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ActivePrice improved $140,000240 days on market
$1,159,999$1,299,999
503 N OSPREY AVESARASOTA, FL 34236CENTRAL PARK SUB · Multi-Family 5+
6Beds
5Baths
2,958Sq ft
0.23 acLot
1949Built
About this home
FIVE UNIT APARTMENT COMPLEX. DTN zoned corner lot in downtown Sarasota. Fully rented month to month annual agreements paying below market value, 3 are month to month and 2 have a 1 year lease. 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 Sara…
Description as provided by the listing brokerage.
Highlights
- Outbuildings
- Ceiling Fans(s)
- Window Treatments
- City
- Shingle
- Laminate
- Tile
The details
StatusActive
MLS #MFRA4674885
Property typeMulti-Family 5+
Year built1949
Lot size0.23 ac
Living area2,958 sq ft
Price per sq ft$392
CDDNo
Taxes$8,951 (2024)
Days on market240
CountySarasota
Flood zoneX (verify)
ListedDec 9, 2025
Features & property details
Interior
FlooringLaminate, Tile
AppliancesRange, Refrigerator
Interior featuresCeiling Fans(s), Window Treatments
LaundryCommon Area
FireplaceNo
CoolingMini-Split Unit(s)
HeatingElectric
Exterior & lot
Exterior featuresOutbuildings
ViewCity
Road surfacePaved
Construction
ConstructionBlock
FoundationSlab
RoofShingle
ConditionCompleted
Living area sourcePublic Records
Parking
GarageNo
CarportNo
Pool & water
SpaNo
Waterfront feet0
Community & HOA
Total monthly fees$0
Total annual fees$0
55+ communityNo
SW communityCentral Park
Building
Units in building5
Utilities & efficiency
UtilitiesElectricity Connected, Sewer Connected, Water Connected
SewerPublic Sewer
Water sourcePublic
Financial & terms
CDD0
Tax year2,024
Homestead0
Listing termsCash, Owner Financing
OwnershipFee Simple
Special conditionsNone
PossessionClose Of Escrow, Negotiable
ZoningDTN
OccupantTenant
MLS area34236 - Sarasota
Where it sits
Approximate location shown. Exact address available on request per listing brokerage.
More like this
Stellar MLSMLS# MFRA4674885Listing courtesy of RE/MAX ALLIANCE GROUPLast updated Sep 14, 2026, 5:13 PM