507 MADISON COURT
Sarasota, FL, 34236 $ 1,300,000
Bedrooms4 Baths2.0 Sq 1,670 Monthly Estimate*
$ 8,208
for $1,300,000 with 4 bedrooms and 2 full baths. This 1,670 square foot home was built in 1948 on a lot size of 0.17.
Rare corner-lot duplex in Sarasota’s highly desirable Laurel Park Historic District, located approximately 0.5 miles from downtown Sarasota’s dining, shopping, arts, bayfront, and cultural attractions. Set beneath mature trees and surrounded by the timeless character of Laurel Park, this well-maintained property blends classic Old Florida charm with substantial recent improvements. Each residence offers 2 bedrooms, 1 bathroom, spacious living areas, a full kitchen, a dedicated laundry area, and its own private screened lanai overlooking fully fenced outdoor spaces that provide privacy and separation between the units. Recent improvements include a new roof installed in November 2024, new windows installed in September 2022, a full exterior repaint completed in January 2025, a remodeled bathroom, custom paver hardscaping, and refreshed landscaping. One residence also features a private putting green, a distinctive outdoor amenity rarely found near downtown Sarasota. Laurel Park is known for its historic character and convenient proximity to Burns Court, Payne Park, downtown Sarasota, and Sarasota Bay. Lido Key and Siesta Key beaches are also just a short drive away. Whether used as an owner-occupied residence with supplemental rental income, a long-term investment property, or a flexible downtown retreat, this duplex offers a variety of possibilities in one of Sarasota’s most charming and centrally located neighborhoods. An exceptional opportunity to own a versatile property offering character, privacy, recent improvements, and an outstanding downtown Sarasota location.
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FeaturesGeneralSewer Public Sewer
Heating Central
Cooling Central Air
Utilities Public
Possession Close Of Escrow
Roof Shingle
Zoning RSM9
Construction Materials Block Concrete Other Stucco Wood Frame
Year Built 1948
Property Subtype Duplex
Tax Year 2025
Ownership Fee Simple
County Sarasota
New Construction false
Property Type Residential Income
Subdivision Name OWEN BURNS
Garage Y/N false
Status Active
Directions South on Osprey from Ringling east on Laurel south on Madison duplex is located on the corner of Madison and Laurel.
City SARASOTA
Senior Community Y/N false
MLS Area 34236 - Sarasota
Lot Size Units Square Feet
Lot Size Square Feet 7210
Carport Spaces 1
Carport Y/N true
Listing Terms Cash Conventional
Land Lease Y/N false
Tax Annual Amount 13932
Additional Parcels Y/N false
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
Tax Lot 8
Legal Description LOTS 8 9 10 & N 1/2 LOT 11 OWEN BURNS SUB RESUB OF LOTS 17 19 21 & 23 SUB OF LOT 15 BLK G POS
Water Access Y/N false
Water View Y/N false
Flood Zone Code X
DockY/N false
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InteriorInterior Amenities Ninguno
Flooring Tile
Air Conditioning Y/N true
Heating Y/N true
Fireplace Y/N false
Laundry Features Other Outside
Total Bedrooms 4
Total Baths 2
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ExteriorExterior Amenities Fenced Private Yard
Lot Features Corner Lot
Water Source Public
Lot Size Area 7210
Foundation Details Slab
Number of Buildings 1
Lot Size Acres 0.17
Road Surface Type Asphalt
Private Pool false
Waterfront Y/N false
Covered Spaces 1
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* Excluded FeaturesList Byckovacs.re@gmail.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $8,208
- Monthly Property Taxes
- $1,161
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.49% 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.
Learn more about how to save NearbyMulti-family listings in Sarasota, FL
Average List Price $1,176,202
Percent of Sale Price 10%
About Sarasota, FL 55,052 Population
5% Since 2002
$ 46,682 Median Income
45.17 Median Age
16% Households with Children
Trends Information provided by ATTOM Data Solutions.
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 8/6/2026 | $1,300,000 | | Listed Price |