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Property
Beds
4
Full Baths
None
1/2 Baths
None
Year Built
1932
Sq.Footage
2,063
Charming Fourplex in the Heart of Gillespie Park! This 4-unit property is bursting with character and income potential. Featuring a 2/1, two 1/1s, and a detached efficiency, all with great tenants on month-to-month leases who’d love to stay. Rents are strong and steady, with room to grow—especially if you incorporate the detached unit’s storage space as an extra bedroom (or possibly reconfigure it to a 2/1)! Rents are currently $1,850 2/1, $1,595 1/1, $1,445 1/1, and $1,295 efficiency. The roof is from 2019 (nice!). The Gillespie Park neighborhood is becoming one of Sarasota's most vibrant spots - just steps away from downtown restaurants and shops and the Rosemary District. Multimillion-dollar homes are beginning the line the streets and the area will continue to revitalize. Easy walking distance to the exciting new Sarasota Bay Park, currently under development. Your tenants don’t even need a car if they work downtown. This is the perfect opportunity to get into this neighborhood before it hits its peak! Zoned DTN, this lot has development flexibility with room for up to 12 units per acre. Whether you’re an investor looking to expand your portfolio or perhaps want a fabulous location for your next dream home, this property checks the boxes with a wink and a smile.
Features & Amenities
Interior
-
Total Bedrooms
4
Area & Lot
-
Lot Size(acres)
0.11
-
Property Type
Residential Income
Exterior
-
Garage
No
-
Construction Materials
Frame, Wood Siding
-
Other Exterior Features
Other
Financial
-
Sales Price
$775,000
-
Tax Amount
7585.04
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Location
County
Sarasota
Elementary School
Middle School
High School
Listing Courtesy of Randy Buff , COASTAL CONNECTION REALTY
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