1906 8th Street, Sarasota, FL 34236

$498,000
1,518
SqFt
List Price
$498,000
Status
Active
Days on Market
11
MLS#
A4443383
Property Style
Duplex
Year Built
1946
Living Area
1,518
Lot Size
12,096
Acres
0.28
Total Acreage
1/4 Acre to 21779 Sq. Ft.
Legal Subdivision Name
Gillespie Park
Community Name
Plat Of Sarasota
MLS Area Major
Sarasota

Property Description

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.

Additional Information

Taxes
$3330
Minimum Lease
1-7 Days
Annual Gross Income
31140
Location
Corner Lot, In City Limits, Near Public Transit
Community Features
Park, Playground, Tennis Courts, No Deed Restriction
Property Description
One Story
Zoning
DTN
Interior Layout
Walk-In Closet(s)
Interior Features
Walk-In Closet(s)
Floor
Ceramic Tile, Wood
Appliances
Range, Refrigerator
Utilities
Cable Available, Public, Sewer Connected
Heating
Central
Air Conditioning
Central Air
Exterior Construction
Wood Frame
Exterior Features
Balcony
Roof
Metal, Shingle
Foundation
Crawlspace
Pool
No Pool
Garage Carport
None
Garage Features
Driveway, Guest, None
Elementary School
Alta Vista Elementary
Middle School
Booker Middle
High School
Booker High
Pets
Allowed
Flood Zone Code
x
Parcel ID
2026080020
Legal Description
Beg at Inters of W R/W of Washington Blvd & S R/W of 8th St Th W 215 Ft for POB Th S 131.1 Ft Th W 65 Ft Th N 131.1 T Th E 65 Ft.........LONG LEGAL

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Listing courtesy of YORKSHIRE INTERNATIONAL R.E..

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