Language and Region
Currency

This feature is unavailable at the moment.

We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.

Please check back in a few minutes. We apologize for the inconvenience.

- LoopNet Team

You must register your contact information to view secure information on this listing.

Email*

Please enter a valid email address.

Note: To send this property to multiple individuals, insert a semi-colon between each recipient's email address.

Send me a copy

932 characters remaining

LoopNet has taken a strong stance against the practice of sending unsolicited commercial emails, also known as "spam." Please send these emails only to people you know who would be interested in this property. If someone asks you not to send these emails to them, please comply.

thank you

Your email has been sent!

Gillespie Park Tropical Paradise 1663 4th St

2 Unit Apartment Building $849,000 ($424,500/Unit) Sarasota, FL 34236

.mosaic-column{display:inline-block!important;height:100%!important;width:auto!important}.mosaic-tile i{display:none!important}.mosaic-tile img{height:100%!important;width:auto!important}

Investment Highlights

Tropical paradise
Studio apartment

Main home with 2 bed / 2 bath

Executive Summary

INVESTOR ALERT! This opportunity does not come along often! Located in one of the most charming neighborhoods in DOWTOWN SARASOTA! Gillespie Park is within walking distance to all that Downtown has to offer. A plethora of shopping/dining options and a short distance to BayfrontPark, Marina Jack, Main St., Van Wezel, the Airport and much more! This parcel includes a 2/2 main home plus a studio apartment over the mainhome with private entrance - endless opportunities await! Both the primary home and studio offer classic charm, including a brick fireplace in themain home, front porch, original hardwood flooring, Florida landscape, and more. New Metal Roof in 2020! Outside is a tropical oasis with lushlandscaping, bamboo and great character. Zoned DTN. Reach out today for more information on this incredible opportunity and to see foryourself!. NOTE. This property is part of a package that includes 1677 4th St. for an additional $ 1,125,000. See 1677 4th St.

Property Facts

Price	$849,000	Property Subtype	Apartment
Price Per Unit	$424,500	Apartment Style	Single Family Home
Sale Type	Investment	Building Size	2,160 SF
Sale Conditions	Bulk/Portfolio Sale	No. Stories	2
No. Units	2	Year Built	1926
Property Type	Multifamily	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

Price	$849,000
Price Per Unit	$424,500
Sale Type	Investment
Sale Conditions	Bulk/Portfolio Sale
No. Units	2
Property Type	Multifamily
Property Subtype	Apartment
Apartment Style	Single Family Home
Building Size	2,160 SF
No. Stories	2
Year Built	1926
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.