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(386) 960-0076
Stork Real Estate
1555 7th Street, Downtown, FL 34236
- $2,529,000
- 32
- BD
- 16
- BA
- 3,705
- SqFt
- List Price
- $2,529,000
- MLS#
- A4699070
- Type
- Multifamily
- Bedrooms
- 32
- Bathrooms
- 16
- Living Area
- 3,705
- Lot Size
- 5,942
- Subdivision
- James Street Park
- Year Built
- 1926
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. NOTE: future development plans viable on request!
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Additional Information
- Community Features
- Dog Park, Playground, Sidewalks, Street Lights, No Deed Restriction
- Annual Gross
- 116000
- Style
- Quadruplex
- Interior
- Ceiling Fans(s), High Ceilings, Open Floorplan, Other, Primary Bedroom Main Floor, Solid Surface Counters, Solid Wood Cabinets, Thermostat, Vaulted Ceiling(s)
- Interior Features
- Ceiling Fans(s), High Ceilings, Open Floorplan, Other, Primary Bedroom Main Floor, Solid Surface Counters, Solid Wood Cabinets, Thermostat, Vaulted Ceiling(s)
- Appliances
- Cooktop, Dryer, Microwave, Other, Range, Range Hood, Refrigerator, Washer
- Exterior Construction
- Block, Brick, Concrete, Other, Frame, Wood Siding
- Exterior
- Fence, Garden, Other, Private Entrance, Private Mailbox, Private Yard, Sidewalk, Storage
- Roof
- Metal, Other, Shingle
- High School
- Booker High
- Middle School
- Booker Middle
- Elementary School
- Alta Vista Elementary
- Located Near
- Cul-De-Sac, Greenbelt, City Limits, Landscaped, Level, Near Golf Course, Near Public Transit, Sidewalk, Street Dead-End, Street One Way, Paved
- Utilities
- Cable Connected, Electricity Connected, Fiber Optics, Fire Hydrant, Other, Public, Sewer Connected, Water Connected
- Garage
- Assigned, Boat, Deeded, Driveway, Ground Level, Guest, Off Street, On Street, Open, Other, Oversized, Parking Pad, Reserved, RV Access/Parking, Tandem
- Floor
- Ceramic Tile, Other, Tile, Vinyl, Wood
- Heating
- Electric, Heat Pump, Other, Zoned
- Cooling
- Central Air, Other, Zoned
- Pool Type
- No Pool
Listing courtesy of RE/MAX ALLIANCE GROUP.
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