$333,444
$87K PRICE DROP

Estimated payment $2,163/month

Total Views 7,691
2 Beds
1 Bath
650 Sq Ft
$513 Price per Sq Ft

Highlights

  • No HOA
  • Crown Molding
  • Living Room
  • Booker High School Rated A-
  • Bathtub with Shower
  • French Doors

About This Home

**Rare Opportunity in Opportunity Zone: Mixed-Use Property in Gillespie Park, Downtown Sarasota, Florida**
Don't miss out on this rarely available DTE zoned property, allowing for a maximum density of up to 25 dwelling units an acre. Located in an Opportunity Zone, this property comes with valuable tax incentives and benefits.
This charming bungalow has been an investment rental generating consistent income for the past three years. It features modern updates throughout, including stylish bathrooms, flooring, new kitchen cabinets, and elegant marble countertops.
Sitting on a spacious 5,000 sq ft lot with mature landscaping, this property is within one block of the beautiful Gillespie Park Village, local dining, and shopping. The Rosemary District and Main Street are just a short stroll away, offering fine dining, opera, theaters, and a vibrant farmer's market.
Additionally, it's only a 10-minute drive to the unique shops and restaurants of St. Armands Circle and the stunning crystal quartz sands of Lido Beach.
The potential for this property is an opportunity you won't want to miss!
The Seller is offering incentives for accepted offers.

Listing Agent

Stephen Mosier

PREFERRED PROPERTIES OF SARASOTA Brokerage Phone: 941-951-2580 License #3394216 Listed on: 03/01/2025

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,317

Year Built

  • Built in 1954

Lot Details

  • 5,000 Sq Ft Lot
  • North Facing Home
  • Property is zoned DTE

Home Design

  • Stem Wall Foundation
  • Frame Construction
  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 650 Sq Ft Home
  • 1-Story Property
  • Crown Molding
  • Ceiling Fan
  • French Doors
  • Living Room
  • Laminate Flooring
  • Fire and Smoke Detector

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom
  • Bathtub with Shower

Outdoor Features

  • Outdoor Storage

Schools

  • Alta Vista Elementary School
  • Booker Middle School
  • Booker High School

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating Available
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Petroutsa Brothers Sub Community
  • Petroutsa Brothers Sub Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,317

Year Built

Built in 1954

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Construction Materials: Frame, Wood Siding
  • Fireplace: No
  • Living Area: 650
  • Lot Size Acres: 0.11
  • New Construction: No
  • Year Built: 1954
  • Building Area Total: 650
  • Lot Size Sq Ft: 5000
  • Directions to Property: From Tamiami Trail (41) turn onto 10th take the rotary onto 10th Street which heads East. Go straight through several lights until you cross over Orange Avenue. Property will be on the South side of 10th Street between Orange Avenue and Goodrich Avenue. From Fruitville Road, turn South on Osprey Avenue, then turn West on 10th Street at the end of Gillespie Park. Property is on the South side of 10th Street between Goodrich Avenue and Orange Avenue. Red door.
  • Status: Active
  • Ownership: Fee Simple
  • Available for Lease YN: 1
  • Escrow State: FL
  • List Office Head Office Key Nume: 1046637
  • Minimum Lease: 1 Week
  • RATIO Current Price By Calculate: 512.99
  • Total Acreage: 0 to less than 1/4
  • Unit Number YN: 0
  • Water Access YN: 0
  • MFR_InLawSuiteYN: 0
  • Attribution Contact: 941-951-2580
  • Tax Year: 2024
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Laminate
  • Full Bathrooms: 1
  • Interior Amenities: Ceiling Fans(s), Crown Molding
  • Appliances Included: Refrigerator
  • Foundation Details: Stem Wall
  • Total Bedrooms: 2
  • Levels: One
  • Stories: 1
  • Street Number Modifier: 1664
  • Living Area Meters: 60.39
  • Room Count: 5

Exterior Features

  • Direction Faces: North
  • Exterior Features: French Doors, Other, Storage
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Road Surface Type: Paved
  • Water Extras YN: 0
  • Water View YN: 0
  • Waterfront Feet Total: 0
  • Flood Zone Date: 2024-03-27
  • Flood Zone Panel: 12115C0131G

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No

Utilities

  • Utilities: Cable Available, Electricity Connected, Public, Sewer Connected, Water Connected
  • Cooling: Wall/Window Unit(s)
  • Heating: Electric
  • Laundry Features: None
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Security: Smoke Detector(s), Touchless Entry
  • Senior Community: No
  • Association 2 YN: 0

Fee Information

  • Total Annual Fees: 0.00
  • Total Monthly Fees: 0.00

Schools

  • Elementary School: Alta Vista Elementary
  • High School: Booker High
  • Middle Or Junior School: Booker Middle

Lot Info

  • Zoning: DTE
  • Parcel Number: 2026020028
  • Additional Parcels: No
  • Flood Zone Code: X
  • Homestead YN: 0
  • Lot Size Square Meters: 465

Green Features

  • Green Verification Count: 0

Rental Info

  • Pets Allowed: Yes
  • Lease Restrictions YN: 1
  • Additional Lease Restrictions: Per City/County Zoning.

Tax Info

  • Tax Annual Amount: 4317
  • Tax Block: B
  • Tax Book Number: 1-18
  • Tax Lot: 15

Map

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $3,685 $265,210 -- --
2023 $3,685 $241,100 $187,500 $53,600
2022 $3,468 $224,900 $180,000 $44,900
2021 $2,351 $163,300 $120,800 $42,500
2020 $1,979 $115,800 $77,500 $38,300
2019 $1,911 $120,100 $81,000 $39,100
2018 $2,089 $160,400 $125,000 $35,400
2017 $1,858 $82,779 $0 $0
2016 $1,752 $125,100 $94,000 $31,100
2015 $1,578 $104,800 $81,800 $23,000
2014 $1,231 $56,540 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/21/2025 08/21/25 Price Changed $333,444 0.0% $513 / Sq Ft
08/21/2025 08/21/25 For Sale $333,444 -0.3% $513 / Sq Ft
08/10/2025 08/10/25 Off Market $334,444 -- --
08/07/2025 08/07/25 Price Changed $334,444 -1.0% $515 / Sq Ft
07/10/2025 07/10/25 Price Changed $337,974 -2.6% $520 / Sq Ft
06/11/2025 06/11/25 Price Changed $347,000 0.0% $534 / Sq Ft
06/11/2025 06/11/25 For Sale $347,000 -7.1% $534 / Sq Ft
05/30/2025 05/30/25 Off Market $373,500 -- --
04/07/2025 04/07/25 Price Changed $373,500 -11.1% $575 / Sq Ft
03/01/2025 03/01/25 For Sale $420,000 +75.0% $646 / Sq Ft
10/25/2021 10/25/21 Sold $240,000 -2.0% $369 / Sq Ft
10/07/2021 10/07/21 Pending -- -- --
07/27/2021 07/27/21 Price Changed $245,000 -3.9% $377 / Sq Ft
05/05/2021 05/05/21 Price Changed $255,000 -1.5% $392 / Sq Ft
05/05/2021 05/05/21 For Sale $259,000 +7.9% $398 / Sq Ft
04/13/2021 04/13/21 Off Market $240,000 -- --
03/06/2021 03/06/21 Pending -- -- --
02/28/2021 02/28/21 Price Changed $259,000 -5.8% $398 / Sq Ft
12/15/2020 12/15/20 For Sale $275,000 -- $423 / Sq Ft
Source: Stellar MLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed $240,000 Attorney
Interfamily Deed Transfer $80,000 None Available
Warranty Deed $362,500 --
Warranty Deed $300,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $240,000 New Conventional
Previous Owner $30,000 Fannie Mae Freddie Mac
Previous Owner $240,000 Fannie Mae Freddie Mac
Previous Owner $30,000 Fannie Mae Freddie Mac
Source: Public Records

Source: Stellar MLS

MLS Number: A4642648

Stellar MLS

APN: 2026-02-0028