$2,950,000
$300K PRICE DROP

Estimated payment $16,771/month

Total Views 5,322
7 Beds
4 Baths
3,396 Sq Ft
$869 Price per Sq Ft

Highlights

  • In Ground Pool
  • 0.69 Acre Lot
  • No HOA
  • Booker High School Rated A-
  • Main Floor Primary Bedroom
  • Built-In Features

About This Home

Developer alert! Gillespie Park in Downtown Sarasota.

An amazing opportunity to develop 30 residential units in the charming Gillespie Park Subdivision, a short walk or bike ride to Downtown Sarasota. The architectural conceptual plan designed by Hoyt Archtitects contains a site plan with a perfect mix of smaller and larger residential units with on site parking for 30 cars and street parking for approximately 5 cars. Units range from 875 square foot condos to 2,600 square foot townhomes. 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. 30,000 square feet of land offers a mixture of Downtown Edge (DTE) and Downtown Neighborhood (DTN) zoning. This is a rare chance to own a piece of Sarasota's charm and develop it into a wonderful place to live!

Listing Agent

Ryan Miller

HARRY ROBBINS ASSOC INC Brokerage Phone: 941-924-8346 License #3457308 Listed on: 07/26/2024

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,167

Year Built

  • Built in 1926

Lot Details

  • 0.69 Acre Lot
  • Lot Dimensions are 100x129
  • Fenced
  • Additional Parcels

Home Design

  • Quadruplex
  • Block Foundation
  • Slab Foundation
  • Shingle Roof
  • Metal Roof
  • Wood Siding
  • Block Exterior
  • Stucco

Interior Spaces

  • 3,396 Sq Ft Home
  • Built-In Features
  • Ceiling Fan
  • Awning
  • Crawl Space
  • Laundry Room

Bedrooms and Bathrooms

  • 7 Bedrooms
  • Primary Bedroom on Main
  • 4 Bathrooms

Parking

  • 1 Carport Space
  • 1 Parking Garage Space

Outdoor Features

  • In Ground Pool
  • Courtyard
  • Exterior Lighting
  • Private Mailbox

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Community Details

  • No Home Owners Association
  • 4 Buildings
  • 4 Units
  • Gillespie Park Sub Community
  • Halls Sub James S Subdivision

Listing and Financial Details

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,167

Year Built

Built in 1926

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Quadruplex
  • Construction Materials: Block, Other, Stucco, Wood Siding
  • Fireplace: No
  • Living Area: 3396
  • Lot Size Acres: 0.69
  • New Construction: No
  • Year Built: 1926
  • Lot Size Sq Ft: 30153
  • Number Of Lots: 3
  • Directions to Property: From Tamiami Trail, turn onto 10th St. Turn right onto N Orange Ave. Properties are located on the corner of N Orange and 7th St.
  • Status: Active
  • Street Direction: N
  • Ownership: Fee Simple
  • Available for Lease YN: 1
  • Escrow State: FL
  • List Office Head Office Key Nume: 1046632
  • Minimum Lease: 1 Week
  • RATIO Current Price By Calculate: 868.67
  • Total Acreage: 1/2 to less than 1
  • Unit Number YN: 0
  • Water Access YN: 0
  • MFR_NumAssignedParkingSpaces: 1
  • Attribution Contact: 941-924-8346
  • Tax Year: 2023
  • Special Features: None

Interior Features

  • Living Area Units: Square Feet
  • Interior Amenities: Built-in Features, Ceiling Fans(s), Other, Primary Bedroom Main Floor
  • Foundation Details: Block, Crawlspace, Other, Slab
  • Total Bedrooms: 7
  • Street Number Modifier: 628
  • Living Area Meters: 315.50

Exterior Features

  • Pool Features: In Ground
  • Exterior Features: Awning(s), Courtyard, Fence, Lighting, Private Mailbox, Sidewalk
  • Roof: Metal, Shingle
  • Pool Private: Yes
  • Waterfront: No
  • Road Surface Type: Paved
  • Water Extras YN: 0
  • Water View YN: 0
  • Waterfront Feet Total: 0

Garage/Parking

  • Carport Spaces: 1
  • Carport Y N: Yes
  • Garage Yn: No

Utilities

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

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Association 2 YN: 0

Fee Information

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

Lot Info

  • Zoning: DTN
  • Parcel Number: 2026070060
  • Additional Parcels Description: 2026-07-0062, 2026-07-0063
  • Additional Parcels: Yes
  • Lot Dimensions: 100x129
  • Flood Zone Code: X
  • Lot Size Square Meters: 2801

Green Features

  • Green Verification Count: 0

Rental Info

  • Additional Lease Restrictions: Contact City of Sarasota for all leasing restrictions.

Multi Family

  • Number Of Units Total: 4
  • Total Num Buildings: 4
  • Unit Count: 4

Tax Info

  • Tax Annual Amount: 5167.23
  • Tax Block: D
  • Tax Book Number: 1-27
  • Tax Lot: 6

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 $5,633 $371,600 $314,800 $56,800
2023 $5,633 $370,300 $307,400 $62,900
2022 $4,080 $355,700 $301,200 $54,500
2021 $3,609 $277,200 $214,500 $62,700
2020 $2,770 $163,700 $106,800 $56,900
2019 $2,724 $170,700 $111,500 $59,200
2018 $2,978 $223,700 $159,500 $64,200
2017 $2,841 $127,191 $0 $0
2016 $2,641 $195,200 $125,800 $69,400
2015 $2,361 $162,300 $109,400 $52,900
2014 $1,766 $83,710 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/03/2025 01/03/25 Price Changed $2,950,000 0.0% --
01/03/2025 01/03/25 Price Changed $2,950,000 -9.2% $869 / Sq Ft
10/23/2024 10/23/24 For Sale $3,250,000 0.0% $957 / Sq Ft
10/23/2024 10/23/24 For Sale $3,250,000 0.0% --
08/27/2024 08/27/24 Pending -- -- --
08/27/2024 08/27/24 Pending -- -- --
07/27/2024 07/27/24 Price Changed $3,250,000 +1.6% --
07/26/2024 07/26/24 For Sale $3,200,000 -1.5% --
07/26/2024 07/26/24 For Sale $3,250,000 -- $957 / Sq Ft
Source: Stellar MLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed $100 None Listed On Document
Warranty Deed $475,000 Lopez & Skokos Pa
Interfamily Deed Transfer -- Attorney
Deed $100 --
Source: Public Records

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Source: Stellar MLS

MLS Number: A4618354

Stellar MLS

APN: 2026-07-0063