530 Gillespie Avenue
$819,000
4
1,700
1,700
$482
Description
Price reduced! Seller willing to offer several different scenarios of assistance… Credit at closing to assist with closing fees; Credit at closing to assist with the rate buy down; Guaranteed rent of $2500 a month for the first 12 months in the vacant unit. Your choice! Looking for a little history, a quaintness, a walkable neighborhood? Looking to live in one unit and rent the other? Looking for a wonderful investment? This is it. This wonderful duplex is located in Gillespie Park. Gillespie Park...Price reduced! Seller willing to offer several different scenarios of assistance… Credit at closing to assist with closing fees; Credit at closing to assist with the rate buy down; Guaranteed rent of $2500 a month for the first 12 months in the vacant unit. Your choice! Looking for a little history, a quaintness, a walkable neighborhood? Looking to live in one unit and rent the other? Looking for a wonderful investment? This is it. This wonderful duplex is located in Gillespie Park. Gillespie Park is a square mile grid of duplexes and brightly vibrant cottages. Walk to the 10-acre park complete with tennis courts, lake with ducks to feed and even a dog park. Instead of commercial activity at its center, it’s all around the edges. The south end of downtown with all its amenities literally across the street. The west end is the hip new Rosemary District. The east end, you’ll find a little bit of everything. So who lives in Gillespie Park? They’re a mixed crew of newcomers and longtime Sarasotans, all of whom revel in the atmosphere of diversity and progressive thought. The real charm here is this duplex. These mirror-image, 850 sf each side, two-bedroom, two-bath, coastal-modern units have been completely updated. Each unit has a laundry area and ample outdoor living space. Long-term tenant on 522side in place at $2,500/month. 530 side is available for an owner occupant or tenant. Projected NOI is $52k yielding a 6% cap rate when both sides rented out. Seller wants to Buyer to know that the lot can be divided.
- Listed by Robert Sherman • PREMIER SOTHEBYS INTL REALTY
Property Details for 530 Gillespie Avenue
Subdivision Name
CHARLES L KNIGHT SUB
Township36
WaterfrontNo
FurnishedUnfurnished
LISTING UPDATED: 12/02/2024 07:25 PM
Property Details for 530 Gillespie Avenue
Status | Active |
---|---|
MLS # | A4586971 |
Days on Market | 355 |
Taxes | $5,943 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income / Duplex |
Year Built | 1950 |
Lot Size | 0.20 AC / 8,602 SF |
County | Sarasota County |
Building Information for 530 Gillespie Avenue
Stories-Residences2Year Built1950Building Size-Lot Size0.20 AC / 8,602 SF
Property Information for 530 Gillespie Avenue
Property History for 530 Gillespie Avenue
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 530 Gillespie Avenue
Taxable ValueLand$363,300Additions$177,600Total$540,900
Tax Record2023$8,261 ($688 / month)
Home Facts
Baths3Total Finished SqFt1,638 SqFtAbove Grade Finished SqFt1,638 SqFtStories1Lot Size8,602 SqFtStyleDuplexYear Built1950Year Renovated2000ZoningDTNCountySARASOTAAPN2026-09-0029
Schools near 530 Gillespie Avenue
This home is within Sarasota.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | PK to 5 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Charter - | 6 to 12 |
Rating | School | Distance |
---|---|---|
Alta Vista Elementary School PublicPK to 5 | ||
Booker Middle School Public6 to 8 | ||
Booker High School Public9 to 12 | ||
Sarasota Military Academy Charter6 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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