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628 Orange Avenue, SARASOTA, FL 34236
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628 Orange Avenue
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Would you like to sell your current home before you purchase this one? Click Here Like this Property? Submit an Offer Now
Priced at Only: $3,250,000
For more Information Call: (352) 279-4408
Address: 628 Orange Avenue, SARASOTA, FL 34236
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  • MLS#: A4618354 ( Residential Income )
  • Street Address: 628 Orange Avenue
  • Viewed: 4
  • Price: $3,250,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1926
  • Bldg sqft: 0
  • Bedrooms: 7
  • Total Baths: 4
  • Garage / Parking Spaces: 1
  • Days On Market: 113
  • Additional Information
  • Geolocation: 27.3419 / -82.538
  • County: SARASOTA
  • City: SARASOTA
  • Zipcode: 34236
  • Subdivision: Halls Sub James S
  • Provided by: HARRY ROBBINS ASSOC INC
  • Contact: Ryan Miller
  • 941-924-8346
  • DMCA Notice
  • 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 space. The centerpiece of this fascinating compound is the main bungalow house, a true gem that radiates warmth and comfort, perfectly complemented by a serene pebble tech 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 structures, or explore the potential to develop new 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.
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  •   Principal & Interest -
  •   Property Tax $
  •   Home Insurance $
  •   HOA Fees $
  •   Mortgage Insurance-
  •   Monthly -
Features
Building and Construction
  • Covered Spaces: 0.00
  • Exterior Features: Awning(s), Courtyard, Fence, Lighting, Private Mailbox, Sidewalk
  • Living Area: 3396.00
  • Roof: Metal, Shingle
Garage and Parking
  • Garage Spaces: 0.00
  • Open Parking Spaces: 0.00
Eco-Communities
  • Pool Features: In Ground
  • Water Source: Public
Utilities
  • Carport Spaces: 1.00
  • Cooling: Central Air
  • Heating: Central, Electric
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Other, Public, Sewer Available, Sewer Connected, Water Available, Water Connected
Finance and Tax Information
  • Home Owners Association Fee: 0.00
  • Insurance Expense: 0.00
  • Net Operating Income: 0.00
  • Other Expense: 0.00
  • Tax Year: 2023
Other Features
  • Country: US
  • Interior Features: Built-in Features, Ceiling Fans(s), Other, Primary Bedroom Main Floor
  • Legal Description: LOTS 6 & 8 & WLY 16.39 FT OF LOT 10, BLK D, HALL SUB, BEING SAME LANDS AS DESC IN ORI 2000030175 & ORI 2022041001 LOT 1 BLK D HALL SUB LOT 2 BLK D HALL SUB
  • Area Major: 34236 - Sarasota
  • Parcel Number: 2026070060
  • Possession: Close of Escrow
  • Zoning Code: DTN
Nearby Subdivisions
0273smiths E A Resub Lot 2 Sub   Burns Realty   Halls Sub James S   Lido Beach Div B 3   Lido Beach Div B Resub   Rhodes Hale Sub   Valencia Terrace Rev  
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  1. Tropic Shores Realty
  2. A Winning Team
  3. 352.684.7371
  4. tropicshoresrealty@gmail.com