Four-Home Rental
1555 7TH STREET Sarasota, FL 34236
For Sale
$2,529,000
Four contiguous rental homes in the Rosemary District are currently leased on an annual basis.
Property Size3,705 SF
Lot Size0.53 Acres
Price / SF$682.59
Days on Market19
Property Features for 1555 7TH STREET
General Information
Standard status
Active
Size
3,705 SF
Lot size
0.53 Acres
Property subtype
Quadruplex
Building Details
Year Built
1926
Listing Agency:
RE/MAX ALLIANCE GROUP
(941) 954-5454
Listed By:
Robert T Anderson · License #3054681
Source:
Miharaandassociates
Added: Jul 9
Changed: Jul 25
Last Checked: Jul 27 at 5:11AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of RE/MAX ALLIANCE GROUP
Investment Insights
Based on property information with market context.
The property consists of four contiguous residential rental homes offered as a single portfolio. All four homes are currently rented on an annual basis, with an estimated current rent roll of $100,000+.
The homes are located in the City of Sarasota’s Rosemary District. Public remarks indicate the zoning allows short-term weekly rentals, offering a potential option to operate the existing homes in a short-term rental format.
The land size is estimated at approximately 23,000 square feet (+/-). Remarks also describe development upside within the Rosemary zoning context, stating it may allow up to 7 stories and 30+ units. The seller is considering owner financing and/or selling less than all four homes, and the property is noted as easy to show with a sign on site.
The homes are located in the City of Sarasota’s Rosemary District. Public remarks indicate the zoning allows short-term weekly rentals, offering a potential option to operate the existing homes in a short-term rental format.
The land size is estimated at approximately 23,000 square feet (+/-). Remarks also describe development upside within the Rosemary zoning context, stating it may allow up to 7 stories and 30+ units. The seller is considering owner financing and/or selling less than all four homes, and the property is noted as easy to show with a sign on site.
Key Highlights
- Four contiguous rental homes in Sarasota’s Rosemary District are currently leased on an annual basis.
- Estimated 23,000 SF +/- of land with four rental homes, built in 1926.
- Estimated rent roll of $100K +/- with all four homes rented annually.
Property Analytics
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Quadplex - Four contiguous rental homes in the Rosemary District are currently leased on an annual basis.
Where is this quadplex located?
The property is located at 1555 7TH STREET Sarasota, FL.
What is the asking price?
The asking price for this property is $2,529,000.
What are key features of this property?
This property features: Four contiguous rental homes in Sarasota’s Rosemary District are currently leased on an annual basis.; Estimated 23,000 SF +/- of land with four rental homes, built in 1926.; Estimated rent roll of $100K +/- with all four homes rented annually.
