503 N OSPREY AVENUE, SARASOTA, Sarasota, FL, 34236, Residential Income, 6, 5, c149f02559d0f7c5504fe48028114f7c, A4674885,503,OSPREY
- $1,159,999
503 N OSPREY AVENUE, SARASOTA, Sarasota, FL, 34236, Residential Income, 6, 5, c149f02559d0f7c5504fe48028114f7c, A4674885,503,OSPREY
- $1,159,999
Overview
- Multi Family (5+)
- 6
- 2958 Square Feet
- 1949
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. 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.
Address
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Address: OSPREY
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City: SARASOTA
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State/county: Sarasota
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Zip/Postal Code: 34236
Details
Updated on July 16, 2026 at 3:01 pm-
Property ID A4674885
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Price $1,159,999
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Property Size 2958 Square Feet
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Land Area 0.23 Square Feet
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Bedrooms 6
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Year Built 1949
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Property Type Multi Family (5+)
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Property Status Residential Income
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