1738 7th St Sarasota, FL 34236
Downtown Sarasota Neighborhood
--
Bed
--
Bath
1,624
Sq Ft
9,690
Sq Ft Lot
Highlights
- Stone Countertops
- No HOA
- Storm Windows
- Booker High School Rated A-
- Family Room Off Kitchen
- 4-minute walk to Gillespie Park
About This Home
As of July 2025**Income-Producing Duplex ** Located in the highly sought-after Gillespie Park neighborhood, this duplex offers a prime opportunity for investors or homeowners seeking rental income. The area has quickly become one of Sarasota's most vibrant spots, with new restaurants, shops, multimillion-dollar homes, and the exciting new Sarasota Bay Park currently under development. This property sits on a spacious 75 x 130 lot and is being sold turnkey furnished, making it a hassle-free investment. Each unit features 2 bedrooms, 1 bathroom, an updated kitchen, and living room with sliding doors out to the back patio and yard. Additional highlights include impact windows throughout, separate laundry facilities for each unit, a fenced backyard for added privacy, and ample parking including one carport for each side. Recent updates include a newer roof and A/C (2018), electrical panel (2019), and repiped water supply lines. Whether you're looking for a stable rental income, a property to call home with additional income potential or combine both sides for one living space, this duplex offers endless possibilities in one of Sarasota’s most dynamic neighborhoods.
Last Agent to Sell the Property
MICHAEL SAUNDERS & COMPANY Brokerage Phone: 941-951-6660 License #3252897 Listed on: 01/02/2025
Last Buyer's Agent
MICHAEL SAUNDERS & COMPANY Brokerage Phone: 941-951-6660 License #3252897 Listed on: 01/02/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $10,233
Year Built
- Built in 1972
Lot Details
- 9,690 Sq Ft Lot
- Landscaped
- Level Lot
Home Design
- Duplex
- Slab Foundation
- Block Exterior
Interior Spaces
- 1,624 Sq Ft Home
- Sliding Doors
- Family Room Off Kitchen
- Storage Room
- Storm Windows
Kitchen
- Convection Oven
- Range
- Freezer
- Dishwasher
- Stone Countertops
Flooring
- Tile
- Vinyl
Laundry
- Laundry Located Outside
- Dryer
- Washer
Parking
- 2 Carport Spaces
- Driveway
Utilities
- Central Heating and Cooling System
- Electric Water Heater
Listing and Financial Details
- Visit Down Payment Resource Website
- Legal Lot and Block 6 / E
- Assessor Parcel Number 2026070091
Community Details
Overview
- No Home Owners Association
- 2,240 Sq Ft Building
- Schindler Sub Community
- Schindler Sub Subdivision
Pet Policy
- Pets Allowed
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 2, 2025
Closed on
Jul 18, 2025
Sold by
Wade Toby Jeffery and Desantis Nicole Renee
Bought by
Osprey Avenue Sarasota Llc
Seller's Agent
Barbara May
MICHAEL SAUNDERS & COMPANY
Buyer's Agent
Barbara May
MICHAEL SAUNDERS & COMPANY
List Price
$825,000
Sold Price
$750,000
Premium/Discount to List
-$75,000
-9.09%
Views
35
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.19%
Original Mortgage
$2,350,000
Outstanding Balance
$2,350,000
Interest Rate
6.85%
Mortgage Type
Construction
Estimated Equity
-$1,583,261
Purchase Details
Listed on
Sep 26, 2022
Closed on
Dec 2, 2022
Sold by
Metcalf Megan E
Bought by
Wade Toby Jeffery and Desantis Nicole Renee
Seller's Agent
Sarah Raynor
PREFERRED SHORE LLC
Buyer's Agent
Barbara May
MICHAEL SAUNDERS & COMPANY
List Price
$719,000
Sold Price
$701,000
Premium/Discount to List
-$18,000
-2.5%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.60%
Original Mortgage
$560,000
Interest Rate
5.38%
Mortgage Type
New Conventional
Purchase Details
Closed on
Nov 18, 2011
Sold by
Ds Development Llc
Bought by
Metcalf Megan E
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,591
Interest Rate
3.87%
Mortgage Type
FHA
Purchase Details
Closed on
Jul 15, 2005
Sold by
Castro Pablo E
Bought by
Ds Development Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,000
Interest Rate
5.54%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Feb 13, 2004
Sold by
Castro Pablo E and Brodzik Jill
Bought by
Castro Pablos E
Purchase Details
Closed on
Aug 22, 2003
Sold by
Harkay Peter L and Harkay Magda F
Bought by
Castro Pablo E
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$134,000
Interest Rate
5.52%
Purchase Details
Closed on
Jul 21, 2000
Sold by
Murphy Kevin J
Bought by
Harkay Peter L and Harkay Magda F
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,600
Interest Rate
8.23%
Similar Homes in Sarasota, FL
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $750,000 | None Listed On Document | |
| Warranty Deed | $701,000 | -- | |
| Warranty Deed | $100,000 | Attorney | |
| Warranty Deed | $400,000 | -- | |
| Quit Claim Deed | -- | -- | |
| Warranty Deed | $167,500 | -- | |
| Warranty Deed | $108,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $2,350,000 | Construction | |
| Previous Owner | $560,000 | New Conventional | |
| Previous Owner | $92,591 | FHA | |
| Previous Owner | $320,000 | Purchase Money Mortgage | |
| Previous Owner | $50,000 | Unknown | |
| Previous Owner | $134,000 | No Value Available | |
| Previous Owner | $75,600 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/18/2025 07/18/25 | Sold | $750,000 | -3.7% | $462 / Sq Ft |
| 05/18/2025 05/18/25 | Pending | -- | -- | -- |
| 05/02/2025 05/02/25 | Price Changed | $779,000 | -2.5% | $480 / Sq Ft |
| 04/21/2025 04/21/25 | Price Changed | $799,000 | -3.2% | $492 / Sq Ft |
| 01/02/2025 01/02/25 | For Sale | $825,000 | +17.7% | $508 / Sq Ft |
| 12/02/2022 12/02/22 | Sold | $701,000 | -2.5% | $432 / Sq Ft |
| 10/25/2022 10/25/22 | Pending | -- | -- | -- |
| 09/26/2022 09/26/22 | For Sale | $719,000 | -- | $443 / Sq Ft |
Source: Stellar MLS
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $10,233 | $741,510 | -- | -- |
| 2023 | $10,233 | $674,100 | $442,600 | $231,500 |
| 2022 | $7,600 | $587,500 | $430,900 | $156,600 |
| 2021 | $6,370 | $406,600 | $251,300 | $155,300 |
| 2020 | $6,133 | $394,000 | $263,100 | $130,900 |
| 2019 | $3,549 | $264,183 | $0 | $0 |
| 2018 | $2,994 | $223,629 | $0 | $0 |
| 2017 | $2,521 | $175,922 | $0 | $0 |
| 2016 | $2,419 | $207,900 | $131,600 | $76,300 |
| 2015 | $2,279 | $178,800 | $114,400 | $64,400 |
| 2014 | $2,203 | $139,137 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Barbara May
Seller's Agent in 2025
Barbara May
Michael Saunders
(941) 312-1302
27 in this area
148 Total Sales
-
Fred Sassen
F
Seller Co-Listing Agent in 2025
Fred Sassen
Michael Saunders
(941) 951-6660
16 in this area
88 Total Sales
-
Sarah Raynor
Seller's Agent in 2022
Sarah Raynor
PREFERRED SHORE LLC
3 in this area
19 Total Sales
Map
Source: Stellar MLS
MLS Number: A4634070
APN: 2026-07-0091
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Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393
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