1906 8th St, Sarasota

$498,000

0 Beds
0 Baths
1,518 Sqft
.28 Acres
0 Garages

Excellent Gillespie Park investment opportunity located in Sarasota's new Opportunity Zone! Income producing duplex on two buildable park front lots. This is your opportunity to collect income until you choose to build two prime park front homes or one custom home on this double lot. If you're interested in downtown Sarasota, this is an excellent opportunity to own a bungalow on an double corner lot across from the 10 acre Gillespie Park. This duplex 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 $1600/ 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. 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.

Essential Information
MLS® #A4443383
Price$498,000
Bathrooms0.00
Square Footage1,518
Acres0.28
Year Built1946
TypeIncome
Sub-TypeDuplex
StatusActive
Price Per Sqft$328
Community Information
Address1906 8th St
AreaSarasota
SubdivisionGillespie Park
CitySarasota
CountySarasota County
StateFL
Zip Code34236
Pet Restrictions YNY
Pets Allowed YNY
Minimum Lease1-7 Days
Community Features

Park, Playground, Tennis Courts

Amenities
ParkingDriveway, Guest, None
GaragesUnder Building Parking
Utilities

Cable Available, Public, Sewer Connected

Features

Park, Playground, Tennis Courts

View

Corner Lot/Unit, In City Limits, Near Public Transit, Park View

Interior
InteriorCeramic Tile, Wood
Interior FeaturesWalk-In Closet(s)
AppliancesRange, Refrigerator
HeatingCentral
CoolingCentral Air
StoriesOne Story
Interior Layout

Interior In-Law Apt, Walk-In Closet(s)

Exterior
ExteriorWood Frame
Exterior FeaturesBalcony/Sun Deck
Lot Description1/4 Acre to 21779 Sq. Ft.
RoofMetal, Shingle
FoundationCrawlspace
School Information
ElementaryAlta Vista
MiddleBooker Middle
HighBooker
Additional Information
Days on Market6
ZoningDTN
Normal SaleYes
Costs
Taxes$3,330
Tax Year2018

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Listing data comes from My Florida Regional MLS DBA Stellar MLS.

Listing information last updated on August 18th, 2019 at 7:15pm EDT.