1569 7TH ST, SARASOTA, FL, 34236
$2,516,000
Residential
|
Bedrooms
2
|
Bathrooms
1
|
Living Area
860 Sqft
|
Lot Size
5,806 Sqft
|
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.
Property Details
| Property Features | Property Features | |||
|---|---|---|---|---|
| MLS ID: | MFRA4625551 | Year Built: | 1925 | |
| Appliances: | Cooktop, Dishwasher, Dryer, Electric Water Heater, Exhaust Fan, Microwave, Other, Range, Range Hood, Refrigerator, Washer | Architectural Style: | Bungalow, Elevated, Florida, Other, Ranch | |
| Basement: | Crawl Space, Other | Community Features: | Street Lights | |
| Construction Materials: | Block, Brick, Other, Frame, Wood Siding | Cooling: | Central Air, Other, Zoned | |
| Country: | US | County Or Parish: | Sarasota | |
| Direction Faces: | South | Exterior Features: | Balcony, Dog Run, French Doors, Garden, Lighting, Other, Private Entrance, Private Mailbox, Private Yard, RV Hookup, Sidewalk | |
| Fencing: | Board, Fenced, Other, Wood | Fireplace Features: | Family Room, Living Room, Masonry | |
| Flooring: | Other, Vinyl, Wood | Foundation Details: | Block, Concrete Perimeter, Crawlspace, Other, Pillar/Post/Pier, Stilt/On Piling | |
| Furnished: | Unfurnished | Heating: | Electric, Heat Pump, Other | |
| Laundry Features: | Other | Levels: | One | |
| Listing Agreement: | Exclusive Agency | Listing Terms: | Cash, Conventional | |
| Lot Features: | Cul-De-Sac, Greenbelt, City Limits, Landscaped, Level, Near Golf Course, Near Public Transit, Oversized Lot, Private, Sidewalk, Paved | Occupant Type: | Tenant | |
| Other Equipment: | Private Entrance, Private Yard, RV Hookup | Other Structures: | Other | |
| Parking Features: | Curb Parking, Deeded, Driveway, Golf Cart Parking, Ground Level, Guest, On Street, Other, Oversized, Reserved, RV Access/Parking, Tandem | Patio And Porch Features: | Covered, Front Porch, Other, Porch, Rear Porch, Screened | |
| Pets Allowed: | Cats OK, Dogs OK, Number Limit, Yes | Property Condition: | Completed | |
| Property Sub Type: | Single Family Residence | Property Type: | Residential | |
| Road Responsibility: | Public Maintained Road | Road Surface Type: | Asphalt, Dirt, Gravel, Other | |
| Roof: | Metal, Other, Shingle | Security Features: | Smoke Detector(s) | |
| Sewer: | Public Sewer, Other | Showing Requirements: | 24 Hour Notice, Appointment Only, ShowingTime | |
| Special Listing Conditions: | None | Standard Status: | Active | |
| State Or Province: | FL | Utilities: | Cable Connected, Electricity Connected, Fiber Optics, Fire Hydrant, Other, Public, Sewer Connected, Water Connected | |
| Vegetation: | Mature Landscaping, Oak Trees, Trees/Landscaped | View: | Garden, Park/Greenbelt, Trees/Woods | |
| Water Source: | None | Window Features: | Blinds, Wood Frames | |
| Rooms | Rooms | |||
|---|---|---|---|---|
| Living Room: | 12x15 ft | Kitchen: | 10x13 ft | |
| Primary Bedroom: | 12x12 ft | |||
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