1555 7th Street, Sarasota, FL 34236
- $2,529,000
- 32
- BD
- 16
- BA
- 3,705
- SqFt
- List Price
- $2,529,000
- Status
- Active
- Days on Market
- 20
- MLS#
- A4699070
- Property Style
- Quadruplex
- Property Condition
- Completed
- Year Built
- 1926
- Bedrooms
- 32
- Bathrooms
- 16
- Living Area
- 3,705
- Lot Size
- 5,942
- Acres
- 0.14
- Total Acreage
- 1/2 to less than 1
- Building Name
- 1555/1551/1569/1563
- Legal Subdivision Name
- Halls Sub James S
- Complex/Comm Name
- Halls Sub James S
- Community Name
- James Street Park
- 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. NOTE: future development plans viable on request!
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Additional Information
- Taxes Annual
- $5845
- Minimum Lease
- 1 Week
- Annual Gross Income
- 116000
- Location
- Cul-De-Sac, Greenbelt, City Limits, Landscaped, Level, Near Golf Course, Near Public Transit, Sidewalk, Street Dead-End, Street One Way, Paved
- Community Features
- Dog Park, Playground, Sidewalks, Street Lights, No Deed Restriction
- Property Description
- One Story, Attached
- Zoning
- DTE
- Interior Layout
- Ceiling Fans(s), High Ceilings, Open Floorplan, Other, Primary Bedroom Main Floor, Solid Surface Counters, Solid Wood Cabinets, Thermostat, Vaulted Ceiling(s)
- Interior Features
- Ceiling Fans(s), High Ceilings, Open Floorplan, Other, Primary Bedroom Main Floor, Solid Surface Counters, Solid Wood Cabinets, Thermostat, Vaulted Ceiling(s)
- Floor
- Ceramic Tile, Other, Tile, Vinyl, Wood
- Appliances
- Cooktop, Dryer, 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, Zoned
- Air Conditioning
- Central Air, Other, Zoned
- Exterior Construction
- Block, Brick, Concrete, Other, Frame, Wood Siding
- Exterior Features
- Fence, Garden, Other, Private Entrance, Private Mailbox, Private Yard, Sidewalk, Storage
- Roof
- Metal, Other, Shingle
- Foundation
- Crawlspace, Other, Stilt/On Piling
- Pool
- No Pool
- Pool Type
- Other
- Garage Features
- Assigned, Boat, Deeded, Driveway, Ground Level, Guest, Off Street, On Street, Open, Other, Oversized, Parking Pad, Reserved, RV Access/Parking, Tandem
- Elementary School
- Alta Vista Elementary
- Middle School
- Booker Middle
- High School
- Booker High
- Pets
- Allowed
- Max Pet Weight
- 110
- Pet Size
- Extra Large (101+ Lbs.)
- Flood Zone Code
- X
- Parcel ID
- 2026060001
- Legal Description
- LOT 7 & W 20 FT OF LOT 6 LESS N 72 FT THEREOF BLK A HALL SUB
Listing courtesy of RE/MAX ALLIANCE GROUP. 941-954-5454
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