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Key Facts

2Beds

1Baths

1,068Sq Ft

1925Year Built

0.13Lot (acres)

1Stories

$2,516,000

$3,099,000 · Price reduced

Active614 days on marketListed October 1, 2024

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Description

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.

Property Information

Property Type

Residential

Sub-Type

Single Family Residence

Style

Bungalow / Elevated / Florida / Other / Ranch

Year Built

1925

Stories

Living Area

1,068 sq ft

Lot Size

0.13 acres

Lot Dimensions

150X157.03

Ownership

Fee Simple

Zoning

DTE

Days on Market

614

MLS® Listing#

A4625551

Property Features

Interior

Cathedral Ceiling(s)Eat-in KitchenHigh CeilingsOpen FloorplanOther

Exterior

BalconyDog RunGardenLightingOtherPrivate EntrancePrivate YardRV Hookup

Appliances

CooktopDishwasherDryerElectric Water HeaterExhaust FanMicrowaveOtherRangeRange HoodRefrigeratorWasher

Cooling

Central AirOtherZoned

Heating

ElectricHeat PumpOther

Flooring

OtherVinylWood

Fireplace

Family RoomLiving RoomMasonry

Basement

Crawl SpaceOther

Parking

DeededDrivewayGuestOn StreetOtherOversizedRV Access/ParkingTandem

Laundry

Other

Patio

CoveredFront PorchOtherPorchRear PorchScreened

Fencing

FencedOtherWood

Lot Features

Cul-De-SacGreenbeltLandscapedLevelNear Golf CourseNear Public TransitPrivatePaved

Construction

BlockBrickOtherFrameWood Siding

Foundation

BlockConcrete PerimeterOtherPillar/Post/Pier

Roof

MetalOtherShingle

Windows

BlindsWood Frames

Security

Smoke Detector(s)

Other Structures

Other

Community

Street Lights

Utilities

Cable AvailableCable ConnectedElectricity ConnectedOtherSewer ConnectedWater Connected

Sewer

Public SewerOther

Water Source

None

Rooms

Kitchen10x13First
Living Room12x15First
Master Bedroom12x12First

Schools

Elementary:: Emma E. Booker Elementary
Middle:: Booker Middle
High:: Booker High

Financial Details

HOA

None

Annual Taxes

$5,080

Tax year 2023

Parcel Number

2026060007

Directions

Sarasota ~ Fruitville Road ~ Orange Avenue ~ 7th Street ~ #1569

Affordability Calculator

Home Price

Down Payment

$503,200

Interest Rate (%)

Loan Term

Estimated monthly payment

$13,391/mo

Principal $2,012,800 · Est. interest $2,808,035 over 30 yrs

Neighborhood Market Statistics

How this home compares to active listings in SARASOTA, FL

$575,709
Median Listing Price: 99
Median Days on Market: 1,679
Median Sq Ft: $324
Median Price / Sq Ft: 2,658
Active Listings

This home’s price is 337% above the area median.
Its price per sq ft is 628% above the area median.

Market statistics compiled from active EXIT Realty® and MLS listings in SARASOTA, FL.

Location

Points of Interest in SARASOTA, FL

Nearby Schools

Ringling College of Art and Design
Secondary School · 0.2 mi away
Sarasota School of Arts and Sciences
Secondary · 0.2 mi away
Westcoast Center
School · 0.5 mi away
Newtosha Studio
School · 0.5 mi away
Angel's Friend Child Development
School · 0.7 mi away
First Presbyterian Preschool
Elementary · 1.0 mi away
Agape Christian School
School · 1.1 mi away
Suncoast School
Elementary · 1.4 mi away
Achievement Center
School · 1.4 mi away
Sarasota High School
Secondary · 1.4 mi away
Emma E. Booker Elementary School
Elementary · 1.4 mi away
Booker High School
Secondary · 1.5 mi away
Bay Haven School of Basics Plus
Elementary · 1.6 mi away
Tuttle Elementary School
Elementary · 1.7 mi away
Alta Vista Elementary School
Elementary · 1.8 mi away
Booker Middle School
Secondary · 2.0 mi away
Community Day School
School · 2.0 mi away
Southside Elementary School
Elementary · 2.4 mi away
Sarasota Acceleration Academies
Secondary · 2.5 mi away
Springbok Sports Club & Academy
School · 2.8 mi away

Commute Calculator

Nearby Homes

$2,516,000

2 bed · 1 bath

1569 7TH STREET, SARASOTA, FL

0.0 mi away

$2,529,000

32 bed · 16 bath

1555 7TH STREET, SARASOTA, FL

0.0 mi away

$3,899,000

711 N ORANGE AVENUE, SARASOTA, FL

0.0 mi away

$309,900

2 bed · 2 bath

631 N ORANGE AVENUE, SARASOTA, FL

0.1 mi away

$339,900

2 bed · 2 bath

631 N ORANGE AVENUE, SARASOTA, FL

0.1 mi away

$1,500,000

1575 BLVD OF THE ARTS, SARASOTA, FL

0.1 mi away

Similar Homes Nearby

$1,775,000
3 beds · 2 baths · 2,121 sq ft
6136 HOLLYWOOD BOULEVARD, SARASOTA, FL 34231
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Similar Home Values

Comparable nearby listings and their asking prices.

Address	Price	Beds	Baths	Sq Ft
6136 HOLLYWOOD BOULEVARD, SARASOTA, FL	$1,775,000	3	2	2,121
1516 OAK STREET, SARASOTA, FL	$1,775,000	5	5	2,416
1880 LOMA LINDA STREET, SARASOTA, FL	$1,795,000	4	4	2,904
1865 ORCHID STREET, SARASOTA, FL	$1,795,000	4	3	2,252
3194 CHARLES MACDONALD DRIVE, SARASOTA, FL	$1,795,000	4	4	3,833
1695 HYDE PARK STREET, SARASOTA, FL	$1,795,000	3	3	2,939

Moving Cost Estimate

EXIT Agents in SARASOTA

Lisa Derketsch
Sales Representative
EXIT King RealtySarasota, FL
(941) 726-8881
lisadsellshomes@gmail.com
Andrea Capek
Sales Representative
EXIT King RealtySarasota, FL
(941) 468-1611
andreacapek@yahoo.com
Marni Scott
Sales Representative
EXIT King RealtySarasota, FL
(941) 518-2354
marni.lynn.scott@gmail.com
Theresa Bockes
Sales Representative
EXIT King RealtySarasota, FL
(717) 379-4479
tmbockes@gmail.com
Joseph Guirguis
Sales Representative
EXIT King RealtySarasota, FL
(941) 321-9129
joe_grgs@yahoo.com
Steven Forbes
Broker of Record
EXIT King RealtySarasota, FL
(941) 204-7402
steveforbes456@aol.com

Listing Courtesy: RE/MAX ALLIANCE GROUP - 941-954-5454

Listings courtesy of Stellar MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Listing information is provided for consumers? personal, non-commercial use, solely to identify prospective properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Information deemed reliable but not guaranteed. Copyright ©2026 MLS GRID. All Rights Reserved.

Last Updated: 2024-10-01