Sell Your Home
Get a free home valuation
Contact
Tell us about your needs

1555 7TH STREET

Multi-family For Sale
$2,529,000

BTC: 39.51562500

ETH: 1,585.88816635

4 days
32 bds
3,705 sqft

Overview

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!

Location

Details

Type:
Residential Income
Parking:
Assigned / Boat / Deeded / Driveway / Ground Level / Guest / Off Street / On Street / Open / Other / Oversized / Parking Pad / Reserved / RV Parking / Tandem
Year Built:
1926
Lot:
0.14 Acres
Heating:
Electric / Heat Pump / Other / Zoned
Price/sqft:
$683
Cooling:
Central Air / Other / Zoned
HOA:
No Data

Highlights

Annual tax
$5,845
2025
Pool
Other
View
City, Garden
Pets
Allowed
All facts and features
  • Flooring

    • Ceramic Tile

    • Other

    • Tile

    • Vinyl

    • Hardwood

    Heating

    • Electric

    • Heat Pump

    • Other

    • Zoned

    Cooling

    • Central Air

    • Other

    • Zoned

    Appliances

    • Cooktop

    • Dryer

    • Microwave

    • Other

    • Range

    • Range Hood

    • Refrigerator

    • Washer

    Other interior features

    • Ceiling Fan(s)

    • High Ceilings

    • Open Floorplan

    • Other

    • Primary Bedroom Main Floor

    • Solid Surface Counters

    • Solid Wood Cabinets

    • Thermostat

    • Vaulted Ceiling(s)

    Bedrooms and bathrooms

    • Bedrooms: 32

  • Parking

    • Assigned

    • Boat

    • Deeded

    • Driveway

    • Ground Level

    • Guest

    • Off Street

    • On Street

    • Open

    • Other

    • Oversized

    • Parking Pad

    • Reserved

    • RV Parking

    • Tandem

    Property

    • Levels: One

    • Exterior Features: Fenced / Garden / Other / Private Entrance / Private Mailbox / Private Yard / Sidewalk / Storage

    Lot

    • Lot: 0.14 Acres

    Other Property Information

    • Parcel Number: 2026060001

    • Zoning: DTE

  • Type and style

    • Property Type: Residential Income

    • Property Sub Type: Quadruplex

  • Utility

    • Cable Connected

    • Electricity Connected

    • Fiber Optics

    • Fire Hydrant

    • Other

    • Public

    • Sewer Connected

    • Street Lights

    • Water Connected

  • Other financial information

    • Annual tax amount: $5,846

  • Source details

    • MLS ID: A4699070

    Other facts

    • Construction Materials: Block / Brick / Concrete / Other / Wood Frame / Wood Siding

    • Foundation Details: Crawlspace / Other / Stilt/On Piling

    • Laundry Features: Inside / Laundry Room / Other

    • Lot Features: Cul-De-Sac / Greenbelt / City Lot / Landscaped / Level / Near Golf Course / Near Public Transit / Sidewalk / Street Dead-End / Street One Way

    • Patio And Porch Features: Covered / Deck / Front Porch / Other / Screened

    • Pool Features: Other

    • Window Features: Blinds / Wood Frames

    • Other Structures: Guest House / Other / Storage

    • Living Area: 3705

    • Water Source: Public

    • Lot Size Dimensions: 150.00 x 157.03

    • Subdivision Name: HALLS SUB JAMES S

Private inquiry
Talk to the advisor on this listing.
Floor plans, HOA docs, off-market comparables, scheduling a private showing — one message, direct to the local specialist.

More like this

New
For Sale
$2,190,000
House
5 bds · 5 ba · 3,356 sqft
RUSTIC LODGE, SARASOTA
2420 FLOYD STREET
For Sale
$1,995,000
House
4 bds · 3 ba · 2,976 sqft
ALTA VISTA, SARASOTA
2483 BAY STREET
For Sale
$2,799,000
House
5 bds · 4 ba · 3,128 sqft
POS CORR SUB OF PT OF B, SARASOTA
1681 OAK STREET
For Sale
$2,295,000
Lots/Land
0.34 acres
SAPPHIRE SHORES RESUB BLK M, SARASOTA
355 S SHORE DRIVE
For Sale
$2,139,000
Commercial
0 room(s) · 11,475 sqft
WALPOLE FRANK A, SARASOTA
2169 10TH STREET
For Sale
$2,100,000
House
4 bds · 4 ba · 3,148 sqft
POINSETTIA PARK 2, SARASOTA
1850 MAGNOLIA STREET
For Sale
$2,995,000
Condo/Co-op
3 bds · 3 ba · 3,785 sqft
THE PHOENIX, SARASOTA
136 GOLDEN GATE POINT UNIT 602
For Sale
$2,950,000
House
5 bds · 5 ba · 3,982 sqft
LA LINDA TERRACE, SARASOTA
2258 ARLINGTON STREET

Market around this address

Live counts in the same area.
View all

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: RE/MAX ALLIANCE GROUP