919 N OSPREY AVENUE, Sarasota, FL, 34236 | $675,000

Embrace the charm of Gillespie Park as you tour this 1948 downtown triplex. Gillespie Park is known for its historic character, mature tree-lined streets, and proximity to the vibrant cultural scene of downtown Sarasota. Being within the city limits allows for the flexibility of weekly rentals making it a terrific investment opportunity. This generous 8, 346 sf lot offers the possibility of development in the DTE, Downtown Edge zoning, which is under the Florida Live Local Act. Nestled in the heart of this vibrant neighborhood, this delightful main home boasts two cozy bedrooms, full bath, front porch, screened porch and picket fenced front yard with garden. Adjacent to the main home is a sweet studio apartment with combo living and bedroom, kitchen, full bath and walk-in closet. If that’s not enough, you will find an adorable cottage with a sleeping alcove, full bath, and french doors out to a private screened porch. Arched entry to laundry facilities which all three units share. Peace of mind with concrete construction, masonry walls and in flood zone X. There is plenty of room for parking, gardening and enjoying the fresh air. The property has been thoughtfully and lovingly updated while preserving its vintage charm. Just steps away you will find the walkable Rosemary District, a hip neighborhood with artisan cafes and modern bistros. Across the street you can enjoy the reconstructed Gillespie Park with a tree-lined ten-acre park including playground, picnic area, basketball, tennis and pickle ball courts, a scenic pond, and dog park. Easy bike ride to explore art galleries, fine dining, shopping and all the culture Sarasota has to offer. Short distance to the new Bay Park with 53 acres for your walking, playing and picnicking pleasure. A new police substation is a block away. Main house is vacant ($1700) while the studio ($1150) and cottage ($1175) are tenant occupied.

Features

  • Rooms: 5
  • Bedrooms: 4
  • Baths: 3 full
  • Laundry: Laundry Room
  • Style: Cottage
  • Year Built: 1948
  • Heating: Central, Wall Units / Window Unit
  • Cooling: Central Air, Wall/Window Unit(s)
  • Approx Sq. Feet: 1,800
  • Acreage: 0.19
  • Est. Taxes: $4,814
  • Lot Desc: City Lot, Landscaped
  • View: Park/Greenbelt
  • Elem. School: Alta Vista Elementary
  • Middle School: Booker Middle
  • High School: Booker High
  • Appliances: Dryer, Electric Water Heater, Range, Refrigerator, Washer
  • MLS#: A4645346
  • Days on Market: 6 days
  • Website: https://www.raveis.com
    /prop/A4645346/919nospreyavenue_sarasota_fl?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of MFRMLS (My Florida Regional MLS DBA Stellar MLS). The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. (last updated 5/12/2025 5:17:15 PM)
Listing courtesy of Coldwell Banker Realty   Phone: 941-366-8070

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NMLS Mortgage Loan Originator ID 16953

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919 N OSPREY AVENUE, Sarasota, FL, 34236

$675,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

RVP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 917.838.7300

Melissa.Cohn@raveis.com

NMLS Mortgage Loan Originator ID 16953

5/6 (30 Yr)
Adjustable Rate Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $540,000 $540,000 $540,000
Term 360 months 360 months 180 months
Initial Interest Rate** 6.500% 6.990% 5.875%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.095% 7.141% 6.152%
Monthly Tax Payment $401 $401 $401
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $3,413 $3,589 $4,520
Total Monthly Payment $3,906 $4,082 $5,013

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.