1606 7TH ST new

Sarasota,FL 34236

$ 1525000

5 Beds

2 Baths

1977 SqFt


Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 1,977 sqft

Price per Sqft $771

Subdivision Halls Sub James S

MLS Listing ID A4634200

Bedrooms 5

HOA Y/N No

Originating Board Stellar MLS

Year Built 1960

Annual Tax Amount $10,002

Lot Size 7,405 Sqft

Acres 0.17

Lot Dimensions 100x129

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 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

Location

State FL

County Sarasota

Community Halls Sub James S

Zoning DTE

Interior

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

Heating Central,Electric

Cooling Central Air

Flooring Tile

Fireplaces Type Living Room

Fireplace true

Laundry Other

Exterior

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

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

Roof Type Metal,Shingle

Garage false

Private Pool No

Building

Entry Level One

Foundation Slab

Lot Size Range 1/2 to less than 1

Sewer Public Sewer

Water Public

Structure Type Block,Stucco

New Construction false

Others

Senior Community No

Ownership Fee Simple

Acceptable Financing Cash,Conventional

Listing Terms Cash,Conventional

Special Listing Condition None

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