$1,525,000
420 Kumquat Court
Sarasota, FL 34236
Listing updated: April 22, 2026 at 11:56 AM ET
Property type
Year built
Lot size
Price / sq ft
HOA dues
Days on market
Flood zone
About this home
Located in the dynamic Rosemary District, 420 Kumquat Court presents a compelling opportunity for investors and developers seeking position and flexibility in a downtown growth corridor. The property includes an existing triplex generating more than $5,000 per month in potential rental income, offering immediate cash flow while future development plans are evaluated. Zoned Downtown Edge (DTE), the site allows for residential, commercial or mixed-use development. The property is adjacent to Villa Ballada, a newly constructed five-story mixed use condominium featuring 24 residences, reinforcing the area’s continued investment and redevelopment momentum. An additional opportunity exists with the neighboring parcel to the south currently available. With a combined acquisition cost of $3,220,000, this option presents the potential for increased density, with the possibility to develop up to 24 residential units, subject to municipal approvals. The seller can also transfer plans for a seven-unit condominium project designed by award-winning Halflants + Pichette, providing a ready framework for development. Positioned within approximately six blocks of more than 60 restaurants, Sarasota Farmers Market, Sarasota Bayfront, Whole Foods Market and Sarasota’s arts and theater district, the location supports strong walkability and long-term demand. The Bay Park, a 53-acre waterfront park, is approximately four blocks away, with additional access to Payne Park and Legacy Trail. Connectivity is enhanced by the Bay Runner Trolley, offering service from downtown to St. Armands Circle and Lido Beach. This offering combines current income with future development potential in one of Sarasota’s most active urban districts.
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 history9 days on market
- Status: ActiveApr 13, 2026
- Listed$1,525,000Apr 13, 2026
- Price increased$1,525,000
Facts & features
- Property type
- Residential Income
- Sub type
- Triplex
- Status
- Active
- Days on market
- 9
- Subdivision
- Rosemary District
- County
- Sarasota
- Year built
- 1981
- Living area
- 1,824 sq ft
- Price/sq ft
- $836
- Building area
- 2,208 sq ft (Public Records)
- Lot size
- 5,900 sq ft
- Lot category
- 0 to less than 1/4
- Flood zone
- X (12115C0133G)
- Annual taxes
- $7,860 (2025)
- Parcel #
- 2026110096
- Zoning
- DTE
- MLS #
- A4689791
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Interior Details
- Bedrooms
- 4
- Flooring
- Carpet, Laminate, Tile
- Appliances
- Dishwasher, Electric Water Heater, Freezer, Microwave, Range, Refrigerator
- Interior features
- Split Bedroom, Vaulted Ceiling(s), Walk-In Closet(s), Window Treatments
- Laundry
- Outside
- Stories / Levels
- Three Or More
Heating & Cooling
- Heating
- Electric
- Cooling
- Wall/Window Unit(s)
Parking
- Parking features
- Driveway, Ground Level, Open
HOA & Financial
- HOA fee
- $0
- Total monthly fees
- $0/mo
- Total annual fees
- $0
- CDD
- No
- Min lease term
- 1 Month
- Listing terms
- Cash, Conventional, Owner Financing
- Ownership
- Fee Simple
- Available for lease
- No
- Lease restrictions
- No
- Additional lease restrictions
- SEE CITY OF SARASOTA RESTRICTIONS
Exterior & Construction
- Exterior features
- Lighting
- Construction materials
- Stucco
- Roof
- Shingle
- Foundation
- Slab
- Road surface
- Asphalt
Utilities
- Sewer
- Public Sewer
- Water source
- Public
- Utilities
- Cable Available, Electricity Connected, Sewer Connected
Community
- Pets allowed
- Cats OK, Dogs OK
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.
Listing Details
- Listing date
- 2026-04-08
- On market date
- 2026-04-13
- Original list price
- $1,525,000
- MLS area
- 34236 - Sarasota
- Listing AOR
- Sarasota - Manatee
- Status changed
- 2026-04-13
- Tax legal description
- E 62.5 FT OF LOT 3 & E 55.5 FT LOT 5 BLK 27 RESUB OF BLKS 23 & 27 OWEN BURNS
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 I75 Fruitville Rd exit, go west to downtown and cross US301; turn north /right on Orange Ave.; turn west/left on 4th St., Turn right into next alley on right and see 2 story white house on 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 April 22, 2026 at 11:56 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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