Description
**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.
-
2BEDS
-
0.11ACRES
-
1BATHS
-
01/2 BATHS
-
650SQFT
-
$520$/SQFT
School Information
Description
**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.
© 2025 My Florida Regional MLS DBA Stellar MLS. All rights reserved. All listings displayed pursuant to IDX. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided for consumers personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Data last updated 2025-07-19T19:44:44.023.
