1606 7TH ST

Discover a unique and outstanding investment opportunity nestled in the heart of Sarasota's sought-after Gillespie Park neighborhood. This remarkable collection consists of two parcels featuring two single-family homes, one with three bedrooms and the other with two. This is an incredible opportunity to own nearly 0.35 acres of Prime Downtown Sarasota Real Estate. 15,116 square feet of land zoned Downtown Edge (DTE). DTE zoning allows for up to 25 units an acre. The two parcels offer a wealth of options for the discerning investor or homeowner. Live in the one building and generate income by renting out the other, or explore the potential to develop new in this fantastic location. Gillespie Park is well-known for its tranquil atmosphere, friendly community, and proximity to Downtown Sarasota's bustling array of shops, restaurants, arts, and entertainment options. This is a rare chance to own a piece of Sarasota's charm with the added flexibility and potential that these parcels offer. Option to purchase 3 lots/4 buildings: See MLS #A4618354

5
beds

2
baths

1,977 Sq.Ft. LIVING AREA

0.35 Acres lot

Features & Amenities

Interior

total bedrooms5
Total bathrooms2
Laundry room Other
Flooring Tile
Fireplace Living Room
other interior Features Built-in Features, Ceiling Fans(s), Other, Primary Bedroom Main Floor

Area & Lot

Status For Sale
Living Area1,977 Sq.Ft.
Lot Area0.35 Acres
MLS® IDA4634200
TypeMulti-Family
YEAR BUILT1960
NeighborhoodSarasota

Exterior

STORIES1
water SourcePublic
utilitiesCable Available, Electricity Available, Electricity Connected, Natural Gas Available, Other, Public, Sewer Available, Sewer Connected, Water Available, Water Connected
roofMetal, Shingle
HEAT TYPECentral, Electric
AIR CONDITIONINGCentral Air
sewerPublic Sewer
SubstructureSlab
other exterior FeaturesAwning(s), Courtyard, Fence, Other, Private Mailbox, Sidewalk

Financial

Sales Price$1,525,000
Real Estate Tax $10,002/yr
Zoning DTE

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1606 7TH ST

$1,525,000

Ryan Miller

Features & Amenities

Interior

Area & Lot

Exterior

Financial

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Sarasota

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Ryan Miller

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