$995,000
1950 Adams Lane
Sarasota, FL 34236
Listing updated: October 25, 2025 at 2:36 PM ET
Listing courtesy of Svn Commercial Advisory Group · Larry Starr · MLS #A4664827 · Active · 941-387-1200Property type
Year built
Lot size
Price / sq ft
HOA dues
Days on market
Flood zone
About this home
Prime investment and redevelopment opportunity in Sarasota’s sought-after Towles Court Arts District! This mixed-use property offers approx. 750 sq. ft. of commercial/gallery or studio space plus 363 sq. ft. of residential use, making it ideal for live/work tenants, creative professionals, or small businesses. Historic details and metal roof—blend with flexible layouts to attract both renters and end users. With zero side setbacks and DTE (Downtown Edge) zoning, the property offers significant redevelopment upside. Surrounded by other commercial and residential parcels, 1950 Adams Lane also presents excellent assemblage potential for investors or developers looking to create a larger mixed-use or residential project. Located just steps from downtown Sarasota’s restaurants, shops, galleries, and cultural amenities, this property combines immediate income potential with long-term growth. A rare chance to secure a prime footprint in one of Sarasota’s most dynamic districts!
Local Insight
At nearly $900/sqft for a 1-bed, 1-bath built in 1925, you're paying modern Sarasota prices for a property that will almost certainly need significant updates—this isn't a value play unless you're specifically seeking a small historic home or a teardown lot in an established neighborhood. The real appeal here is the Towles location and no HOA, but the tight 0.11-acre lot limits your options for expansion, so understand upfront whether you're buying the bones of a charming cottage or banking on future redevelopment potential.
AI-generated insight based on listing data and neighborhood context. Verify independently.
Estimated monthly payment
Estimate only. Taxes use the listing's reported amount where available; insurance is a Florida-average estimate. Your actual payment will vary — run a full calculation or talk to a lender.
Price & listing history44 days on market
- Status: ActiveSep 11, 2025
- Listed$995,000Sep 11, 2025
- Price increased$995,000
Facts & features
- Property type
- Residential
- Sub type
- Single Family Residence
- Status
- Active
- Days on market
- 44
- Subdivision
- Towles
- County
- Sarasota
- Year built
- 1925
- Living area
- 1,112 sq ft
- Price/sq ft
- $895
- Building area
- 1,802 sq ft (Public Records)
- Lot size
- 5,000 sq ft
- Lot category
- 0 to less than 1/4
- Flood zone
- X (12115C0133G)
- Annual taxes
- $7,726 (2024)
- Parcel #
- 2027080073
- Zoning
- DTE
- MLS #
- A4664827
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Interior Details
- Bedrooms
- 1
- Full bathrooms
- 1
- Flooring
- Wood
- Appliances
- Other
- Interior features
- Other
- Laundry
- None
- Stories / Levels
- One
- Direction faces
- North
Heating & Cooling
- Heating
- Central
- Cooling
- Central Air
HOA & Financial
- Total monthly fees
- $0/mo
- Total annual fees
- $0
- CDD
- No
- Min lease term
- 1-7 Days
- Ownership
- Fee Simple
- Available for lease
- Yes
- Lease restrictions
- Yes
- Additional lease restrictions
- none
Exterior & Construction
- Exterior features
- Garden, Lighting
- Construction materials
- Frame
- Roof
- Metal
- Foundation
- Crawlspace
- Road surface
- Paved
Utilities
- Sewer
- Public Sewer
- Water source
- Public
- Utilities
- Cable Available, Electricity Connected, Natural Gas Available, Water Connected
Room Details
| Room | Level | Dimensions |
|---|---|---|
| Great Room | First | 44x26 |
| Kitchen | First | 5x10 |
| Primary Bedroom | First | 10x10 |
Listing Details
- Listing date
- 2025-09-11
- On market date
- 2025-09-11
- Original list price
- $995,000
- Occupant type
- Vacant
- MLS area
- 34236 - Sarasota
- Listing AOR
- Sarasota - Manatee
- Status changed
- 2025-09-11
- Tax legal description
- LOT 13, BLK B, TOWLES SUB
Flood risk
Minimal-risk area outside the mapped floodplain. Flood insurance is optional and typically low-cost.
Source: FEMA flood zone reported on the listing. Confirm current designation at FEMA Flood Map Service Center.
Location
Directions
From 301 head west on Adams Lane to 1950 Adams Lane. Property is on the left.
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Listings courtesy of Stellar MLS as distributed by MLS GRID
IDX information is provided exclusively 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.
Based on information submitted to the MLS GRID as of October 25, 2025 at 2:36 PM ET. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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