- 30,056
- Square ft Lot
628 N Orange Ave Sarasota Florida 34236
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 development The centerpiece of this fascinating compound is the main bungalow house, a true gem that radiates warmth and comfort, perfectly complemented by a serene 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 properties, or explore the potential to build anew 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.
Features
- MLS#
- MFRA4618435
- County
- Sarasota
- Type
- Land
- Year built
- # Floors
- story
- Private Pool
- None
- Parking
- Lot
- 0.69 acres
- Taxes
- $5633.06
- Roof
- Fireplace
- None
- On Market
- 119 days
Community
Pets:
- Pets OK?
- No
- Restrictions:
- No Restrictions
Community Information & Fees:
Listing courtesy of HARRY ROBBINS ASSOC INC.
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This data is updated daily. Some properties appearing for sale on this web site may subsequently have sold and may no longer be available. The data relating to real estate for sale on this web site comes in part from the IDX program of The Florida Association of REALTORS®, MFRMLS IDX, Sarasota Association of REALTORS®, Gulf Coast Regional MLS, Venice Area Board of REALTORS®, Englewood Area Board of REALTORS®, Punta Gorda, Port Charlotte, North Port Association of REALTORS®. Real estate listings held by brokerage firms other than those marked with the Broker Reciprocity logo, IDX. All information contained herein is deemed reliable but not guaranteed. The information provided is for consumer, non-commercial use only and my not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. No part of this web site may be reproduced, adapted, translated, stored in a retrieval system or transmitted in any form or by any means, electronic, mechanical, photocopying, recording, or otherwise, without the prior written permission of www.murrayrealtyflorida.com, The Florida Association of Realtors, or the MLS Board of origin. listing data last updated from MFRMLS on 10-30-2019