$849,000
$849,000
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4 Beds
2 Baths
1,670 SqFt
SOLD DATE : 08/29/2022
Key Details
Sold Price $849,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 1,670 sqft
Price per Sqft $508
Subdivision Owen Burns
MLS Listing ID A4540718
Sold Date 08/29/22
Bedrooms 4
Construction Status Inspections
HOA Y/N No
Originating Board Stellar MLS
Year Built 1948
Annual Tax Amount $7,223
Lot Size 7,405 Sqft
Acres 0.17
Property Description
507 Madison
An exceptional opportunity for income potential awaits in this well-maintained duplex in Sarasota’s historic Laurel Park community. Set on a spacious lot to provide ample room for both tenants, this mid-century structure boasts two sizable units, each with 2BRs, 1BA, tile floors, living room, dining room and a fully equipped kitchen. The outdoor amenities for each unit are also remarkable, with a full-size Florida room and outdoor deck off one unit and a screened lanai, patio and shed off the other. A generously sized carport allows ample parking for up to 3 vehicles. Complete with xeriscape, this property offers very low outdoor maintenance requirements. Historic Laurel Park is a highly sought-after, established neighborhood of single-family homes adjacent to the heart of the city, placing an exciting variety of shops, dining venues and entertainment attractions right at your doorstep. It’s one of Sarasota’s earliest neighborhoods, where gorgeous, historic homes sit among mature trees along old-style brick streets. Residents enjoy access to a kayak launch and the community’s namesake park.
Location
State FL
County Sarasota
Community Owen Burns
Zoning RSM9
Interior
Interior Features Other
Heating Central
Cooling Central Air
Flooring Tile
Fireplace false
Exterior
Exterior Feature Fence
Utilities Available Public
Waterfront false
Roof Type Shingle
Garage false
Private Pool No
Building
Foundation Slab
Lot Size Range 0 to less than 1/4
Sewer Public Sewer
Water Public
Structure Type Block, Concrete, Other, Stucco, Wood Frame, Wood Siding
New Construction false
Construction Status Inspections
Others
Senior Community No
Ownership Fee Simple
Special Listing Condition None
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Bought with SNAP REALTY LLC