Residential Income for Sale: 530 GILLESPIE AVENUE, SARASOTA, FL 34236

4 beds
$819,000
$819,000
530 GILLESPIE AVENUE, SARASOTA, FL 34236
4 beds
$819,000
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Price:
$819,000

Type Residential Income
Beds 4
Total Living Area 1,700 sqft
Lot Size 0.20 acres
Year Built 1950
Taxes Paid $5,943

City SARASOTA
Area 34236 - Sarasota
County Sarasota
Subdivision CHARLES L KNIGHT SUB

MLS A4586971
Status Active
DOM 376 days
Price reduced! Seller willing to offer several different scenarios of assistance… Credit at closing to assist with closing fees; Credit at closing to assist with the rate buy down; Guaranteed rent of $2500 a month for the first 12 months in the vacant unit. Your choice! Looking for a little history, a quaintness, a walkable neighborhood? Looking to live in one unit and rent the other? Looking for a wonderful investment? This is it. This wonderful duplex is located in Gillespie Park. Gillespie Park is a square mile grid of duplexes and brightly vibrant cottages. Walk to the 10-acre park complete with tennis courts, lake with ducks to feed and even a dog park. Instead of commercial activity at its center, it’s all around the edges. The south end of downtown with all its amenities literally across the street. The west end is the hip new Rosemary District. The east end, you’ll find a little bit of everything. So who lives in Gillespie Park? They’re a mixed crew of newcomers and longtime Sarasotans, all of whom revel in the atmosphere of diversity and progressive thought. The real charm here is this duplex. These mirror-image, 850 sf each side, two-bedroom, two-bath, coastal-modern units have been completely updated. Each unit has a laundry area and ample outdoor living space. Long-term tenant on 522side in place at $2,500/month. 530 side is available for an owner occupant or tenant. Projected NOI is $52k yielding a 6% cap rate when both sides rented out. Seller wants to Buyer to know that the lot can be divided.

Lot & Building Features

Appliances Range, Refrigerator
Construction Block, Stucco
Cooling Central Air
Heating Central, Electric
Interior Decor Ceiling Fans(s)
Sewer Public Sewer
Tax Year 2022
Taxes Paid $5,943
Water Public

Community and Schools

Junior High School Booker Middle

Price History of 530 GILLESPIE AVENUE, SARASOTA, FL

Date Name Price Difference
12/31/1969 Listing Price $819,000 N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.

Map of 530 GILLESPIE AVENUE, SARASOTA, FL

Location Map Street View
Photo of Megan Kesky
Office
1201 6th Ave W
Bradenton, FL 34205
888-804-9992
Listed by PREMIER SOTHEBYS INTL REALTY, Robert Sherman
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0.72564102564103%
6.75%
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530 GILLESPIE AVENUE (MLS #A4586971) is a residential income listing located in SARASOTA, FL. This is a residential income listing with a lot of 8,712 sqft (or 0.20 acres). This property was listed on 11/22/2024 and has been priced for sale at $819,000.

Nearby zip codes are 34234 and 34237.

Stellar MLS

Listing Last updated . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Walk Score map and data provided by Walk Score. Google map provided by Google. Bing map provided by Microsoft Corporation.

All information provided is deemed reliable but is not guaranteed and should be independently verified.

Listing information courtesy of: PREMIER SOTHEBYS INTL REALTY