Presented By: COASTAL CONNECTION REALTY with 941-896-9991. - 941-896-9991
MLS# A4651104
05/01/2025
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Beds • 4
Baths • 4
SQFT • 2,063
Home Details
Charming Fourplex in the Heart of Gillespie Park! Step back into Sarasota’s golden era with this beautifully maintained 1935 gem just a hop, skip, and a latte from Downtown! This delightful 4-unit property is bursting with character and income potential. It would make an ideal house hack for someone looking to be close to downtown and have a good portion of your mortgage paid by your tenants. Featuring a 2/1, two 1/1s, and an adorable 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)! Rents are currently $1,850 2/1, $1,595 1/1, $1,445 1/1, and $1,295 efficiency. The roof is from 2019 (nice!), there’s parking for three, plus easy street parking for visitors or your future self. Zoned DTN, this lot has development flexibility with room for up to 12 units per acre. Whether you’re an investor looking to expand or just want to own a piece of Sarasota charm, this property checks the boxes with a wink and a smile.
Presented By: COASTAL CONNECTION REALTY with 941-896-9991. - 941-896-9991
Interior Features for 432 ADELIA AVENUE
Bedrooms
Total Bedrooms4
Bathrooms
Total Baths4
Other Interior Features
LivingAreaSourcepublic records
Air Conditioning Y/NYes
Common Wallscorner unit
Fireplace Y/NNo
Heating Y/NYes
Interior Amenitiesceiling fan(s)
Laundry Featuresnone
General for 432 ADELIA AVENUE
Additional Parcels Y/NNo
Building Area Unitssquare feet
Carport Y/NNo
Citysarasota
Construction Materialswood frame, wood siding
Coolingwall/window unit(s)
Countysarasota
Directionsus 41 south. turn left on fruitville rd. turn left on north orange ave. turn right on 4th st. turn left on adelia ave. building is on the right. on street parking.
Flood Zone Codex
Flood Zone Code XY
Garage Y/NNo
HOANo
Heatingelectric, wall units / window unit
Land Lease Y/NNo
Legal Descriptionlot 12 sub of lot 3 blk k plat of sarasota
Listing Termscash, conventional, fha, va loan
Living Area Unitssquare feet
Lot Size Square Feet4795
Lot Size Unitssquare feet
MLS Area34236 - sarasota
ModificationTimestamp2025-05-02t10:51:47.940z
New ConstructionNo
Number Of Units Total4
Ownershipfee simple
Property Subtypequadruplex
Property Typeresidential income
Roofshingle
Senior Community Y/NNo
Sewerpublic sewer
Standard Statusactive
Statusactive
Subdivision Namepritchard frank
Tax Annual Amount7585.04
Tax Lot12
Tax Year2024
Tenant Payselectricity
Utilitiescable connected, electricity connected, natural gas connected, sewer connected, water connected
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