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SARASOTA, FL 34236 503 N OSPREY AVENUE

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Presented By: RE/MAX ALLIANCE GROUP with 941-954-5454. - 941-954-5454
  • MLS# A4674885
  • 12/10/2025
  • Request Tour
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  • Beds • 6
  • Baths • 5
  • SQFT • 2,958

Home Details

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.
Presented By: RE/MAX ALLIANCE GROUP with 941-954-5454. - 941-954-5454

Interior Features for 503 N OSPREY AVENUE

Bedrooms

Total Bedrooms6

Bathrooms

Total Baths5

Other Interior Features

LivingAreaSourcepublic records
Air Conditioning Y/NYes
Fireplace Y/NNo
Flooringlaminate, tile
Furnished Y/Nunfurnished
Heating Y/NYes
Interior Amenitiesceiling fan(s), window treatments
Laundry Featurescommon area

General for 503 N OSPREY AVENUE

Additional Parcels Y/NNo
Appliancesrange, refrigerator
Building Area Unitssquare feet
Carport Y/NNo
Citysarasota
Construction Materialsblock
Coolingmini-split unit(s)
Countysarasota
Directionsdowntown corner of osprey ave and 5th street
Flood Zone Codex
Flood Zone Code XY
Garage Y/NNo
HOANo
Heatingelectric
Land Lease Y/NNo
Legal Descriptionlots 11 & 12 blk 2 central park unit 1
Listing Termscash, owner may carry
Living Area Unitssquare feet
Lot Size Square Feet10009
Lot Size Unitssquare feet
MLS Area34236 - sarasota
New ConstructionNo
Number Of Units Total5
Occupancy Typetenant
Ownershipfee simple
Possessionclose of escrow, negotiable
Property Conditioncompleted
Property Subtypemulti family
Property Typeresidential income
Roofshingle
Senior Community Y/NNo
Sewerpublic sewer
Standard Statusactive
Statusactive
Subdivision Namecentral park sub
Tax Annual Amount8951
Tax Lot11
Tax Year2024
Tenant Payselectricity, sewer, trash collection, water
Utilitieselectricity connected, sewer connected, water connected
Viewcity
Virtual TourClick here
Water Access Y/NNo
Water View Y/NNo
Year Built1949
Zoningdtn

Exterior for 503 N OSPREY AVENUE

Exterior Amenitiesoutbuilding
Foundation Detailsslab
Lot Size Acres0.23
Lot Size Area10009
Number of Buildings3
Private PoolNo
Road Responsibilitypublic maintained road
Road Surface Typepaved
SpaNo
Water Sourcepublic
Waterfront Y/NNo

Additional Details

Price History

Steven Silcock

Broker Owner
Price $1,299,999
MLS#A4674885
List Date 12/10/2025
Property Type Income
Phone 407.574.0218
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