Listing Details for MLS # A4645891
1765 7th Street, Sarasota, Fl 34236

Residential Property - Single Family Residence in Sarasota

Listing Price: $540,000Days on Market: 1

Description of Property

RARE MULTIPLE-SINGLE FAMILY RESIDENTIAL COMPOUND OPTION IN DOWNTOWN SARASOTA’S GILLESPIE PARK includes this two bed/two bath Florida bungalow TOTALLY renovated in 2020. Located next-door, the 2023 custom-built dual residence of 1755-1757 7th Street is also for sale. Purchasing these two properties together would create a unique ADA compliant three home compound or investment complex within the City of Sarasota’s short term rental policy. This property was built in 1969 with a total to-the-studs professional renovation in 2020 of masonry, interior/exterior doors and paint, impact windows, new porch, new roof, interior utility room, new drywall, plumbing + electrical fixtures, increased electrical service, new light circuits, tankless hot water heater, washer/dryer, bathrooms, kitchen and appliances. New tile throughout. This is an unusual opportunity to live and/or invest in Downtown Sarasota’s vibrant neighborhood of Gillespie Park (with dog run and tennis courts), while just steps from the Rosemary Arts District, Downtown restaurants, shops and theaters.The average asking price for a 2 bedroom/2 bath single family residence in this Zip code is $1,709,331. This single family residence is listed at about 32% of the average asking price. This is the only 2 bedroom/2 bath single family residence between $450,000 and $600,000 currently listed for sale in this Zip code.