$2,850,000
$100K PRICE DROP

Estimated payment $18,381/month

Total Views 6,446
4 Beds
4 Baths
4,451 Sq Ft
$640 Price per Sq Ft

Highlights

  • Solar Power System
  • City View
  • Main Floor Primary Bedroom
  • Booker High School Rated A-
  • Open Floorplan
  • 2-minute walk to Gillespie Park

About This Home

RARE MULTIPLE-SINGLE FAMILY RESIDENTIAL COMPOUND OPTION IN DOWNTOWN SARASOTA’S GILLESPIE PARK includes this stunning 2023 custom-built dual residence with all the latest technology. Located next-door, a TOTALLY renovated two bed/two bath Florida bungalow at 1765 7th Street is also for sale. Purchasing these two properties together would create a unique ADA compliant three home compound or investment complex within the City of Sarasota’s short term rental guidelines. This contemporary two-story home is graciously designed for two households to reside together, yet independently, under one roof. With its attached THREE CAR GARAGE and paved rear-alley entrance (one of only a couple of blocks in Gillespie Park with an alley), EACH floor has a 2200+ sq. ft., ADA compliant, 2 bedroom/2 bath open floorplan with 10 ft. ceilings, and an abundance of natural light filtered through motorized window blinds. GROUND FLOOR RESIDENCE has both front and rear entrance foyers and a private walled courtyard with outdoor kitchen and hot tub. Its impressive kitchen features Thermador appliances, a natural gas six-burner cooktop and a commodious coffee/wine bar accessible from both the great room and courtyard for easy entertaining. Located inside the front entry is a second full bath and closet-less office. SECOND FLOOR RESIDENCE: Currently leased through March 2026 has a spacious kitchen and Bosch appliances, laundry room, and two ensuite bedrooms. A large partially-covered balcony brings the outdoors in and opens to the great room and large primary suite. Solar panels, currently connected to the second-floor unit, can be switched to power the ground floor if desired. Each of the two residences are attached to the garage and there is a wide interior stairwell and elevator to second floor. This is an unusual opportunity to live and/or invest in Downtown Sarasota’s vibrant neighborhood of Gillespie Park (with dog run and tennis courts), while just steps from the Rosemary Arts District, Downtown restaurants, shops and theaters.

Listing Agent

Tess Herschman

COLDWELL BANKER REALTY Brokerage Phone: 941-366-8070 License #3375760 Listed on: 05/05/2025

COLDWELL BANKER REALTY

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $31,682

Year Built

  • Built in 2023

Lot Details

  • 7,583 Sq Ft Lot
  • Fenced
  • Irrigation Equipment

Parking

  • 3 Car Attached Garage

Property Views

  • City
  • Garden

Home Design

  • Duplex
  • Slab Foundation
  • Membrane Roofing
  • Block Exterior
  • Stucco

Interior Spaces

  • 4,451 Sq Ft Home
  • Elevator
  • Open Floorplan
  • Wet Bar
  • High Ceiling
  • Ceiling Fan
  • Blinds
  • Sliding Doors
  • Combination Dining and Living Room
  • Tile Flooring
  • Pest Guard System
  • Stone Countertops
  • Laundry Room

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • 4 Bathrooms

Eco-Friendly Details

  • Solar Power System

Outdoor Features

  • Outdoor Shower
  • Balcony
  • Courtyard
  • Outdoor Kitchen
  • Exterior Lighting
  • Outdoor Grill
  • Rain Gutters
  • Private Mailbox

Schools

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

Utilities

  • Central Heating and Cooling System
  • Thermostat
  • Underground Utilities
  • Natural Gas Connected
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Built by The Vision Group
  • Schindler Sub Community
  • Schindler Sub Subdivision

Building Details

  • Gross Income $43,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$31,682

Year Built

Built in 2023

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential Income
  • Property Condition: Completed
  • Property Sub Type: Duplex
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 4451
  • Lot Size Acres: 0.17
  • New Construction: No
  • Year Built: 2023
  • Lease Term: Twenty Four Months
  • Lot Size Sq Ft: 7583
  • Directions to Property: From North Tamiami Trail (U.S. Hwy. 41) head East on Boulevard of the Arts (6th Street). Turn left on Goodrich Avenue then right on 7th Street. House is on the left.
  • Status: Active
  • Ownership: Fee Simple
  • Available for Lease YN: 1
  • Escrow City: Sarasota
  • Escrow Postal Code: 34237
  • Escrow State: FL
  • Escrow Street Name: Main Street #500
  • Escrow Street Number: 2033
  • List Office Head Office Key Nume: 1046393
  • Minimum Lease: 1 Week
  • RATIO Current Price By Calculate: 640.31
  • Total Acreage: 0 to less than 1/4
  • Unit Number YN: 0
  • Water Access YN: 0
  • MFR_SolarPanelOwnership: Owned Outright
  • MFR_DockYN: 0
  • Attribution Contact: 941-366-8070
  • Tax Year: 2024
  • Special Features: 4098

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Tile
  • Interior Amenities: Ceiling Fans(s), Elevator, High Ceilings, Living Room/Dining Room Combo, Open Floorplan, Pest Guard System, Primary Bedroom Main Floor, Stone Counters, Thermostat, Walk-In Closet(s), Wet Bar, Window Treatments
  • Foundation Details: Slab
  • Total Bedrooms: 4
  • Other Equipment: Irrigation Equipment
  • Window Features: Blinds
  • Street Number Modifier: 1755
  • Living Area Meters: 413.51

Exterior Features

  • Exterior Features: Balcony, Courtyard, Fence, Lighting, Outdoor Grill, Outdoor Kitchen, Outdoor Shower, Private Mailbox, Rain Gutters, Sidewalk, Sliding Doors
  • Roof: Membrane
  • Pool Private: No
  • View: City, Garden
  • 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: 12115C0133G

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 3
  • Garage Yn: Yes

Utilities

  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Public, Sewer Connected, Underground Utilities, Water Connected
  • Cooling: Central Air
  • Heating: Central, Electric
  • Laundry Features: Inside, Laundry Room
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Street Lights
  • Association: No
  • 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: DTN
  • Parcel Number: 2026070007
  • Additional Parcels: No
  • Flood Zone Code: X
  • Homestead YN: 0
  • Lot Size Square Meters: 704

Green Features

  • Green Power: Solar
  • Green Verification Count: 0

Building Info

  • Builder Name: The Vision Group

Rental Info

  • Total Actual Rent: 3600
  • Lease Restrictions YN: 1
  • Additional Lease Restrictions: See City of Sarasota Rental Guidelines

Multi Family

  • Gross Income: 43200
  • Number Of Units Total: 2
  • Total Num Buildings: 1
  • Unit Count: 1

Tax Info

  • Tax Annual Amount: 31682
  • Tax Block: D
  • Tax Book Number: 1-28
  • Tax Lot: 17

Map

Range of Values:

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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 $4,693 $2,063,190 -- --
2023 $4,693 $389,500 $389,500 $0
2022 $4,474 $379,600 $379,600 $0
2021 $3,421 $218,400 $218,400 $0
2020 $3,390 $221,800 $220,500 $1,300
2019 $2,952 $183,600 $182,400 $1,200
2018 $1,412 $116,288 $0 $0
2017 $1,404 $113,896 $0 $0
2016 $1,382 $168,600 $107,300 $61,300
2015 $1,400 $141,100 $93,300 $47,800
2014 $2,507 $131,200 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/09/2025 07/09/25 Price Changed $2,850,000 -3.4% $640 / Sq Ft
05/05/2025 05/05/25 For Sale $2,950,000 +587.6% $663 / Sq Ft
08/11/2020 08/11/20 Sold $429,000 -2.3% $177 / Sq Ft
05/12/2020 05/12/20 Pending -- -- --
01/04/2020 01/04/20 For Sale $439,000 -- $181 / Sq Ft
Source: Stellar MLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed $100 None Listed On Document
Warranty Deed $429,000 Attorney
Warranty Deed $250,000 Attorney
Warranty Deed $190,000 Attorney
Interfamily Deed Transfer -- Attorney
Interfamily Deed Transfer -- Attorney
Interfamily Deed Transfer -- Attorney
Source: Public Records

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