Residential Property - Single Family Residence in Sarasota
Listing Price: $420,000
Description of Property
**Rare Opportunity in Opportunity Zone: Mixed-Use Property in Gillespie Park, Downtown Sarasota, Florida** Don't miss out on this rarely available DTE zoned property, allowing for a maximum density of up to 25 dwelling units per acre. Located in an Opportunity Zone, this property comes with valuable tax incentives and benefits. This charming bungalow has been an investment rental generating consistent income for the past three years. It features modern updates throughout, including stylish bathrooms, flooring, new kitchen cabinets, and elegant marble countertops. Sitting on a spacious 5,000 sq ft lot with mature landscaping, this property is within walking distance of the beautiful Gillespie Park Village, local dining, and shopping. The Rosemary District and Main Street are just a short stroll away, offering fine dining, opera, theaters, and a vibrant farmer's market. Additionally, it's only a 10-minute drive to the unique shops and restaurants of St. Armands Circle and the stunning crystal quartz sands of Lido Beach. The potential for this property is an opportunity you won't want to miss!
Property Details At A Glance
Property Type: Residential
Property Use or Sub Type: Single Family Residence
City: Sarasota
County: Sarasota
Subdivision: Petroutsa Brothers Sub
Bedrooms: 2
Bathrooms: 1
Sq. Ft. Gross: 650
Sq. Ft. Living Area: 650
Cost per (heated) sqare foot: $646
Year built: 1954
Annual Tax: $4,317
Taxes and fees can change periodically, and other fees may apply. Please check with your Suncoasteam agent for more details.
Appliances: Refrigerator
Accessibility Features:
Window Features:
Additional Rooms:
Ceiling Type:
Flooring: Laminate
Schools
Elementary School: Alta Vista Elementary
Middle/Junior High School: Booker Middle
High School: Booker High
Pool & Waterfront Info
Private Pool: Not specified
Pool Features:
Spa Features:
Water Frontage:
Water Access: Not specified
Water Access Type:
Water View:
Exterior & Construction
Architectural Style:
Construction: Wood Frame, Wood Siding
Foundation: Stem Wall
Roof: Shingle
- French Doors
- Other
- Storage
Parking Features:
Floors Total: 1
Floors in Unit: One
Cooling: Wall/Window Unit(s)
Heating & Fuel: Electric
Electric:
Patio & Porch Features:
Security Features: Smoke Detector(s), Touchless Entry
Other Structures:
View:
Fencing:
Utilities:
- Cable Available
- Electricity Connected
- Public
- Sewer Connected
- Water Connected
Sewer: Public Sewer
Water Source: Public
Community Features:
Association Amenities:
Lot Information
Lot Features:
Lot Size (acres): 0.11
Lot Size (sq. ft.): 5,000 square feet
Front Exposure: North
Adjoining Property:
Current Adjacent Use:
Legal Description & Other Information
Financing Available: Cash, Conventional, FHA, VA Loan
Parcel Number: 2026020028
Zoning: DTE
Pets Allowed/Pet Policies: Yes
Tax Legal Desc.: LOT 15 BLK B PETROUTSA BROTHERS SUB
Disclosures: Lead Paint, Seller Property Disclosure
Section: 19
Range: 18
Listing courtesy of PREFERRED PROPERTIES OF SARASOTA. The information relating to real estate for sale on this website comes in part from the My Florida Regional MLS DBA Stellar MLS. This information is provided exclusively for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS.