503 Osprey Avenue, SARASOTA, FL 34236
  • MLS#: A4674885 ( Residential Income )
  • Street Address: 503 Osprey Avenue
  • Viewed: 9
  • Price: $1,299,999
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1949
  • Bldg sqft: 0
  • Bedrooms: 6
  • Total Baths: 5
  • Days On Market: 8
  • Additional Information
  • Geolocation: 27.3407 / -82.5347
  • County: SARASOTA
  • City: SARASOTA
  • Zipcode: 34236
  • Subdivision: Central Park Sub
  • mfrmls
  • DMCA Notice
  • Description
    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.
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Features
Appliances
  1. Range
  2. Refrigerator
Home Owners Association Fee
  1. 0.00
Carport Spaces
  1. 0.00
Close Date
  1. 0000-00-00
Cooling
  1. Mini-Split Unit(s)
Country
  1. US
Covered Spaces
  1. 0.00
Exterior Features
  1. Outbuildings
Flooring
  1. Laminate
  2. Tile
Furnished
  1. Unfurnished
Garage Spaces
  1. 0.00
Heating
  1. Electric
Insurance Expense
  1. 0.00
Interior Features
  1. Ceiling Fans(s)
  2. Window Treatments
Legal Description
  1. LOTS 11 & 12 BLK 2 CENTRAL PARK UNIT 1
Living Area
  1. 2958.00
Area Major
  1. 34236 - Sarasota
Net Operating Income
  1. 0.00
Occupant Type
  1. Tenant
Open Parking Spaces
  1. 0.00
Other Expense
  1. 0.00
Parcel Number
  1. 2026100018
Possession
  1. Close Of Escrow
  2. Negotiable
Property Condition
  1. Completed
Property Type
  1. Residential Income
Roof
  1. Shingle
Sewer
  1. Public Sewer
Tax Year
  1. 2024
Tenant Pays
  1. Electricity
  2. Sewer
  3. Trash Collection
  4. Water
Township
  1. 36
Utilities
  1. Electricity Connected
  2. Sewer Connected
  3. Water Connected
View
  1. City
Virtual Tour Url
  1. https://www.propertypanorama.com/instaview/stellar/A4674885
Water Source
  1. Public
Year Built
  1. 1949
Zoning Code
  1. DTN
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Headshot for Associate Krista Plagge
  1. Krista Plagge, REALTOR ®
  2. Tropic Shores Realty
  3. Mobile: 813.285.1702
  4. krista@homeguidetampa.com