Updated Corner-Lot
For Sale
$1,300,000
507 MADISON Court, Sarasota, FL 34236
Residential Income, SARASOTA, FL
Property Size1,670 SF
Lot Size0.17 Acres
Price / SF$778.44
Days on Market37
Property Features for 507 MADISON Court
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning
RSM9
Bedrooms
4
Bathrooms
2
Full bathrooms
2
Rooms
Bedroom 1, Bathroom 2, Bedroom 2, Bathroom 1, Bedroom 3, Bedroom 4
Interior features
Ninguno
Exterior features
Fence, Private Yard
Fencing
Fenced
Subdivision
OWEN BURNS
Lot features
Corner Lot
Directions
South on Osprey from Ringling, east on Laurel, south on Madison, duplex is located on the corner of Madison and Laurel.
Standard status
Active
APN
2027090069
Size
1,670 SF
Lot size
0.17 Acres
Taxes and HOA fees
Tax Year
2025
Tax 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
Tax Annual Amount
13932
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
Utilities
Sewer type
Public Sewer
Heating system
Central
Cooling system
Central Air
Water source
Public
Amenities
private screened lanai
private putting green
fully fenced outdoor spaces
dedicated laundry area
Building Details
Year built
1948
Flooring type
Tile
Building materials
Block, Concrete, Stucco, Frame
Roof type
Shingle
Listing Agency:
EXP REALTY LLC
(888) 883-8509
Listed By:
Charles Kovacs, Jr
(713) 628-6743
Added: Aug 3
Changed: Sep 2
Last Checked: Sep 8 at 1:06PM
MLS# A4701927
Copyright © 2026 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This 1,670-square-foot duplex, built in 1948, contains two residences with matching two-bedroom, one-bathroom layouts. Each unit includes a living area, full kitchen, dedicated laundry space, and private screened lanai. The 0.17-acre parcel has fenced outdoor areas, tile flooring, central heating and cooling, block, concrete, stucco, and frame construction, plus public water and sewer service.
Recent property work includes a shingle roof installed in November 2024, windows added in September 2022, exterior repainting completed in January 2025, and a remodeled bathroom. Custom paver improvements and refreshed landscaping enhance the grounds, while one residence includes a private putting green. The property is zoned RSM9 and occupies a corner setting in Sarasota’s Laurel Park Historic District.
Located at 507 Madison Court, the duplex is approximately 0.5 miles from downtown Sarasota and is near Burns Court, Payne Park, Sarasota Bay, Lido Key, and Siesta Key.
Recent property work includes a shingle roof installed in November 2024, windows added in September 2022, exterior repainting completed in January 2025, and a remodeled bathroom. Custom paver improvements and refreshed landscaping enhance the grounds, while one residence includes a private putting green. The property is zoned RSM9 and occupies a corner setting in Sarasota’s Laurel Park Historic District.
Located at 507 Madison Court, the duplex is approximately 0.5 miles from downtown Sarasota and is near Burns Court, Payne Park, Sarasota Bay, Lido Key, and Siesta Key.
Key Highlights
- Two‑residence duplex with 1,670 square feet on a 0.17‑acre lot
- Each unit offers 2 bedrooms, 1 bathroom, a full kitchen, laundry area, and screened lanai
- New roof installed in November 2024; windows replaced in September 2022
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
5,982
Businesses Nearby
Explore this area
Business Placement
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
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Two independent residences feature matching layouts, private outdoor areas, and dedicated laundry space.
Where is this duplex located?
The property is located at 507 MADISON Court Sarasota, FL.
What is the asking price?
The asking price for this property is $1,300,000.
What are key features of this property?
This property features: Two‑residence duplex with 1,670 square feet on a 0.17‑acre lot; Each unit offers 2 bedrooms, 1 bathroom, a full kitchen, laundry area, and screened lanai; New roof installed in November 2024; windows replaced in September 2022
