$479,900
About this home
Gillespie Park Triplex Investment Opportunity! Located in the highly sought-after Gillespie Park area of Sarasota, this 1,983 SF triplex offers an excellent opportunity to renovate and reposition a multi-unit property in one of Sarasota's desirable in-town locations. The property features three separate units with a total of 6 bedrooms and 3 baths, each having a Kitchen with living/dining combination, providing flexible income-producing potential. Zoned DTE, the property offers a variety of possibilities for an investor or owner looking to create value in a sought-after Sarasota location. Conveniently located near downtown Sarasota, Gillespie Park, restaurants, shopping, entertainment, and the area's beautiful beaches. With its desirable location, three-unit configuration, and redevelopment potential, this property is an excellent opportunity to bring new life to a multi-family asset in an established Sarasota neighborhood. Buyer to verify all zoning, dimensions, uses, and redevelopment possibilities with the appropriate governing authorities. All information recorded in the MLS is intended to be accurate but cannot be guaranteed, buyer advised to verify.
Property details
- MLS
- Stellar MLS
- MLS #
- MFRO6433142
- Property type
- Half Duplex
- Subdivision
- PETROUTSA BROTHERS SUB
- Status
- Active
- Days on market
- 19
- On market date
- August 13, 2026
- Stories
- N/A
- Total bathrooms
- 4
- Garage spaces
- N/A
- Parking spaces
- N/A
- Lot size
- 0.11 acres
Location
Get directions →Nearby schools
Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card.
- Enrollment
- 516
- Student:teacher ratio
- 11.5:1
- District
- SARASOTA
- Enrollment
- 752
- Student:teacher ratio
- 18.8:1
- District
- SARASOTA
- Enrollment
- 1,251
- Student:teacher ratio
- 13.9:1
- District
- SARASOTA
Walkability
Blended score for SARASOTA's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).
Market position
How this listing compares to current activity in SARASOTA, from live MLS data.
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Data source: Listing information provided by Stellar MLS (mfrmls) via Trestle/CoreLogic. Last updated September 1, 2026.
Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.