Ad #7563612
MLS #A4689791
Located in the dynamic Rosemary District, 420 Kumquat Court
420 KUMQUAT CT, Sarasota, Florida, 34236
$1,525,000
4Beds
0Baths
1,824Sqft
0.140Acres
About this property
Located in the dynamic Rosemary District, 420 Kumquat Court presents a compelling opportunity for investors and developers seeking position and flexibility in a downtown growth corridor. The property includes an existing triplex generating more than $5,000 per month in potential rental income, offering immediate cash flow while future development plans are evaluated.
Zoned Downtown Edge (DTE), the site allows for residential, commercial or mixed-use development. The property is adjacent to Villa Ballada, a newly constructed five-story mixed use condominium featuring 24 residences, reinforcing the area's continued investment and redevelopment momentum.
An additional opportunity exists with the neighboring parcel to the south currently available. With a combined acquisition cost of $3,220,000, this option presents the potential for increased density, with the possibility to develop up to 24 residential units, subject to municipal approvals. The seller can also transfer plans for a seven-unit condominium project designed by award-winning Halflants + Pichette, providing a ready framework for development.
Positioned within approximately six blocks of more than 60 restaurants, Sarasota Farmers Market, Sarasota Bayfront, Whole Foods Market and Sarasota's arts and theater district, the location supports strong walkability and long-term demand. The Bay Park, a 53-acre waterfront park, is approximately four blocks away, with additional access to Payne Park and Legacy Trail.
Connectivity is enhanced by the Bay Runner Trolley, offering service from downtown to St. Armands Circle and Lido Beach.
This offering combines current income with future development potential in one of Sarasota's most active urban districts.
Property Features
4 Beds
0 Baths
1,824 Sqft
Built in 1981
0.140 Acres
Driveway, Open
Siding: Stucco
Shingle Roof
Electric (Heating)
$7,860 / yr property tax
Sarasota County
ROSEMARY DISTRICT Community
Additional Photos
Contact Information
Frank Lambert
Premier Sotheby's International Realty
941-920-1500
Location
Listing Agent: Frank Lambert (License #: 0345242) 941-920-1500
Broker: Premier Sotheby's International Realty 941-364-4000 Listing Site
Copyright © 2026 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Broker: Premier Sotheby's International Realty 941-364-4000 Listing Site
Copyright © 2026 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
BeachHouse.com
Printed Jun 4, 2026
Photo Gallery
$1,525,000
4
Beds
0
Baths
1,824
Sqft
420 KUMQUAT CT, Sarasota, Florida, 34236
By contacting this agent you agree to these Terms and Conditions.
MLS# A4689791
Located in the dynamic Rosemary District, 420 Kumquat Court
$1,525,000
420 KUMQUAT CT, Sarasota, Florida, 34236
4
Beds
0
Baths
1,824
Sqft
0.140
Acres
$1,525,000
420 KUMQUAT CT, Sarasota, Florida, 34236
4 Beds
0 Baths
1,824 Sqft
0.140 Acres
Located in the dynamic Rosemary District, 420 Kumquat Court presents a compelling opportunity for investors and developers seeking position and flexibility in a downtown growth corridor. The property includes an existing triplex generating more than $5,000 per month in potential rental income, offering immediate cash flow while future development plans are evaluated.
Zoned Downtown Edge (DTE), the site allows for residential, commercial or mixed-use development. The property is adjacent to Villa Ballada, a newly constructed five-story mixed use condominium featuring 24 residences, reinforcing the area's continued investment and redevelopment momentum.
An additional opportunity exists with the neighboring parcel to the south currently available. With a combined acquisition cost of $3,220,000, this option presents the potential for increased density, with the possibility to develop up to 24 residential units, subject to municipal approvals. The seller can also transfer plans for a seven-unit condominium project designed by award-winning Halflants + Pichette, providing a ready framework for development.
Positioned within approximately six blocks of more than 60 restaurants, Sarasota Farmers Market, Sarasota Bayfront, Whole Foods Market and Sarasota's arts and theater district, the location supports strong walkability and long-term demand. The Bay Park, a 53-acre waterfront park, is approximately four blocks away, with additional access to Payne Park and Legacy Trail.
Connectivity is enhanced by the Bay Runner Trolley, offering service from downtown to St. Armands Circle and Lido Beach.
This offering combines current income with future development potential in one of Sarasota's most active urban districts.
51 days
on BeachHouse.com
38
views
0
saves
Property Details
HOME DETAILS
4 Beds
0 Baths
1,824 Sqft
Built in 1981
0.140 Acres
EXTERIOR
Driveway, Open
Siding: Stucco
Shingle Roof
INTERIOR
Electric (Heating)
FINANCIAL & COMMUNITY
$7,860 / yr property tax
Sarasota County
ROSEMARY DISTRICT Community
See More Details
Location
Mortgage Calculator
Ad Statistics
Ad Number
7563612
Viewed
38 times
Listing Status
Active
Added
Apr 13, 2026
Last Refresh
Jun 04, 2026 12:24:40 AM
Listing Information
Data Source
Stellar MLS
Source Property ID
A4689791
Listing Agent: Frank Lambert (License #: 0345242) 941-920-1500
Broker: Premier Sotheby's International Realty 941-364-4000 Listing Site
Copyright © 2026 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Broker: Premier Sotheby's International Realty 941-364-4000 Listing Site
Copyright © 2026 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Request Information
Start advertising today
Explore options for real estate agents and homeowners advertising on BeachHouse.com
Sell Your Home
Explore Similar Properties
