Fantastic investment property equipped with 3 separate bungalows and an oversized lot consisting of approximately 0.45 acres of space. Each bungalow has over 720 sf of space. The current configuration is ideal for owner operator to live in one home and lease out the other bungalows. Turn this into a short term or long term rental.
The property is currently zoned DTN (downtown neighborhood) which provides the ability to construct up to 6 total units on the lot.
This is an ideal location in the heart of Gillespie Park. Located just north of downtown Sarasota and just off US-41 makes this an ideal spot. Property is located in an area seeing multiple redevelopments and renovations of surrounding properties. Easy access to the site. Close proximity to public park, shops, restaurants, offices, Marina Jacks, Bayfront, and other downtown amenities.
