651 Madison Court, Sarasota, FL 34236
Local realty services provided by:CENTURY 21 North East
651 Madison Court,Sarasota, FL 34236
$1,299,000
- 3 Beds
- 3 Baths
- 1,680 sq. ft.
- Multi-family
- Active
Listed by: zachary greenberg
Office: coastal real estate professionals llc.
MLS#:GC538888
Source:MFRMLS
Price summary
- Price:$1,299,000
- Price per sq. ft.:$639.27
About this home
651 Madison Court is a tidy & attractive multi-family home located in the highly desirable neighborhood of Laurel Park, adjacent to downtown Sarasota. The property, which consists of (3) one bedroom, one bathroom apartments, originally constructed in 1953, and extensively renovated in 2023, is fully rented with 3 excellent long term (annual) tenants. The lot location is quiet and attractive, at the end of non-thru street, with neighbors including the Sarasota senior friendship center, multi million dollar new construction homes, the Hudson Bayou waterway and Laurel park kayak launch, downtown Sarasota, Selby Gardens and its marina & waterfront. The 1680 sq/ft concrete block structure includes a 2023 metal roof, 2023 updates to electrical and plumbing systems, impact windows, stylish new kitchens and bathrooms, tile floors, and HVAC systems. The apartments are separately metered for electricity and city services and tenants are paying all utilities individually. Though currently occupied with wonderful annual tenants, the City of Sarasota location makes future use for short term rentals possible, at a 7 night minimum, and there are several other STR's in close proximity. It would be a wonderful 1031 exchange, and is located within the City of Sarasota Qualified Opportunity Zone 1.02, for additional tax advantaged investment, for a potential buyer. Please do not disturb tenants. Access by appointment only....
Contact an agent
Home facts
- Year built:1953
- Listing ID #:GC538888
- Added:12 day(s) ago
- Updated:April 09, 2026 at 12:34 PM
Rooms and interior
- Bedrooms:3
- Total bathrooms:3
- Flooring:Tile
- Dining Description:Eat In Kitchen
- Kitchen Description:Eat-in Kitchen, Microwave, Range, Range Hood, Refrigerator, Solid Surface Counters
- Bedroom Description:Primary Bedroom Main Floor
- Basement Description:Block, Crawlspace, Pillar/Post/Pier
- Living area:1,680 sq. ft.
Heating and cooling
- Cooling:Mini-Split Unit(s), Zoned
- Heating:Central, Electric, Heat Pump, Zoned
Structure and exterior
- Roof:Metal
- Year built:1953
- Building area:1,680 sq. ft.
- Lot area:0.15 Acres
- Lot Features:Landscaped, Level, Near Public Transit, Paved, Sidewalk
- Construction Materials:Block, Stucco
- Exterior Features:Garden, Lighting
- Foundation Description:Block, Pillar/post/pier
- Levels:1 Story
Schools
- High school:Sarasota High
- Middle school:Booker Middle
- Elementary school:Southside Elementary
Utilities
- Water:Public, Water Connected
- Sewer:Public, Public Sewer, Sewer Connected
Finances and disclosures
- Price:$1,299,000
- Price per sq. ft.:$639.27
- Tax amount:$12,724 (2025)
Features and amenities
- Appliances:Electric Water Heater, Microwave, Range, Range Hood, Refrigerator, Washer
- Laundry features:Electric Dryer Hookup, Inside, Laundry Closet, Washer, Washer Hookup
- Amenities:Cable Connected, Ceiling Fans(s), Eat-in Kitchen, Primary Bedroom Main Floor, Solid Surface Counters
- Pool features:Public Pool
New listings near 651 Madison Court
- Open Sun, 1am to 4pmNew
$2,450,000Active2 beds 2 baths1,940 sq. ft.6140 Midnight Pass Road #904, SARASOTA, FL 34242
MLS# A4682903Listed by: COLDWELL BANKER REALTY - New
$7,900,000Active3 beds 4 baths5,600 sq. ft.128 Golden Gate Point #901B, SARASOTA, FL 34236
MLS# A4687889Listed by: COLDWELL BANKER REALTY - New
$415,000Active3 beds 2 baths1,686 sq. ft.4341 Nelson Avenue, SARASOTA, FL 34231
MLS# A4688886Listed by: COLDWELL BANKER REALTY - New
$179,000Active2 beds 2 baths1,206 sq. ft.4160 Fruitville Road #11, SARASOTA, FL 34232
MLS# A4689204Listed by: BLUE SKY REAL ESTATE - New
$799,999Active3 beds 3 baths1,831 sq. ft.5351 Moeller Avenue, SARASOTA, FL 34233
MLS# A4689390Listed by: DALTON WADE INC - New
$629,000Active2 beds 2 baths1,541 sq. ft.2753 Valencia Drive, SARASOTA, FL 34239
MLS# TB8493972Listed by: COASTAL PROPERTIES GROUP INTERNATIONAL - New
$1,049,999Active1 beds 1 baths782 sq. ft.711 Beach Road #408, SARASOTA, FL 34242
MLS# A4689303Listed by: HARRY ROBBINS ASSOC INC - New
$810,000Active3 beds 3 baths2,656 sq. ft.4801 Edgemont Court, SARASOTA, FL 34233
MLS# A4687407Listed by: JOHN HARDING REALTY - New
$2,895,000Active3 beds 5 baths5,742 sq. ft.3129 Founders Club Drive, SARASOTA, FL 34240
MLS# A4689202Listed by: PREMIER SOTHEBY'S INTERNATIONAL REALTY - New
$179,000Active2 beds 2 baths800 sq. ft.5308 Tri Par Drive, SARASOTA, FL 34234
MLS# A4689063Listed by: EXIT KING REALTY