAMES S - Residential Income

Property

Beds

None

Full Baths

None

1/2 Baths

None

Year Built

1926

Sq.Footage

905

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.

Features & Amenities

Interior

  • Other Interior Features

    High Ceilings, Open Floorplan, Other, Vaulted Ceiling(s)

  • Total Bedrooms

    N/A

  • Bathrooms

    N/A

  • Cooling YN

    YES

  • Cooling

    Central Air, Other, Zoned

  • Fireplace YN

    NO

  • Heating YN

    YES

  • Heating

    Electric, Heat Pump, Other, Zoned

  • Pet friendly

    Cats OK, Dogs OK, Number Limit, Size Limit

Exterior

  • Garage

    No

  • Construction Materials

    Block, Brick, Concrete, Other, Frame, Wood Siding

  • Other Exterior Features

    Garden, Other, Private Entrance, Private Yard, Storage

  • Parking

    Assigned, Boat, Deeded, Driveway, Guest, Off Street, On Street, Open, Other, Oversized, Parking Pad, RV Access/Parking, Tandem

  • Patio and Porch Features

    Covered, Deck, Front Porch, Other, Screened

  • Pool

    Yes

  • Pool Features

    Other

  • Waterfront YN

    NO

  • View

    City, Garden, Park/Greenbelt, Trees/Woods

Area & Lot

  • Lot Features

    Cul-De-Sac, Greenbelt, Landscaped, Level, Near Golf Course, Near Public Transit, Paved

  • Lot Size(acres)

    0.14

  • Lot Size(square feet)

    5,942

  • Property Type

    Residential Income

  • Property Sub Type

    Quadruplex

Price

  • Sales Price

    $2,529,000

  • Tax Amount

    $5,845.96

  • Sq. Footage

    905

  • Price/SqFt

    $2,794

HOA

  • Association

    No

School District

  • Elementary School

    Alta Vista Elementary

  • Middle School

    Booker Middle

  • High School

    Booker High

Property Features

  • New Construction

    NO

  • Foundation Details

    Other

  • Ownership

    Fee Simple

  • Senior Community YN

    NO

  • Sewer

    Public Sewer

  • Tax Lot

    7

  • Water Source

    Public

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Location

County

Sarasota

Elementary School

Alta Vista Elementary

Middle School

Booker Middle

High School

Booker High

Listing Courtesy of Robert T Anderson , RE/MAX ALLIANCE GROUP

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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.

1555 7TH STREET

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