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Gillespie Park Real Estate — Gillespie Park Homes For Sale in Sarasota, FL

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$149,900
$555/mo
Monthly Payment:
$555
Principal & Interest:
$555
HOA Dues:
$0
(Based on a 30 year fixed loan at 3.75% with $29,980 down)
Sarasota, FL 34236
Gillespie Park Sarasota County School District
N/Asq ft N/A / sq ft LND
Lot Size5,490sq ft BuiltN/A On Site228days
Wonderful Opportunity to own an oversized lot in the quickly developing neighborhood of Historic Gillespie Park. The lot is one parcel away from the 10 acre park and less than... more
Wonderful Opportunity to own an oversized lot in the quickly developing neighborhood of Historic Gillespie Park. The lot is one parcel away from the 10 acre park and less than 1/2 mile walk to Whole Foods and Main Street. Build your dream home utilizing downtown neighborhood zoning allowing maximum house coverage with limited setbacks. Build up to 35 feet high for full views of the park and downtown. Zoning permits separate ancillary building such as an office, detached garage and/or mother-in-law suite. Listing Agent is the owner of the property. less
Listing Provided Courtesy of Keller Williams On The Water
Popularity N/A
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$589,000
$2,182/mo
Monthly Payment:
$2,182
Principal & Interest:
$2,182
HOA Dues:
$0
(Based on a 30 year fixed loan at 3.75% with $117,800 down)
Sarasota, FL 34236
Gillespie Park Sarasota County School District
2,211sq ft $266 / sq ft MFR
Lot Size19,402sq ft Built1932 On Site302days
.45 acre property * seller may do owner financing - let's get creative! * location, location! * walkability rating very high!.Main st - 5 min, cinema, opera, live theatre and... more
.45 acre property * seller may do owner financing - let's get creative! * location, location! * walkability rating very high!.Main st - 5 min, cinema, opera, live theatre and the bay, all approx 20 min. An investment property in an up and coming neighborhood with an oversized lot 19,400+/- square feet (few if any others this size available) is approved for total of six (6) cottages. Currently there are 3 separate bungalows each having a unique style with tenants in place. Tax record says year built 1932 & eff 1980. Please view the interior photos; units are updated & gorgeous. Zoned downtown neighborhood (dtn) for higher density allows a total of six (6) cottages. Ia build out of this parcel will nearly double the return. The current estimated cap rate is 5% and adding three (3) additional units will bring your estimated cap rate to 9%. Downtown neighborhoods are in and records over the past few years, reflect high demand with less than one percent vacancy ( 002 ). Whether you want to live on site and rent the other units or are just looking for a great investment property this is for you. Comes with plans to add three 3 additional cottages one being 600 sq ft and the other two being 750 sq ft. Note: at present a contiguous property on osprey is available. If purchased alongside this one, the total units possible increases to nine (9). less
Listing Provided Courtesy of Re/max Alliance Group
Popularity N/A
$589,000
$2,182/mo
Monthly Payment:
$2,182
Principal & Interest:
$2,182
HOA Dues:
$0
(Based on a 30 year fixed loan at 3.75% with $117,800 down)
Sarasota, FL 34236
Gillespie Park Sarasota County School District
8bed 3bath 2,211sq ft $266 / sq ft SFR
Lot Size19,402sq ft Built1932 On Site311days
.45 acre property * seller may do owner financing - let's get creative! * location, location! * walkability rating very high!.Main st - 5 min, cinema, opera, live theatre and... more
.45 acre property * seller may do owner financing - let's get creative! * location, location! * walkability rating very high!.Main st - 5 min, cinema, opera, live theatre and the bay, all approx 20 min. An investment property in an up and coming neighborhood with an oversized lot 19,400+/- square feet (few if any others this size available) is approved for total of six (6) cottages. Currently there are 3 separate bungalows each having a unique style with tenants in place. Tax record says year built 1932 & eff 1980. Please view the interior photos; units are updated & gorgeous. Zoned downtown neighborhood (dtn) for higher density allows a total of six (6) cottages. Ia build out of this parcel will nearly double the return. The current estimated cap rate is 5% and adding three (3) additional units will bring your estimated cap rate to 9%. Downtown neighborhoods are in and records over the past few years, reflect high demand with less than one percent vacancy ( 002 ). Whether you want to live on site and rent the other units or are just looking for a great investment property this is for you. Comes with plans to add three 3 additional cottages one being 600 sq ft and the other two being 750 sq ft. Note: at present a contiguous property on osprey is available. If purchased alongside this one, the total units possible increases to nine (9). less
Listing Provided Courtesy of Re/max Alliance Group
Popularity N/A
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Local real estate services provided by:
Coldwell Banker Residential Real Estate
Coldwell Banker Residential Real Estate
5951 Cattleridge Avenue
Sarasota, FL 34232
1.866.947.4567
Content provided and owned by Coldwell Banker Residential Real Estate.
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Data last updated: Thursday, January 29, 2015 at 6:07 AM