Active

1606 7TH ST

SARASOTA FL, 34236

$1,525,000


$771.37 per sqft

Active

5 Beds

2 Baths

1,977 sqft

Multi-family

Built in 1960

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

A4634200

MLS ID

January 14, 2025

Listed

January 16, 2025

Updated

Map

1606 7TH ST
SARASOTA FL, 34236

Interior Features

Total Stories

1


Bedrooms

5


Total Bathrooms

2


Interior Features

Built-in Features, Ceiling Fans(s), Other, Primary Bedroom Main Floor


Laundry Description

Other


Floor Description

Tile


Fireplace

Yes


Fireplace Description

Living Room


Cooling

Yes


Cooling Description

Central Air


Heating

Yes


Heating Description

Central, Electric

Exterior/Building Features

Lot Size

0.35 Acres


Exterior Features

Awning(s), Courtyard, Fence, Other, Private Mailbox, Sidewalk


Roof

Metal, Shingle


Sewer

Public Sewer

Other Property Details

Area Name

34236 - Sarasota


Taxes

$10,002


Tax Frequency

Annually


Days on Market

2


Association Fee Frequency

Monthly


Garage

No


View

No


County

Sarasota


Municipality

36S


Water Source

Public


Pool

No


Zoning

DTE

Listed by HARRY ROBBINS ASSOC INC
Listing Contact: 941-924-8346 

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Data last updated 1/16/2025, 8:47 PM UTC

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