651 Madison Court, Sarasota, FL 34236
Local realty services provided by:ERA ONETEAM REALTY
651 Madison Court,Sarasota, FL 34236
$1,149,000
- 3 Beds
- 3 Baths
- 1,680 sq. ft.
- Multi-family
- Active
Listed by: zachary greenberg
Office: coastal real estate professionals llc.
MLS#:GC538888
Source:MFRMLS
Price summary
- Price:$1,149,000
- Price per sq. ft.:$565.45
About this home
651 Madison Court is a tidy & attractive multi-family home located in the highly desirable neighborhood of Laurel Park, adjacent to downtown Sarasota. The property, which consists of (3) one bedroom, one bathroom apartments, originally constructed in 1953, and extensively renovated in 2023, is fully rented with 3 excellent long term (annual) tenants. The lot location is quiet and attractive, at the end of non-thru street, with neighbors including the Sarasota senior friendship center, multi million dollar new construction homes, the Hudson Bayou waterway and Laurel park kayak launch, downtown Sarasota, Selby Gardens and its marina & waterfront. The 1680 sq/ft concrete block structure includes a 2023 metal roof, 2023 updates to electrical and plumbing systems, impact windows, stylish new kitchens and bathrooms, tile floors, and HVAC systems. The apartments are separately metered for electricity and city services and tenants are paying all utilities individually. Though currently occupied with wonderful annual tenants, the City of Sarasota location makes future use for short term rentals possible, at a 7 night minimum, and there are several other STR's in close proximity. It would be a wonderful 1031 exchange, and is located within the City of Sarasota Qualified Opportunity Zone 1.02, for additional tax advantaged investment, for a potential buyer. Please do not disturb tenants. Access by appointment only....
Contact an agent
Home facts
- Year built:1953
- Listing ID #:GC538888
- Added:44 day(s) ago
- Updated:May 11, 2026 at 12:39 PM
Rooms and interior
- Bedrooms:3
- Total bathrooms:3
- Flooring:Tile
- Dining Description:Eat In Kitchen
- Kitchen Description:Eat-in Kitchen, Microwave, Range, Range Hood, Refrigerator, Solid Surface Counters
- Bedroom Description:Primary Bedroom Main Floor
- Basement Description:Block, Crawlspace, Pillar/Post/Pier
- Living area:1,680 sq. ft.
Heating and cooling
- Cooling:Mini-Split Unit(s), Zoned
- Heating:Central, Electric, Heat Pump, Zoned
Structure and exterior
- Roof:Metal
- Year built:1953
- Building area:1,680 sq. ft.
- Lot area:0.15 Acres
- Lot Features:Landscaped, Level, Near Public Transit, Paved, Sidewalk
- Construction Materials:Block, Stucco
- Exterior Features:Garden, Lighting
- Foundation Description:Block, Pillar/post/pier
- Levels:1 Story
Schools
- High school:Sarasota High
- Middle school:Booker Middle
- Elementary school:Southside Elementary
Utilities
- Water:Public, Water Connected
- Sewer:Public, Public Sewer, Sewer Connected
Finances and disclosures
- Price:$1,149,000
- Price per sq. ft.:$565.45
- Tax amount:$12,724 (2025)
Features and amenities
- Appliances:Electric Water Heater, Microwave, Range, Range Hood, Refrigerator, Washer
- Laundry features:Electric Dryer Hookup, Inside, Laundry Closet, Washer, Washer Hookup
- Amenities:Cable Connected, Ceiling Fans(s), Eat-in Kitchen, Primary Bedroom Main Floor, Solid Surface Counters
- Pool features:Public Pool
New listings near 651 Madison Court
- New
$325,000Active3 beds 2 baths1,604 sq. ft.4270 Castlebridge Lane #1723, SARASOTA, FL 34238
MLS# A4692087Listed by: EXP REALTY LLC - New
$640,000Active3 beds 2 baths1,327 sq. ft.239 Hourglass Way #V7, SARASOTA, FL 34242
MLS# A4691064Listed by: COLDWELL BANKER REALTY - New
$999,000Active2 beds 2 baths1,555 sq. ft.988 Blvd Of The Arts #1711, SARASOTA, FL 34236
MLS# A4692911Listed by: COLDWELL BANKER REALTY
$465,000Pending3 beds 3 baths2,008 sq. ft.5762 Benevento Drive, SARASOTA, FL 34238
MLS# A4693131Listed by: ANDREWS & ASSOCIATES REALTY- New
$299,900Active2 beds 2 baths1,433 sq. ft.5231 Mahogany Run Avenue #312, SARASOTA, FL 34241
MLS# A4693039Listed by: EXP REALTY LLC - New
$1,034,000Active3 beds 3 baths2,403 sq. ft.5389 Manchini Street, SARASOTA, FL 34238
MLS# A4693107Listed by: LIVE MODERN - New
$998,000Active4 beds 4 baths2,566 sq. ft.2424 Wood Street, SARASOTA, FL 34237
MLS# TB8507065Listed by: LPT REALTY, LLC - New
$10,995,000Active5 beds 7 baths6,570 sq. ft.667 Mourning Dove Drive, SARASOTA, FL 34236
MLS# A4692992Listed by: COLDWELL BANKER REALTY - New
$640,000Active2 beds 2 baths1,462 sq. ft.206 Hourglass Way #V10, SARASOTA, FL 34242
MLS# A4690141Listed by: COLDWELL BANKER REALTY - New
$390,000Active3 beds 2 baths1,186 sq. ft.2847 Oak Street, SARASOTA, FL 34237
MLS# A4693111Listed by: CELLA'S REAL ESTATE INC