Under contract-accepting backup offers. INVESTOR ALERT! This opportunity does not come along often! Located in one of the most charming neighborhoods in DOWTOWN SARASOTA! Gillespie Park is within walking distance to all that Downtown has to offer. A plethora of shopping/dining options and a short distance to Bayfront Park, Marina Jack, Main St., Van Wezel, the Airport and much more! This parcel includes a 2/1 main home plus 3 studio apartments - 4 Units total - endless opportunities await! Units offer classic charm, including a brick fireplace in the main home, front porch, original hardwood flooring, Florida landscape, and more. New Metal Roof in 2021 for the back building and 2022/2023 for the front! Outside is a tropical oasis with lush landscaping, bamboo and great character. Zoned DTN. Oversized lot with potential for redevelopment now/in the future! Keep the current structures or build new! Purchase with the next door property (1663 4th) and you have .36 of an acre in Downtown Sarasota! Prime location minutes to everything. Reach out today for more information on this incredible opportunity and schedule a time to see for yourself!