FL
Sarasota
SARASOTA
34236
628 N ORANGE AVENUE
628 N ORANGE AVENUE, SARASOTA, FL 34236
Listing Type
Lots/Land
Listing Status
active
80
$2,950,000

Home Details for 628 N ORANGE AVENUE

Price
$2,950,000
Type
Land
Bedrooms
0
Bathrooms
0.0
Square feet
NaN
Lot size acres
0.69
County
Sarasota
Garage
Days on site
177
MLS Listing#
A4618435
Listing courtesy: HARRY ROBBINS ASSOC INC - 941-924-8346
Property Description

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 Features
  • Utilities
    • Cable Available
    • Cable Connected
    • Electricity Available
  • Water Features
    • Public
Listings courtesy of Stellar MLS as distributed by MLS GRID. Based on information submitted to the 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. Listing information is provided for consumers? personal, non-commercial use, solely to identify prospective properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Information deemed reliable but not guaranteed. Copyright ©2025 MLS GRID. All Rights Reserved.
Last Updated: 2025-01-15 10:13:54
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EXIT KING REALTY
3900 Clark Rd. Unit H3-H4, Sarasota, FL 34233
Office
941 497 6060
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