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Downtown Edge Triplex
For Sale
$1,525,000

420 KUMQUAT COURT, Sarasota, FL 34236

DTE zoning supports residential, commercial, or mixed-use development alongside the property's existing three residences.

Property Size1,824 SF
Price / SF$836.07
Days on Market202

Property Features for 420 KUMQUAT COURT

General Information

Standard status Active
Size 1,824 SF
Property subtype Residential Income
Zoning DTE

Additional Details

Land Use residential, commercial, mixed-use

Taxes and HOA fees

Annual Taxes $7,860

Amenities

Split Bedroom
Vaulted Ceiling(s)
Walk-In Closet(s)
Window Treatments
Lighting

Building Details

Building Size 1,824 SF
Year Built 1981
Stories 3
Listing Agency: DEBBIE HERING REALTY & ASSOC.
Listed By: Debbie Hering · License #0618987
Source: Debbieheringrealty
Added: Apr 8 Changed: Oct 25 Last Checked: Oct 23 at 5:27PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of DEBBIE HERING REALTY & ASSOC.

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Investment Insights

Based on property information with market context.

This 1,824-square-foot triplex, built in 1981, is located in Sarasota's Rosemary District. The existing three-unit property offers rental-income potential. Its DTE zoning supports residential, commercial, or mixed-use development. Transferable plans for a seven-unit condominium project are also available, and development of up to 24 residential units is described as possible subject to municipal approvals.

Villa Ballada, a five-story mixed-use condominium with 24 residences, is adjacent. Within approximately six blocks are more than 60 restaurants, Sarasota Farmers Market, Sarasota Bayfront, Whole Foods Market, and Sarasota's arts and theater district. The Bay Park is approximately four blocks away; Payne Park and Legacy Trail are also accessible. The Bay Runner Trolley connects downtown with St. Armands Circle and Lido Beach.

Key Highlights

  • Existing triplex with three residences and rental‑income potential
  • 1,824 square feet; built in 1981
  • Zoned DTE for residential, commercial, or mixed‑use development

Property Analytics

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Open Analytics

Location Intelligence

Trade Area within ½ mile

6,274
Businesses Nearby

Demographics for 34236, FL

14,083
Population
11,661
Households
1.2
Avg Household Size
66
Median Age
62%
College-Educated
96%
High-School Grad
3.6 sq mi
ZIP Area
3,912
Density / Sq Mi
$96,400
Median Household Income
$48,828
Median Earnings
$2,010
Median Rent
$917,100
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Triplex - DTE zoning supports residential, commercial, or mixed-use development alongside the property's existing three residences.
Where is this triplex located?
The property is located at 420 KUMQUAT COURT Sarasota, FL.
What is the asking price?
The asking price for this property is $1,525,000.
What are key features of this property?
This property features: Existing triplex with three residences and rental‑income potential; 1,824 square feet; built in 1981; Zoned DTE for residential, commercial, or mixed‑use development
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