Residential Property - Single Family Residence in Sarasota
Listing Price: $2,516,000 (Mortgage Calculator →)
Description of Property
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.
Property Details At A Glance
Property Type: Residential
Property Use or Sub Type: Single Family Residence
City: Sarasota
County: Sarasota
Subdivision: Halls Sub James S
Bedrooms: 2
Bathrooms: 1
Sq. Ft. Gross: 1,068
Sq. Ft. Living Area: 860
Cost per (heated) sqare foot: $2,926
Year built: 1925
Annual Tax: $5,080
Taxes and fees can change periodically, and other fees may apply. Please check with your Suncoasteam agent for more details.
Appliances: Washer
Fireplace: Yes
Fireplace Features: Masonry
Window Features: Wood Frames
Additional Rooms: Storage Rooms
Flooring: Hardwood
Schools
Elementary School: Emma E. Booker Elementary
Middle/Junior High School: Booker Middle
High School: Booker High
Pool & Waterfront Info
Private Pool: Not specified
Water Name: SARASOTA BAYFRONT
Exterior & Construction
Architectural Style: Ranch
Construction: Wood Siding
Foundation: Stilt/On Piling
Roof: Shingle
Exterior Features: Sidewalk
Parking Features: Tandem
Floors Total: 1
Floors in Unit: One
Cooling: Zoned
Heating & Fuel: Other
Patio & Porch Features: Screened
Security Features: Smoke Detector(s)
Other Structures: Other
View: Trees/Woods
Fencing: Wood
Sewer: Other
Water Source: None
Lot Information
Lot Features: Sidewalk
Lot Size (acres): 0.13
Lot Size (sq. ft.): 5,806 square feet
Lot Dimensions: 150 x 157.03
Road Frontage: Street Paved
Front Exposure: South
Additional Parcels: Yes
Additional Parcels Description: 2026-06-0002, 2026-06-0008, 2026-06-0001
Legal Description & Other Information
Financing Available: Conventional
Parcel Number: 2026060007
Zoning: DTE
Pets Allowed/Pet Policies: Yes
Tax Legal Desc.: N 72 FT OF FOLLOWING DESCRIBED PROPERTY, LOT 5 & E 30 FT OF LOT 6 BLK A HALL SUB
Section: 19
Range: 18E
Listing courtesy of RE/MAX ALLIANCE GROUP. The information relating to real estate for sale on this website comes in part from the My Florida Regional MLS DBA Stellar MLS. This information is provided exclusively for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS.