Video tour
$10,000 Closing Credit¹
Ryan Skrzypkowski, Listing Office: COLDWELL BANKER REALTY
$10,000
closing credit¹
1606 7th St Sarasota, FL 34236
$1,525,000 List price
$10,000
Closing credit¹
5 beds
2 baths
1,977 sqft
0.3 acres
$771 / sqft
Multi-Family
Property details
About 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
Highlights
Home typeDuplex
HeatingCentral, Electric
StatusActive
CoolingCentral Air
Size1,977 sqft
Lot size0.35 Acres
Year built1960
MLS #A4634200
FireplaceLiving Room
Summary
- MLS Number: A4634200
- MLS Name: MFRMLS
- Office Name: HARRY ROBBINS ASSOC INC
- Office Phone: (941) 924-8346
- Listing Agent: Ryan Miller
Listings courtesy of Stellar MLS as distributed by MLS GRID.
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Copyright 2025 My Florida Regional Multiple Listing Service DBA Stellar MLS. The real estate listing data marked with this icon comes from the IDX program of the Stellar MLS system. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided exclusively for consumers’ personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Properties displayed may be listed or sold by various participants in the MLS.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/21/2025, 10:49:51 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$1,525,000
1606 7th St
$10,000
closing credit¹
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Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Sep 08, 2003 | Home Sold | $140,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2020 | $151,800 | $617 |
| 2019 | $156,500 | $2,682 |
| 2018 | $175,561 | $3,226 |
| 2017 | $198,900 | $3,046 |
History based on county public records data.
Nearby schools
4
Emma E. Booker Elementary School
Public District PK-5
1.4 mi
•2350 Dr Martin Luther King Way
4
Tuttle Elementary School
Public District PK-5
1.6 mi
•2863 8th St
7
Bay Haven School of Basics Plus
Public Magnet KG-5
1.6 mi
•2901 W Tamiami Cir
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $31,966. Most Sarasota, FL residents have annual incomes less than $<35k. Residents typically live in single, no kids family. Most residents in this area have high school diploma education.
How much money do the neighbors make?
58%
<35k
37%
35k-100k
5%
100k-200k
0%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Doctorate
What types of families live nearby?
59%
Single, No Kids
18%
Single, with Kids
10%
Married, No Kids
13%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
17%
<11 yrs old
7%
12-17 yrs old
37%
18-34 yrs old
35%
35-64 yrs old
4%
65+ yrs old
What do the neighbors do for fun?
Pro Boxing
Minor League Baseball Games
Soccer
Where do the neighbors shop?
Burlington
New York & Company
Forever 21
Where do the neighbors go to eat?
Popeyes
Chick-fil-A
Dominos Pizza
What do the neighbors drive?
Dodge
Kia
Mazda
What do the neighbors listen to?
Urban Contemporary
Talk/Personality
Rhythmic Contemporary Hits
All data provided by Home Junction and Claritas
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This home is located at 1606 7th St in Sarasota, FL and zip code 34236 in the Gillespie Park neighborhood. This 1,977 square foot home, which was built in 1960, sits on a 0.35 acre lot. Features: 5 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since January 14, 2025 and is currently priced at $1,525,000.
In December 2024, from all listings sold in Sarasota, FL there were more than 18 sold above asking price, over 307 sold below and more than 76 were sold right at the asked price. In December 2024 in Sarasota, FL there were 8.9% more homes for sale than in November. In December 2024, listings were on the market for 62 days. During the same period, the median list price in this real estate market was $513,637.
From Rocket Homes Real Estate and based on county public records data.