$2,529,000

1555 7th StSarasota, FL 34236

  • 32 beds
  • 16 baths
  • 3,705 sqft
  • 0.14 acres
  • 121 days on market
SITE DRONE 1 / 10

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. NOTE: future development plans viable on request!

Virtual tour

Facts

Property type
Quadruplex
Year built
1926
Garage spaces
0
Lot size
5,942 sqft
Pool
No
Waterfront
No
Subdivision
HALLS SUB JAMES S
Community
James Street Park
County
Sarasota
CDD
0
Annual taxes
$5,846 (2025)
Flood zone
X
Pets
Cats OK, Dogs OK, Number Limit, Size Limit
New construction
No
MLS #
A4699070

Features

Interior
Ceiling Fans(s), High Ceilings, Open Floorplan, Primary Bedroom Main Floor, Solid Surface Counters, Solid Wood Cabinets, Thermostat, Vaulted Ceiling(s)
Appliances
Cooktop, Dryer, Microwave, Range, Range Hood, Refrigerator, Washer
Flooring
Ceramic Tile, Tile, Vinyl, Wood
Heating
Electric, Heat Pump, Zoned
Cooling
Central Air, Zoned
Exterior
Fence, Garden, Private Entrance, Private Mailbox, Private Yard, Sidewalk, Storage
Patio & porch
Covered, Deck, Front Porch, Screened
Parking
Assigned, Boat, Deeded, Driveway, Ground Level, Guest, Off Street, On Street, Open, Oversized, Parking Pad, Reserved, RV Access/Parking, Tandem
Construction
Block, Brick, Concrete, Frame, Wood Siding
Roof
Metal, Shingle
Lot
Cul-De-Sac, Greenbelt, City Limits, Landscaped, Level, Near Golf Course, Near Public Transit, Sidewalk, Street Dead-End, Street One Way, Paved
View
City, Garden, Park/Greenbelt, Trees/Woods
Community features
Dog Park, Playground, Sidewalks, Street Lights
Utilities
Cable Connected, Electricity Connected, Fiber Optics, Fire Hydrant, Public, Sewer Connected, Water Connected
Water
Public
Sewer
Public Sewer
Elementary school
Alta Vista Elementary
Middle school
Booker Middle
High school
Booker High

Location

Stellar MLS Listing courtesy of RE/MAX ALLIANCE GROUP. MLS # A4699070.

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Stellar MLS

Listing information is provided by Participants of the Stellar MLS. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Properties displayed may be listed or sold by various participants in the MLS Copyright 2026, Stellar MLS. Last updated: 2026-11-04 1:30 PM EST.