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503 N OSPREY AVENUE Sarasota, FL $ 1,299,999
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503 N OSPREY AVENUE
$ 1,299,999
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503 N OSPREY AVENUE

Sarasota, FL, 34236
$ 1,299,999
Bedrooms6 Baths5.0 Sq 2,958

Monthly Estimate*

$ 8,110

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Multi-Family Home for sale in Sarasota, FL

for $1,299,999 with 6 bedrooms and 5 full baths. This 2,958 square foot home was built in 1949 on a lot size of 0.23.

FIVE UNIT APARTMENT COMPLEX. DTN zoned corner lot in downtown Sarasota. Fully rented month to month annual agreements paying below market value. City zoning allows weekly rentals. Purchase and earn rental income OR develop in DTN zoning. Common area laundry as an amenity for tenants. Bldg #1 has 2 units, each are 1 bedroom/1 bath. Bldg 2 has 2 units, each are 2 bedroom/1 bath. Bldg #3 is the cottage/studio. This property is in fast growing downtown Sarasota a few blocks to Main Street with downtown restaurants, shops and bars. 2 blocks from Sarasota City park with tennis courts, playground and dog park all situated around a lake! Many multimillion dollar homes and deluxe condo developments in and surrounding Gillespie Park. Close to beaches and beautiful Sarasota Bay. Investment property with huge income potential and huge future DTN development. Seller is offering owner/seller financing to prospective buyers. 30% minimum requirement. All financing terms are extremely attractive and negotiable.

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Multi-Family Active

Price

$ 1,299,999

Bedrooms

6

Full Bath

5

Property Type

Multi-Family

Taxes

$ 8,951

Style

Multi Family

Lot Size

0.23

Year Built

1949

Town/City

Sarasota

County/Region

Sarasota

MLS | Web ID

A4674885
Features
General
Sewer Public Sewer
Heating Electric
Cooling Mini-Split Unit(s)
Utilities Electricity Connected Sewer Connected Water Connected
Possession Close Of Escrow Negotiable
Roof Shingle
Appliances Range Refrigerator
Zoning DTN
Construction Materials Block
Year Built 1949
Tenant Pays Electricity Sewer Trash Collection Water
View City
Property Subtype Multi Family
Tax Year 2024
Ownership Fee Simple
County Sarasota
New Construction false
Property Type Residential Income
Subdivision Name CENTRAL PARK SUB
Garage Y/N false
Status Active
Directions Downtown Corner of Osprey Ave and 5th Street
City SARASOTA
Senior Community Y/N false
Number Of Units Total 5
MLS Area 34236 - Sarasota
Lot Size Units Square Feet
Lot Size Square Feet 10009
Carport Y/N false
Listing Terms Cash Owner May Carry
Land Lease Y/N false
Tax Annual Amount 8951
Property Condition Completed
Additional Parcels Y/N false
Virtual Tour https://www.propertypanorama.com/instaview/stellar/A4674885
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
Occupancy Type Tenant
Tax Lot 11
Legal Description LOTS 11 & 12 BLK 2 CENTRAL PARK UNIT 1
Water Access Y/N false
Water View Y/N false
Flood Zone Code X
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Interior
Interior Amenities Ceiling Fan(s) Window Treatments
Flooring Laminate Tile
Furnished Y/N Unfurnished
Air Conditioning Y/N true
Heating Y/N true
Fireplace Y/N false
Laundry Features Common Area
Total Bedrooms 6
Total Baths 5
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Exterior
Exterior Amenities Outbuilding
Water Source Public
Lot Size Area 10009
Foundation Details Slab
Number of Buildings 3
Spa false
Lot Size Acres 0.23
Road Surface Type Paved
Private Pool false
Waterfront Y/N false
Road Responsibility Public Maintained Road
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* Excluded Features
List By
Re/Max Alliance Group

Broker

teamritchey@verizon.net

Email

Affordability Calculator

$8,856
Per Month
92%
8%
0%
Monthly Principal & Interest
$8,110
Monthly Property Taxes
$746
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
12/19/2025$1,299,999 Listed Price

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503 N OSPREY AVENUE, Sarasota, FL, 34236 is a Multi-Family Home for sale at $1,299,999 with 2,958 sqft and a lot size of 0.23. 503 N OSPREY AVENUE has 6 bedrooms, 5.0 baths, and was built in 1949. The property's zip code is 34236 which is in Sarasota, FL

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