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2947 Gillespie Ave, Sarasota, FL, 34234

$230/sqft·Newtown Heights

3 bd1 ba864 sqftSingle Family
Listed by LPT REALTY, LLC· Last updated · MLS# TB8520023

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Est. monthly payment
$1,352/mo
Down payment (20%)
$39,800
Property taxes
$215/mo
Rate assumed
6.8% · 30 yr
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At a glance

Single family
Built 1960
5,000 sqft lot
Lot size
864 sqft
Living area

About this home

Kitchen/Family Room ComboLiving Room/Dining Room ComboThermostatPrivate MailboxSidewalkRangeRange HoodRefrigerator

2947 Gillespie Ave is a 1960-built home in Newtown Heights, Sarasota. Inside you'll find 3 bedrooms, 1 bathrooms, and 864 square feet of living space. Listed at $199,000 (about $230/sqft), 47 days on market. Flood zone X - outside the FEMA high-risk areas, which keeps insurance manageable.

From the listing

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.

The essentials

Built
1960
Price / sqft
$230
On market
61 days
Annual tax
$2,577
Flood zone
X · Low risk
Lot
5,000 sqft
Type
Single Family Residence

Location

2947 Gillespie Ave
Sarasota, FL, 34234·34234 - Sarasota
Type
Single Family Residence
Year Built
1960
Lot
5,000 sqft
Cooling
Central Air
Heating
Central
Parking
Driveway
Days on Market
61
Kitchen/Family Room Combo
Living Room/Dining Room Combo
Thermostat
Private Mailbox
Sidewalk
Range
Range Hood
Refrigerator

Elementary

Phillippi Shores Elementary

Middle

McIntosh Middle

High

Booker High

Districts can re-zone, so verify directly with the district before relying on these.

Flood Zone X

Annual Tax (2025)

$2,577

Parcel #

2020090046

Taxes reflect the most recent assessment in the MLS feed. Actual tax owed can vary, so confirm with the county property appraiser before closing.

Subdivision

Newtown Heights

County

Sarasota

MLS Area

34234 - Sarasota

Lot Size

5,000 sqft

Date
Event
Price
8/31/2026
Price change
Source: Stellar MLS #TB8520023
$199,000-3.9%
$230/sqft
Price change
Source: Stellar MLS #TB8520023
$207,000-3.3%
$240/sqft
7/15/2026
Listed for sale
Source: Stellar MLS #TB8520023
$214,000
$248/sqft
Est. monthly payment$1,352/mo
Principal & interest$1,038
Property taxes$215
Insurance$100
Down payment20% · $39,800
Interest rate6.80%
Loan term

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Property taxes are this home's actual annual bill from the MLS, divided by twelve. Insurance estimated at 0.60%. Rate defaults to 6.8% on a 30-year fixed. Tap a pencil to use your own numbers. Estimates only, not a loan quote.

Offer Insights

Choose an offer strength

List price: $199,000
$192,500 – $199,000
96.7% – 100% of listTops out right at the list price
80% of listList price
33 of the last 64 home closings in 34234 landed at this number or higher (52%). The median one sat 69 days before it went under contract, and this one is on day 61 after a $15,000 cut.

Sample: 64 closed home sales in 34234 over the last 8 months, Stellar MLS. A starting point, not a guarantee.

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