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$2,529,000

1555 7TH STREET, SARASOTA, FL 34236

3D Tour
Active89 days on market

Beds

32

Baths

16

Sq Ft

3,705 sq ft

Year Built

1926

Lot Size

0.14 acres

Garage

0

About This 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 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!

Property Overview

Property TypeResidential Income
Sub TypeQuadruplex
MLS #A4699070
StatusActive
Year Built1926
ConstructionBlock, Brick, Concrete, Other, Wood Frame, Wood Siding
RoofMetal, Other, Shingle
FoundationCrawlspace, Other, Stilt/On Piling
SubdivisionHALLS SUB JAMES S
CountySarasota
OwnershipFee Simple

Interior Features

InteriorCeiling Fan(s), High Ceilings, Open Floorplan, Other, Primary Bedroom Main Floor, Solid Surface Counters, Solid Wood Cabinets, Thermostat, Vaulted Ceiling(s)
FlooringCeramic Tile, Other, Tile, Vinyl, Hardwood
AppliancesCooktop, Dryer, Microwave, Other, Range, Range Hood, Refrigerator, Washer
LaundryInside, Laundry Room, Other
WindowsBlinds, Wood Frames
CoolingCentral Air, Other, Zoned
HeatingElectric, Heat Pump, Other, Zoned

Exterior & Lot

ExteriorFenced, Garden, Other, Private Entrance, Private Mailbox, Private Yard, Sidewalk, Storage
Other StructuresGuest House, Other, Storage
Lot Size0.14 acres (5,942 sq ft)
Lot Dimensions150.00 x 157.03
Lot FeaturesCul-De-Sac, Greenbelt, City Lot, Landscaped, Level, Near Golf Course, Near Public Transit, Sidewalk, Street Dead-End, Street One Way
Road SurfacePaved, Asphalt, Concrete, Dirt, Gravel, Other
ViewCity, Garden, Park/Greenbelt, Trees/Woods

Pool & Spa

Private PoolNo
Pool FeaturesOther
SpaOther

Utilities

WaterPublic
SewerPublic Sewer
UtilitiesCable Connected, Electricity Connected, Fiber Optics, Fire Hydrant, Other, Public, Sewer Connected, Street Lights, Water Connected

Parking

GarageNo

HOA & Community

HOANo
Senior CommunityNo

Financial Details

List Price$2,529,000
Annual Taxes$5,846 (2025)
FinancingCash, Conventional, Other, Owner May Carry, Private Financing Available
ZoningDTE
Parcel #2026060001

Schools

ElementaryAlta Vista Elementary
MiddleBooker Middle
HighBooker High

Directions

Sarasota ~ Fruitville Road ~ Orange Avenue ~ 7th Street ~ #1555 ~ Sign In Place

Location

1555 7TH STREET, SARASOTA, FL 34236

Listing Information

OfficeRE/MAX ALLIANCE GROUP
ListedJuly 9, 2026

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Home Price

$2,529,000

20% ($505,800)
6.75%

Loan Term

Principal & Interest$13,122
Property Tax (est.)$2,318
Insurance (est.)$150
Total Monthly$15,591
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Listing information is deemed reliable but not guaranteed. All measurements and data should be independently verified. This information is provided by the Stellar MLS. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed. IDX 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. Data last updated: July 11, 2026.

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