$1,525,000
420 Kumquat Court Sarasota, FL 34236
For Sale MLS# A4689791
4 beds 3 baths 1,824 sq ft Multi-family
Details for 420 Kumquat Court
MLS# A4689791
Description for 420 Kumquat Court, Sarasota, FL, 34236
Located in the dynamic Rosemary District, 420 Kumquat Court presents a compelling opportunity for investors and developers seeking position and flexibility in a downtown growth corridor. The property includes an existing triplex generating more than $5,000 per month in potential rental income, offering immediate cash flow while future development plans are evaluated. Zoned Downtown Edge (DTE), the site allows for residential, commercial or mixed-use development. The property is adjacent to Villa Ballada, a newly constructed five-story mixed use condominium featuring 24 residences, reinforcing the area’s continued investment and redevelopment momentum. An additional opportunity exists with the neighboring parcel to the south currently available. With a combined acquisition cost of $3,220,000, this option presents the potential for increased density, with the possibility to develop up to 24 residential units, subject to municipal approvals. The seller can also transfer plans for a seven-unit condominium project designed by award-winning Halflants + Pichette, providing a ready framework for development. Positioned within approximately six blocks of more than 60 restaurants, Sarasota Farmers Market, Sarasota Bayfront, Whole Foods Market and Sarasota’s arts and theater district, the location supports strong walkability and long-term demand. The Bay Park, a 53-acre waterfront park, is approximately four blocks away, with additional access to Payne Park and Legacy Trail. Connectivity is enhanced by the Bay Runner Trolley, offering service from downtown to St. Armands Circle and Lido Beach. This offering combines current income with future development potential in one of Sarasota’s most active urban districts.
Listing Information
Property Type: Residential, Triplex
Status: Active
Bedrooms: 4
Bathrooms: 3
Lot Size: 0.14 Acres
Square Feet: 1,824 sq ft
Year Built: 1981
Construction: Stucco
Property Attached: Yes
Construction Display: New Construction
Subdivision: Rosemary District
Foundation: Slab
County: Sarasota
Construction Status: New Construction
School Information
Elementary: Alta Vista Elementary
Middle: Booker Middle
High: Booker High
Additonal Room Information
Laundry: Outside
Interior Features
Appliances: Dishwasher, Freezer, Microwave, Range, Refrigerator, Electric Water Heater
Flooring: Carpet,Laminate,Tile
Doors/Windows: Blinds, Window Treatments
Additional Interior Features: Split Bedrooms, Window Treatments, Vaulted Ceiling(s), Walk-In Closet(s)
Utilities
Water: Public
Sewer: Public Sewer
Other Utilities: Cable Available,Electricity Connected,Sewer Connected
Cooling: Wall/Window Unit(s)
Heating: Electric
Exterior / Lot Features
Parking Description: driveway, Open
Roof: Shingle
Pool: Screen Enclosure
Lot View: Trees/Woods
Additional Exterior/Lot Features: Lighting, Covered, Porch, Front Porch, City Lot, Historic District
Out Buildings: Shed(s)
Community Features
Security Features: Smoke Detector(s)
Unit Information
Unit 1 Units Total: 1
Unit 1 Actual Rent: 1500
Unit 1 Baths Total: 1
Unit 1 Beds Total: 1
Unit 2 Units Total: 1
Unit 2 Actual Rent: 1100
Unit 2 Baths Total: 1
Unit 2 Beds Total: 1
Unit 3 Units Total: 1
Unit 3 Actual Rent: 3000
Unit 3 Baths Total: 1
Unit 3 Beds Total: 2
Driving Directions
From I75 Fruitville Rd exit, go west to downtown and cross US301; turn north /right on Orange Ave.; turn west/left on 4th St., Turn right into next alley on right and see 2 story white house on left.
Financial Considerations
Terms: Cash,Conventional,Owner May Carry
Tenant Pays: Electricity,Sewer,Trash Collection,Water
Gross Income: 55200
Tax/Property ID: 2026110096
Tax Amount: 7860
Tax Year: 2025
A broker reciprocity listing courtesy: PREMIER SOTHEBY'S INTERNATIONAL REALTY
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Payment Calculator
Interest rate and annual percentage rate (APR) are based on current market conditions, are for informational purposes only, are subject to change without notice and may be subject to pricing add-ons related to property type, loan amount, loan-to-value, credit score and other variables. Estimated closing costs used in the APR calculation are assumed to be paid by the borrower at closing. If the closing costs are financed, the loan, APR and payment amounts will be higher. If the down payment is less than 20%, mortgage insurance may be required and could increase the monthly payment and APR. Contact us for details. Additional loan programs may be available. Accuracy is not guaranteed, and all products may not be available in all borrower's geographical areas and are based on their individual situation. This is not a credit decision or a commitment to lend.
Sales History & Tax Summary for 420 Kumquat Court
Sales History
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Tax Summary
| Tax Year | Estimated Market Value | Total Tax |
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Data powered by ATTOM Data Solutions. Copyright© 2026. Information deemed reliable but not guaranteed.
Schools
Schools nearby 420 Kumquat Court
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Data powered by ATTOM Data Solutions. Copyright© 2026. Information deemed reliable but not guaranteed.
The schools shown represent both the assigned schools and schools by distance based on local school and district attendance boundaries. Attendance boundaries change based on various factors and proximity does not guarantee enrollment eligibility. Please consult your real estate agent and/or the school district to confirm the schools this property is zoned to attend. Information is deemed reliable but not guaranteed.
SchoolDigger ® Rating
The SchoolDigger rating system is a 1-5 scale with 5 as the highest rating. SchoolDigger ranks schools based on test scores supplied by each state's Department of Education. They calculate an average standard score by normalizing and averaging each school's test scores across all tests and grades.
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