1569 7th Street, Downtown, FL 34236

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

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List Price
$2,516,000
MLS#
A4625551
Status
ACTIVE
Price Change
▼ $184,000 1783555438
Days on Market
674
Year built
1925
Bedrooms
2
Bathrooms
1
Living area
860
Area
860
Region
Sarasota
Subdivision
Halls Sub James S

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

Acres
0.13
Floors
Other, Vinyl, Wood
Interior Features
Cathedral Ceiling(s), Ceiling Fans(s), Eat-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
Cooling
Central Air, Other, Zoned
Heating
Electric, Heat Pump, Other
Exterior Features
Balcony, Dog Run, French Doors, Garden, Lighting, Other, Private Entrance, Private Mailbox, Private Yard, RV Hookup, Sidewalk
Construction
Block, Brick, Other, Frame, Wood Siding
Roof
Metal, Other, Shingle
Parking
Curb Parking, Deeded, Driveway, Golf Cart Parking, Ground Level, Guest, On Street, Other, Oversized, Reserved, RV Access/Parking, Tandem

Listing courtesy of RE/MAX ALLIANCE GROUP.

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Calculator source: Real Geeks

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