About 1569 7th Street
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 of 1569 7th Street
| MLS® # | A4625551 |
|---|---|
| Price | $2,516,000 |
| Bedrooms | 2 |
| Bathrooms | 1.00 |
| Full Baths | 1 |
| Square Footage | 860 |
| Acres | 0.13 |
| Year Built | 1925 |
| Type | Residential |
| Sub-Type | Single Family Residence |
| Style | Bungalow, Elevated, Florida, Other, Ranch |
| Status | Active |
| Taxes | $5,080 |
| CDD | N |
Community Information
| Address | 1569 7th Street |
|---|---|
| Area | Sarasota |
| Subdivision | HALLS SUB JAMES S |
| City | SARASOTA |
| County | Sarasota |
| State | FL |
| Zip Code | 34236-4101 |
Amenities
| Parking | Curb Parking, Deeded, Driveway, Golf Cart Parking, Ground Level, Guest, On Street, Other, Oversized, Reserved, RV Parking, Tandem |
|---|---|
| View | Garden, Park/Greenbelt, Trees/Woods |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Interior Features | Cathedral 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 |
|---|---|
| Appliances | Cooktop, Dishwasher, Dryer, Electric Water Heater, Exhaust Fan, Microwave, Other, Range, Range Hood, Refrigerator, Washer |
| Heating | Electric, Heat Pump, Other |
| Cooling | Central Air, Other, Zoned |
| Fireplace | Yes |
| Fireplaces | Family Room, Living Room, Masonry |
| # of Stories | 1 |
Exterior
| Exterior Features | Balcony, Dog Run, French Doors, Garden, Lighting, Other, Private Entrance, Private Mailbox, Private Yard, RV Hookup, Sidewalk |
|---|---|
| Lot Description | Cul-De-Sac, Greenbelt, City Lot, Landscaped, Level, Near Golf Course, Near Public Transit, Oversized Lot, Private, Sidewalk |
| Roof | Metal, Other, Shingle |
| Foundation | Block, Concrete Perimeter, Crawlspace, Other, Pillar/Post/Pier, Stilt/On Piling |
School Information
| Elementary | Emma E. Booker Elementary |
|---|---|
| Middle | Booker Middle |
| High | Booker High |
Pet Information
| Number of Pets | 2 |
|---|---|
| Size | Extra Large (101+ Lbs.) |
| Weight | 110 |
| Restrictions | Refer to Sarasota City Code - Text! |
Rental Restrictions
| Minimum Lease | 1-7 Days |
|---|
Additional Information
| Date Listed | October 5th, 2024 |
|---|---|
| Days on Market | 666 |
| Zoning | DTE |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | RE/MAX ALLIANCE GROUP |
|---|