To schedule a showing of 503 N Osprey Avenue, Sarasota, Florida, Call David Shippey at 863-521-4517 TODAY!
$1,199,999 | 6 beds | N/A full baths | N/A half baths | 2,958 sqft
Sarasota, FL 34236
- 6Beds
- 5.00Total Baths
- 0 Full, 0 HalfBaths
- 2,958SqFt
- 1949Year Built
- 0.23Acres
- MLS# A4674885
- Income
- MultiFamily
- Active
- Approx Time on Market6 months, 4 days
- Area34236 - Sarasota
- CountySarasota
- Subdivision Central Park Sub
Overview
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.
Agriculture / Farm
Association Fees / Info
Bathroom Info
Total Baths: 5.00
Building Info
Window Features: WindowTreatments
Roof: Shingle
Building Area Source: PublicRecords
Buyer Compensation
Exterior Features
Exterior Features: OutBuildings
Fees / Restrictions
Financial
Expense Tenant: Electricity, Sewer, TrashCollection, Water
Original Price: $1,299,999
Garage / Parking
Green / Env Info
Interior Features
Floors: Laminate, Tile
Laundry Features: CommonArea
Interior Features: CeilingFans, WindowTreatments
Appliances: Range, Refrigerator
Lot Info
Direction Remarks: Downtown Corner of Osprey Ave and 5th Street
Lot Size Units: Acres
Lot Size Acres: 0.23
Lot Sqft: 10,009
Misc
Other
Other Structures: Outbuilding
Special Conditions: None
Other Rooms Info
Property Info
Section: 19
Class Type: MultiFamily
Property Condition: NewConstruction
Construction Materials: Block
Foundation: Slab
Human Modified: Yes
Sqft Info
Sqft: 2,958
Living Area Units: SquareFeet
Living Area Source: PublicRecords
Tax Info
Tax Year: 2,024
Tax Lot: 11
Tax Legal Description: LOTS 11 & 12 BLK 2 CENTRAL PARK UNIT 1
Tax Block: 2
Tax Annual Amount: 8951
Tax Book Number: 1-1
Unit Info
Total Units: 5
Utilities / Hvac
Heating: Electric
Water Source: Public
Sewer: PublicSewer
Cool System: Ductless, CeilingFans
Heating: Yes
Utilities: ElectricityConnected, SewerConnected, WaterConnected
Waterfront / Water
View: Yes
View: City
Directions
Downtown Corner of Osprey Ave and 5th StreetThis listing courtesy of Re/max Alliance Group
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MLS IDX data last updated on 06-14-2026 3:42 PM EST.
If you have any questions on 503 N Osprey Avenue, Sarasota, Florida, please call David Shippey at 863-521-4517.
MLS# A4674885 located at 503 N Osprey Avenue, Sarasota, Florida is brought to you by David Shippey REALTOR®
503 N Osprey Avenue, Sarasota, Florida has 6 Beds, 0 Full Bath, and 0 Half Bath.
The MLS Number for 503 N Osprey Avenue, Sarasota, Florida is A4674885.
The price for 503 N Osprey Avenue, Sarasota, Florida is $1,199,999.
The status of 503 N Osprey Avenue, Sarasota, Florida is Active.
The subdivision of 503 N Osprey Avenue, Sarasota, Florida is Central Park Sub.
The home located at 503 N Osprey Avenue, Sarasota, Florida was built in 2026.