$1,775,000
1516 Oak Street
Sarasota, FL 34236
Listing updated: June 6, 2026 at 12:05 PM ET
Property type
Year built
Lot size
Price / sq ft
HOA dues
Days on market
Flood zone
About this home
In the heart of desirable Burns Court in Sarasota, stands a captivating European-inspired Florida home. This DUPLEX offers a two bedroom, two bath residence downstairs and a three bedroom, three bath upstairs. 1516 Oak Street offers the unique advantage of downtown walkability coupled with the privacy of a fully fenced, meticulously landscaped yard adorned with native plants. This residence provides an ideal alternative to condominium living, granting residents exclusive private outdoor space for themselves and their pets without the financial burden of monthly condominium fees. Indulge in the sun on the expansive upstairs balcony or unwind on the shaded patio. Prepare delectable charcuterie boards in the well-appointed kitchen, perfect for hosting happy hour gatherings, dinner parties, garden parties, or brunches. Each restful bedroom is equipped with an ensuite bathroom, ensuring privacy and convenience. Situated conveniently near the Saturday Farmers Market, a variety of local restaurants, and the Sarasota Bayfront, this exceptional property offers unparalleled potential. Currently arranged as a fully furnished duplex, it also presents remarkable versatility as a family compound, an income-generating investment, or a potential conversion into a spacious single-family home. The owner has invested significantly in high-quality upgrades to ensure the home’s move-in readiness, including: - A new metal roof installed in 2022 - A replaced sewer line and relined pipes in 2023 - New windows, updated electrical systems, and a new air conditioning unit completed in 2025 - A well for irrigation to maintain the lush landscaping - Natural gas connection - Off street parking for 4 cars and a storage shed - Completely fenced yard and landscape lighting. Furthermore, due to the property’s DTE zoning, there is potential to add another structure on the site, expanding the possibilities for future development. Selling turnkey furnished and ready to rent if desired. Experience a remarkable lifestyle in Burns Court. Schedule a private tour today.
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 history120 days on market
- Status: ActiveFeb 7, 2026
- Listed$1,950,000Feb 6, 2026
- Price reduced$1,775,000
Facts & features
- Property type
- Residential
- Sub type
- Single Family Residence
- Status
- Active
- Days on market
- 120
- Subdivision
- Grosvenor Park Sub
- County
- Sarasota
- Year built
- 1969
- Living area
- 2,416 sq ft
- Price/sq ft
- $735
- Building area
- 3,168 sq ft (Public Records)
- Lot size
- 6,500 sq ft
- Lot category
- 0 to less than 1/4
- Flood zone
- X (12115C0133G)
- Annual taxes
- $5,325 (2025)
- Parcel #
- 2027140035
- Zoning
- DTE
- MLS #
- A4680208
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Interior Details
- Bedrooms
- 5
- Full bathrooms
- 5
- Flooring
- Parquet, Terrazzo, Tile
- Appliances
- Built-In Oven, Cooktop, Dishwasher, Dryer, Exhaust Fan, Microwave, Range, Refrigerator, Washer
- Interior features
- Ceiling Fans(s), Split Bedroom, Thermostat
- Laundry
- Common Area, Laundry Room
- Stories / Levels
- Two
- Direction faces
- Northwest
- In-law suite
- Yes
Heating & Cooling
- Heating
- Central
- Cooling
- Central Air
Parking
- Parking features
- Off Street
HOA & Financial
- Total monthly fees
- $0/mo
- Total annual fees
- $0
- CDD
- No
- Homestead exemption
- Yes
- Min lease term
- 1 Week
- Listing terms
- Cash, Conventional, VA Loan
- Ownership
- Fee Simple
- Available for lease
- Yes
- Lease restrictions
- Yes
- Additional lease restrictions
- City of Sarasota rental rules apply.
Exterior & Construction
- Exterior features
- Balcony, Garden, Lighting, Outdoor Grill, Private Entrance, Private Yard, Rain Gutters, Storage
- Construction materials
- Block
- Roof
- Metal
- Foundation
- Slab
- Road surface
- Asphalt
Utilities
- Sewer
- Public Sewer
- Water source
- Public, Well
- Utilities
- BB/HS Internet Available, Electricity Connected, Natural Gas Connected, Public
Schools
Letter grades: Florida DOE 2024–25 school grades (Orange, Seminole, Lake, Osceola, Brevard). Assigned schools from the listing agent — verify enrollment with the district.
Room Details
| Room | Level | Dimensions |
|---|---|---|
| Living Room | First | 12x22 |
| Kitchen | First | 7.5x17 |
| Bedroom 2 | First | 10x12 |
| Primary Bedroom | First | 10x14 |
| Living Room | Second | 12x20 |
| Dining Room | Second | 9.11x10 |
| Bedroom 3 | Second | 10x12 |
| Primary Bedroom 2 | Second | 10x15 |
| Bedroom 5 | Second | 10x13 |
Listing Details
- Listing date
- 2026-01-31
- On market date
- 2026-02-06
- Original list price
- $1,950,000
- Occupant type
- Owner
- MLS area
- 34236 - Sarasota
- Listing AOR
- Sarasota - Manatee
- Status changed
- 2026-02-07
- Tax legal description
- LOT 6 BLK C GROSVENOR PARK
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 41 Turn north on Orange Ave toward Downtown. Turn left on to Pineapple Ave and then left onto Oak St. 1516 Is on the left. If you can’t find parking turn left on Palm and Left on Elder and park behind the home in the driveway. Enter through the back gate.
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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 6, 2026 at 12:05 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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