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503 N OSPREY AVENUE

Multi-family For Sale
$1,299,999

BTC: 18.62460616

ETH: 628.01884058

28 days
6 bds
2,958 sqft
Est. Estimated sales range: $0 - $0
$0

Overview

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.

Location

Florida • SARASOTA • 34236 • Multi-family • For Sale

Facts and features

Type:
Residential Income
Parking:
No Data
Year Built:
1949
Lot:
0.23 Acres
Heating:
Electric
Price/sqft:
$439
Cooling:
Mini-Split Unit(s)
HOA:
No Data
All facts and features

  • Flooring

    • Laminate

    • Tile

    Heating

    • Electric

    Cooling

    • Mini-Split Unit(s)

    Appliances

    • Range

    • Refrigerator

    Other interior features

    • Ceiling Fan(s)

    • Window Treatments

    Bedrooms and bathrooms

    • Bedrooms: 6

  • Property

    • Exterior Features: Outbuilding

    Lot

    • Lot: 0.23 Acres

    Other Property Information

    • Parcel Number: 2026100018

    • Zoning: DTN

  • Type and style

    • Property Type: Residential Income

    • Property Sub Type: Multi Family

  • Utility

    • Electricity Connected

    • Sewer Connected

    • Water Connected

  • Other financial information

    • Annual tax amount: $8,951

  • Source details

    • MLS ID: A4674885

    Other facts

    • Construction Materials: Block

    • Foundation Details: Slab

    • Laundry Features: Common Area

    • Living Area: 2958

    • Water Source: Public

    • Subdivision Name: CENTRAL PARK SUB

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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 ©2026-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: RE/MAX ALLIANCE GROUP