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!
Property Details
Price:
$2,529,000
MLS #:
A4699070
Status:
Active
Beds:
32
Baths:
16
Type:
Multi Family
Subtype:
Quadruplex
Subdivision:
HALLS SUB JAMES S
Neighborhood:
34236sarasota
Listed Date:
Jul 9, 2026
Finished Sq Ft:
3,705
Total Sq Ft:
4,592
Lot Size:
5,942 sqft / 0.14 acres (approx)
Year Built:
1926
Units:
4
See this Listing
Schools
Elementary School:
Alta Vista Elementary
Middle School:
Booker Middle
High School:
Booker High
Interior
Appliances
Cooktop, Dryer, Microwave, Other, Range, Range Hood, Refrigerator, Washer
Cooling
Central Air, Other, Zoned
Flooring
Ceramic Tile, Other, Tile, Vinyl, Hardwood
Heating
Electric, Heat Pump, Other, Zoned
Interior Features
Ceiling Fan(s), High Ceilings, Open Floorplan, Other, Primary Bedroom Main Floor, Solid Surface Counters, Solid Wood Cabinets, Thermostat, Vaulted Ceiling(s)
Laundry Features
Inside, Laundry Room, Other
Levels
One
Exterior
Common Walls
Corner Unit, End Unit
Community Features
Dog Park, Playground, Sidewalks
Construction Materials
Block, Brick, Concrete, Other, Wood Frame, Wood Siding
Exterior Features
Fenced, Garden, Other, Private Entrance, Private Mailbox, Private Yard, Sidewalk, Storage
Lot Features
Cul-De-Sac, Greenbelt, City Lot, Landscaped, Level, Near Golf Course, Near Public Transit, Sidewalk, Street Dead-End, Street One Way
Open Parking YN
1
Other Structures
Guest House, Other, Storage
Parking Features
Assigned, Boat, Deeded, Driveway, Ground Level, Guest, Off Street, On Street, Open, Other, Oversized, Parking Pad, Reserved, RV Parking, Tandem
Patio And Porch Features
Covered, Deck, Front Porch, Other, Screened
Roof
Metal, Other, Shingle
Spa Features
Other
View
City, Garden, Park/Greenbelt, Trees/Woods
Window Features
Blinds, Wood Frames
Financial
HOA Name
Robert T. Anderson Jr.
HOA Phone
941-350-8671
Tax Year
2025
Taxes
$5,846
Map
Community
- Address1555 7TH STREET SARASOTA FL
- SubdivisionHALLS SUB JAMES S
- CitySARASOTA
- CountySarasota
- Zip Code34236
Market Summary
Current real estate data for Multi Family in SARASOTA as of Oct 19, 2026
50
Multi Family Listed
125
Avg DOM
526
Avg $ / SqFt
$1,127,315
Avg List Price
Property Summary
- Located in the HALLS SUB JAMES S subdivision, 1555 7TH STREET SARASOTA FL is a Multi Family for sale in SARASOTA, FL, 34236. It is listed for $2,529,000 To schedule a showing of MLS#a4699070 at 1555 7TH STREET in SARASOTA, FL, contact your InvestPro Properties, Inc. agent at 561-203-7022.
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Courtesy of RE/MAX ALLIANCE GROUP. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the Orlando/Tampa – FL. Detailed information about real estate listings held by brokerage firms other than InvestPro Properties, Inc. include the name of the listing broker. Neither the listing company nor InvestPro Properties, Inc. shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2026. Orlando/Tampa – FL. All rights reserved. 1555 7TH STREET
SARASOTA, FL