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$849,000
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Property Description
507 Madison An exceptional opportunity for income potential awaits in this well-maintained duplex in Sarasota's historic Laurel Park community. Set on a spacious lot to provide ample room for both tenants, this mid-century structure boasts two sizable units, each with 2BRs, 1BA, tile floors, living room, dining room and a fully equipped kitchen. The outdoor amenities for each unit are also remarkable, with a full-size Florida room and outdoor deck off one unit and a screened lanai, patio and shed off the other. A generously sized carport allows ample parking for up to 3 vehicles. Complete with xeriscape, this property offers very low outdoor maintenance requirements. Historic Laurel Park is a highly sought-after, established neighborhood of single-family homes adjacent to the heart of the city, placing an exciting variety of shops, dining venues and entertainment attractions right at your doorstep. It's one of Sarasota's earliest neighborhoods, where gorgeous, historic homes sit among mature trees along old-style brick streets. Residents enjoy access to a kayak launch and the community's namesake park.
Full Property Details
Full Property Details for 507 Madison Ct
General
- Sold For: $849,000
- Taxes: $7,223 (2021)
- Status: Closed
- Type: Duplex
- Source: MidFloridaRegionalMLS
- MLS ID: A4540718
- Added to Site: 1, 337 day(s) ago
Interior
- Interior Features: Other
- Flooring: Tile
Rooms
Bathrooms
- Total Bathrooms: 2
Bedrooms
- Total Bedrooms: 4
Exterior
- Exterior Features: Fenced
Parking
- Carports: Yes
- Carport: 1
- Carport Spaces: 1
- Covered Spaces: 1
Location
- Area: 34236 - Sarasota
- County: Sarasota
- Development Name: 34236 - Sarasota
- Subdivision: OWEN BURNS
- Driving Directions: South on Osprey from Ringling, east on Laurel, south on Madison, duplex is located on the corner of Madison and Laurel.
Community
- Community Name: 34236 - Sarasota
Heating & Cooling
- Cooling Type: Central Air
- Heating Type: Central
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Public
Structural Information
- # Buildings: 1
- Exterior Const.: Block, Concrete, Other, Stucco, Wood Frame, Wood Siding
- Roof: Shingle
- Square Feet: 1,670
- Sq. Ft. Source: Public Records
- Living Area: 1,670 Sq. Ft.
- Year Built: 1948
Lot Features
- Lot Size (Acres): 0.17
- Lot Size (Sq. Ft.): 7,210
- Street/Road Desc.: Asphalt
- Rcmdd Zoning: RSM9
Financial Considerations
- Tax Amount: $7,223
- Tax Year: 2021
Disclosures and Reports
- Ownership: Fee Simple
- Special Conditions: None
- Legal Description: LOTS 8 9 10 & N 1/2 LOT 11 OWEN BURNS SUB RESUB OF LOTS 17 19 21 & 23 SUB OF LOT 15 BLK G POS
- Flood Zone Info: X
- APN: 2027090069
- Property ID: 2027090069
- Block/Lot/Section: G
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Schools
Schools serving 507 Madison Ct
School District:Sarasota County School District
| Name | Grades | Distance |
|---|---|---|
Southside Elementary School, Sarasota, FL 1901 Webber Street, Sarasota, FL 34239 | PK-5 | 1.6 mi |
Booker Middle School 2250 Myrtle Street, Sarasota, FL 34234 | 6-8 | 2.5 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 507 Madison Ct
Date
Details
Price
Change
Source
8/29/2022
Sold
$849,000
—
MLS
6/29/2022
Listed
$849,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
507 Madison Court, Sarasota, FL 34236 (MLS# A4540718) is a Duplex property that was sold at $849,000 on August 29, 2022. This property was listed by Pettingell Professionals from our Longboat Key Office.Want to learn more about 507 Madison Court? Do you have questions about finding other Duplex real estate for sale in Sarasota? You can browse all Sarasota real estate or contact a Coldwell Banker agent to request more information.

