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432 ADELIA AVENUE

Multi-family For Sale
$739,000

BTC: 8.55819340

ETH: 252.56322625

85 days
4 bds
2,063 sqft
Est. Estimated sales range: $0 - $0
$0

Overview

Charming 4-unit in the Heart of Gillespie Park! Featuring a 2/1, two 1/1s, and a detached efficiency, all with great tenants on month-to-month leases who’d love to stay. Rents are strong and steady, with room to grow—especially if you incorporate the detached unit’s storage space as an extra bedroom (or possibly reconfigure it to a 2/1). The roof is from 2019. The Gillespie Park neighborhood is becoming one of Sarasota's most vibrant spots - just steps away from downtown restaurants and shops and the Rosemary District. Multimillion-dollar homes are beginning the line the streets and the area will continue to revitalize. Easy walking distance to the exciting new Sarasota Bay Park, currently under development. Your tenants don’t even need a car if they work downtown. This is the perfect opportunity to get into this neighborhood before it hits its peak! Zoned DTN, this lot has development flexibility with room for up to 12 units per acre. Whether you’re an investor looking to expand your portfolio or perhaps want a fabulous location for your next dream home, this property checks the boxes.

Location

Facts and features

Type:
Residential Income
Parking:
No Data
Year Built:
1932
Lot:
0.11 Acres
Heating:
Electric
Price/sqft:
$358
Cooling:
Central Air / Wall/Window Unit(s)
HOA:
No Data
All facts and features
  • Heating

    • Electric

    Cooling

    • Central Air

    • Wall/Window Unit(s)

    Other interior features

    • Ninguno

    Bedrooms and bathrooms

    • Bedrooms: 4

  • Property

    • Exterior Features: Other / Private Mailbox

    Lot

    • Lot: 0.11 Acres

    Other Property Information

    • Parcel Number: 2026100051

    • Zoning: DTN

  • Type and style

    • Property Type: Residential Income

    • Property Sub Type: Quadruplex

  • Utility

    • Cable Connected

    • Electricity Connected

    • Natural Gas Connected

    • Sewer Connected

    • Water Connected

  • Other financial information

    • Annual tax amount: $7,585

  • Source details

    • MLS ID: A4667029

    Other facts

    • Construction Materials: Wood Frame

    • Foundation Details: Pillar/Post/Pier

    • Laundry Features: None

    • Living Area: 2063

    • Water Source: Public

    • Lot Size Dimensions: 50 x 96

    • Subdivision Name: PRITCHARD FRANK

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The multiple listing information is provided by the Stellar MLS from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2025-present Stellar MLS. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: COASTAL CONNECTION REALTY