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Tenant-Occupied Duplex Near Park
For Sale
$749,000

1850 7th St, Sarasota, FL 34236

Two units offer a combined three-bedroom, two-bathroom configuration in downtown Sarasota.

Property Size1,568 SF
Price / SF$477.68
Days on Market43

Property Features for 1850 7th St

General Information

Standard status Active
Size 1,568 SF
Property subtype Residential Income
Zoning DTN

Property Condition

Severity Teardown
Evidence tear down

Units

Unit Mix 1 x 2BR/1BA, 1 x 1BR/1BA
Multifamily Units 2

Additional Details

Public Transit Yes

Taxes and HOA fees

Annual Taxes $7,172
Listing Agency: PREMIER SOTHEBY'S INTERNATIONAL REALTY
Listed By: Frank Lambert · License #0345242
Source: Exprealty
Added: Jul 21 Changed: Aug 31 Last Checked: Aug 16 at 1:30PM

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 PREMIER SOTHEBY'S INTERNATIONAL REALTY

Investment Insights

Based on property information with market context.

This tenant-occupied duplex contains 1,568 square feet across two units with a combined total of 3 bedrooms and 2 bathrooms. The unit mix includes one 2-bedroom, 1-bath residence and one 1-bedroom, 1-bath residence. The property is zoned DTN and offers an existing multifamily configuration for continued rental use.

Located at 1850 7th St in Sarasota, the property sits across from Gillespie Park, a 10-acre wooded park with tennis courts, walking trails, a pond, playground, and dog park. Downtown amenities are nearby, including 65 restaurants within a 10-block radius, The Bay Trolley with service to Lido Beach, the Legacy Walking and Bicycle Trail, Payne Park, and the 53-acre Bay Park, located six blocks away.

Key Highlights

  • 1,568‑square‑foot duplex with two residential units
  • Unit mix includes 2 bedrooms/1 bath and 1 bedroom/1 bath
  • Combined configuration totals 3 bedrooms and 2 bathrooms

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Butcher (Bike/Boat/Book/etc) Store Clothing & Fashion Store Fish Market Florist Farmer's Market

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

6,319
Businesses Nearby

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

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Two units offer a combined three-bedroom, two-bathroom configuration in downtown Sarasota.
Where is this duplex located?
The property is located at 1850 7th St Sarasota, FL.
What is the asking price?
The asking price for this property is $749,000.
What are key features of this property?
This property features: 1,568‑square‑foot duplex with two residential units; Unit mix includes 2 bedrooms/1 bath and 1 bedroom/1 bath; Combined configuration totals 3 bedrooms and 2 bathrooms
More about this property
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