$1,159,999
 $6,227 est/mo Sourced by Back At You

503 N Osprey Ave,SARASOTA, FL 34236

SARASOTA, FL 34236

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Description

FIVE UNIT APARTMENT COMPLEX. DTN zoned corner lot in downtown Sarasota. Fully rented month to month annual agreements paying below market value, 3 are month to month and 2 have a 1 year lease. 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 in the amount of 40% of purchase price. All financing terms are extremely attractive. Minimum balloon options will be considered. Seller will not go into 2nd position as lender.

Details

MLS #A4674885
Listing TypeFor Sale
Sub-TypeFor-sale
StatusActive
Year1949
Days On Site293
Listing Provided ByRE/MAX ALLIANCE GROUP | Patrick Ritchey

Features

Bed(s)6
Bath(s)5
SQ Feet2,958
Units5
ZoningDTN
Acreage0.23
Property ViewCity

Taxes

Property8951

Area Information

StateFL
CountySarasota
CitySARASOTA
Zip Code34236
Area34236 Sarasota
SubareaCentral Park
Community NameCENTRAL PARK SUB
Listing VS Median (in CENTRAL PARK SUB)
Price:
$1,159,999
low | high
Med:
$1,159,999
50% of Average
sqft:
2,958
low | high
Med:
2,958
50% of Average
$ / sqft:
$392
low | high
Med:
$392
50% of Average
On site:
293
low | high
Med:
293
100% of Average
Sourced by Back At You

Market Activity 34236

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 Listings courtesy of Stellar MLS as distributed by MLS GRID.Based on information submitted to the MLS GRID as of September 29, 2026 at 1:20:38 PM PDT All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the “DMCA”) provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices must be sent in writing by email to DMCAnotice@MLSGrid.com. “The DMCA requires that your notice of alleged copyright infringement include the following information: (1) description of the copyrighted work that is the subject of claimed infringement; (2) description of the alleged infringing content and information sufficient to permit us to locate the content; (3) contact information for you, including your address, telephone number and email address; (4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law; (5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and (6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner’s behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.

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Learn More About This Property

StateFL
CountySarasota
CitySARASOTA
Zip Code34236
Area34236 Sarasota
SubareaCentral Park
Community NameCENTRAL PARK SUB
Listing VS Median (in CENTRAL PARK SUB)
Price:
$1,159,999
low | high
Med:
$1,159,999
50% of Average
sqft:
2,958
low | high
Med:
2,958
50% of Average
$ / sqft:
$392
low | high
Med:
$392
50% of Average
On site:
293
low | high
Med:
293
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $869K - $1.449M
sqft: 2,000 - 3,500
Nearby Listings Property ImageNearby Listings Details
449 N OSPREY AVE Property Photo 1
$1,650,000
449 N Osprey Ave
Sarasota, FL 34236
Listing Updated: September 29, 2026 at 6:57:29 AM PDT