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$1,525,000 Just Listed
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Property Description
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.
Full Property Details
Full Property Details for 420 Kumquat Ct
General
- Price: $1,525,000
- Taxes: $7,860 (2025)
- Status: Active
- Type: Triplex
- Source: MidFloridaRegionalMLS
- MLS ID: A4689791
- Updated: 4/13/2026
- Added to Site: 1 day(s) ago
Rental Information
- Min. Lease: 1 Month
Interior
- Interior Features: Split Bedroom, Vaulted Ceiling(s), Walk-In Closet(s), Window Treatments
- Appliances: Dishwasher, Electric Water Heater, Freezer, Microwave, Range, Refrigerator
- Furnishings: Unfurnished
- Flooring: Carpet, Laminate, Tile
Rooms
Bathrooms
- Total Bathrooms: 3
Bedrooms
- Total Bedrooms: 4
Other Rooms
- Laundry: Outside
Additional Information
- Pool Description: Screen Enclosure
- Security/Safety: Smoke Detector(s)
Exterior
- Exterior Features: Lighting
- Deck/Patio: Covered, Front Porch, Porch
- Porch/Patio/Deck: Covered, Front Porch, Porch
Parking
- Parking Features: Driveway, Ground Level, Open
Location
- Area: 34236 - Sarasota
- County: Sarasota
- Development Name: 34236 - Sarasota
- Subdivision: ROSEMARY DISTRICT
- 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.
School Information
- Elementary School: Alta Vista Elementary
- Middle School: Booker Middle
- High School: Booker High
Community
- Community Name: 34236 - Sarasota
- Number of Pets: 10
- Pet Restrictions: SEE CITY OF SARASOTA RESTRICTIONS, / 101lbs.
Heating & Cooling
- Cooling Type: Wall/Window Unit(s)
- Heating Type: Electric
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Cable TV Available, Electricity Connected, Sewer Connected
Structural Information
- # Buildings: 1
- Exterior Const.: Stucco
- Roof: Shingle
- Windows: Blinds, Window Treatments
- Stories/Levels: Three Or More
- Square Feet: 1,824
- Sq. Ft. Source: Public Records
- Year Built: 1981
Additional Structures
- Other Structures: Shed(s)
Lot Features
- Property View: Trees/Woods
- Lot Size (Acres): 0.14
- Lot Size (Sq. Ft.): 5,900
- Lot Size: 5900
- Frontage: Street Paved
- Street/Road Desc.: Paved, Asphalt
Financial Considerations
- Assoc Fee Desc.: None
- Tax Amount: $7,860
- Tax Year: 2025
Disclosures and Reports
- Ownership: Fee Simple
- Special Conditions: None
- Legal Description: E 62.5 FT OF LOT 3 & E 55.5 FT LOT 5 BLK 27 RESUB OF BLKS 23 & 27 OWEN BURNS
- Flood Zone Info: X
- APN: 2026110096
- Property ID: 2026110096
- Block/Lot/Section: 27
Listed by Premier Sotheby's International Realty
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Schools
Schools serving 420 Kumquat Ct
School District:Sarasota County School District
| Name | Grades | Distance |
|---|---|---|
Alta Vista Elementary School, Sarasota, FL 1050 South Euclid Avenue, Sarasota, FL 34237 | PK-5 | 1.6 mi |
Booker Middle School 2250 Myrtle Street, Sarasota, FL 34234 | 6-8 | 2.1 mi |
Booker High School 3201 North Orange Avenue, Sarasota, FL 34234 | 9-12 | 1.7 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 420 Kumquat Ct
Date
Details
Price
Change
Source
4/13/2026
Listed
$1,525,000
190.48%
MLS
11/10/2021
Sold
$525,000
—
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 420 Kumquat Ct
Year
Property Taxes
Change
Tax Assessment
Change
2025
$7,562
21%
$614,900
56%
2024
$6,259
—
$394,000
-1%
2023
$6,284
-16%
$397,100
-17%
2022
$7,490
27%
$478,800
35%
2021
$5,906
—
$355,000
2%
2021
$5,906
7%
$346,800
7%
2019
$5,545
-8%
$324,400
-9%
2018
$6,040
74%
$354,600
33%
2017
$3,466
12%
$265,700
11%
2016
$3,104
11%
$238,900
121%
2015
$2,801
45%
$108,276
17%
2014
$1,938
1%
$92,251
8%
2013
$1,912
—
$85,250
—
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 420 Kumquat Ct
420 Kumquat Court, Sarasota, FL 34236 (MLS# A4689791) is a Triplex property with 4 bedrooms and 0 full bathrooms. 420 Kumquat Court is currently listed for $1,525,000 and was received on April 13, 2026. Want to learn more about 420 Kumquat Court? Do you have questions about finding other Triplex real estate for sale in Sarasota? You can browse all Sarasota real estate or contact a Coldwell Banker agent to request more information.

