$2,516,000

Single Family Residence In Sarasota

  • 2 Beds
  • 1 Baths
  • 860 Sqft
  • 5,806 Sqft lot
  • Updated: July 9
  • Source:
    Stellar MLS  MLS#A4625551

About the Property

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 curre
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 type

    House

  • Floors

    1

  • Year built

    1925

  • Price/sqft

    $2,925

Features

  • Garden
  • Investment Property
  • Parking
  • Balcony
  • High Ceiling

Explore the Area

1569 7TH STREET, Sarasota, Florida, United States View on Google Maps
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RE/MAX ALLIANCE GROUP - Sarasota

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RE/MAX ALLIANCE GROUP - Sarasota
Florida, United States
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RE/MAX ALLIANCE GROUP - Sarasota
Sarasota, Florida, United States
View agency profile
Last updated
July 9
First listed
Feb 13
Listing reference
A4625551
Listing status
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