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$1,300,000

507 Madison Court Sarasota, FL 34236 Multi Unit - Multiple Active

  • 507 Madison Court, Sarasota, FL 34236 Main Photo

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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.

Property Highlights

Property Type: Multi Unit - Multiple
Cooling: Central Air
Heating: Central
Lot Size: 0.17 Acres
Roof Type: Shingle
Taxes: $13,932
Year Built: 1948

General Information

Bedrooms: 4
Sqft: 1,670
County: Sarasota
Subdivision: OWEN BURNS
Listed By:
Charles Kovacs, Jr EXP REALTY LLC 888-883-8509

Amenities

Ninguno
Fence
Private Yard

Property Features

Annual Net Income: 0.00
Days on Site: 25
Directions: South on Osprey from Ringling, east on Laurel, south on Madison, duplex is located on the corner of Madison and Laurel.
Exterior: Block, Concrete, Other, Stucco, Frame
Flood Zone Code: X
Flooring: Tile
Foundation: Slab
Home Warranty Y/N: No
Listing Terms: Cash, Conventional
Lot: Corner Lot
Lot Dimensions: 0.17
Other Equipment: Private Yard
Ownership: Fee Simple
Property Attached Y/N: No
Property Sub-Type: Duplex
Sewer: Public Sewer
Showing Instructions: Appointment Only, Call Before Showing, Call Listing Agent
Special Sale Provisions: None
Utilities: Public
Water: Public
Water Access Y/N: No
Zoning: RSM9
$1,300,000
4beds
1,670sqft
Active
BEDS4 BATHS SQUARE FEET1,670 MLS#A4701927
STATUSActive PROPERTY TYPEMulti Unit - Multiple SUBDIVISIONOWEN BURNS

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507 Madison Court, Sarasota, FL 34236.

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Estimated Payment

$ 5,924.85 per month $4,384.68 Principal & Interest $1,161.00 Property Tax $379.17 Homeowner's Insurance

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About this area

Florida/Sarasota
Sarasota

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About Sarasota

Sarasota, FL is a cultural gem. Once home to the Ringling Brothers Circus, Sarasota boasts a rich arts scene that brings people from all over the area to enjoy world-class theater, music, and other performing arts. Sarasota is also a haven with spectacular scenery, turquoise water and white sandy beaches. It offers a delightful downtown with a variety of small boutiques and exceptional restaurants. With its dynamic culture and arts scene and incredible natural beauty, Sarasota is a wonderful place to call “home.” 

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 08/31/2026. The listing information on this page last changed on 08/31/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Mon 08/31/2026 12:02:37 AM EST) or Stellar MLS (last updated Sun 08/30/2026 11:54:47 PM EST). Real estate listings held by brokerage firms other than Wagner Realty may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.

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