About 432 Adelia Avenue
Charming 4-unit in the Heart of Gillespie Park! Featuring a 2/1, two 1/1s, and a detached efficiency, all with great tenants on month-to-month leases who’d love to stay. Rents are strong and steady, with room to grow—especially if you incorporate the detached unit’s storage space as an extra bedroom (or possibly reconfigure it to a 2/1). The roof is from 2019. The Gillespie Park neighborhood is becoming one of Sarasota's most vibrant spots - just steps away from downtown restaurants and shops and the Rosemary District. Multimillion-dollar homes are beginning the line the streets and the area will continue to revitalize. Easy walking distance to the exciting new Sarasota Bay Park, currently under development. Your tenants don’t even need a car if they work downtown. This is the perfect opportunity to get into this neighborhood before it hits its peak! Zoned DTN, this lot has development flexibility with room for up to 12 units per acre. Whether you’re an investor looking to expand your portfolio or perhaps want a fabulous location for your next dream home, this property checks the boxes.
Features of 432 Adelia Avenue
| MLS® # | A4667029 |
|---|---|
| Price | $739,000 |
| Bedrooms | 4 |
| Bathrooms | 4.00 |
| Square Footage | 2,063 |
| Acres | 0.11 |
| Year Built | 1932 |
| Type | Residential Income |
| Sub-Type | Quadruplex |
| Status | Active |
Listing Details
| Office | COASTAL CONNECTION REALTY |
|---|
Listing Map
Neighborhood Information for 432 Adelia Avenue
Very Rapid Population Growth, Moderate Residential Turnover, Coastal Area
Statistics
Number of Listings
Population Age
Home Listings Prices
Nearby Schools
| Great Schools | School Name | Distance | |
|---|---|---|---|
|
Sarasota Military Academy Public - 9Th Grade to 12Th Grade |
0 Miles | |
|
Sarasota School Of Arts/Sciences Public - 6Th Grade to 8Th Grade |
0 Miles | |
|
Westcoast School For Human Development Private - Kindergarten to 12Th Grade - Closest Elementry School |
0 Miles | |
|
|
Children First Public - Preschool to Preschool |
1 Miles | |
|
|
Agape Christian School Of Sarasota Private - Kindergarten to 12Th Grade |
1 Miles | |
|
|
Sarasota High School Public - 9Th Grade to 12Th Grade - Closest High School |
1 Miles | |
|
|
Alta Vista Elementary School Public - Kindergarten to 5Th Grade |
2 Miles |
School data provided by GreatSchools