1569 7th Street, Downtown, FL 34236

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

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List Price
$2,516,000
Price Change
▼ $184,000 1783555438
MLS#
A4625551
Bedrooms
2
Bathrooms
1
Sq. Ft
860
Lot Size
5,806
Subtype
Single Family
County
Sarasota
Community
Street Lights, No Deed Restriction
Subdivision
Halls Sub James S
Year Built
1925

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

Pets Allowed
Yes
Construction
Block, Brick, Other, Frame, Wood Siding
Cooling
Central Air, Other, Zoned
Furnished
Unfurnished
Heating
Electric, Heat Pump, Other
Parking
Curb Parking, Deeded, Driveway, Golf Cart Parking, Ground Level, Guest, On Street, Other, Oversized, Reserved, RV Access/Parking, Tandem
Roof
Metal, Other, Shingle
Utilities
Cable Connected, Electricity Connected, Fiber Optics, Fire Hydrant, Other, Public, Sewer Connected, Water Connected
View
Garden, Park/Greenbelt, Trees/Woods
Stories
1
Acres
0.13
Price Per Sqft
$2,925

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

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