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INVESTOR OPPERTUNITY!!! *****RARELY AVAILABLE DTE ZONED***Unlock the potential of this rare investment opportunity in the highly desirable Gillespie Park neighborhood. This charming 2-bedroom, 1 bathroom, features a cozy living area, and fully remodeled kitchen and bathroom, with private outdoor spaces on a large, oversized lot. Gillespie Park is a beautifully maintained neighborhood with tree-lined streets, and well-kept homes. The community is located in the heart of Sarasota, providing easy access to downtown, farmers market, the beaches, fine dining and hospital. With its prime location, this property is perfect for anyone looking for a steady and reliable income in one of the most sought-after neighborhoods in Sarasota. This property is a fantastic opportunity for an investor looking for an existing property with rental history or a mult-unit income property in a prime location. Don't miss out on this rare opportunity to own a piece of Sarasota's history and create a multi-unit income property that caters to your specific needs. **Rare Opportunity in Opportunity Zone: Mixed-Use Property in Gillespie Park, Downtown Sarasota, Florida** Don't miss out on this *****RARELY AVAILABLE DTE ZONED*****, allowing for a maximum density of up to 25 dwelling units an acre. Located in an Opportunity Zone, this property comes with valuable tax incentives and benefits. Price reduced. Seller is offering incentives for accepted offers.
| DAYS ON MARKET | 33 | LAST UPDATED | 4/7/2025 |
|---|---|---|---|
| TRACT | PETROUTSA BROTHERS SUB | YEAR BUILT | 1954 |
| COMMUNITY | 34236 - Sarasota | COUNTY | Sarasota |
| STATUS | Active | PROPERTY TYPE(S) | Commercial |
| PRICE HISTORY | |
| Prior to Apr 7, '25 | $420,000 |
|---|---|
| Apr 7, '25 - Today | $373,500 |
| ADDITIONAL DETAILS | |
| AIR | Wall/Window Unit(s) |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Refrigerator |
| AREA | 34236 - Sarasota |
| CONSTRUCTION | Frame, Wood Siding |
| HEAT | Electric |
| LOT | 4792 sq ft |
| SEWER | Public Sewer |
| STORIES | 1 |
| SUBDIVISION | PETROUTSA BROTHERS SUB |
| TAXES | 4317 |
| UTILITIES | Water Connected |
| WATER | Public |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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Listing provided by Stephen Mosier, PREFERRED PROPERTIES OF SARASOTA, 941-951-2580
The information contained herein has been provided by My Florida Regional MLS DBA Stellar MLS. IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. Listings last updated 4/21/25 1:42 AM PDT.
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