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$995,000
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Property Description
Prime investment and redevelopment opportunity in Sarasota's sought-after Towles Court Arts District! This mixed-use property offers approx. 750 sq. ft. of commercial/gallery or studio space plus 363 sq. ft. of residential use, making it ideal for live/work tenants, creative professionals, or small businesses. Historic details and metal roof-blend with flexible layouts to attract both renters and end users. With zero side setbacks and DTE (Downtown Edge) zoning, the property offers significant redevelopment upside. Surrounded by other commercial and residential parcels, 1950 Adams Lane also presents excellent assemblage potential for investors or developers looking to create a larger mixed-use or residential project. Located just steps from downtown Sarasota's restaurants, shops, galleries, and cultural amenities, this property combines immediate income potential with long-term growth. A rare chance to secure a prime footprint in one of Sarasota's most dynamic districts!
Full Property Details
Full Property Details for 1950 Adams Ln
General
- Price: $995,000
- Taxes: $7,726 (2024)
- Status: Active
- Type: Single Family
- Source: MidFloridaRegionalMLS
- MLS ID: A4664827
- Updated: 10/21/2025
- Added to Site: 128 day(s) ago
Rental Information
- Min. Lease: 1-7 Days
Interior
- Number of Rooms: 3
- Interior Features: Other
- Fireplace(s): Wood Burning
- Appliances: Other
- Flooring: Hardwood
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
Bedrooms
- Total Bedrooms: 1
Exterior
- Exterior Features: Garden, Irrigation System, Lighting
Location
- Area: 34236 - Sarasota
- County: Sarasota
- Development Name: 34236 - Sarasota
- Subdivision: TOWLES
- Driving Directions: From 301 head west on Adams Lane to 1950 Adams Lane. Property is on the left.
- Direction Faces: North
Community
- Community Name: 34236 - Sarasota
Heating & Cooling
- Cooling Type: Central Air
- Heating Type: Central
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Cable TV Available, Electricity Connected, Natural Gas Available, Water Connected
Structural Information
- Exterior Const.: Wood Frame
- Roof: Metal
- Stories/Levels: One
- Square Feet: 1,112
- Sq. Ft. Source: Public Records
- Year Built: 1925
Lot Features
- Lot Size (Acres): 0.11
- Lot Size (Sq. Ft.): 5,000
- Lot Size: 5000
- Street/Road Desc.: Paved
Financial Considerations
- Tax Amount: $7,726
- Tax Year: 2024
Disclosures and Reports
- Ownership: Fee Simple
- Special Conditions: None
- Legal Description: LOT 13, BLK B, TOWLES SUB
- Flood Zone Info: X
- APN: 2027080073
- Property ID: 2027080073
- Block/Lot/Section: B
Listed by Svn Commercial Advisory Group
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Schools
Schools serving 1950 Adams Ln
School District:Sarasota County School District
| Name | Grades | Distance |
|---|---|---|
Southside Elementary School, Sarasota, FL 1901 Webber Street, Sarasota, FL 34239 | PK-5 | 1.8 mi |
Booker Middle School 2250 Myrtle Street, Sarasota, FL 34234 | 6-8 | 2.4 mi |
Sarasota High School 2155 Bahia Vista Street, Sarasota, FL 34239 | 9-12 | 0.7 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1950 Adams Ln
Date
Details
Price
Change
Source
9/11/2025
Listed
$995,000
341.05%
MLS
3/26/2012
Sold
$225,600
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1950 Adams Ln
Year
Property Taxes
Change
Tax Assessment
Change
2024
$7,726
12%
$634,500
16%
2023
$6,898
31%
$549,200
72%
2021
$5,249
-29%
$319,800
-51%
2022
$7,430
42%
$648,500
107%
2021
$5,249
12%
$313,200
13%
2019
$4,679
1%
$276,800
2%
2018
$4,635
6%
$271,258
2%
2017
$4,379
5%
$264,800
1%
2016
$4,172
15%
$262,200
29%
2015
$3,632
3%
$203,800
4%
2014
$3,514
-1%
$195,300
—
2013
$3,559
—
$195,300
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1950 Adams Ln
1950 Adams Lane, Sarasota, FL 34236 (MLS# A4664827) is a Single Family property with 1 bedroom and 1 full bathroom. 1950 Adams Lane is currently listed for $995,000 and was received on September 11, 2025. Want to learn more about 1950 Adams Lane? Do you have questions about finding other Single Family real estate for sale in Sarasota? You can browse all Sarasota real estate or contact a Coldwell Banker agent to request more information.

