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Active · Single Family

1569 7TH STREET

SARASOTA, FL 34236

Beds
2 beds
Baths
1 bath
Area
860 sqft
Single FamilyBuilt 19255,806 sqft lotElectric, Heat Pump, OtherCentral Air, Other, ZonedFireplace$2926/sqft686 days on market

About this home

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.

Facts & features

Interior

Bedrooms
2
Bathrooms
1
Living area
860 sqft
Heating
Electric, Heat Pump, Other
Cooling
Central Air, Other, Zoned
Flooring
Other, Vinyl, Wood
Fireplace
Yes
Stories
1
Features
Cathedral Ceiling(s), Ceiling Fans(s), Eat-in Kitchen, High Ceilings, Kitchen/Family Room Combo, Living Room/Dining Room Combo…
Appliances
Cooktop, Dishwasher, Dryer, Electric Water Heater, Exhaust Fan, Microwave…

Exterior & lot

Lot size
5,806 sqft (0.13 ac)
Roof
Metal, Other, Shingle
Construction
Block, Brick, Other, Frame, Wood Siding
Exterior
Balcony, Dog Run, French Doors, Garden, Lighting, Other…

Financial

Annual tax
$5,080 (2023)
Price / sqft
$2926/sqft

Utilities

Water
None
Sewer
Public Sewer, Other
Utilities
Cable Connected, Electricity Connected, Fiber Optics, Fire Hydrant, Other, Public…

Property

Property type
Single Family
Year built
1925
Subdivision
HALLS SUB JAMES S
County
Sarasota

Assigned schools

Elementary
Emma E. Booker Elementary
Middle
Booker Middle
High
Booker High

Listing

Status
Active
Days on market
614 days
MLS #
MFR738250848
Source
Stellar MLS

Listed by Robert T Anderson · RE/MAX ALLIANCE GROUP

Listing data provided by Stellar MLS. Information deemed reliable but not guaranteed.

Estimate your monthly cost

PITI + HOA
Estimated monthly payment$13,145/mo
Principal & interest
$12,722/mo
Property tax
$423/mo
Home insurance
Left out until you enter a quote

Opens at 20% down over 30 years at 6.5%, the same assumptions as the answers below. Property tax is this listing's own 2023 bill. Insurance is left out until you enter a quote, because Florida premiums turn on roof age, elevation and carrier. Every field is editable.

Ask about this property

Answered from this listing’s own figures and the sales around it.

Price history

From the property’s MLS record.

DateEventPriceChange
Jul 9, 2026Price reduced$2,516,000−$583,000
Oct 1, 2024Listed$3,099,000

Neighbourhood

The schools below come from the MLS record for this home. Walking, transit and cycling figures for SARASOTA, FL are not connected yet, so this page does not show them.

Elementary school
Emma E. Booker Elementary
Assigned school from the MLS record
Middle school
Booker Middle
Assigned school from the MLS record
High school
Booker High
Assigned school from the MLS record

Location

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