Active

$1,525,000

Features:
  • 5 Bedrooms
  • 2 Bathrooms
  • 1977 sq ft
Overview
  • ID: MFRA4634200
  • Bedrooms: 5
  • Bathrooms: 2
  • Size: 1977 sq ft
Property Details
Remarks
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
Financial Considerations
Price:
$1,525,000
HOA Fee:
N/A
Tax Amount:
$10002
Price per SqFt:
$771.37
Tax Legal Description:
LOT 1 BLK D HALL SUB and LOT 2 BLK D HALL SUB
Exterior Features
Lot Size:
15116
Lot Features:
N/A
Waterfront:
No
Parking Spaces:
N/A
Parking:
N/A
Roof:
Metal, Shingle
Pool:
No
Pool Features:
N/A
Interior Features
Bedrooms:
5
Bathrooms:
2
Heating:
Central, Electric
Cooling:
Central Air
Appliances:
N/A
Furnished:
No
Floor:
Tile
Levels:
One
Additional Features
Property Sub Type:
Duplex
Style:
N/A
Year Built:
1960
Construction Type:
Block, Stucco
Garage Spaces:
No
Covered Spaces:
N/A
Direction Faces:
N/A
Pets Allowed:
No
Special Condition:
None
Additional Features:
Awning(s), Courtyard, Fence, Other, Private Mailbox, Sidewalk
Additional Features 2:
Contact City of Sarasota for all leasing restrictions.
Map
  • Address
    1606 7TH ST
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