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432 Adelia Avenue, 
Sarasota, FL 34236

$789,000


4

Beds


4

Baths


2,063

Sq Ft


Multi-Family


Virtual Tour

Active

Listed by

Randy Buff

Shannon Scarfino

Coastal Connection Realty

Last updated:

May 3, 2025, 12:12 PM

MLS#

A4651104

Source:

MFRMLS

About This Home

432 Adelia Avenue

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.

Home Facts

Multi-Family

4 Baths

4 Bedrooms

Built in 1932

Price Summary

789,000

$382 per Sq. Ft.

MLS #:

A4651104

Last Updated:

May 3, 2025, 12:12 PM

Added:

3 day(s) ago


Rooms & Interior

Bedrooms

Total Bedrooms:

4

Bathrooms

Total Bathrooms:

4

Interior

Living Area:

2,063 Sq. Ft.


Structure

Structure

Building Area:

1,678 Sq. Ft.

Year Built:

1932


Lot

Lot Size (Sq. Ft):

4,795


Finances & Disclosures

Finances

Price:

$789,000

Price per Sq. Ft:

$382 per Sq. Ft.

MLS Logo
The information being provided by My Florida Regional MLS DBA Stellar MLS. is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the My Florida Regional MLS DBA Stellar MLS.. Coastal Connection Realty is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of Coastal Connection Realty, a broker participant of My Florida Regional MLS DBA Stellar MLS.. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, including but not limited to open house information, square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by My Florida Regional MLS DBA Stellar MLS. and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Properties in listings may have been sold or may no longer be available. Copyright 2025 My Florida Regional MLS DBA Stellar MLS.. All rights reserved.

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