If you're interested in downtown Sarasota, this is an excellent opportunity to own a cute little bungalow on an double corner lot across from the 10 acre Gillespie Park. This two family home sits at the comer of 8th and Gillespie Avenue in the historic Gillespie Park neighborhood. The home boasts wood floors and Mexican tile, central AC and gas water heat. The DTN (Downtown Neighborhood) zoning provides for accessory dwelling units (garage apartments) as well as live/work opportunities. The corner lot allow for additional non-residential uses with restrictions. The 2 BR 1 BA home delivers $1495 / mo. and the attached 1 BR / 1 BA attached apartment delivers $995 /mo. You can convert either to an office or studio. Live downtown and have your mortgage paid by the rental income. Live downtown and have your mortgage paid by the rental income.
This park front property is an excellent investment due to the 2 build-able lots and the DTN Zoning in the historic Gillespie Park. Seller has concept plans for new construction. The property faces west and is directly across from the tennis courts. It is walk able to downtown and to the re visioned bay project. If you are looking for a great investment opportunity in one of Sarasota's hottest downtown neighborhood, you have found it!
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Listing data comes from My Florida Regional MLS DBA Stellar MLS.
Listing information last updated on July 18th, 2019 at 8:45am EDT.