1569 7TH St, Sarasota, FL 34236

Beds
2
Bath
1
Sqft
860

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Listed byRE/MAX ALLIANCE GROUP
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Overview

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.

Location

Full feature list

Basic info

Property type
House
Number of stories
1
Number of bedrooms
2
Number of bathrooms
1
Square feet
860
Lot size (acres)
0.13
Year built
1925

Interior features

Basement
Yes
Laundry
Other

Exterior features

Area amenities
Golf Course

Utilities

Heating
Electric, Heat Pump, Other
Cooling
Zoned, Other, Central Air
Sewer
Public Sewer, Other
Water
Other

Taxes

Tax Annual Amount (2023)
$5,079.82

Public schools

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Sourced from: Stellar MLS MLS®#: A4625551 Last checked:

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