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1606 7th Street

Sarasota, FL 34236
  • $1,525,000
  • STATUS: Active
  • ON SITE: 22 Days
  • MLS #: A4634200
UPDATED: 58 min ago
$1,525,000
  • 5
    BEDS
  • 0.35
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 1,977
    SQFT
  • $771
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1960
County:
Area:

School Ratings & Info

Description

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 three bedrooms and the other with two. This is an incredible opportunity to own 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

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© 2025 My Florida Regional MLS DBA Stellar MLS. All rights reserved. All listings displayed pursuant to IDX. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided for consumers personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Data last updated 2025-02-06T12:47:02.01.
www.homeinsarasotafl.com/homes/159427832
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1606 7th Street Sarasota, FL 34236

  • Price: $1,525,000
  • Status: Active
  • On Site: 22 Days
  • Updated: 58 min ago
  • MLS #: A4634200
5
Beds
0
Baths
0
½ Baths
0.35
Acres
1,977
SQFT
$771
$/SQFT
1960
Built
Neighborhood:
Halls Sub James S
County:
Sarasota
Area:
Sarasota
Property Description
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 three bedrooms and the other with two. This is an incredible opportunity to own 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
Exterior Features

Carport Spaces 1 Carport Yn Yes Construction Materials BlockStucco Covered Spaces 1 Exterior Features Awning(s)CourtyardFencedOtherPrivate MailboxSidewalk Foundation Details Slab Lot Size Dimensions 129 x 117 Pool Private Yn No Road Surface Type Asphalt Roof MetalShingle Water Access Yn No Water Extras Yn No Water View Yn No Waterfront Feet Total 0 Waterfront Yn No

Interior Features

Building Area Total 2760 Cooling Central Air Cooling YN Yes Fireplace Features Living Room Fireplace Yn Yes Flooring Tile Heating CentralElectric Heating YN Yes Interior Features Built-in FeaturesCeiling Fan(s)OtherPrimary Bedroom Main Floor Laundry Features Other Levels One Sewer Public Sewer Water Source Public

Property Features

Additional Lease Restrictions Contact City of Sarasota for all leasing restrictions. Annual Net Income 54000 Association Yn No Cdd Yn No Down Payment Resource No Flood Zone Code X Garage Yn No Lease Considered YN Yes Lease Restrictions YN Yes Listing Terms CashConventional Minimum Lease 1 Week New Construction Yn No Ownership Fee Simple Property Sub Type Duplex Senior Community Yn No Special Listing Conditions None Sw Subdiv Community Name Halls Sub James S Tax Annual Amount 10002 Total Annual Fees 0 Total Monthly Fees 0 Utilities Cable AvailableElectricity AvailableElectricity ConnectedNatural Gas AvailableOtherPublicSewer AvailableSewer ConnectedWater AvailableWater Connected Zoning DTE


Listing information © 2025 My Florida Regional MLS DBA Stellar MLS..
Listing provided courtesy of HARRY ROBBINS ASSOC INC: 941-924-8346.



© 2025 My Florida Regional MLS DBA Stellar MLS. All rights reserved. All listings displayed pursuant to IDX. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided for consumers personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Data last updated 2025-02-06T12:47:02.01.
 
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Polina Iakovleva | Preferred SHORE
630 S. Orange Avenue
Sarasota FL, 34236