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1569 7th Street, Sarasota, FL 34236.
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 property - homes in the sought after City of Sarasota Rosemary District. The current rent roll is estimated at $100K +/-, all homes (4) currently rented on an annual basis. The zoning allows for short term weekly rentals, come and set up your own short term rental compound with estimated average daily rates @ $50.00 - $100.00 +/-. Here is another reason to consider: owner will consider owner financing and/or selling off lees then all four homes. There are just not many opportunities in the City of Sarasota to secure rezoned lands with the opportunity to use the current as-is property to secure carry income while waiting for the right timing to develop. Upside develop in the Rosemary Zoning: up to 7-stories with up to 30+ units.
MLS ID: A4625551
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1569 7th Street, Sarasota, FL 34236.
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$ 9,643.13 per month $8,486.05 Principal & Interest $423.25 Property Tax $733.83 Homeowner's InsuranceSarasota, FL is a cultural gem. Once home to the Ringling Brothers Circus, Sarasota boasts a rich arts scene that brings people from all over the area to enjoy world-class theater, music, and other performing arts. Sarasota is also a haven with spectacular scenery, turquoise water and white sandy beaches. It offers a delightful downtown with a variety of small boutiques and exceptional restaurants. With its dynamic culture and arts scene and incredible natural beauty, Sarasota is a wonderful place to call “home.”
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