1569 7TH STREET
SARASOTA, FL 34236
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- 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.
| Date | Event | Price | Change |
|---|---|---|---|
| Jul 9, 2026 | Price reduced | $2,516,000 | −$583,000 |
| Oct 1, 2024 | Listed | $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.
Location
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