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1555 7TH STREET Sarasota, FL $ 2,529,000
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1555 7TH STREET
$ 2,529,000
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1555 7TH STREET

Sarasota, FL, 34236
$ 2,529,000
Bedrooms32 Baths16.0 Sq 3,705

Monthly Estimate*

$ 15,968

1555 7TH STREET, Sarasota, FL 34236 - Image 1
1555 7TH STREET, Sarasota, FL 34236 - Image 2
1555 7TH STREET, Sarasota, FL 34236 - Image 3
1555 7TH STREET, Sarasota, FL 34236 - Image 4
1555 7TH STREET, Sarasota, FL 34236 - Image 5
1555 7TH STREET, Sarasota, FL 34236 - Image 6
1555 7TH STREET, Sarasota, FL 34236 - Image 7
1555 7TH STREET, Sarasota, FL 34236 - Image 8
1555 7TH STREET, Sarasota, FL 34236 - Image 9
1555 7TH STREET, Sarasota, FL 34236 - Image 10
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Multi-Family Home for sale in Sarasota, FL

for $2,529,000 with 32 bedrooms and 16 full baths. This 3,705 square foot home was built in 1926 on a lot size of 0.14.

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. NOTE: future development plans viable on request!

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Multi-Family Active

Price

$ 2,529,000

Bedrooms

32

Full Bath

16

Property Type

Multi-Family

Taxes

$ 5,845

Style

Quadruplex

Lot Size

0.14

Year Built

1926

Town/City

Sarasota

County/Region

Sarasota

MLS | Web ID

A4699070
Features
General
Sewer Public Sewer
Heating Electric Heat Pump Other Zoned
Cooling Central Air Other Zoned
Utilities Cable Connected Electricity Connected Fiber Optics Fire Hydrant Other Public Sewer Connected Street Lights Water Connected
Possession Close Of Escrow
Roof Metal Other Shingle
Appliances Cooktop Dryer Microwave Other Range Range Hood Refrigerator Washer
Zoning DTE
HOA Fee 0
Garage Spaces 0
Patio/Porch Features Covered Deck Front Porch Other Screened
Pool Features Other
Construction Materials Block Brick Concrete Other Wood Frame Wood Siding
Pets Allowed Cats OK Dogs OK Number Limit Size Limit
Year Built 1926
Tenant Pays Electricity Water
View City Garden Park/Greenbelt Trees/Woods
Levels One
Property Subtype Quadruplex
Tax Year 2025
Ownership Fee Simple
Gross Income 116000
Community Features Dog Park Playground Sidewalks
Additional Parcels Description 4
County Sarasota
New Construction false
Property Type Residential Income
Attached Garage false
Subdivision Name HALLS SUB JAMES S
Garage Y/N false
Other Structures Guest House Other Storage
Status Active
Directions Sarasota ~ Fruitville Road ~ Orange Avenue ~ 7th Street ~ #1555 ~ Sign In Place
High School Booker High
City SARASOTA
Association Name Robert T. Anderson Jr.
Senior Community Y/N false
Number Of Units Total 4
MLS Area 34236 - Sarasota
Lot Size Units Square Feet
Lot Size Square Feet 5942
Carport Spaces 0
Carport Y/N false
Listing Terms Cash Conventional Other Owner May Carry Private Financing Available
Spa Features Other
Elementary School Alta Vista Elementary
Property Attached Y/N true
Land Lease Y/N false
Tax Annual Amount 5845.96
Middle/Junior High School Booker Middle
Property Condition Completed
Ok to Lease 12 Months
Additional Parcels Y/N true
Lease Considered Y/N true
Virtual Tour https://pix360.com/phototour3/38008/ www.roberttanderson.com
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
Occupancy Type Tenant
Tax Lot 7
Total Actual Rent 9664
Legal Description LOT 7 & W 20 FT OF LOT 6 LESS N 72 FT THEREOF BLK A HALL SUB
Pet Size Limit Extra Large (101+ Lbs.)
Minimum Lease 1 Week
Water Access Y/N false
Water View Y/N false
Flood Zone Code X
DockY/N false
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Interior
Interior Amenities Ceiling Fan(s) High Ceilings Open Floorplan Other Primary Bedroom Main Floor Solid Surface Counters Solid Wood Cabinets Thermostat Vaulted Ceiling(s)
Basement Other
Flooring Ceramic Tile Other Tile Vinyl Hardwood
Furnished Y/N Unfurnished
Common Walls Corner Unit End Unit
Air Conditioning Y/N true
Heating Y/N true
Window Features Blinds Wood Frames
Fireplace Y/N false
Laundry Features Inside Laundry Room Other
Total Bedrooms 32
Total Baths 16
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Exterior
Exterior Amenities Fenced Garden Other Private Entrance Private Mailbox Private Yard Sidewalk Storage
Parking Features Assigned Boat Deeded Driveway Ground Level Guest Off Street On Street Open Other Oversized Parking Pad Reserved RV Parking Tandem
Lot Features Cul-De-Sac Greenbelt City Lot Landscaped Level Near Golf Course Near Public Transit Sidewalk Street Dead-End Street One Way
Water Source Public
Lot Size Area 5942
Foundation Details Crawlspace Other Stilt/On Piling
Number of Buildings 4
Spa false
Building Area Total 4592
Lot Dimensions 150.00 x 157.03
Lot Size Acres 0.14
Road Surface Type Paved Asphalt Concrete Dirt Gravel Other
Private Pool false
Waterfront Y/N false
Covered Spaces 0
Number of Separate Water Meters 4
Number of Separate Electric Meters 4
Road Frontage Type Street Dead-End Street One Way Street Paved
Number of Lots 4
Road Responsibility Public Maintained Road
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* Excluded Features
List By
robertsrq@icloud.com

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Affordability Calculator

$16,455
Per Month
97%
3%
0%
Monthly Principal & Interest
$15,968
Monthly Property Taxes
$487
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
0 Elementary School
0 Middle School
Booker High High School High School
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Pricing History
DatePricePrice ChangeDescription
7/9/2026$2,529,000 Listed Price

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1555 7TH STREET, Sarasota, FL, 34236 is a Multi-Family Home for sale at $2,529,000 with 3,705 sqft and a lot size of 0.14. 1555 7TH STREET has 32 bedrooms, 16.0 baths, and was built in 1926. The property's zip code is 34236 which is in Sarasota, FL

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