FIVE UNIT APARTMENT COMPLEX. DTN zoned corner lot in downtown

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Home For Sale

503 N OSPREY AVENUE

Sarasota, Florida 34236

Sarasota County

Community: CENTRAL PARK SUB

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$1,199,999 6 br, 0.0 bath 2958 sq. ft. 0.230 acres

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 zoningmon 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 negotiable.

Interior:
  • Bedrooms: 6
  • Baths: 0.0
  • Sq Ft: 2958
  • Year Built: 1949
  • Utilities: 
  • Fireplaces: 
  • Stories: 
  • Heat/AC: Electric (Heating)
  • Garage: 
Exterior:
  • Lot Size: 0.230 acre
  • Lot Dimensions: 
  • View Types: 
  • Yard: 
  • Siding: Block
  • Roof: Shingle
  • Property Taxes: $8,951
  • MLS #: A4674885
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Contact Information:
Beach Home For Sale in Sarasota, Florida
Listing Agent: Patrick Ritchey, RE/MAX Alliance Group, 941-284-7287, 941-954-5454 Listing Site, Listing Status: Active
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.
Ad Number: 7204805
Viewed 17 times.
Updated: Jan 30, 2026

This property is a Home located at 503 N OSPREY AVENUE, Sarasota, Florida 34236, and is currently For Sale at $1,199,999. This Home has 6 bedrooms, 0.0 baths, 2958 sq ft.