Residential Property - Single Family Residence in Sarasota
Listing Price: $947,000 (Mortgage Calculator →)
Description of Property
Downtown Sarasota Investment Opportunity! Updated Gillespie Park property with rare 7-day minimum rental flexibility, ADU potential, and strong investment appeal just minutes from downtown Sarasota, The Bay Park, St. Armands Circle, and Lido Beach. This updated home blends classic mid-century character with modern upgrades including terrazzo floors, renovated kitchen with granite countertops, newer appliances, flexible living spaces, and a newer primary suite addition with walk-in closet and private bath. The private backyard offers room for a future pool and possible accessory dwelling unit (ADU), subject to City approval, creating additional long-term value and rental potential. Recent updates include windows, HVAC, hot water heater, washer, and dryer for added move-in-ready convenience. Ideal as a primary residence, seasonal retreat, or income-producing Sarasota investment property in one of downtown’s most desirable neighborhoods. Buyer to verify all measurements, rental restrictions, zoning, ADU potential, and all property information. Property may have audio and/or video surveillance.
Property Details At A Glance
Property Type: Residential
Property Use or Sub Type: Single Family Residence
City: Sarasota
County: Sarasota
Subdivision: Inwood Park First Add
Bedrooms: 3
Bathrooms: 2
Sq. Ft. Gross: 1,468
Sq. Ft. Living Area: 1,354
Cost per (heated) sqare foot: $699
Year built: 1954
Annual Tax: $6,459
Taxes and fees can change periodically, and other fees may apply. Please check with your Suncoasteam agent for more details.
Appliances: Washer
Additional Rooms: Inside Utility
Flooring: Terrazzo
Schools
Elementary School: Alta Vista Elementary
Middle/Junior High School: Booker Middle
High School: Booker High
Pool & Waterfront Info
Private Pool: Not specified
Exterior & Construction
Construction: Block
Foundation: Slab
Roof: Shingle
Exterior Features: Rain Gutters
Floors in Unit: One
Cooling: Mini-Split Unit(s)
Heating & Fuel: Electric
Patio & Porch Features: Rear Porch
View: Garden
Fencing: Fenced
Sewer: Public Sewer
Water Source: Public
Community Features: Tennis Court(s)
Lot Information
Lot Size (acres): 0.18
Lot Size (sq. ft.): 7,920 square feet
Front Exposure: West
Legal Description & Other Information
Parcel Number: 2026090044
Zoning: DTN
Tax Legal Desc.: LOT 3 & N 20.37 FT OF LOT 4 LESS E 66 FT THEREOF, BLK 1, 1ST ADD TO INWOOD PARK
Section: 19
Range: 18
Listing courtesy of DOUGLAS ELLIMAN. 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.