Active

$1,300,000

Features:
  • 4 Bedrooms
  • 2 Bathrooms
  • 1670 sq ft
Overview
  • ID: MFRA4701927
  • Bedrooms: 4
  • Bathrooms: 2
  • Size: 1670 sq ft
Property Details
Remarks
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.
Financial Considerations
Price:
$1,300,000
HOA Fee:
N/A
Tax Amount:
$13932
Price per SqFt:
$778.44
Tax Legal Description:
LOTS 8 9 10 & N 1/2 LOT 11 OWEN BURNS SUB RESUB OF LOTS 17 19 21 & 23 SUB OF LOT 15 BLK G POS
Exterior Features
Lot Size:
7210
Lot Features:
Corner Lot
Waterfront:
No
Parking Spaces:
N/A
Parking:
N/A
Roof:
Shingle
Pool:
No
Pool Features:
N/A
Interior Features
Bedrooms:
4
Bathrooms:
2
Heating:
Central
Cooling:
Central Air
Appliances:
N/A
Furnished:
No
Floor:
Tile
Levels:
N/A
Additional Features
Property Sub Type:
Duplex
Style:
N/A
Year Built:
1948
Construction Type:
Block, Concrete, Other, Stucco, Frame
Garage Spaces:
No
Covered Spaces:
N/A
Direction Faces:
N/A
Pets Allowed:
No
Special Condition:
None
Additional Features:
Fence, Private Yard
Additional Features 2:
N/A
Map
  • Address
    507 MADISON CT
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