Active

$650,000

Features:
  • 4 Bedrooms
  • 2 Bathrooms
  • 1569 sq ft
Overview
  • ID: MFRA4651812
  • Bedrooms: 4
  • Bathrooms: 2
  • Size: 1569 sq ft
Property Details
Remarks
Prime Redevelopment Opportunity in Gillespie Park Currently configured as a duplex, this property offers excellent potential to be transformed into a spacious single-family home or an income-generating multifamily residence. Located in the desirable Gillespie Park neighborhood, just north of downtown Sarasota, this DTN-zoned lot is ideal for investors or homeowners seeking value and location. Each unit features 2 bedrooms and 1 bathroom, with individual water and electric meters and in-unit laundry. One unit is currently leased month-to-month at $1,600, while the other is vacant and undergoing renovation—offering immediate upside potential. Don't miss this chance to invest in one of Sarasota's most sought-after neighborhoods with strong rental demand and future development promise.
Financial Considerations
Price:
$650,000
HOA Fee:
N/A
Tax Amount:
$5864
Price per SqFt:
$414.28
Tax Legal Description:
LOT 8 BLK D SCHINDLER SUB
Exterior Features
Lot Size:
7610
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:
2
Heating:
Electric
Cooling:
Wall/Window Unit(s)
Appliances:
N/A
Furnished:
Yes
Floor:
Ceramic Tile, Laminate
Levels:
One
Additional Features
Property Sub Type:
Duplex
Style:
N/A
Year Built:
1971
Construction Type:
Block
Garage Spaces:
No
Covered Spaces:
N/A
Direction Faces:
N/A
Pets Allowed:
Yes
Special Condition:
None
Additional Features:
Other
Additional Features 2:
N/A
Map
  • Address
    1726 8TH ST
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