Refine Search
$699,000

432 Adelia Avenue Sarasota, FL 34236 Multi Unit - Multiple Active

  • 432 Adelia Avenue, Sarasota, FL 34236 Main Photo

47 Total Photos [Click to View All]

Description

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.

Property Highlights

Property Type: Multi Unit - Multiple
Cooling: Central Air, Wall/Window Unit(s)
Heating: Electric
Lot Size: 0.11 Acres
Roof Type: Shingle
Taxes: $7,585
Year Built: 1932

General Information

Bedrooms: 4
Sqft: 2,063
County: Sarasota
Subdivision: PRITCHARD FRANK
Listed By:
Randy Buff COASTAL CONNECTION REALTY 941-896-9991

Amenities

Ninguno
Other
Private Mailbox

Property Features

Annual Net Income: 0.00
Days on Site: 152
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
Exterior: Frame
Flood Zone Code: X
Foundation: Pillar/Post/Pier
Home Warranty Y/N: No
Listing Terms: Cash, Conventional, VA Loan
Lot Dimensions: 0.11
Ownership: Fee Simple
Property Attached Y/N: No
Property Sub-Type: Quadruplex
Sewer: Public Sewer
Showing Instructions: 24 Hour Notice, Appointment Only
Special Sale Provisions: None
Units: 4
Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Water: Public
Water Access Y/N: No
Zoning: DTN
$699,000
4beds
2,063sqft
Active Price Reduced $20,000 on February 25th, 2026
BEDS4 BATHS SQUARE FEET2,063 MLS#A4667029
STATUSActive PROPERTY TYPEMulti Unit - Multiple SUBDIVISIONPRITCHARD FRANK

Get in Touch

Contact an agent to learn more about

432 Adelia Avenue, Sarasota, FL 34236.

Contact Form

Preferred Communication Method:

Estimate Your Payment

Estimated Payment

$ 3,193.57 per month $2,357.61 Principal & Interest $632.08 Property Tax $203.88 Homeowner's Insurance

Change Payment Information

%
years/fixed
yearly
yearly (est.)
(Payments are an estimate and may vary by lender)

About this area

Florida/Sarasota
Sarasota

View Listings

About Sarasota

Sarasota, FL is a cultural gem. Once home to the Ringling Brothers Circus, Sarasota boasts a rich arts scene that brings people from all over the area to enjoy world-class theater, music, and other performing arts. Sarasota is also a haven with spectacular scenery, turquoise water and white sandy beaches. It offers a delightful downtown with a variety of small boutiques and exceptional restaurants. With its dynamic culture and arts scene and incredible natural beauty, Sarasota is a wonderful place to call “home.” 

Learn More About Living in Sarasota, Florida

About this community

Login to My Homefinder

Pixel