New Listing - 12/10/2025
503 N OSPREY AVENUE, Sarasota, FL, 34236
6 beds
1949
2,958 sqft
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 negotiable.
Status:
Active
Type:
Multi-family
Furnished Remarks:
Unfurnished
Laundry Remarks:
Common Area
Units:
5
Subdivision:
CENTRAL PARK SUB
Heating:
Electric
Cooling:
Mini-Split Unit(s)
Acreage:
0.23
Est. Taxes:
$8,951
Construction
Block
Utilities
Electricity Connected, Sewer Connected, Water Connected
View Description:
City
Days on Market:
2
Appliances:
Range, Refrigerator
MLS #:
A4674885
Community Info
School Info
Walk Score
Yelp
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Listing courtesy of RE/MAX ALLIANCE GROUP 941-954-5454