$505,000
SOLD MAY 1, 2023 RENTED OCT 16, 2024
2 Beds
2 Baths
1,392 Sq Ft
5,888 Sq Ft Lot

Recently Sold

$363 Per Sq Ft

8% Below List Price

46 Days on Market

Highlights

  • No HOA
  • Central Heating and Cooling System
  • ENERGY STAR Qualified Windows
  • Booker High School Rated A-
  • Ceiling Fan
  • 4-minute walk to Gillespie Park

About This Home

As of May 2023

You simply can't beat the location of this well maintained DUPLEX right in the heart of highly sought after Gillespie Park! Each unit offers a spacious bedroom and bath with gorgeous terrazzo floors throughout in addition to original wood kitchen cabinets. Newer hurricane windows allow for an abundance of natural light. Both HVAC units were recently replaced (1 and 2 years old), metal roof was added in 2014 and electric panel was replaced in 2022. Washer and dryer are located inside each unit and convey. Tenants in place, renter on one side rents month to month and requires a 2 month notice. The second unit has an annual lease ending July 31st. Please do not disturb tenants! Neighborhood zoning (DTN) live/work now allows you to build up to 3 stories plus a 600 square foot ancillary dwelling. AS IS with right to inspect, survey available upon request. NO HOA!!

It's hard to say what makes Gillespie Park so special. Perhaps the ability to walk or ride your bike downtown to the local Farmer's Market or meet your friend for lunch at one of the many fabulous eateries. Or having access to 10 acres of green space within serene Gillespie Park where you're able to read a book under one of the many stately trees or tire your pup out at the Canine Club dog park. Stay fit with basketball/tennis/pickle ball courts there or do some yoga at Bayfront Park before walking the Ringling Bridge. If you head over the bridge be sure to check out gorgeous Lido Beach and Saint Armand's Circle. Mote Marine, Ringling Museum, world class shopping....there's something for everyone here! Don't miss out on this investment opportunity!!

Last Agent to Sell the Property

Sarah Raynor

PREFERRED SHORE LLC License #3544299 Listed on: 02/09/2023

PREFERRED SHORE LLC

Last Buyer's Agent

Sarah Raynor

PREFERRED SHORE LLC License #3544299 Listed on: 02/09/2023

PREFERRED SHORE LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,099

Year Built

  • Built in 1960

Lot Details

  • 5,888 Sq Ft Lot
  • Fenced

Home Design

  • Duplex
  • Block Foundation
  • Metal Roof
  • Block Exterior

Interior Spaces

  • 1,392 Sq Ft Home
  • Ceiling Fan
  • ENERGY STAR Qualified Windows

Kitchen

  • Convection Oven
  • Cooktop
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Laundry

  • Dryer
  • Washer

Utilities

  • Central Heating and Cooling System
  • High Speed Internet

Community Details

  • No Home Owners Association
  • 2 Units
  • Gillespie Park Condos
  • Inwood Park Community
  • Inwood Park Subdivision

Listing and Financial Details

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,099

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Construction Materials: Block
  • Fireplace: No
  • Living Area: 1392
  • Lot Size Acres: 0.14
  • New Construction: No
  • Year Built: 1960
  • Lot Size Sq Ft: 5888
  • Directions to Property: From Fruitville Rd go north on N Osprey Ave, west on 6th St. Duplex is on your right (next to an empty lot).
  • Status: Sold
  • Ownership: Fee Simple
  • Available for Lease YN: 1
  • Escrow State: FL
  • List Office Head Office Key Nume: 574715702
  • Minimum Lease: 1 Week
  • RATIO Current Price By Calculate: 362.79
  • Total Acreage: 0 to less than 1/4
  • Unit Number YN: 0
  • Water Access YN: 0
  • Tax Year: 2021
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Interior Amenities: Ceiling Fans(s)
  • Appliances Included: Convection Oven, Cooktop, Disposal, Dryer, Refrigerator, Washer
  • Foundation Details: Block
  • Total Bedrooms: 2
  • Window Features: ENERGY STAR Qualified Windows
  • Street Number Modifier: 1749
  • ResoLivingAreaSource: PublicRecords
  • Living Area Meters: 129.32

Exterior Features

  • Exterior Features: Fence, Sidewalk
  • Roof: Metal
  • Pool Private: No
  • Waterfront: No
  • Road Surface Type: Paved
  • Disclosures: Lead Paint, Seller Property Disclosure
  • Water Extras YN: 0
  • Water View YN: 0
  • Waterfront Feet Total: 0
  • Flood Zone Date: 2016-11-04
  • Flood Zone Panel: 12115C0133F

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No

Utilities

  • Utilities: BB/HS Internet Available, Electricity Connected
  • Cooling: Central Air
  • Heating: Central
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Association 2 YN: 0
  • Association Approval Required YN: 0
  • Complex Community Name Nccb: GILLESPIE PARK
  • Development: Gillespie Park

Fee Information

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

Lot Info

  • Zoning: DTN
  • Parcel Number: 2026070099
  • Additional Parcels: No
  • Flood Zone Code: X500
  • Lot Size Square Meters: 547

Green Features

  • Green Verification Count: 0

Rental Info

  • Lease Restrictions YN: 1

Multi Family

  • Number Of Units Total: 2
  • Total Num Buildings: 1
  • Unit Count: 2
  • Est Annual Market Income: 34800.00

Tax Info

  • Tax Annual Amount: 4099
  • Tax Block: 1
  • Tax Lot: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 9, 2023
Closed on
May 1, 2023
Sold by
Lissone Family Trust
Bought by
Southgate Partners Llc
Seller's Agent
Sarah Raynor
PREFERRED SHORE LLC
Buyer's Agent
Sarah Raynor
PREFERRED SHORE LLC
List Price
$550,000
Sold Price
$505,000
Premium/Discount to List
-$45,000
-8.18%
Total Days on Market
46
Views
21
Current Estimated Value
$558,386

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$53,386
Avg. Annual Appreciation
4.95%

Purchase Details

Listed on
Jan 9, 2018
Closed on
Jun 11, 2018
Sold by
Scott Alexander and 1749 6Th Street Irrevocable Tr
Bought by
Lissone Elwin N and Lissone Diana J
Seller's Agent
Beverly Scott
URBAN PROPERTIES OF SARASOTA
Buyer's Agent
Lynn McDonald
COLDWELL BANKER REALTY
List Price
$280,000
Sold Price
$280,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.82%
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $505,000 Fidelity National Title Of Flo
Warranty Deed $280,000 Attorney
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $144,200 New Conventional
Previous Owner $72,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/16/2024 10/16/24 Rented $1,700 0.0% --
09/13/2024 09/13/24 For Rent $1,700 0.0% --
05/01/2023 05/01/23 Sold $505,000 -8.2% $363 / Sq Ft
03/28/2023 03/28/23 Pending -- -- --
03/25/2023 03/25/23 For Sale $550,000 0.0% $395 / Sq Ft
03/16/2023 03/16/23 For Sale $550,000 0.0% $395 / Sq Ft
03/14/2023 03/14/23 Pending -- -- --
02/10/2023 02/10/23 Pending -- -- --
02/09/2023 02/09/23 For Sale $550,000 +96.4% $395 / Sq Ft
06/11/2018 06/11/18 Sold $280,000 0.0% $201 / Sq Ft
04/11/2018 04/11/18 Pending -- -- --
03/22/2018 03/22/18 For Sale $280,000 0.0% $201 / Sq Ft
02/04/2018 02/04/18 Off Market $280,000 -- --
01/09/2018 01/09/18 For Sale $280,000 -- $201 / Sq Ft
Source: Stellar MLS

Tax History Compared to Growth

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 $5,656 $384,000 $326,700 $57,300
2023 $5,656 $450,400 $309,700 $140,700
2022 $4,986 $384,300 $291,600 $92,700
2021 $4,099 $253,600 $154,800 $98,800
2020 $3,849 $232,100 $150,200 $81,900
2019 $3,485 $207,900 $124,200 $83,700
2018 $3,042 $186,600 $128,500 $58,100
2017 $2,727 $158,200 $95,300 $62,900
2016 $1,432 $144,000 $78,100 $65,900
2015 $1,300 $122,900 $67,900 $55,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4559985

Stellar MLS

APN: 2026-07-0099