433 N OSPREY AVE Pending

Sarasota,FL 34236

$ 595000

3 Beds

3 Baths

1949 SqFt


Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Pending

Purchase Type For Sale

Square Footage 1,949 sqft

Price per Sqft $305

Subdivision Central Park Sub

MLS Listing ID A4644435

Bedrooms 3

Full Baths 3

Year Built 1935

Annual Tax Amount $4,949

Lot Size 6,534 Sqft

Property Sub-Type Single Family Residence

Property Description

Under contract-accepting backup offers. Price Drop Alert | Now Under $600K!
Own Sarasota's Most Talked-About Landmark in Walkable Gillespie Park
Where else can you find a walkable downtown Sarasota parcel with two separate, income-producing structures—each brimming with character and short-term rental potential—for under $600K?
Welcome to The Boathouse & The Lighthouse, a nationally recognized, whimsical compound featured on HGTV's Zillow Gone Wild and celebrated in multiple media write-ups. This one-of-a-kind property is a magnet for attention and bookings, offering savvy investors and creative buyers a rare chance to own a piece of Sarasota's circus-inspired charm.
Built in 1933 by master boatbuilder Oliver Blackburn for Captain Arthur Rowe who worked for both John Ringling and William Selby this property is steeped in local lore and maritime history. The Boathouse features 2 bedrooms, 2 baths, a spiral staircase, and a private suite with balcony access. The Lighthouse is a vertical 1-bed, 1-bath retreat with three levels and a panoramic observation room perfect for a studio, office, or creative escape.
Why This Property Stands Out:
Two Distinct Structures = Double the rental opportunity
Circus-Themed Sarasota Legacy. Built-in marketing appeal
Walkable Location,Steps to downtown, dining, arts & culture
4.2 Miles to Lido Beach = Beach lifestyle meets city convenience
Short-Term Rental Ready;Just stage it and start earning
Next to a $2M+ New Build = Rising neighborhood values
Whimsical & Quirky Design; Instagrammable, unforgettable stays
Whether you're:
An investor looking for high-performing Airbnb potential
A creative seeking a live/work compound
A history lover drawn to Sarasota's storied past
This property offers unmatched flexibility, charm, and income potential. Live in one, rent the other or transform both into a boutique retreat or artistic haven.
Motivated Seller | Bring All Offers
This is more than a home it's a legacy waiting for its next chapter. Don't miss your chance to scoop up one of Sarasota's most iconic properties at a compelling new price.

Location

State FL

County Sarasota

Community Central Park Sub

Area 34236 - Sarasota

Zoning DTN

Interior

Heating Central,Electric

Cooling Central Air

Flooring Ceramic Tile,Wood

Laundry Electric Dryer Hookup,Inside

Exterior

Exterior Feature French Doors

Utilities Available BB/HS Internet Available,Cable Available,Electricity Connected,Sewer Connected,Water Connected

Roof Type Membrane

Building

Story 3

Foundation Slab

Sewer Public Sewer

Water Public

Structure Type Frame,Wood Siding

New Construction false

Schools

Elementary Schools Alta Vista Elementary

Middle Schools Booker Middle

High Schools Booker High

Others

Acceptable Financing Cash

Listing Terms Cash

Special Listing Condition None

Virtual Tour https://pix360.com/phototour5/39505/

View More
Favorite Go Tour