1906 8th StreetSarasota, FL 34236Sale Price: $475,000

Very nice Duplex in Historic Gillespie Park, downtown Sarasota, this is an excellent opportunity to own an income producing property on a double corner lot across from the 10 acre Gillespie Park. This two family residence sits at the comer of 8th and Gillespie Avenue in the historic Gillespie Park neighborhood. The home boasts wood floors and Mexican tile, central AC and gas water heat. The DTN (Downtown Neighborhood) zoning provides for accessory dwelling units (garage apartments) as well as live/work opportunities. The corner lot allow for additional non-residential uses with restrictions. The 2 BR 1 BA unit delivers $1495 / mo. and the attached 1 BR / 1 BA attached apartment delivers $995 /mo. You can convert either to an office or studio. Live downtown and have your mortgage paid by the rental income. This park front property is an excellent investment due to the 2 build-able lots and the DTN Zoning. The property faces west and is directly across from the tennis courts. It is walk able to downtown and to the re visioned bay project. If you are looking for a great investment opportunity in one of Sarasota's hottest downtown neighborhood, you have found it