432 Adelia Avenue, Sarasota, FL 34236
Local realty services provided by:Better Homes and Gardens Real Estate Synergy
Listed by:randy buff
Office:coastal connection realty
MLS#:A4667029
Source:MFRMLS
Price summary
- Price:$739,000
- Price per sq. ft.:$358.22
About this home
Charming Fourplex in the Heart of Gillespie Park! Step back into Sarasota’s golden era with this beautifully maintained 1935 gem just a hop, skip, and a latte from Downtown! This delightful 4-unit property is bursting with character and income potential. It would make an ideal house hack for someone looking to be close to downtown and have a good portion of your mortgage paid by your tenants. Featuring a 2/1, two 1/1s, and an adorable 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)! Rents are currently $1,850 2/1, $1,595 1/1, $1,445 1/1, and $1,300 efficiency. The 2/1 unit pays for their own electric, the rest of the units have it in their monthly rent. The roof is from 2019 (nice!), there’s parking for three, plus easy street parking for visitors or your future self. Zoned DTN, this lot has development flexibility with room for up to 12 units per acre. Whether you’re an investor looking to expand or just want to own a piece of Sarasota charm, this property checks the boxes with a wink and a smile.
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Home facts
- Year built:1932
- Listing ID #:A4667029
- Added:156 day(s) ago
- Updated:October 05, 2025 at 12:00 PM
Rooms and interior
- Bedrooms:4
- Total bathrooms:4
- Living area:2,063 sq. ft.
Heating and cooling
- Cooling:Central Air, Wall/Window Unit(s)
- Heating:Electric
Structure and exterior
- Roof:Shingle
- Year built:1932
- Building area:2,063 sq. ft.
- Lot area:0.11 Acres
Utilities
- Water:Public, Water Connected
- Sewer:Public Sewer, Sewer Connected
Finances and disclosures
- Price:$739,000
- Price per sq. ft.:$358.22
- Tax amount:$7,585 (2024)
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