507 Madison Court, FL507 Madison Court, FL507 Madison Court, FL
Stellar MLS
1 / 79

$1,300,000

507 Madison Court

Sarasota, FL 34236

Listing updated: August 6, 2026 at 1:21 PM ET

Active
Stellar MLSListing courtesy of Exp Realty Llc · Charles Kovacs, Jr · MLS #A4701927 · Active · 888-883-8509
4
Beds
2
Baths
1,670
Sq Ft
0.17
Acres
1948
Built
$778/sqft
Duplex

Property type

1948

Year built

7,210 sqft

Lot size

$778

Price / sq ft

No HOA

HOA dues

0

Days on market

X

Flood zone

About this home

Rare corner-lot duplex in Sarasota’s highly desirable Laurel Park Historic District, located approximately 0.5 miles from downtown Sarasota’s dining, shopping, arts, bayfront, and cultural attractions. Set beneath mature trees and surrounded by the timeless character of Laurel Park, this well-maintained property blends classic Old Florida charm with substantial recent improvements. Each residence offers 2 bedrooms, 1 bathroom, spacious living areas, a full kitchen, a dedicated laundry area, and its own private screened lanai overlooking fully fenced outdoor spaces that provide privacy and separation between the units. Recent improvements include a new roof installed in November 2024, new windows installed in September 2022, a full exterior repaint completed in January 2025, a remodeled bathroom, custom paver hardscaping, and refreshed landscaping. One residence also features a private putting green, a distinctive outdoor amenity rarely found near downtown Sarasota. Laurel Park is known for its historic character and convenient proximity to Burns Court, Payne Park, downtown Sarasota, and Sarasota Bay. Lido Key and Siesta Key beaches are also just a short drive away. Whether used as an owner-occupied residence with supplemental rental income, a long-term investment property, or a flexible downtown retreat, this duplex offers a variety of possibilities in one of Sarasota’s most charming and centrally located neighborhoods. An exceptional opportunity to own a versatile property offering character, privacy, recent improvements, and an outstanding downtown Sarasota location.

Estimated monthly payment

Principal & interest$6,574
Property taxes$1,161
Home insurance (est.)$596

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 history0 days on market

  1. Status: Active
    Aug 6, 2026
  2. Listed$1,300,000
    Aug 6, 2026
  3. Price increased$1,300,000

Facts & features

Property type
Residential Income
Sub type
Duplex
Status
Active
Days on market
0
Subdivision
Owen Burns
County
Sarasota
Year built
1948
Living area
1,670 sq ft
Price/sq ft
$778
Lot size
7,210 sq ft
Lot category
0 to less than 1/4
Flood zone
X (12115C0133G)
Annual taxes
$13,932 (2025)
Parcel #
2027090069
Zoning
RSM9
MLS #
A4701927

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Interior Details

Bedrooms
4
Flooring
Tile
Interior features
Ninguno
Laundry
Other, Outside

Heating & Cooling

Heating
Central
Cooling
Central Air

Parking

Carport
Yes

HOA & Financial

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

Exterior & Construction

Exterior features
Fence, Private Yard
Construction materials
Block, Concrete, Other, Stucco, Frame
Roof
Shingle
Foundation
Slab
Road surface
Asphalt

Utilities

Sewer
Public Sewer
Water source
Public
Utilities
Public

Listing Details

Listing date
2026-08-03
On market date
2026-08-06
Original list price
$1,300,000
MLS area
34236 - Sarasota
Listing AOR
Sarasota - Manatee
Status changed
2026-08-06
Tax legal description
LOTS 8 9 10 & N 1/2 LOT 11 OWEN BURNS SUB RESUB OF LOTS 17 19 21 & 23 SUB OF LOT 15 BLK G POS

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

South on Osprey from Ringling, east on Laurel, south on Madison, duplex is located on the corner of Madison and Laurel.

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MLS GRID

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 August 6, 2026 at 1:21 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.

All or a portion of the multiple listing information is provided by Stellar MLS, from a copyrighted compilation of listings. The compilation of listings and each individual listing are © 2026 Stellar MLS. All rights reserved.

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