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522-530 GILLESPIE AVE Sarasota, FL 34236
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Key Details
Sold Price $570,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 1,638 sqft
Price per Sqft $347
Subdivision Charles L Knight
MLS Listing ID A4524902
Sold Date 03/21/22
HOA Y/N No
Year Built 1950
Annual Tax Amount $4,563
Lot Size 8,712 Sqft
Acres 0.2
Property Description
Great investment opportunity with duplex building in good condition and tenants in place (one tenant for 10 years). Rents are below market, providing room for increasing rents. Both units are 2 bedroom, 2 bath with bonus room and fenced rear yards for privacy. One unit with ceramic tile floors and other unit with wood-grain vinyl floors. Central air/heat; washer/dryer hookups in covered area off back bonus room; covered patio in front and small patio area in rear. The property is located in the Gillespie Park neighborhood in convenient proximity to all vibrant Downtown Sarasota dining, art, shopping, entertainment and cultural venues as well as Sarasota's Bayfront, beaches, St. Armand's Circle. Beyond the steps to Downtown, main transportation corridors easily allow for all of the area's natural resources to be enjoyed. A 10-acre park is in the center of the neighborhood and includes such amenities as tennis/pickelball courts, basketball court, playground, walking paths, a Canine Club (fully fenced dog park), Butterfly Garden, fitness equipment, pond and large open green space. For alternative use, zoning in this Downtown Neighborhood (DTN) district allows for building of residences on 3,600 square foot lots as well as an accessory structure with up to 600 square feet of living space. This property is located on an 8,602 square foot corner lot and would allow for two buildable lots.
Location
State FL
County Sarasota
Community Charles L Knight
Zoning DTN
Rooms
Other Rooms Bonus Room
Interior
Interior Features Ceiling Fans(s), Living Room/Dining Room Combo, Master Bedroom Main Floor, Window Treatments
Heating Central, Electric
Cooling Central Air
Flooring Ceramic Tile, Laminate
Fireplace false
Appliance Electric Water Heater, Microwave, Range, Range Hood, Refrigerator
Laundry Outside
Exterior
Exterior Feature Fence
Parking Features Curb Parking, Driveway
Community Features Park, Playground, Sidewalks, Tennis Courts
Utilities Available Cable Available, Cable Connected, Electricity Available, Electricity Connected
Roof Type Shingle
Porch Front Porch, Patio
Attached Garage false
Garage false
Private Pool No
Building
Lot Description Corner Lot
Entry Level One
Foundation Slab
Lot Size Range 0 to less than 1/4
Sewer Public Sewer
Water Public
Structure Type Block
New Construction false
Schools
Elementary Schools Alta Vista Elementary
Middle Schools Booker Middle
High Schools Booker High
Others
Senior Community No
Ownership Fee Simple
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition None
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Bought with MICHAEL SAUNDERS & COMPANY