503 N Osprey Avenue Sarasota, FL 34236
For Sale MLS# A4674885
6 beds 5 baths 2,958 sq ft Multi-family
Details for 503 N Osprey Avenue
MLS# A4674885
Description for 503 N Osprey Avenue, Sarasota, FL, 34236
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.
Listing Information
Property Type: Residential, Multi Family
Status: Active
Bedrooms: 6
Bathrooms: 5
Lot Size: 0.23 Acres
Square Feet: 2,958 sq ft
Year Built: 1949
Construction: Block
Construction Display: New Construction
Subdivision: Central Park Sub
Foundation: Slab
Number Of Units Total: 5
County: Sarasota
Construction Status: New Construction
Additonal Room Information
Laundry: Common Area
Interior Features
Appliances: Range, Refrigerator
Flooring: Laminate,Tile
Doors/Windows: Window Treatments
Additional Interior Features: Ceiling Fan(s), Window Treatments
Utilities
Water: Public
Sewer: Public Sewer
Other Utilities: Electricity Connected,Sewer Connected,Water Connected
Cooling: Ceiling Fan(s), Ductless
Heating: Electric
Exterior / Lot Features
Roof: Shingle
Lot View: City
Additional Exterior/Lot Features: Out Building(s)
Out Buildings: Outbuilding
Unit Information
Unit 1 Units Total: 1
Unit 1 Baths Total: 1
Unit 2 Units Total: 2
Unit 2 Baths Total: 1
Unit 2 Beds Total: 1
Unit 3 Units Total: 2
Unit 3 Baths Total: 1
Unit 3 Beds Total: 2
Driving Directions
Downtown Corner of Osprey Ave and 5th Street
Financial Considerations
Terms: Cash,Owner May Carry
Tenant Pays: Electricity,Sewer,Trash Collection,Water
Tax/Property ID: 2026100018
Tax Amount: 8951
Tax Year: 2024
A broker reciprocity listing courtesy: RE/MAX ALLIANCE GROUP
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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 503 N Osprey Avenue
Sales History
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Tax Summary
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Data powered by ATTOM Data Solutions. Copyright© 2026. Information deemed reliable but not guaranteed.
Schools
Schools nearby 503 N Osprey Avenue
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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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