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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.
| DAYS ON MARKET | 269 | LAST UPDATED | 11/7/2025 |
|---|---|---|---|
| TRACT | CENTRAL PARK SUB | YEAR BUILT | 1935 |
| COMMUNITY | 34236 - Sarasota | COUNTY | Sarasota |
| STATUS | Pending | PROPERTY TYPE(S) | Single Family |
| Elementary School | Alta Vista Elementary |
|---|---|
| Jr. High School | Booker Middle |
| High School | Booker High |
| PRICE HISTORY | |
| Prior to May 22, '25 | $845,000 |
|---|---|
| May 22, '25 - Sep 30, '25 | $795,000 |
| Sep 30, '25 - Nov 5, '25 | $675,000 |
| Nov 5, '25 - Today | $595,000 |
| ADDITIONAL DETAILS | |
| AIR | Central Air |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Microwave, Range, Refrigerator |
| AREA | 34236 - Sarasota |
| CONSTRUCTION | Frame, Wood Siding |
| HEAT | Central, Electric |
| LOT | 6534 sq ft |
| SEWER | Public Sewer |
| STORIES | 3+ |
| SUBDIVISION | CENTRAL PARK SUB |
| TAXES | 4949 |
| UTILITIES | Cable Available, Electricity Connected, Sewer Connected, Water Connected |
| WATER | Public |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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Listing provided by Christine del Monte, COLDWELL BANKER REALTY, 941-366-8070
The information contained herein has been provided by My Florida Regional MLS DBA Stellar MLS. IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. Listings last updated 12/15/25 11:54 AM PST.
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