# 503 N OSPREY AVENUE, SARASOTA, FL 34236

> **TL;DR:** 6bd/0ba residential multi family, $1,199,999 ($406/sqft), built 1949, 2,958 sqft. Est. $5,200/mo. Listed 121 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $1,199,999 |
| Price/sqft | $406 |
| Bedrooms | 6 |
| Square Feet | 2,958 |
| Year Built | 1949 |
| Lot Size | 10,019 sqft (0.23 acres) |
| Property Type | Residential Multi Family (Other) |
| Status | For Sale |
| Days on Market | 121 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $5,200 |
| **Total** | **$5,200** |

## Property Highlights

- Built in 1949
- 0.23 acre lot

## Description

### Agent Description
FIVE UNIT APARTMENT COMPLEX. DTN zoned corner lot in downtown Sarasota. Fully rented month to month annual agreements paying below market value. City zoning allows weekly rentals. Purchase and earn rental income OR develop in DTN zoning. Common area laundry as an amenity for tenants. Bldg #1 has 2 units, each are 1 bedroom/1 bath. Bldg 2 has 2 units, each are 2 bedroom/1 bath. Bldg #3 is the cottage/studio. This property is in fast growing downtown Sarasota a few blocks to Main Street with downtown restaurants, shops and bars.  2 blocks from Sarasota City park with tennis courts, playground and dog park all situated around a lake!  Many multimillion dollar homes and deluxe condo developments in and surrounding Gillespie Park. Close to beaches and beautiful Sarasota Bay. Investment property with huge income potential and huge future DTN development. Seller is offering owner/seller financing to prospective buyers. 60% minimum down payment requirement. All financing terms are extremely attractive. Minimum balloon options will be considered.  Seller will not go into 2nd position as lender.

## Location

- **Address:** 503 N OSPREY AVENUE, SARASOTA, FL 34236
- **County:** Sarasota
- **Neighborhood:** CENTRAL PARK SUB
- **Coordinates:** 27.340678, -82.534664
- **Google Maps:** https://www.google.com/maps?q=27.340678,-82.534664

## Listing Agent

- **Name:** Patrick Ritchey
- **Brokerage:** RE/MAX ALLIANCE GROUP
- **Phone:** 9412847287
- **Email:** teamritchey@verizon.net

## Primary Photo

![503 N OSPREY AVENUE - Primary Photo](http://lh.rdcpix.com/99b9475401dbfa9714edb5de19d97286l-f3349310769r.jpg)

*30 total photos available on [listing page](https://www.propertysimple.com/listing/503-n-osprey-avenue-sarasota-fl-34236-a4674885)*

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**MLS#:** A4674885 | **Updated:** 2026-04-25
**Source:** listhub

*Copyright © 2026 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.com/listing/503-n-osprey-avenue-sarasota-fl-34236-a4674885)

---

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