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$1,199,999
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Property Description
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. 30% minimum requirement. All financing terms are extremely attractive and negotiable.
Full Property Details
Full Property Details for 503 N Osprey Ave
General
- Price: $1,199,999
- Taxes: $8,951 (2024)
- Status: Active
- Type: Single Family
- Source: MidFloridaRegionalMLS
- MLS ID: A4674885
- Updated: 1/30/2026
- Added to Site: 83 day(s) ago
Interior
- Interior Features: Ceiling Fan(s), Window Treatments
- Appliances: Range, Refrigerator
- Furnishings: Unfurnished
- Flooring: Laminate, Tile
Rooms
Bathrooms
- Total Bathrooms: 5
Bedrooms
- Total Bedrooms: 6
Other Rooms
- Laundry: Common Area
Exterior
- Exterior Features: Outbuilding
Location
- Area: 34236 - Sarasota
- County: Sarasota
- Development Name: 34236 - Sarasota
- Subdivision: CENTRAL PARK SUB
- Driving Directions: Downtown Corner of Osprey Ave and 5th Street
Community
- Community Name: 34236 - Sarasota
Heating & Cooling
- Cooling Type: Mini-Split Unit(s)
- Heating Type: Electric
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Electricity Connected, Sewer Connected, Water Connected
Structural Information
- # Buildings: 3
- Exterior Const.: Block
- Roof: Shingle
- Square Feet: 2,958
- Sq. Ft. Source: Public Records
- Year Built: 1949
Lot Features
- Property View: City
- Lot Size (Acres): 0.23
- Lot Size (Sq. Ft.): 10,009
- Lot Size: 10009
- Street/Road Desc.: Paved
Financial Considerations
- Tax Amount: $8,951
- Tax Year: 2024
Disclosures and Reports
- Ownership: Fee Simple
- Special Conditions: None
- Legal Description: LOTS 11 & 12 BLK 2 CENTRAL PARK UNIT 1
- Flood Zone Info: X
- APN: 2026100018
- Property ID: 2026100018
- Block/Lot/Section: 2
Listed by Re/Max Alliance Group
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Schools
Schools serving 503 N Osprey Ave
School District:Sarasota County School District
| Name | Grades | Distance |
|---|---|---|
Alta Vista Elementary School, Sarasota, FL 1050 South Euclid Avenue, Sarasota, FL 34237 | PK-5 | 1.4 mi |
Booker Middle School 2250 Myrtle Street, Sarasota, FL 34234 | 6-8 | 2 mi |
Booker High School 3201 North Orange Avenue, Sarasota, FL 34234 | 9-12 | 1.7 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 503 N Osprey Ave
Date
Details
Price
Change
Source
1/30/2026
Price Reduced
$1,199,999
-7.69%
MLS
12/10/2025
Listed
$1,299,999
—
MLS
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 503 N Osprey Ave
Year
Property Taxes
Change
Tax Assessment
Change
2025
$9,035
1%
$695,700
1%
2024
$8,951
6%
$692,000
2%
2023
$8,472
9%
$675,900
11%
2022
$7,755
18%
$610,500
39%
2021
$6,598
—
$438,700
13%
2021
$6,598
19%
$389,300
27%
2019
$5,550
4%
$307,703
10%
2018
$5,329
13%
$279,730
-3%
2017
$4,707
4%
$288,300
3%
2016
$4,532
10%
$280,900
34%
2015
$4,122
5%
$210,165
10%
2014
$3,925
4%
$191,059
10%
2013
$3,758
—
$173,690
—
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 503 N Osprey Ave
503 N Osprey Avenue, Sarasota, FL 34236 (MLS# A4674885) is a Single Family property with 6 bedrooms and 0 full bathrooms. 503 N Osprey Avenue is currently listed for $1,199,999 and was received on December 10, 2025. Want to learn more about 503 N Osprey Avenue? 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.

