510 N Osprey AvenueSarasota, FL 34236Price: $947,000

Price Improvement in Gillespie Park | Updated Downtown Sarasota Home with ADU & Rental Potential Located in the highly desirable Gillespie Park neighborhood, this updated 3-bedroom, 2-bath residence blends timeless mid-century character with modern upgrades and exceptional walkability to downtown Sarasota. Just minutes from Main Street, enjoy easy access to restaurants, shopping, art galleries, theaters, cafs, the Sarasota Farmers Market, and the city’s vibrant downtown lifestyle. The home offers strong curb appeal with an attractive garage-style faade that enhances the architectural charm and street presence of the property. Inside, polished terrazzo floors showcase classic Florida character, while the updated kitchen features granite countertops, newer appliances, and opens to a flexible dining and sitting area designed for comfortable everyday living and entertaining. The thoughtfully designed layout includes a newer primary suite addition with a walk-in closet and private en-suite bath. An additional flex space is ideal for a home office, study, fitness area, or secondary lounge. A dedicated laundry room adds convenience and functionality. Recent improvements include updated windows, air-conditioning system, hot water heater, washer, and dryer, offering added efficiency and move-in-ready convenience. Outside, the private backyard features mature landscaping and irrigation with ample space for a future pool and potential accessory dwelling unit (ADU), subject to City of Sarasota approval. Located within the City of Sarasota’s sought-after 7-day minimum rental district, the property offers flexibility for full-time living, seasonal use, or potential investment opportunities. Ideally positioned near Sarasota Bay, The Bay Park, John Ringling Bridge, St. Armands Circle, and Lido Beach, this home places you close to some of Sarasota’s best waterfront parks, cultural venues, dining destinations, and Gulf Coast beaches. Buyer to verify all measurements, rental restrictions, zoning, ADU potential, and all property information. Property may have audio and/or video surveillance.