About This Home

This 4-bedroom, 2-bathroom multi-family at 507 MADISON Court in Sarasota, FL is listed for $1,300,000 ($778 per sqft). Built in 1948, the home offers 1,670 sqft of living space on a 0.17 acres lot.

Key Features

  • Built in 1948
  • 0.17 acre lot

Property Details

2 full
1948

Amenities

A/C
Listing Description

Rare corner-lot duplex in Sarasota's highly desirable Laurel Park Historic District, located approximately 0.5 miles from downtown Sarasota's dining, shopping, arts, bayfront, and cultural attractions. Set beneath mature trees and surrounded by the timeless character of Laurel Park, this well-maintained property blends classic Old Florida charm with substantial recent improvements.

Each residence offers 2 bedrooms, 1 bathroom, spacious living areas, a full kitchen, a dedicated laundry area, and its own private screened lanai overlooking fully fenced outdoor spaces that provide privacy and separation between the units. Recent improvements include a new roof installed in November 2024, new windows installed in September 2022, a

full exterior repaint completed in January 2025, a remodeled bathroom, custom paver hardscaping, and refreshed landscaping. One residence also features a private putting green, a distinctive outdoor amenity rarely found near downtown Sarasota. Laurel Park is known for its historic character and convenient proximity to Burns Court, Payne Park, downtown Sarasota, and Sarasota Bay.

Lido Key and Siesta Key beaches are also just a short drive away. Whether used as an owner-occupied residence with supplemental rental income, a long-term investment property, or a flexible downtown retreat, this duplex offers a variety of possibilities in one of Sarasota's most charming and centrally located neighborhoods. An exceptional opportunity to own a versatile property offering character, privacy, recent improvements, and an outstanding downtown Sarasota location.

Monthly Cost Estimate

$6,953/mo

20% down · 6.5% · 30 years

Principal$940
Interest$5,633
Insurance$379

Estimates only. Actual payments may vary.

Location

507 MADISON Court

Sarasota, FL 34236

OWEN BURNS

Features & Amenities

Interior Features

Ninguno

Exterior Features

FencePrivate Yard

Property Details

Flooring

Tile

Construction

Block Concrete Stucco Frame

Heating

Central

Cooling

Central Air

Questions & Answers

This 4-bedroom, 2-bathroom multi-family at 507 MADISON Court is listed at $1,300,000 ($778/sqft). The estimated monthly payment is $6,953 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1948, 0.17 acre lot. Interior Features: Ninguno. Exterior Features: Fence, Private Yard.

This property is listed by Charles Kovacs, Jr.

CJ

Charles Kovacs, Jr

Agent at eXp Realty LLC

Listed by eXp Realty LLC · Broker phone: (888) 883-8509 · View on Broker Site · Broker website

MLS# A4701927· Source: Stellar MLS· 89 days on PropertySimple

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.

507 MADISON Court, Sarasota, FL 34236

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