This is an amazing assemblage of property fronting Orange Avenue in Gillespie Park with just over 30,000 square feet of land with 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 a development of up to 34 units and commercial development. Currently there are 3 single family homes plus an additional rental cottage on the property that can provide a good income as you plan your development. Gillespie Park was first developed in the early 1920’s, making it one of the oldest and most charming neighborhoods in Sarasota! It is walking distance to the Main Street area that includes numerous restaurants, shopping, hotels, theatre and entertainment venues. Gillespie Park also has a park with tennis and basketball courts, an off-leash dog park, a playground and more. The area is also very close to Marina Jacks, The Bay Park, Lido Key and the world famous St. Armand’s Key shopping area.