Active

$2,950,000

Features:
  • 4 Bedrooms
  • 4 Bathrooms
  • 4451 sq ft
Overview
  • ID: MFRA4651311
  • Bedrooms: 4
  • Bathrooms: 4
  • Size: 4451 sq ft
Property Details
Remarks
RARE MULTIPLE-SINGLE FAMILY RESIDENTIAL COMPOUND OPTION IN DOWNTOWN SARASOTA’S GILLESPIE PARK includes this stunning 2023 custom-built dual residence with all the latest technology. Located next-door, a TOTALLY renovated two bed/two bath Florida bungalow at 1765 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 guidelines. This contemporary two-story home is graciously designed for two households to reside together, yet independently, under one roof. With its attached THREE CAR GARAGE and paved rear-alley entrance (one of only a couple of blocks in Gillespie Park with an alley), EACH floor has a 2200+ sq. ft., ADA compliant, 2 bedroom/2 bath open floorplan with 10 ft. ceilings, and an abundance of natural light filtered through motorized window blinds. GROUND FLOOR RESIDENCE has both front and rear entrance foyers and a private walled courtyard with outdoor kitchen and hot tub. Its impressive kitchen features Thermador appliances, a natural gas six-burner cooktop and a commodious coffee/wine bar accessible from both the great room and courtyard for easy entertaining. Located inside the front entry is a second full bath and closet-less office. SECOND FLOOR RESIDENCE: Currently leased through March 2026 has a spacious kitchen and Bosch appliances, laundry room, and two ensuite bedrooms. A large partially-covered balcony brings the outdoors in and opens to the great room and large primary suite. Solar panels, currently connected to the second-floor unit, can be switched to power the ground floor if desired. Each of the two residences are attached to the garage and there is a wide interior stairwell and elevator to second floor. 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.
Financial Considerations
Price:
$2,950,000
HOA Fee:
N/A
Tax Amount:
$31682
Price per SqFt:
$662.77
Tax Legal Description:
ALL OF LOT 17 & PORTION OF LOT 19, BLK D DESC AS COM AT SE COR OF SAID LOT 19 TH W ALG N R/W LINE OF 7TH ST 38 FT FOR POB TH CONT W 62.50 FT TO SW COR OF SAID LOT 17 TH N 00-01-45 W ALG THE W LINE
Exterior Features
Lot Size:
7583
Lot Features:
N/A
Waterfront:
No
Parking Spaces:
N/A
Parking:
N/A
Roof:
Membrane
Pool:
No
Pool Features:
N/A
Interior Features
Bedrooms:
4
Bathrooms:
4
Heating:
Central, Electric
Cooling:
Central Air
Appliances:
N/A
Furnished:
No
Floor:
Tile
Levels:
N/A
Additional Features
Property Sub Type:
Duplex
Style:
N/A
Year Built:
2023
Construction Type:
Block, Stucco
Garage Spaces:
Yes
Covered Spaces:
N/A
Direction Faces:
N/A
Pets Allowed:
No
Special Condition:
None
Additional Features:
Balcony, Courtyard, Fence, Lighting, Outdoor Grill, Outdoor Kitchen, Outdoor Shower, Private Mailbox, Rain Gutters, Sidewalk, Sliding Doors
Additional Features 2:
See City of Sarasota Rental Guidelines
Map
  • Address
    1755 7TH ST
Contact a Professional
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  • Communication and Transparency
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