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Property Description

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 $1,295 efficiency. 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.

Features
Electric, Wall Units / Window Unit
Wall/window Unit(s)
Other
Ceiling Fan(s)
No
Shingle
Public Sewer
Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Address Map
FL
Sarasota
SARASOTA
34236
432 ADELIA AVENUE
0
W83° 27' 45.6''
N27° 20' 25.2''
US 41 South. Turn Left on Fruitville Rd. Turn Left on North Orange Ave. Turn Right on 4th St. Turn Left on Adelia Ave. Building is on the Right. On street parking.
PRITCHARD FRANK
Additional Info
COASTAL CONNECTION REALTY
Randy Buff
Wood Frame, Wood Siding
1
Stilt/on Piling
281530038
266510937
Cash, Conventional, Fha, Va Loan
4
No
$7,585
2024
Public
DTN
05/01/2025 19:24:58
266510601
$0

    432 ADELIA AVENUE, SARASOTA, Florida 34236

    432 ADELIA AVENUE, SARASOTA, Florida 34236

    4 Bedrooms
    2,063 Sqft
    $789,000
    Listing ID #A4651104
    Basic Details
    Property Type : Residential Income
    Listing Type : For Sale
    Listing ID : A4651104
    Price : $789,000
    Bedrooms : 4
    Square Footage : 2,063 Sqft
    Year Built : 1932
    Lot Area : 4,795 Sqft
    Standard Status : Active
    Building Area : 1,678 Sqft
    MLS Status : Active
    Property Type : Quadruplex
    Agent Info
    Randall Ureña
    Contact Agent
    Mortgage Calculator
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