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For sale
  • $2,529,000

    1555 7th St, Sarasota, FL 34236

    32beds
    16baths
    3,705sqft
    : 
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    Quadruplex, Multi Family
    Built in 1926
    -- sqft lot
    $508,600 Zestimate®
    $683/sqft
    $-- HOA

    What's special

    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!
    3 days
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    116
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    Zillow last checked:

    Listing updated:

    Listed by:

    Robert T Anderson 941-350-8671,

    RE/MAX ALLIANCE GROUP 941-954-5454

    Source: Stellar MLS,MLS#: A4699070MLS LogoOriginating MLS: Sarasota - Manatee

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 32
      • Bathrooms: 16
      Heating
      • Electric, Heat Pump, Other, Zoned
      Cooling
      • Central Air, Other, Zoned
      Appliances
      • Included: Cooktop, Dryer, Microwave, Other, Range, Range Hood, Refrigerator, Washer
      • Laundry: Inside, Laundry Room, Other
      Features
      • Ceiling Fan(s), High Ceilings, Open Floorplan, Other, Primary Bedroom Main Floor, Solid Surface Counters, Solid Wood Cabinets, Thermostat, Vaulted Ceiling(s)
      • Flooring: Ceramic Tile, Other, Tile, Vinyl, Hardwood
      • Basement: Other
      • Has fireplace: No
      • Common walls with other units/homes: Corner Unit,End Unit
      Interior area
      • Total structure area: 4,592
      • Total interior livable area: 3,705 sqft

      Property

      Parking
      • Parking features: Assigned, Boat, Deeded, Driveway, Ground Level, Guest, Off Street, On Street, Open, Other, Oversized, Parking Pad, Reserved, RV Access/Parking, Tandem
      • Has uncovered spaces: Yes
      Features
      • Levels: One
      • Stories: 1
      • Patio & porch: Covered, Deck, Front Porch, Other, Screened
      • Exterior features: Garden, Other, Private Entrance, Private Mailbox, Private Yard, Sidewalk, Storage
      • Pool features: Other
      • Spa features: Other
      • Fencing: Fenced
      • Has view: Yes
      • View description: City, Garden, Park/Greenbelt, Trees/Woods
      Lot
      • Size: 5,942 Square Feet
      • Dimensions: 150.00 x 157.03
      • Features: Cul-De-Sac, Greenbelt, City Lot, Landscaped, Level, Near Golf Course, Near Public Transit, Sidewalk, Street Dead-End, Street One Way
      Details
      • Additional structures: Guest House, Other, Storage
      • Additional parcels included: 4
      • Parcel number: 2026060001
      • Zoning: DTE
      • Special conditions: None

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Quadruplex, Multi Family
      • Attached to another structure: Yes
      Materials
      • Block, Brick, Concrete, Other, Wood Frame, Wood Siding
      • Foundation: Crawlspace, Other, Raised
      • Roof: Metal,Other,Shingle
      Condition
      • Completed
      • New construction: No
      • Year built: 1926

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: Cable Connected, Electricity Connected, Fiber Optics, Fire Hydrant, Other, Public, Sewer Connected, Street Lights, Water Connected

      Community & HOA

      Community
      • Features: Dog Park, Playground, Sidewalks
      • Pet fee: $0 monthly
      • Subdivision: HALLS SUB JAMES S
      HOA
      • Has HOA: No
      • HOA name: Robert T. Anderson Jr.
      • HOA phone: 941-350-8671
      Location
      • Region: Sarasota

      Financial & listing details

      • Price per square foot: $683/sqft
      • Tax assessed value: $380,200
      • Annual tax amount: $5,845
      • Date on market: 7/9/2026
      • Cumulative days on market: 4 days
      • Listing terms: Cash,Conventional,Other,Owner May Carry,Private Financing Available
      • Ownership: Fee Simple
      • Lease term: 12 Months
      • Total actual rent: 9664
      • Tenant pays: Electricity, Water
      • Electric utility on property: Yes
      • Road surface type: Paved, Asphalt, Concrete, Dirt, Gravel, Other

        Estimated market value

        $508,600

        $437,000 - $590,000

        $2,264/mo

        Price history

        DateEventPrice
        7/9/2026Listed for sale$2,529,000+406.8%$683/sqft
        Source: Stellar MLS #A4699070 Report a problem
        8/5/2024Listing removed$499,000+24.8%$135/sqft
        Source: Stellar MLS #A4502298 Report a problem
        8/4/2021Sold$400,000-19.8%$108/sqft
        Source: Stellar MLS #A4502298 Report a problem
        6/20/2021Pending sale$499,000$135/sqft
        Source: Stellar MLS #A4502298 Report a problem
        5/28/2021Listed for sale$499,000+1021.3%$135/sqft
        Source: Stellar MLS #A4502298 Report a problem
        2/9/2020Listing removed$1,300
        Source: Zillow Rental Manager Report a problem
        1/29/2020Listed for rent$1,300
        Source: Zillow Rental Manager Report a problem
        6/29/2019Listing removed$1,300
        Source: Zillow Rental Manager Report a problem
        6/23/2019Listed for rent$1,300
        Source: Zillow Rental Manager Report a problem
        11/25/2003Sold$44,500+64.8%$12/sqft
        Source: Public Record Report a problem
        12/18/2000Sold$27,000$7/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$5,846 +12.1%$378,510 +10%
        2024$5,216 -1.6%$344,100 -1.3%
        2023$5,300 -5.2%$348,700 -4.9%
        2022$5,591 +22.9%$366,600 +58%
        2021$4,551 +11.7%$232,091 +10%
        2020$4,074 +8.2%$210,992 +10%
        2019$3,764 $191,811 +10%
        2018$3,764 +4.5%$174,374 +10%
        2017$3,601 +36.7%$158,522 -20.6%
        2016$2,635 $199,600 +18.5%
        2015$2,635 +22%$168,500 +48.3%
        2014$2,160 -6.3%$113,630
        2013$2,305 +22.7%$113,630 +10%
        2012$1,878 +3.7%$103,300 +8.8%
        2011$1,811 +13.6%$94,930 +10%
        2010$1,595 -52.9%$86,300 -39.1%
        2009$3,382 $141,700 -31.3%
        2008$3,382 -20.6%$206,400 -20.6%
        2007$4,259 $260,100 +2.8%
        2006-- $253,000 +61%
        2005-- $157,100 +7.8%
        2004$2,717 +22.1%$145,800 +27.9%
        2003$2,226 +620.8%$114,000 +655%
        2002$309 +17.3%$15,100 +14.4%
        2001$263 -10.9%$13,200 -11.4%
        2000$296 $14,900
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: Rosemary District

        Getting around

        91 / 100
        Walker's Paradise
        47 / 100
        Some Transit
        73 / 100
        Very Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Alta Vista Elementary
        • Middle: Booker Middle
        • High: Booker High

        Source: Stellar MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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