$650,000

432 Adelia Avenue

Sarasota, FL 34236

Pending

Beds

Baths

2,063

Sq Ft

0.11

Acres

1932

Built

◆$315/sqft◆360° tour

Quadruplex

Property type

1932

Year built

4,795 sqft

Lot size

$315

Price / sq ft

No HOA

HOA dues

238

Days on market

Flood zone

About this home

Under contract-accepting backup offers. INVESTORS!! Huge price reduction! This Gillespie Park 4-unit features a 2/1, two 1/1s, and a detached efficiency with storage. Two units are vacant and easy to show. Newer roof and water heater. The units have had small updates, but this special property is a blank canvas. Unique corner lot with an alley way to the rear offers the ultimate privacy and flexibility. Leave as is or update what’s there, build a new multi-unit and maximize rents through weekly AirBnb or long term tenants, or build your dream home steps from Main Street. The Gillespie Park neighborhood is becoming one of Sarasota's most vibrant spots - walking distance to downtown restaurants and shops and the Rosemary District. Multimillion-dollar homes are lining the streets and the area will continue to revitalize. Buyer to verify all information independently.

Estimated monthly payment

Principal & interest$3,287

Property taxes$632

Home insurance (est.)$298

Down payment

20%

$130,000 downRate

6.5%

Term

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 history238 days on market

Status: Pending
Jun 5, 2026
Listed$739,000
Oct 1, 2025
Price reduced$650,000

Virtual Tour

Facts & features

Property type: Residential Income
Sub type: Quadruplex
Status: Pending
Days on market: 238
Cumulative DOM: 357
Subdivision: Pritchard Frank
County: Sarasota
Year built: 1932
Living area: 2,063 sq ft
Price/sq ft: $315
Lot size: 4,795 sq ft
Lot category: 0 to less than 1/4
Flood zone: X (12115C0133G)
Annual taxes: $7,585 (2024)
Parcel #: 2026100051
Zoning: DTN
MLS #: A4667029

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Interior Details

Bedrooms: 4
Interior features: Ninguno
Laundry: None

Heating & Cooling

Heating: Electric
Cooling: Central Air, Wall/Window Unit(s)

HOA & Financial

Total monthly fees: $0/mo
Total annual fees: $0
CDD: No
Listing terms: Cash, Conventional, VA Loan
Ownership: Fee Simple

Exterior & Construction

Exterior features: Other, Private Mailbox
Construction materials: Frame
Roof: Shingle
Foundation: Pillar/Post/Pier
Road surface: Gravel

Utilities

Sewer: Public Sewer
Water source: Public
Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

Listing Details

Listing date: 2025-10-01
On market date: 2025-10-01
Original list price: $739,000
MLS area: 34236 - Sarasota
Listing AOR: Sarasota - Manatee
Status changed: 2026-06-05
Tax legal description: LOT 12 SUB OF LOT 3 BLK K PLAT OF SARASOTA

Flood risk

Minimal riskFEMA Zone XPanel 12115C0133G

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

Take US 41 South. Turn Left on Fruitville Rd. Turn Left on N Orange. Turn Right on 4th St. Turn Left on Adelia - Building on the Right

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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 June 5, 2026 at 9:19 AM 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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