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$719,000 - 432 Adelia Avenue, SARASOTA

4
Bedrooms
4
Baths
2,063
SQ. Feet
0.11
Acres

Charming 4-unit in the Heart of Gillespie Park! Featuring a 2/1, two 1/1s, and a detached efficiency, all with great tenants on month-to-month leases who’d love to stay. Rents are strong and steady, with room to grow—especially if you incorporate the detached unit’s storage space as an extra bedroom (or possibly reconfigure it to a 2/1). The roof is from 2019. The Gillespie Park neighborhood is becoming one of Sarasota's most vibrant spots - just steps away from downtown restaurants and shops and the Rosemary District. Multimillion-dollar homes are beginning the line the streets and the area will continue to revitalize. Easy walking distance to the exciting new Sarasota Bay Park, currently under development. Your tenants don’t even need a car if they work downtown. This is the perfect opportunity to get into this neighborhood before it hits its peak! Zoned DTN, this lot has development flexibility with room for up to 12 units per acre. Whether you’re an investor looking to expand your portfolio or perhaps want a fabulous location for your next dream home, this property checks the boxes.

Essential Information

  • MLS® #:
    A4667029
  • Price:
    $719,000
  • Bedrooms:
    4
  • Bathrooms:
    4.00
  • Square Footage:
    2,063
  • Acres:
    0.11
  • Year Built:
    1932
  • Type:
    Residential Income
  • Sub-Type:
    Quadruplex
  • Status:
    Active

Community Information

  • Address:
    432 Adelia Avenue
  • Area:
    Sarasota
  • Subdivision:
    PRITCHARD FRANK
  • City:
    SARASOTA
  • County:
    Sarasota
  • State:
    FL
  • Zip Code:
    34236

Interior

  • Interior Features:
    Ninguno
  • Heating:
    Electric
  • Cooling:
    Central Air, Wall/Window Unit(s)

Exterior

  • Exterior Features:
    Other, Private Mailbox
  • Roof:
    Shingle
  • Foundation:
    Pillar/Post/Pier

Additional Information

  • Days on Market:
    138
  • Zoning:
    DTN

Listing Details

  • Listing Office:
    Coastal Connection Realty

Listing information courtesy of Coastal Connection Realty.

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Listing data comes from My Florida Regional MLS.

Listing information last updated on February 24th, 2026 at 5:33am EST.