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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 home before you purchase this one?
Priced at Only: $3,250,000
For more Information Call:
Address: 628 Orange Avenue, SARASOTA, FL 34236
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More Like This
  • MLS#: A4618435 ( Land )
  • Street Address: 628 Orange Avenue
  • Viewed: 6
  • Price: $3,250,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: Not Available
  • Bldg sqft: 0
  • Days On Market: 150
  • Additional Information
  • Geolocation: 27.3418 / -82.5383
  • County: SARASOTA
  • City: SARASOTA
  • Zipcode: 34236
  • Subdivision: Halls Sub James S
  • Provided by: HARRY ROBBINS ASSOC INC
  • Contact: Ryan Miller
  • 941-924-8346
  • mfrmls
  • 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 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.
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  •   Principal & Interest -
  •   Property Tax $
  •   Home Insurance $
  •   HOA Fees $
  •   Mortgage Insurance-
  •   Monthly -
Features
Building and Construction
  • Covered Spaces: 0.00
  • Living Area: 0.00
Garage and Parking
  • Garage Spaces: 0.00
Eco-Communities
  • Water Source: Public
Utilities
  • Carport Spaces: 0.00
  • Sewer: Public Sewer
  • Utilities: Cable Connected, Electricity Available
Finance and Tax Information
  • Home Owners Association Fee: 0.00
  • Net Operating Income: 0.00
  • Tax Year: 2023
Other Features
  • Country: US
  • Current Use: Residential
  • Legal Description: LOT 2 BLK D HALL SUB
  • Area Major: 34236 - Sarasota
  • Parcel Number: 2026070063
  • Zoning Code: DTE
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Nearby Subdivisions
Bay Point Park 2   Bird Key Sub   Brynmawr To Vacate   Charles L Knight   Derringers Resub   Gillespie Parkl   Halls Sub James S   Lido Beach Div A   Lido C   Saint Armands Div John Ringlin   Schindler Sub   Sevilla   St Armands Division Of John Ri   Whitakers Landing