Hi There! Is this Your First Time?

Did you know if you Register you have access to free search tools including the ability to save listings and property searches? Did you know that you can bypass the search altogether and have listings sent directly to your email address? Check out our how-to page for more info.

  • Price$498,000
  • Sq. Ft.1,518
  • Acres0.28
  • Built1946

1906 8th St, Sarasota

Excellent Gillespie Park investment opportunity located in Sarasota's new Opportunity Zone! Income producing duplex on two buildable park front lots. This is your opportunity to collect income until you choose to build two prime park front homes or one custom home on this double lot. If you're interested in downtown Sarasota, this is an excellent opportunity to own a bungalow on an double corner lot across from the 10 acre Gillespie Park. This duplex sits at the comer of 8th and Gillespie Avenue in the historic Gillespie Park neighborhood. The home boasts wood floors and Mexican tile, central AC and gas water heat. The DTN (Downtown Neighborhood) zoning provides for accessory dwelling units (garage apartments) as well as live/work opportunities. The corner lot allow for additional non-residential uses with restrictions. The 2 BR 1 BA home delivers $1600/ mo. and the attached 1 BR / 1 BA attached apartment delivers $995 /mo. You can convert either to an office or studio. Live downtown and have your mortgage paid by the rental income. This park front property is an excellent investment due to the 2 build-able lots and the DTN Zoning in the historic Gillespie Park. Seller has concept plans for new construction. The property faces west and is directly across from the tennis courts. It is walk able to downtown and to the re visioned bay project.

Essential Information

  • MLS® #A4443383
  • Price$498,000
  • Bathrooms0.00
  • Square Footage1,518
  • Acres0.28
  • Year Built1946
  • TypeIncome
  • Sub-TypeDuplex
  • StatusActive

Amenities

  • UtilitiesCable Available, Public, Sewer Connected
  • FeaturesPark, Playground, Tennis Courts
  • ParkingDriveway, Guest, None
  • GaragesUnder Building Parking
  • ViewCorner Lot/Unit, In City Limits, Near Public Transit, Park View

Exterior

  • ExteriorWood Frame
  • Exterior FeaturesBalcony/Sun Deck
  • Lot Description1/4 Acre to 21779 Sq. Ft.
  • RoofMetal, Shingle
  • FoundationCrawlspace

Additional Information

  • Days on Market12
  • ZoningDTN

Community Information

  • Address1906 8th St
  • AreaSarasota
  • SubdivisionGillespie Park
  • CitySarasota
  • CountySarasota County
  • StateFL
  • Zip Code34236

Interior

  • InteriorCeramic Tile, Wood
  • Interior FeaturesWalk-In Closet(s)
  • AppliancesRange, Refrigerator
  • HeatingCentral
  • CoolingCentral Air
  • StoriesOne Story

School Information

  • ElementaryAlta Vista
  • MiddleBooker Middle
  • HighBooker

Listing Details

  • Listing Office:Yorkshire International R.e.
Please provide a valid email address.

Listing information courtesy of Yorkshire International R.e..

All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified.

Listing information is provided for consumer personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law.

Listing data comes from My Florida Regional MLS.

Listing information last updated on August 24th, 2019 at 4:00pm EDT.