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1569 7th Street
SARASOTA, FL 34236-4101

  • Price$2,516,000
  • Beds2
  • Baths1
  • SQ. Feet860
  • Acres0.13
  • Built1925

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.

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Essential Information
  • MLS® #A4625551
  • Price$2,516,000
  • Bedrooms2
  • Bathrooms1.00
  • Full Baths1
  • Square Footage860
  • Acres0.13
  • Year Built1925
  • TypeResidential
  • Sub-TypeSingle Family Residence
  • StyleBungalow, Elevated, Florida, Other, Ranch
  • StatusActive
Amenities
  • ParkingCurb Parking, Deeded, Driveway, Golf Cart Parking, Ground Level, Guest, On Street, Other, Oversized, Reserved, RV Parking, Tandem
  • ViewGarden, Park/Greenbelt, Trees/Woods
Exterior
  • Exterior FeaturesBalcony, Dog Run, French Doors, Garden, Lighting, Other, Private Entrance, Private Mailbox, Private Yard, RV Hookup, Sidewalk
  • Lot DescriptionCul-De-Sac, Greenbelt, City Lot, Landscaped, Level, Near Golf Course, Near Public Transit, Oversized Lot, Private, Sidewalk
  • RoofMetal, Other, Shingle
  • FoundationBlock, Concrete Perimeter, Crawlspace, Other, Pillar/Post/Pier, Stilt/On Piling
Additional Information
  • Days on Market654
  • ZoningDTE
Community Information
  • Address1569 7th Street
  • AreaSarasota
  • SubdivisionHALLS SUB JAMES S
  • CitySARASOTA
  • CountySarasota
  • StateFL
  • Zip Code34236-4101
Interior
  • Interior FeaturesCathedral Ceiling(s), Ceiling Fan(s), Eating Space 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
  • AppliancesCooktop, Dishwasher, Dryer, Electric Water Heater, Exhaust Fan, Microwave, Other, Range, Range Hood, Refrigerator, Washer
  • HeatingElectric, Heat Pump, Other
  • CoolingCentral Air, Other, Zoned
  • FireplaceYes
  • FireplacesFamily Room, Living Room, Masonry
  • # of Stories1
School Information
  • ElementaryEmma E. Booker Elementary
  • MiddleBooker Middle
  • HighBooker High

Price Change History for 1569 7th Street, SARASOTA, FL (MLS® #A4625551)

Date Details Price Change
Price Reduced $2,516,000 $184,000 (6.81%)
Price Reduced (from $3,099,000) $2,700,000 $399,000 (12.88%)