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Isaac Loviglio

opentoclose@livingluxury.homes +1(941) 241-2581

$2,529,000

Est. payment - /mo

32 Beds

16 Baths

3,705 SqFt

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Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 3,705 sqft

Price per Sqft $682

Subdivision Halls Sub James S

MLS Listing ID A4699070

Bedrooms 32

Construction Status Completed

HOA Y/N No

Year Built 1926

Annual Tax Amount $5,845

Lot Size 6,098 Sqft

Acres 0.14

Lot Dimensions 150.00 X 157.03

Property Sub-Type Quadruplex

Source Stellar MLS

Property Description

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!

Location

State FL

County Sarasota

Community Halls Sub James S

Area 34236 - Sarasota

Zoning DTE

Interior

Interior Features Ceiling Fans(s), High Ceilings, Open Floorplan, Other, Primary Bedroom Main Floor, Solid Surface Counters, Solid Wood Cabinets, Thermostat, Vaulted Ceiling(s)

Heating Electric, Heat Pump, Other, Zoned

Cooling Central Air, Other, Zoned

Flooring Ceramic Tile, Other, Tile, Vinyl, Wood

Furnishings Unfurnished

Fireplace false

Appliance Cooktop, Dryer, Microwave, Other, Range, Range Hood, Refrigerator, Washer

Laundry Inside, Laundry Room, Other

Exterior

Exterior Feature Fence, 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 Access/Parking, Tandem

Pool Other

Community Features Dog Park, Playground, Sidewalks, Street Lights

Utilities Available Cable Connected, Electricity Connected, Fiber Optics, Fire Hydrant, Other, Public, Sewer Connected, Water Connected

Water Access No

View City, Garden, Park/Greenbelt, Trees/Woods

Roof Type Metal,Other,Shingle

Porch Covered, Deck, Front Porch, Other, Screened

Attached Garage false

Garage false

Private Pool No

Building

Lot Description Cul-De-Sac, Greenbelt, City Limits, Landscaped, Level, Near Golf Course, Near Public Transit, Sidewalk, Street Dead-End, Street One Way, Paved

Entry Level One

Foundation Crawlspace, Other, Stilt/On Piling

Lot Size Range 1/2 to less than 1

Sewer Public Sewer

Water Public

Structure Type Block,Brick,Concrete,Other,Frame,Wood Siding

New Construction false

Construction Status Completed

Schools

Elementary Schools Alta Vista Elementary

Middle Schools Booker Middle

High Schools Booker High

Others

Pets Allowed Cats OK, Dogs OK, Number Limit, Size Limit

Senior Community No

Pet Size Extra Large (101+ Lbs.)

Ownership Fee Simple

Acceptable Financing Cash, Conventional, Other, Owner Financing, Private Financing Available

Membership Fee Required None

Listing Terms Cash, Conventional, Other, Owner Financing, Private Financing Available

Num of Pet 2

Special Listing Condition None

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Listed by Robert T Anderson RE/MAX ALLIANCE GROUP

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Isaac Loviglio

+1(941) 241-2581

Agent | License ID: SL3466395

Agent License ID: SL3466395

1555 7TH ST Sarasota, FL 34236

Isaac Loviglio

Key Details

Location

Interior

Exterior

Building

Schools

Others

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1555 7TH ST