Land - Real Estate in Sarasota
Listing Price: $650,000 (Mortgage Calculator →)
Description of Property
Prime Redevelopment Opportunity in Gillespie Park Currently configured as a duplex, this property offers excellent potential to be transformed into a spacious single-family home or an income-generating multifamily residence. Located in the desirable Gillespie Park neighborhood, just north of downtown Sarasota, this DTN-zoned lot is ideal for investors or homeowners seeking value and location. Each unit features 2 bedrooms and 1 bathroom, with individual water and electric meters and in-unit laundry. One unit is currently leased month-to-month at $1,600, while the other is vacant and undergoing renovation—offering immediate upside potential. Don't miss this chance to invest in one of Sarasota's most sought-after neighborhoods with strong rental demand and future development promise.
Property Details At A Glance
Property Type: Land
City: Sarasota
County: Sarasota
Subdivision: Schindler Sub
Annual Tax: $5,864
Taxes and fees can change periodically, and other fees may apply. Please check with your Suncoasteam agent for more details.
Sewer: Public Sewer
Water Source: Public
Lot Information
Lot Size (acres): 0.17
Lot Size (sq. ft.): 7,610 square feet
Lot Dimensions: 50 x 152.2
Front Exposure: North
Legal Description & Other Information
Financing Available: Conventional
Parcel Number: 2026070021
Zoning: DTN
Tax Legal Desc.: LOT 8 BLK D SCHINDLER SUB
Section: 19
Range: 18
Listing courtesy of INVESTUS REALTY LLC. The information relating to real estate for sale on this website comes in part from the My Florida Regional MLS DBA Stellar MLS. This information is provided exclusively for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS.