628 N Orange Avenue
Sarasota, FL 34236  •  Multi Family  •  For Sale  •  Active
$3,250,000
  • $3,250,000 Price
Property Highlights

  • Property Type: Multi Family, Quadruplex
  • MLS #: A4618354
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...
General Information

Area 34236 - Sarasota
Carport Spaces 1
Number of Units Total 4
Property Type Quadruplex
Taxes $5,167
Listed by Ryan Miller, Harry Robbins Assoc Inc.
Data provided by Stellar MLS.
Carport Yes
Number of Lots 3
Property Subtype Residential Income
Subdivision Halls Sub James S
Utilities Natural Gas Available, Cable Available, Electricity Available, Electricity Connected, Natural Gas Connected, Other, Sewer Available, Sewer Connected, Water Available, Water Connected