Price reduced! Seller willing to offer several different scenarios of assistance… Credit at closing to assist with closing fees; Credit at closing to assist with the rate buy down; Guaranteed rent of $2500 a month for the first 12 months in the vacant unit. Your choice! Looking for a little history, a quaintness, a walkable neighborhood? Looking to live in one unit and rent the other? Looking for a wonderful investment? This is it. This wonderful duplex is located in Gillespie Park. Gillespie Park is a square mile grid of duplexes and brightly vibrant cottages. Walk to the 10-acre park complete with tennis courts, lake with ducks to feed and even a dog park. Instead of commercial activity at its center, it’s all around the edges. The south end of downtown with all its amenities literally across the street. The west end is the hip new Rosemary District. The east end, you’ll find a little bit of everything. So who lives in Gillespie Park? They’re a mixed crew of newcomers and longtime Sarasotans, all of whom revel in the atmosphere of diversity and progressive thought. The real charm here is this duplex. These mirror-image, 850 sf each side, two-bedroom, two-bath, coastal-modern units have been completely updated. Each unit has a laundry area and ample outdoor living space. Long-term tenant on 522side in place at $2,500/month. 530 side is available for an owner occupant or tenant. Projected NOI is $52k yielding a 6% cap rate when both sides rented out. Seller wants to Buyer to know that the lot can be divided.
Property Details
Price:
$819,000
MLS #:
A4586971
Status:
Active
Beds:
4
Baths:
4
Address:
530 GILLESPIE AVENUE
Type:
Multi Family
Subtype:
Duplex
Subdivision:
CHARLES L KNIGHT SUB
Neighborhood:
34236 – Sarasota
City:
SARASOTA
Listed Date:
Nov 22, 2024
State:
FL
Finished Sq Ft:
2,162
Total Sq Ft:
2,162
ZIP:
34236
Lot Size:
8,602 sqft / 0.20 acres (approx)
Year Built:
1950
Units:
2
Schools
Elementary School:
Alta Vista Elementary
Middle School:
Booker Middle
High School:
Booker High
Interior
Appliances
Range, Refrigerator
Cooling
Central Air
Heating
Central, Electric
Exterior
Community Features
Park, Playground, Tennis Court(s)
Construction Materials
Block, Stucco
Exterior Features
Other
Roof
Shingle
Financial
Tax Year
2022
Taxes
$5,943
Map
Community
- Address530 GILLESPIE AVENUE SARASOTA FL
- SubdivisionCHARLES L KNIGHT SUB
- CitySARASOTA
- CountySarasota
- Zip Code34236
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Courtesy of PREMIER SOTHEBYS INTL REALTY. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the Stellar MLS. Detailed information about real estate listings held by brokerage firms other than CENTURY 21 Carioti include the name of the listing broker. Neither the listing company nor CENTURY 21 Carioti shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2024. Stellar MLS. All rights reserved.
530 GILLESPIE AVENUE
SARASOTA, FL
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