628 N Orange Ave , SARASOTA, FL 34236
SARASOTA, FL 34236
Description
Under contract-accepting backup offers. Discover a unique and outstanding investment opportunity nestled in the heart of Sarasota's sought-after Gillespie Park neighborhood. This remarkable collection consists of three parcels featuring a charming main Florida bungalow home, a detached 1-bedroom apartment, plus two additional single-family homes, each with three bedrooms. Embrace the luxury of owning nearly 0.69 acres of prime real estate in a vibrant community. 30,000 square feet of land offers a mixture of Downtown Edge (DTE) and Downtown Neighborhood (DTN) zoning. DTE zoning allows for up to 25 units an acre, and DTN allows for up to 12 units an acre; however, the DTE portion qualifies for the Density Bonus program, which qualifies for the development of up to 34 units and commercial space. The centerpiece of this fascinating compound is the main bungalow house, a true gem that radiates warmth and comfort, perfectly complemented by a serene pebble tech swimming pool and an inviting paver patio, ideal for soaking up the Florida sun or hosting unforgettable gatherings. The carefully designed outdoor spaces promise endless hours of relaxation and enjoyment. Adding to the allure, a cozy 1-bedroom apartment offers privacy and convenience with its separate parking and entrance, presenting a perfect opportunity for rental income or guest accommodation. The two additional parcels, each featuring a 3-bedroom single-family home, offer a wealth of options for the discerning investor or homeowner. Live in the main residence and generate income by renting out the other structures, or explore the potential to develop new in this prime location. Gillespie Park is well-known for its tranquil atmosphere, friendly community, and proximity to Downtown Sarasota's bustling array of shops, restaurants, arts, and entertainment options. This is a rare chance to own a piece of Sarasota's charm with the added flexibility and potential that these parcels offer.
Details
| MLS# | A4618354 |
|---|---|
| Listing Type | For Sale |
| Style | Town House |
| Sub-Type | For-sale |
| Status | Pending |
| Year | 1926 |
| Days On Site | 71 |
| Listing Provided By | HARRY ROBBINS ASSOC INC | Ryan Miller |
Features
| Bed(s) | 7 |
|---|---|
| Bath(s) | 4 |
| SQ Feet | 3,396 |
| Car Port | Yes |
| Pool | Yes |
| Units | 4 |
| Zoning | DTN |
| Acreage | 0.69 |
Market Activity 34236
Listings courtesy of Stellar MLS as distributed by MLS GRID.Based on information submitted to the MLS GRID as of October 5, 2024 at 8:25:01 AM PDT All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the “DMCA”) provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices must be sent in writing by email to DMCAnotice@MLSGrid.com. “The DMCA requires that your notice of alleged copyright infringement include the following information: (1) description of the copyrighted work that is the subject of claimed infringement; (2) description of the alleged infringing content and information sufficient to permit us to locate the content; (3) contact information for you, including your address, telephone number and email address; (4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law; (5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and (6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner’s behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.Request a showing
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Learn More About This Property
| State | FL |
|---|---|
| County | Sarasota |
| City | SARASOTA |
| Zip Code | 34236 |
| Area | 34236 Sarasota |
| Subarea | Gillespie Park Sub |
| Community Name | HALLS SUB JAMES S |
| Listing VS Median (in HALLS SUB JAMES S) | |
Price: $3,250,000 low | high Med: $3,174,500 SqFt: 3,396 low | high Med: 2,128 $ / SqFt: $957 low | high Med: $2,280 On Site: 71 low | high Med: 35.500000 | |