503 N Osprey Avenue, Sarasota, FL 34236

Local realty services provided by:ERA Grizzard Real Estate
503 N Osprey Avenue,Sarasota, FL 34236
$1,299,999
Virtual Tour
  • 6 Beds
  • 5 Baths
  • 2,958 sq. ft.
  • Multi-family
  • Active
Listed by: patrick ritchey
Office: re/max alliance group
MLS#:A4674885
Source:MFRMLS

Price summary

  • Price:$1,299,999
  • Price per sq. ft.:$439.49

About this home

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

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Home facts

  • Year built:1949
  • Listing ID #:A4674885
  • Added:8 day(s) ago
  • Updated:December 18, 2025 at 01:20 PM

Rooms and interior

  • Bedrooms:6
  • Total bathrooms:5
  • Living area:2,958 sq. ft.

Heating and cooling

  • Cooling:Mini-Split Unit(s)
  • Heating:Electric

Structure and exterior

  • Roof:Shingle
  • Year built:1949
  • Building area:2,958 sq. ft.
  • Lot area:0.23 Acres

Utilities

  • Water:Public, Water Connected
  • Sewer:Public Sewer, Sewer Connected

Finances and disclosures

  • Price:$1,299,999
  • Price per sq. ft.:$439.49
  • Tax amount:$8,951 (2024)
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