651 Madison Court, Sarasota, FL 34236
Local realty services provided by:CENTURY 21 Real Estate Champions
651 Madison Court,Sarasota, FL 34236
$1,149,000
- 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:$1,149,000
- Price per sq. ft.:$565.45
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:66 day(s) ago
- Updated:June 02, 2026 at 12:08 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:$1,149,000
- Price per sq. ft.:$565.45
- 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
- New
$525,000Active4 beds 2 baths1,990 sq. ft.5737 Forester Lake Drive, SARASOTA, FL 34243
MLS# A4695165Listed by: KW SUNCOAST - New
$325,000Active3 beds 2 baths1,200 sq. ft.4303 Chestnut Avenue, SARASOTA, FL 34234
MLS# A4695604Listed by: HERNZ PROPERTIES LLC - New
$449,000Active2 beds 2 baths1,304 sq. ft.435 S Gulfstream Avenue #206, SARASOTA, FL 34236
MLS# A4694462Listed by: RE/MAX ALLIANCE GROUP - Open Sun, 1 to 3pmNew
$989,000Active3 beds 3 baths2,626 sq. ft.5773 Long Shore Loop, SARASOTA, FL 34238
MLS# A4695401Listed by: ANDREWS & ASSOCIATES REALTY - New
$324,900Active3 beds 2 baths1,944 sq. ft.5368 Kelly Drive #17, SARASOTA, FL 34233
MLS# A4695569Listed by: FINE PROPERTIES - New
$319,900Active4 beds 2 baths1,400 sq. ft.3530 Goodrich Avenue, SARASOTA, FL 34234
MLS# A4695567Listed by: ANMARK REALTY LLC - New
$910,000Active4 beds 3 baths2,916 sq. ft.5026 Hanging Moss Lane, SARASOTA, FL 34238
MLS# N6144508Listed by: RE/MAX ALLIANCE GROUP
$488,500Pending3 beds 2 baths1,718 sq. ft.2609 Darwin Avenue, SARASOTA, FL 34239
MLS# A4695205Listed by: BRIGHT REALTY- New
$372,000Active3 beds 2 baths1,373 sq. ft.4553 Linwood Street, SARASOTA, FL 34232
MLS# A4693155Listed by: SHOWTIME REALTY - New
$539,900Active4 beds 3 baths2,805 sq. ft.5654 Aaron Court, SARASOTA, FL 34232
MLS# O6412415Listed by: MAINSTAY BROKERAGE LLC