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$650,000

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

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Description

INVESTORS!! Huge price reduction! This Gillespie Park 4-unit features a 2/1, two 1/1s, and a detached efficiency with storage. Two units are vacant and easy to show. Newer roof and water heater. The units have had small updates, but this special property is a blank canvas. Unique corner lot with an alley way to the rear offers the ultimate privacy and flexibility. Leave as is or update what's there, build a new multi-unit and maximize rents through weekly AirBnb or long term tenants, or build your dream home steps from Main Street. The Gillespie Park neighborhood is becoming one of Sarasota's most vibrant spots - walking distance to downtown restaurants and shops and the Rosemary District. Multimillion-dollar homes are lining the streets and the area will continue to revitalize. Buyer to verify all information independently.

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: 163
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
$650,000
4beds
2,063sqft
Active Price Reduced $49,000 on March 13th, 2026
BEDS4 BATHS SQUARE FEET2,063 MLS#A4667029
STATUSActive PROPERTY TYPEMulti Unit - Multiple SUBDIVISIONPRITCHARD FRANK

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432 Adelia Avenue, Sarasota, FL 34236.

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Estimated Payment

$ 3,014.01 per month $2,192.34 Principal & Interest $632.08 Property Tax $189.58 Homeowner's Insurance

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About this area

Florida/Sarasota
Sarasota

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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.” 

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