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$719,000

  • For Sale
  • Active
  • Multi-Family
  • 4 Units
  • 0.11 Acres
  • Updated 8 days ago
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Charming 4-unit in the Heart of Gillespie Park! Featuring a 2/1, two 1/1s, and a 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). The roof is from 2019. The Gillespie Park neighborhood is becoming one of Sarasota's most vibrant spots - just steps away from downtown restaurants and shops and the Rosemary District. Multimillion-dollar homes are beginning the line the streets and the area will continue to revitalize. Easy walking distance to the exciting new Sarasota Bay Park, currently under development. Your tenants don't even need a car if they work downtown. This is the perfect opportunity to get into this neighborhood before it hits its peak! Zoned DTN, this lot has development flexibility with room for up to 12 units per acre. Whether you're an investor looking to expand your portfolio or perhaps want a fabulous location for your next dream home, this property checks the boxes.

Full Property Details for 432 Adelia Ave

General

  • Price: $719,000
  • Taxes: $7,585 (2024)
  • Status: Active
  • Type: Multi-Family
  • Source: MidFloridaRegionalMLS
  • MLS ID: A4667029
  • Updated: 1/11/2026
  • Added to Site: 111 day(s) ago

Interior

  • Interior Features: Ninguno

Rooms

Bathrooms

  • Total Bathrooms: 4

Bedrooms

  • Total Bedrooms: 4

Exterior

  • Exterior Features: Other, Private Mailbox

Location

  • Area: 34236 - Sarasota
  • County: Sarasota
  • Development Name: 34236 - Sarasota
  • Subdivision: PRITCHARD FRANK
  • Driving Directions: Take US 41 South. Turn Left on Fruitville Rd. Turn Left on N Orange. Turn Right on 4th St. Turn Left on Adelia - Building on the Right

Community

  • Community Name: 34236 - Sarasota

Heating & Cooling

  • Cooling Type: Central Air, Wall/Window Unit(s)
  • Heating Type: Electric

Utilities

  • Sewer: Public Sewer
  • Water: Public
  • Utility Description: Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

Structural Information

  • # Buildings: 2
  • Exterior Const.: Wood Frame
  • Roof: Shingle
  • Square Feet: 2,063
  • Sq. Ft. Source: Public Records
  • Year Built: 1932

Lot Features

  • Lot Size (Acres): 0.11
  • Lot Size (Sq. Ft.): 4,795
  • Lot Size: 4795
  • Lot Dimensions: 50 x 96
  • Street/Road Desc.: Gravel

Financial Considerations

  • Tax Amount: $7,585.04
  • Tax Year: 2024

Disclosures and Reports

  • Ownership: Fee Simple
  • Special Conditions: None
  • Legal Description: LOT 12 SUB OF LOT 3 BLK K PLAT OF SARASOTA
  • Flood Zone Info: X
  • APN: 2026100051
  • Property ID: 2026100051
  • Block/Lot/Section: K

Listed by Coastal Connection Realty

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Listing agents

— 432 Adelia Ave —

  • Coastal Connection Realty

  • Coastal Connection Realty

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 432 Adelia Ave

School District:Sarasota County School District
NameGradesDistance
Alta Vista Elementary School, Sarasota, FL
1050 South Euclid Avenue, Sarasota, FL 34237
PK-51.5 mi
Booker Middle School
2250 Myrtle Street, Sarasota, FL 34234
6-82.1 mi
Booker High School
3201 North Orange Avenue, Sarasota, FL 34234
9-121.7 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 432 Adelia Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
1/11/2026
Price Reduced
$719,000
-2.71%
MLS
10/01/2025
Listed
$739,000
13.87%
MLS
5/19/2023
Sold
$649,000
—
Public Record
Get Price Alerts and Save Property
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 for 432 Adelia Ave

Year
Property Taxes
Change
Tax Assessment
Change
2025
$7,633
1%
$512,900
3%
2024
$7,585
31%
$497,100
33%
2023
$5,779
51%
$373,400
34%
2022
$3,827
12%
$278,800
26%
2021
$3,416
—
$222,000
11%
2021
$3,416
20%
$199,300
29%
2019
$2,850
2%
$154,532
10%
2018
$2,795
13%
$140,484
-10%
2017
$2,478
5%
$155,500
3%
2016
$2,366
11%
$150,400
42%
2015
$2,123
2%
$105,548
10%
2014
$2,088
5%
$95,953
10%
2013
$1,998
—
$87,230
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Listed by Coastal Connection Realty

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432 Adelia Avenue, Sarasota, FL 34236 (MLS# A4667029) is a Multi-Family property with 4 units containing 4 bedrooms and 0 full bathrooms. 432 Adelia Avenue is currently listed for $719,000 and was received on October 01, 2025. Want to learn more about 432 Adelia Avenue? Do you have questions about finding other Multi-Family real estate for sale in Sarasota? You can browse all Sarasota real estate or contact a Coldwell Banker agent to request more information.

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