Video tour
$9,236 Closing Credit¹
#A4618413, Mark Flannagan, Listing Office: BRIGHT REALTY
$750,000 List price
530 Gillespie Ave Sarasota, FL 34236
$8,906
Closing credit¹
4 beds
4 baths
1,700 sqft
0.2 acres
$441 / sqft
Multi-Family
Property details
About 530 Gillespie Ave
$70,000 price reduction!!!! Looking for a little history, a quaintness, a walkable neighborhood? Looking to live in one unit and rent the other? Looking for a wonderful investment? This is it. This wonderful duplex is located in Gillespie Park. Gillespie Park is a square mile grid of duplexes and brightly vibrant cottages. Walk to the 10-acre park complete with tennis courts, lake with ducks to feed and even a dog park. Instead of commercial activity at its center, it’s all around the edges. The south end of downtown with all its amenities literally across the street. The west end is the hip new Rosemary District. The east end, you’ll find a little bit of everything. So who lives in Gillespie Park? They’re a mixed crew of newcomers and longtime Sarasotans, all of whom revel in the atmosphere of diversity and progressive thought. The real charm here is this duplex. These mirror-image, 850 sf each side, two-bedroom, two-bath, coastal-modern units have been completely updated. Each unit has a laundry area and ample outdoor living space. Long-term tenant on 522side in place at $2,500/month. 530 side is available for an owner occupant or tenant. Projected NOI is $52k yielding a 6% cap rate when both sides rented out. Seller wants to Buyer to know that the lot can be divided.
Highlights
Home typeDuplex
HeatingCentral, Electric
StatusActive
CoolingCentral Air
Size1,700 sqft
Lot size0.2 Acres
Year built1950
MLS #A4586971
Summary
- MLS Number: A4586971
- MLS Name: MFRMLS
- Office Name: PREMIER SOTHEBYS INTL REALTY
- Office Phone: (941) 364-4000
- Listing Agent: Robert Sherman
Listings courtesy of Stellar MLS as distributed by MLS GRID.
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS.
Copyright 2025 My Florida Regional Multiple Listing Service DBA Stellar MLS. The real estate listing data marked with this icon comes from the IDX program of the Stellar MLS system. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided exclusively for consumers’ personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Properties displayed may be listed or sold by various participants in the MLS.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/4/2025, 12:20:03 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Get an agent. Get a mortgage. Save big.¹
$750,000
530 Gillespie Ave
$8,906
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Mar 22, 2022 | Home Sold | $570,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $540,900 | $8,261 |
| 2022 | $479,900 | $5,943 |
| 2021 | $303,500 | $5,943 |
| 2020 | $276,400 | $4,754 |
| 2019 | $221,300 | $3,750 |
| 2018 | $216,948 | $3,929 |
| 2017 | $207,900 | $3,483 |
History based on county public records data.
Nearby schools
4
Tuttle Elementary School
Public District PK-5
1.2 mi
•2863 8th St
4
Emma E. Booker Elementary School
Public District PK-5
1.3 mi
•2350 Dr Martin Luther King Way
5
Alta Vista Elementary School
Public District PK-5
1.4 mi
•1050 S Euclid Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $24,124. The majority of Sarasota, FL residents have income less than $<35k annually. Residents typically live in single, no kids family. Typical level of education for residents in this area is high school diploma.
How much money do the neighbors make?
60%
<35k
18%
35k-100k
22%
100k-200k
0%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
53%
Single, No Kids
21%
Single, with Kids
11%
Married, No Kids
15%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
17%
<11 yrs old
6%
12-17 yrs old
33%
18-34 yrs old
38%
35-64 yrs old
6%
65+ yrs old
What do the neighbors do for fun?
Pro Boxing
Soccer
Figure Skating
Where do the neighbors shop?
Burlington
Forever 21
Family Dollar
Where do the neighbors go to eat?
Popeyes
Dominos Pizza
Church's Chicken
What do the neighbors drive?
Dodge
Mazda
Cadillac
What do the neighbors listen to?
Urban Contemporary
Rhythmic Contemporary Hits
Jazz
All data provided by Home Junction and Claritas
Similar homes for sale
Video tour
$10,000 Closing Credit¹
#A4617143, Steve Moser, PA, Listing Office: WEICHERT REALTORS HALLMARK PROPERTIES
Video tour
$10,000 Closing Credit¹
#A4619451, Ryan Skrzypkowski, Listing Office: COLDWELL BANKER REALTY
#A4618354, Ryan Miller, Listing Office: HARRY ROBBINS ASSOC INC
$10,000 Closing Credit¹
#A4634200, Ryan Miller, Listing Office: HARRY ROBBINS ASSOC INC
This home is located at 530 Gillespie Ave in Sarasota, FL and zip code 34236 in the Gillespie Park neighborhood. This 1,700 square foot home, which was built in 1950, sits on a 0.20 acre lot. Features: 4 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since November 1, 2023 and is currently priced at $750,000.
While more than 17 listings in Sarasota, FL in February 2025 were sold above asking price, there were more than 62 listings sold at asking price, and more than 258 were sold below. In February 2025 in Sarasota, FL there were 10.1% more homes for sale than in January. In February 2025, listings were on the market for 72 days. During the same period, the median list price in this real estate market was $510,555.
From Rocket Homes Real Estate and based on county public records data.