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1850 7TH STREET

Multi-family Active With Contract
$749,000

BTC: 11.52307692

ETH: 393.66354118

New
3 bds
1,568 sqft

Overview

Under contract-accepting backup offers. * Tremendous opportunity to own your own duplex in GILLESPIE PARK – LIVE IN ONE SIDE AND RENT OUT THE OTHER ! Or just rent out both of them ! * Fabulous opportunity to tear down and build your own New Single Family Home in the Downtown area with an Additional Dwelling unit for Income – Zoned DTN + During the time of preparing all the Architectural plans and going through the permitting process – you are collecting rent all along the way ! * You could even add a pool between the 2 New Buildings for Fun for all ! *Right across street from Sarasota’s Own 10 acre Wooded Oasis in the middle of Downtown Sarasota – GILLESPIE PARK ! Featuring Tennis Courts , walking trails , a pond that winds through the park , Wonderful playground and even a separate Dog Park ! * Tenant occupied* There is total of 3 br, 2 bath.  (one unit has 2 br, 1 bath, and one unit has 1 br, 1 bath) *To have access to all that Downtown Sarasota has to offer within just a few blocks is amazing ! You literally have 65 restaurants within a 10 block radius. Who needs a car anyway ? * The Bay Trolley is just a few blocks away as well taking you all the way to Lido Beach and back for Free without ever having to park a car! * And Don’t Forget the ever popular Legacy Walking and Bicycle Trail and Payne Park also just a few blocks away. * And One Last Huge Benefit - You are literally only 6 blocks from the Ultra Amazing new 53 acre Bay Park ! Which you just have to see and experience to believe. *YOU must experience the Downtown Lifestyle to really appreciate what our Great City has to offer !

Location

Details

Type:
Residential Income
Parking:
Driveway / Ground Level / Guest / On Street / Open
Year Built:
1969
Lot:
0.17 Acres
Heating:
Central / Electric
Price/sqft:
$478
Cooling:
Central Air
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$444,990
$311K – $727K
Confidence Low
List vs. estimate
$304K above estimate
List $749,000 · +68.3%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Price per sq ft
$477
+23.4% vs. city median $386
Based on
13 MLS comparables
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$7,172
2025
View
Park/Greenbelt, Tennis Court
Pets
Allowed
All facts and features
  • Flooring

    • Ceramic Tile

    • Tile

    Heating

    • Central

    • Electric

    Cooling

    • Central Air

    Appliances

    • Dishwasher

    • Dryer

    • Electric Water Heater

    • Microwave

    • Range

    • Refrigerator

    • Washer

    Other interior features

    • Ceiling Fan(s)

    • Eating Space In Kitchen

    • Kitchen/Family Room Combo

    • Open Floorplan

    • Primary Bedroom Main Floor

    • Window Treatments

    Bedrooms and bathrooms

    • Bedrooms: 3

  • Parking

    • Driveway

    • Ground Level

    • Guest

    • On Street

    • Open

    Property

    • Exterior Features: Dog Run / Sidewalk

    Lot

    • Lot: 0.17 Acres

    Other Property Information

    • Parcel Number: 2026080026

    • Zoning: DTN

  • Type and style

    • Property Type: Residential Income

    • Property Sub Type: Duplex

  • Utility

    • Cable Available

    • Electricity Connected

    • Public

    • Sewer Connected

    • Water Connected

  • Other financial information

    • Annual tax amount: $7,172

  • Source details

    • MLS ID: A4699425

    Other facts

    • Construction Materials: Block / Stucco

    • Foundation Details: Slab

    • Laundry Features: Laundry Closet

    • Lot Features: City Lot / Level / Oversized Lot / Sidewalk

    • Living Area: 1568

    • Water Source: Public

    • Subdivision Name: GILLESPIE PARK

Private inquiry
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The multiple listing information is provided by the Stellar MLS from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Stellar MLS. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: PREMIER SOTHEBY'S INTERNATIONAL REALTY