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$194,900

2947 GILLESPIE AVENUE, SARASOTA, FL 34234

3D Tour
Active85 days on market

Beds

3

Baths

1

Sq Ft

864 sq ft

Year Built

1960

Lot Size

0.11 acres

Garage

—

About This Property

Welcome to this charming three-bedroom, one-bath home offering 864 square feet of comfortable living space in the historic Newtown Heights area, just minutes from the heart of downtown Sarasota. This home offers several important updates for added peace of mind, including a 2023 roof, 2025 AC system, an updated electrical panel installed in 2016, and newer windows. Inside, you’ll find newly installed luxury vinyl plank flooring throughout the main living areas and bathroom, while the kitchen features granite countertops and plenty of potential to make the space your own. Outside, the property includes a raised storage shed in the backyard, providing additional space for tools, equipment, and storage, along with a separate exterior laundry area. Conveniently located approximately two miles from downtown Sarasota, this home offers easy access to shopping, dining, entertainment, area beaches, and I-75 for convenient travel throughout the region. Whether you’re looking for an affordable place to call home or a property with plenty of potential, this Sarasota home is ready for its next owner. Buyer to verify public records for square footage, permitting, and home details.

Property Overview

Property TypeResidential
Sub TypeSingle Family Residence
MLS #TB8520023
StatusActive
Year Built1960
Stories1
Total Rooms3
ConstructionStucco, Wood Frame, Wood Siding
RoofShingle
FoundationCrawlspace
FacesEast
SubdivisionNEWTOWN HEIGHTS
CountySarasota
OwnershipFee Simple

Interior Features

InteriorKitchen/Family Room Combo, Living Room/Dining Room Combo, Thermostat
FlooringLuxury Vinyl, Tile
AppliancesRange, Range Hood, Refrigerator
LaundryElectric Dryer Hookup, Outside, Washer Hookup
CoolingCentral Air
HeatingCentral

Exterior & Lot

ExteriorPrivate Mailbox, Sidewalk
Other StructuresShed(s), Storage
Lot Size0.11 acres (5,000 sq ft)
Lot Dimensions50 x 100
Road SurfaceAsphalt, Concrete, Paved
0

Utilities

WaterPublic
SewerPublic Sewer
UtilitiesPublic

Parking

GarageNo

HOA & Community

HOANo
Senior CommunityNo

Financial Details

List Price$194,900
Original Price$214,000
Annual Taxes$2,577 (2025)
FinancingCash, Conventional, FHA, VA Loan
ZoningRSF4
Parcel #2020090046

Schools

ElementaryPhillippi Shores Elementary
MiddleMcIntosh Middle
HighBooker High

Directions

Heading South on I75 take the exit onto University Pkwy headed west. Take University Pkwy west until you turn left onto N Washington Blvd headed south. Then take a right onto 29th St followed by a right onto Gillespie Ave and the house will be on your left.

Location

2947 GILLESPIE AVENUE, SARASOTA, FL 34234

Listing Information

OfficeLPT REALTY, LLC
ListedJuly 15, 2026

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Home Price

$194,900

20% ($38,980)
6.75%

Loan Term

Principal & Interest$1,011
Property Tax (est.)$179
Insurance (est.)$150
Total Monthly$1,340
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Nearby Schools

How to Buy This Home

Multiple financing options available for this $194,900 home in SARASOTA.

🏛️

FHA Loan

$6,822 Down

Government-backed, low down payment. Credit scores as low as 580.

🎖️

VA Loan

$0 Down

Zero down for eligible veterans, active duty, and military families.

🏦

Conventional

$9,745 Down

Traditional financing. As low as 3-5% down with good credit.

Florida Down Payment Assistance Programs

You may qualify for up to $35,000 in assistance to cover your down payment and closing costs.

Florida Hometown Heroes

Up to $35,000

First-time buyers working in FL

FL Assist

Up to $10,000

FHA, VA, or USDA borrowers

FL HLP Second Mortgage

Up to $10,000

First-time buyers, 0% deferred

Sarasota County SHIP

Varies

Income-qualifying Sarasota residents

Can You Afford This Home?

Quick check based on the 28% debt-to-income rule. Not a guarantee — just a starting point.

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Listing information is deemed reliable but not guaranteed. All measurements and data should be independently verified. This information is provided by the Stellar MLS. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed. IDX information is provided exclusively 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. Data last updated: October 8, 2026.

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