Discover a unique and outstanding investment opportunity nestled in the heart of Sarasota's sought-after Gillespie Park neighborhood. This remarkable collection consists of three parcels featuring a charming main Florida bungalow home, a detached 1-bedroom apartment, plus two additional single-family homes, each with three bedrooms. Embrace the luxury of owning nearly 0.69 acres of prime real estate in a vibrant community. 30,000 square feet of land offers a mixture of Downtown Edge (DTE) and Downtown Neighborhood (DTN) zoning. DTE zoning allows for up to 25 units an acre, and DTN allows for up to 12 units an acre; however, the DTE portion qualifies for the Density Bonus program, which qualifies for the development of up to 34 units and commercial development The centerpiece of this fascinating compound is the main bungalow house, a true gem that radiates warmth and comfort, perfectly complemented by a serene swimming pool and an inviting paver patio, ideal for soaking up the Florida sun or hosting unforgettable gatherings. The carefully designed outdoor spaces promise endless hours of relaxation and enjoyment. Adding to the allure, a cozy 1-bedroom apartment offers privacy and convenience with its separate parking and entrance, presenting a perfect opportunity for rental income or guest accommodation. The two additional parcels, each featuring a 3-bedroom single-family home, offer a wealth of options for the discerning investor or homeowner. Live in the main residence and generate income by renting out the other properties, or explore the potential to build anew in this prime location. Gillespie Park is well-known for its tranquil atmosphere, friendly community, and proximity to downtown Sarasota's bustling array of shops, restaurants, arts, and entertainment options. This is a rare chance to own a piece of Sarasota's charm with the added flexibility and potential that these parcels offer.
Property Details
Property Features
Listing Office:
Office Name: HARRY ROBBINS ASSOC INC
Office Phone: (941) 924-8346
Listing Agent: Ryan Miller
Lot Features
Lot Information:
Lot Size: 0.69 Acres
Other
Directions Information:
Directions: From Tamiami Trail, turn onto 10th St. Turn right onto N Orange Ave. Properties are located on the corner of N Orange and 7th St.
Price Information
Listing Price Info
Price Summary:
List Price: $3,250,000
Tax Information:
Annual Amount: $683
Tax Year: 2020
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Housing Market Comparison
See how this home compares to others in Sarasota, FL.
This property is $2.7M more than the Median Sold Price in Sarasota, FL.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: MFRMLS
MLS Number: #A4618435
Listing Office:
Office Name: HARRY ROBBINS ASSOC INC
Office Phone: (941) 924-8346
Listing Agent: Ryan Miller
Listings courtesy of Stellar MLS as distributed by MLS GRID.
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Copyright 2024 My Florida Regional Multiple Listing Service DBA Stellar MLS. The real estate listing data marked with this icon comes from the IDX program of the Stellar MLS system. All information provided is deemed reliable but is not guaranteed and should be independently verified. 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 exclusively 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. Properties displayed may be listed or sold by various participants in the MLS. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 11/14/2024, 10:49:48 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Tax History
YEAR
PROP. TAX
ASSESSMENT
2020
$683
$163,700
2019
$2,723
$153,901
2018
$2,978
$139,910
2017
$2,841
$214,900
History based on county public records data.
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
4
/10
Emma E. Booker Elementary School
2350 Dr Martin Luther King Way
Distance between this listing and this school1.44 miles
Public District Grades PK-5
4
/10
Tuttle Elementary School
2863 8th St
Distance between this listing and this school1.58 miles
Public District Grades PK-5
7
/10
Bay Haven School of Basics Plus
2901 W Tamiami Cir
Distance between this listing and this school1.61 miles
Public Magnet Grades KG-5
Nearby Schools
7
/10
Sarasota School of Arts/Sciences
717 Central Ave
Distance between this listing and this school0.30 miles
Public Charter Grades 6-8
2
/10
Suncoast School for Innovative Studies
845 S School Ave
Distance between this listing and this school1.97 miles
Public Charter Grades PK-8
3
/10
Booker Middle School
2250 Myrtle St
Distance between this listing and this school2.00 miles
Public Magnet Grades 6-8
Nearby Schools
4
/10
Sarasota Military Academy
801 N Orange Ave
Distance between this listing and this school0.15 miles
Public Charter Grades 6-12
4
/10
Sarasota High School
2155 Bahia Vista St
Distance between this listing and this school1.40 miles
Public District Grades 9-12
3
/10
Booker High School
3201 N Orange Ave
Distance between this listing and this school1.69 miles
The neighbors living near this home have an average income of $31,966. Typical income of Sarasota, FL residents is less than $35k annually. Typical family type is single, no kids. Typical level of education for residents in this area is high school diploma.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 628 N Orange Ave
What is the listing price of this property?
The listing price of 628 N Orange Ave property is $3,250,000.
What type of property is this?
The property 628 N Orange Ave is land located in Sarasota, Florida, 34236.
Is this property for sale now?
Active Listing: 628 N Orange Ave is For Sale (Active/New) which means the seller is accepting offers.
What is the annual property tax for this property?
According to the records, the last property tax for 2020 is $683 (source: MLS/based on county public records data).
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This home is located at 628 N Orange Ave in Sarasota, FL and zip code 34236 in the Gillespie Park neighborhood. This home sits on a 0.69 acre lot. It has been listed on Rocket Homes since July 26, 2024 and is currently priced at $3,250,000.
Sarasota, FL housing market in October 2024 saw over 13 listings sold above listed price, more than 47 sold at listed price and over 242 sold below. In October 2024 in Sarasota, FL there were 0.8% less homes for sale than in September 2024. In October 2024 median list price was $520,718 and the average listing age was 62 days.
From Rocket Homes Real Estate and based on county public records data.
Listings courtesy of Stellar MLS as distributed by MLS GRID.
Copyright 2024 My Florida Regional Multiple Listing Service DBA Stellar MLS. The real estate listing data marked with this icon comes from the IDX program of the Stellar MLS system. All information provided is deemed reliable but is not guaranteed and should be independently verified. 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 exclusively 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. Properties displayed may be listed or sold by various participants in the MLS.
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