Four-Home Rental
For Sale
$2,529,000
1555 7TH STREET, Sarasota, FL 34236
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 Market53
Property Features for 1555 7TH STREET
General Information
Standard status
Active
Size
3,705 SF
Lot size
0.53 Acres
Property subtype
Quadruplex
Occupancy
100%
Amenities
0.14 acres, Dimensions: 150.00 X 157.03, Cul-De-Sac, Greenbelt, City Limits, Landscaped, Level, Near Golf Course, Near Public Transit, Sidewalk, Street Dead-End, Street One Way, Paved
Metal, Shingle
Public Sewer
Additional parcels description:, Parcel Number: 2026060001, Public Survey Range: 18E, Public Survey Section: 19, Annual Amount: $5,845.96, Tax Block: A, Tax Book Number: 1-27, Legal Description: LOT 7 & W 20 FT OF LOT 6 LESS N 72 FT THEREOF BLK A HALL SUB, Lot: 7, Year: 2025, Zoning: DTE
Ceramic Tile, Tile, Vinyl, Wood
Gross Income: $116,000
Central Air, Zoned
Electric, Heat Pump, Zoned
Inside, Laundry Room
Listing ID: MFRA4699070, Standard Status: Active, MLS Status: Active, Property Subtype: Quadruplex, On market as of 2026-07-09, 1 day on market, Special Conditions: None
Assigned, Boat, Deeded, Driveway, Ground Level, Guest, Off Street, On Street, Open, Oversized, Parking Pad, Reserved, RV Access/Parking, Tandem
Elementary School: Alta Vista Elementary, Middle School: Booker Middle, High School: Booker High
Blinds, Wood Frames
32 total bedrooms
Built in 1926, Living area: 3705, Living area units: Square Feet, Levels: One, Construction Materials: Block, Brick, Concrete, Frame, Wood Siding
Subdivision: HALLS SUB JAMES S, MLS Area (Major): 34236 - Sarasota, County/Parish: Sarasota
Completed, Other structures: Guest House, Storage, City, Garden, Park/Greenbelt, Trees/Woods
16 total bathrooms
Dog Park, Playground, Sidewalks, Street Lights
Cable Connected, Electricity Connected, Fiber Optics, Fire Hydrant, Public, Sewer Connected, Water Connected, Water Source: Public, 4 separate electric meters, 4 separate water meters
Crawlspace, Stilt/On Piling
Close Of Escrow
Allowed: Cats OK, Dogs OK, Number Limit, Size Limit
Electricity, Water
Road Responsibility: Public Maintained Road, Road Surface: Asphalt, Concrete, Dirt, Gravel, Paved
Patio/Porch Features: Covered, Deck, Front Porch, Screened, Fence, Garden, Private Entrance, Private Mailbox, Private Yard, Sidewalk, Storage
Ceiling Fans(s), High Ceilings, Open Floorplan, Primary Bedroom Main Floor, Solid Surface Counters, Solid Wood Cabinets, Thermostat, Vaulted Ceiling(s)
Cooktop, Dryer, Microwave, Range, Range Hood, Refrigerator, Washer, Other equipment: Private Entrance, Private Yard
Association Fee: $0
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: Aug 28
Last Checked: Aug 29 at 10:17AM
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
Property Profile
Current Use
Lease Details
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
6,210
Businesses Nearby
Explore this area
Business Placement
Demographics for 34236, FL
14,083
Population
11,661
Households
1.2
Avg Household Size
66
Median Age
62%
College-Educated
96%
High-School Grad
3.6 sq mi
ZIP Area
3,912
Density / Sq Mi
$96,400
Median Household Income
$48,828
Median Earnings
$2,010
Median Rent
$917,100
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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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.
