Putnam Realty GroupFlorida Home Value AI · Michael Putnam, Sales Associate

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1569 7TH STREET
$2,516,000

1569 7TH STREET

SARASOTA, FL 34236 · Single Family Residence

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Bedrooms2
Bathrooms1 full
Living area860 Sq. Ft.
Total area1,068 Sq. Ft.
Year built1925
Lot size0.13 acres (5,806 Sq. Ft.)
Lot dimensions150X157.03
Stories1
Flood zoneX
SubdivisionHALLS SUB JAMES S
Days on market690
MLS numberMFRA4625551

Property taxes: $5,080 (2023) is the current owner's bill. In Florida the bill usually goes up after a sale, when the homestead cap and exemption go away. See what yours would be.

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.

Features

InteriorCathedral 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
AppliancesCooktop, Dishwasher, Dryer, Electric Water Heater, Exhaust Fan, Microwave, Other, Range, Range Hood, Refrigerator, Washer
FlooringOther, Vinyl, Wood
LaundryOther
WindowsBlinds, Wood Frames
ExteriorBalcony, Dog Run, Garden, Lighting, Other, Private Entrance, Private Mailbox, Private Yard, RV Hookup, Sidewalk
Patio and porchCovered, Front Porch, Other, Porch, Rear Porch, Screened
FencingBoard, Fenced, Other, Wood
ViewGarden, Park/Greenbelt, Trees/Woods
Body of waterSARASOTA BAYFRONT
ParkingCurb Parking, Deeded, Driveway, Golf Cart Parking, Ground Level, Guest, On Street, Other, Oversized, Reserved, RV Access/Parking, Tandem
ConstructionBlock, Brick, Other, Frame, Wood Siding
RoofMetal, Other, Shingle
FoundationBlock, Concrete Perimeter, Crawlspace, Other, Pillar/Post/Pier, Stilt/On Piling
StyleBungalow, Elevated, Florida, Other, Ranch
LevelsOne
FacesSouth
HeatingElectric, Heat Pump, Other
CoolingCentral Air, Other, Zoned
UtilitiesCable Connected, Electricity Connected, Fiber Optics, Fire Hydrant, Other, Public, Sewer Connected, Water Connected
SewerPublic Sewer, Other
WaterNone
CommunityStreet Lights
PetsCats OK, Dogs OK, Number Limit, Yes
FurnishedUnfurnished
Sale conditionsNone
Elementary schoolEmma E. Booker Elementary
Middle schoolBooker Middle
High schoolBooker High
CountySarasota

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Listing courtesy of RE/MAX ALLIANCE GROUP, 941-954-5454 (Robert T Anderson). Stellar MLS via MLS GRID.

Listings courtesy of Stellar MLS as distributed by MLS GRID. Information is deemed reliable but is not guaranteed accurate by Stellar MLS, MLS GRID, or Putnam Realty Group, and should be independently verified. This information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Properties may be listed by brokerages other than Putnam Realty Group. To report an inaccuracy, contact Michael Putnam at 941-662-9941 or [email protected].