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503 N OSPREY AVE,  SARASOTA, FL 34236

MLS# A4674885.  6 beds.  0.0 baths.  Multi-Family 5+.  Active

$8,951 in taxes (2024)

$1,199,999

 

Remarks:

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. 60% minimum down payment requirement. All financing terms are extremely attractive. Minimum balloon options will be considered. Seller will not go into 2nd position as lender.

Quick Info:

  • Listing is courtesy Of: RE/MAX ALLIANCE GROUP ((941-954-5454))
  • Listing Agent: Patrick Ritchey ((941-284-7287))
  • Days on yellowkey: 183
  • Property Type: Multi-Family 5+
  • Beds: 6
  • Baths: 0.0
  • Living Area Square Feet: 2958
  • Built 1949
  • Taxes: $8,951 (2024)
  • Spa: No
  • Garage Spaces: ()
  • Square Feet:
  • Fees: $0
  • Sarasota County
  • Terms: Cash, Owner Financing
  • Subdivision Info:
  • Occupancy Information: Tenant
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  • Subdivision Name: CENTRAL PARK SUB
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History:

DateListing TypeDays on yellowkeyMLS#EventPrice% Chg$/sqftSource
12/10/2025Sale183A4674885listed for sale$1,299,999-MLS




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