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$1,299,999 - 503 North Osprey Avenue, SARASOTA

6
Bedrooms
5
Baths
2,958
SQ. Feet
0.23
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 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.

Essential Information

  • MLS® #:
    A4674885
  • Price:
    $1,299,999
  • Bedrooms:
    6
  • Bathrooms:
    5.00
  • Square Footage:
    2,958
  • Acres:
    0.23
  • Year Built:
    1949
  • Type:
    Residential Income
  • Sub-Type:
    Multi Family
  • Status:
    Active

Community Information

  • Address:
    503 North Osprey Avenue
  • Area:
    Sarasota
  • Subdivision:
    CENTRAL PARK SUB
  • City:
    SARASOTA
  • County:
    Sarasota
  • State:
    FL
  • Zip Code:
    34236

Amenities

  • View:
    City

Interior

  • Interior Features:
    Ceiling Fans(s), Window Treatments
  • Appliances:
    Range, Refrigerator
  • Heating:
    Electric
  • Cooling:
    Mini-Split Unit(s)

Exterior

  • Exterior Features:
    Outbuildings
  • Roof:
    Shingle
  • Foundation:
    Slab

Additional Information

  • Days on Market:
    41
  • Zoning:
    DTN

Listing Details

  • Listing Office:
    Re/max Alliance Group

Listing information courtesy of Re/max Alliance Group.

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Listing data comes from My Florida Regional MLS.

Listing information last updated on January 20th, 2026 at 3:34pm EST.