Residential Income in SARASOTA

$1,300,000

507 MADISON, 34236, SARASOTA, FL

Residential Income for sale in SARASOTA, 507 MADISON, 34236, 1670 m²

507 MADISON, 34236, SARASOTA, FL

$1,300,000

4Bed
2Bath
1670
Type: Residential Income

Description

Rare corner-lot duplex in Sarasota’s highly desirable Laurel Park Historic District, located approximately 0.5 miles from downtown Sarasota’s dining, shopping, arts, bayfront, and cultural attractions. Set beneath mature trees and surrounded by the timeless character of Laurel Park, this well-maintained property blends classic Old Florida charm with substantial recent improvements. Each residence offers 2 bedrooms, 1 bathroom, spacious living areas, a full kitchen, a dedicated laundry area, and its own private screened lanai overlooking fully fenced outdoor spaces that provide privacy and separation between the units. Recent improvements include a new roof installed in November 2024, new windows installed in September 2022, a full exterior repaint completed in January 2025, a remodeled bathroom, custom paver hardscaping, and refreshed landscaping. One residence also features a private putting green, a distinctive outdoor amenity rarely found near downtown Sarasota. Laurel Park is known for its historic character and convenient proximity to Burns Court, Payne Park, downtown Sarasota, and Sarasota Bay. Lido Key and Siesta Key beaches are also just a short drive away. Whether used as an owner-occupied residence with supplemental rental income, a long-term investment property, or a flexible downtown retreat, this duplex offers a variety of possibilities in one of Sarasota’s most charming and centrally located neighborhoods. An exceptional opportunity to own a versatile property offering character, privacy, recent improvements, and an outstanding downtown Sarasota location.

Location

507 MADISON, 34236, SARASOTA, FL

Data

Object TypeResidential Income
Purchase Price$1,300,000
Living Space1670 m²
Plot Size669.83 m²
Bathrooms2
Construction Year1948
ConditionNot specified
RoomsN/A

Energy Information

Heating TypeCentral
Primary Energy SourceN/A
Construction Year1948
Energy CertificateN/A
Final Energy DemandN/A
Certificate Valid UntilN/A
Energy Efficiency ClassN/A

Contact Agent

Listing Agent

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Real Estate Agent