New Listing - 01/14/2025

$1,525,000 ($771.37 per sqft)

Est. Mortgage $7,913/mo *

Quick Pre-Approval

1606 7th STREET, Sarasota, FL, 34236

1606 7th STREET, Sarasota, FL, 34236

5 beds

1960

1,977 sqft

Discover a unique and outstanding investment opportunity nestled in the heart of Sarasota's sought-after Gillespie Park neighborhood. This remarkable collection consists of two parcels featuring two single-family homes, one with two bedrooms and the other with three. Embrace the luxury of owning nearly 0.35 acres of Prime Downtown Sarasota Real Estate. 15,116 square feet of land zoned Downtown Edge (DTE). DTE zoning allows for up to 25 units an acre. The two parcels offer a wealth of options for the discerning investor or homeowner. Live in the one building and generate income by renting out the other, or explore the potential to develop new in this fantastic location. Gillespie Park is well-known for its tranquil atmosphere, friendly community, and proximity to Downtown Sarasota's bustling array of shops, restaurants, arts, and entertainment options. This is a rare chance to own a piece of Sarasota's charm with the added flexibility and potential that these parcels offer. Option to purchase 3 lots/4 buildings: See MLS #A4618354


Status:

Active

Type:

Multi-family

Laundry Remarks:

Other

Units:

2

Subdivision:

HALLS SUB JAMES S

Heating:

Central, Electric

Cooling:

Central Air

Lot Size:

100 x 129

Acreage:

0.17

Est. Taxes:

$10,002

Construction

Block, Stucco

Utilities

Cable Available, Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Other, Public, Sewer Available, Sewer Connected, Water Available, Water Connected

Min Lease Term:

1 Week

MLS #:

A4634200


Community Info

School Info

Walk Score

Yelp



Listing courtesy of HARRY ROBBINS ASSOC INC Phone: 941-924-8346