REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.

In-PersonVirtual Tour

Marcus E Smith PA

marcus@marcusesmith.com +1(407) 342-3214

$ 1,300,000

Est. payment -/mo

Save

Active

507 MADISON CT Sarasota, FL 34236

4 Beds

2 Baths

1,670 SqFt

UPDATED:

Key Details

Property Type Multi-Family, Duplex

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 1,670 sqft

Price per Sqft $778

Subdivision Owen Burns

MLS Listing ID A4701927

Bedrooms 4

HOA Y/N No

Year Built 1948

Annual Tax Amount $13,932

Lot Size 7,405 Sqft

Acres 0.17

Property Sub-Type Duplex

Source Stellar MLS

Property 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

State FL

County Sarasota

Community Owen Burns

Area 34236 - Sarasota

Zoning RSM9

Interior

Interior Features Ninguno

Heating Central

Cooling Central Air

Flooring Tile

Fireplace false

Laundry Other, Outside

Exterior

Exterior Feature Fence, Private Yard

Utilities Available Public

View Y/N No

Water Access No

Roof Type Shingle

Garage false

Private Pool No

Building

Lot Description Corner Lot

Foundation Slab

Lot Size Range 0 to less than 1/4

Sewer Public Sewer

Water Public

Structure Type Block,Concrete,Other,Stucco,Frame

New Construction false

Others

Senior Community No

Ownership Fee Simple

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition None

Listed by Charles Kovacs, Jr EXP REALTY LLC

NEARBY SCHOOL & BUSINESS

GET MORE INFORMATION

Are you interested in buying a home? Look no further than a local real estate expert.

QUICK SEARCH

There are 74 quick searches