#A4631424, Mark Coppens, Listing Office: LIVING VOGUE LLC
Property details
About 628 N Orange Ave
Discover a unique and outstanding investment opportunity nestled in the heart of Sarasota's sought-after Gillespie Park neighborhood. This remarkable collection consists of three parcels featuring a charming main Florida bungalow home, a detached 1-bedroom apartment, plus two additional single-family homes, each with three bedrooms. Embrace the luxury of owning nearly 0.69 acres of prime real estate in a vibrant community. 30,000 square feet of land offers a mixture of Downtown Edge (DTE) and Downtown Neighborhood (DTN) zoning. DTE zoning allows for up to 25 units an acre, and DTN allows for up to 12 units an acre; however, the DTE portion qualifies for the Density Bonus program, which qualifies for the development of up to 34 units and commercial development The centerpiece of this fascinating compound is the main bungalow house, a true gem that radiates warmth and comfort, perfectly complemented by a serene swimming pool and an inviting paver patio, ideal for soaking up the Florida sun or hosting unforgettable gatherings. The carefully designed outdoor spaces promise endless hours of relaxation and enjoyment. Adding to the allure, a cozy 1-bedroom apartment offers privacy and convenience with its separate parking and entrance, presenting a perfect opportunity for rental income or guest accommodation. The two additional parcels, each featuring a 3-bedroom single-family home, offer a wealth of options for the discerning investor or homeowner. Live in the main residence and generate income by renting out the other properties, or explore the potential to build anew in this prime location. Gillespie Park is well-known for its tranquil atmosphere, friendly community, and proximity to downtown Sarasota's bustling array of shops, restaurants, arts, and entertainment options. This is a rare chance to own a piece of Sarasota's charm with the added flexibility and potential that these parcels offer.
Highlights
Home typeOther
StatusActive
Lot size0.69 Acres
MLS #A4618435
Summary
- MLS Number: A4618435
- MLS Name: MFRMLS
- Office Name: HARRY ROBBINS ASSOC INC
- Office Phone: (941) 924-8346
- Listing Agent: Ryan Miller
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Last updated on: 2/1/2025, 9:20:02 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$2,950,000
628 N Orange Ave
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Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Jun 03, 2022 | Home Sold | $475,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $370,300 | $5,633 |
| 2022 | $355,700 | $4,079 |
| 2021 | $277,200 | $4,079 |
| 2020 | $163,700 | $1,078 |
| 2019 | $153,901 | $2,723 |
| 2018 | $139,910 | $2,977 |
| 2017 | $214,900 | $2,840 |
History based on county public records data.
Nearby schools
4
Emma E. Booker Elementary School
Public District PK-5
1.4 mi
•2350 Dr Martin Luther King Way
4
Tuttle Elementary School
Public District PK-5
1.6 mi
•2863 8th St
7
Bay Haven School of Basics Plus
Public Magnet KG-5
1.6 mi
•2901 W Tamiami Cir
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 $31,966. Most Sarasota, FL residents have annual incomes less than $<35k. The majority of families are single, no kids. The most common level of education of people living in this area is high school diploma.
How much money do the neighbors make?
58%
<35k
37%
35k-100k
5%
100k-200k
0%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Doctorate
What types of families live nearby?
59%
Single, No Kids
18%
Single, with Kids
10%
Married, No Kids
13%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
17%
<11 yrs old
7%
12-17 yrs old
37%
18-34 yrs old
35%
35-64 yrs old
4%
65+ yrs old
What do the neighbors do for fun?
Pro Boxing
Minor League Baseball Games
Soccer
Where do the neighbors shop?
Burlington
New York & Company
Forever 21
Where do the neighbors go to eat?
Popeyes
Chick-fil-A
Dominos Pizza
What do the neighbors drive?
Dodge
Kia
Mazda
What do the neighbors listen to?
Urban Contemporary
Talk/Personality
Rhythmic Contemporary Hits
All data provided by Home Junction and Claritas
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Frequently asked questions
About 628 N Orange Ave
This home is located at 628 N Orange Ave in Sarasota, FL and zip code 34236 in the Gillespie Park neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since July 26, 2024 and is currently priced at $2,950,000.
While more than 18 listings in Sarasota, FL in January 2025 were sold above asking price, there were more than 55 listings sold at asking price, and more than 283 were sold below. The inventory of homes for sale in Sarasota, FL between December and January 2025 increased by 16.8%. While the average time on the market in January 2025 was 66 days, the median list price was $510,794.
From Rocket Homes Real Estate and based on county public records data.