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432 Adelia Avenue

Sarasota, FL 34236

4 beds
4 baths
2,063 sqft
4,795 sqft lot
$382 per sqft
1932 build
– on site

Charming Fourplex in the Heart of Gillespie Park! Step back into Sarasota’s golden era with this beautifully maintained 1935 gem just a hop, skip, and a latte from Downtown! This delightful 4-unit property is bursting with character and income potential. It would make an ideal house hack for someone looking to be close to downtown and have a good portion of your mortgage paid by your tenants. Featuring a 2/1, two 1/1s, and an adorable detached efficiency, all with great tenants on month-to-month leases who’d love to stay. Rents are strong and steady, with room to grow—especially if you incorporate the detached unit’s storage space as an extra bedroom (or possibly reconfigure it to a 2/1)! Rents are currently $1,850 2/1, $1,595 1/1, $1,445 1/1, and $1,295 efficiency. The roof is from 2019 (nice!), there’s parking for three, plus easy street parking for visitors or your future self. Zoned DTN, this lot has development flexibility with room for up to 12 units per acre. Whether you’re an investor looking to expand or just want to own a piece of Sarasota charm, this property checks the boxes with a wink and a smile.

Listing courtesy of STELLAR_MLS / COASTAL CONNECTION REALTY

Last checked: Checking… • Last updated May 3, 2025 •

MLS# A4651104 —

The Building

Year Built:

1932
New Construction:

false
Construction Materials:

Wood Frame
Common Walls:

Corner Unit
Roof:

Shingle
Foundation Details:

Stilt/On Piling
# of Buildings:

2
Building Area Total:

1678
Building Area Units:

Square Feet
Building Area Source:

Public Records

Interior

Interior Features:

Ceiling Fan(s)
Fireplace:

false

Room Dimensions

Living Area:

2063
Living Area Units:

Square Feet
Living Area Source:

Public Records

Location

Directions:

US 41 South. Turn Left on Fruitville Rd. Turn Left on North Orange Ave. Turn Right on 4th St. Turn Left on Adelia Ave. Building is on the Right. On street parking.
Latitude:

27.340339
Longitude:

-82.537331
Coordinates:

-82.537331, 27.340339

The Property

Parcel Number:

2026100051
Property Type:

Residential Income
Property Subtype:

Quadruplex
Lot Size Acres:

0.11
Lot Size Area:

4795
Lot Size SqFt:

4795
Lot Size Dimensions:

50 x 96
Lot Size Units:

Square Feet
Total Acres:

0 to less than 1/4
Zoning:

DTN
View:

false
Exterior Features:

Other
Water Source:

Public
Road Surface Type:

Asphalt
Flood Zone Code:

X
Additional Parcels:

false
Land Lease:

false

Listing Agent

Contact info:

Taxes

Tax Year:

2024
Tax Lot:

12
Tax Block:

K
Tax Legal Description:

LOT 12 SUB OF LOT 3 BLK K PLAT OF SARASOTA
Tax Book Number:

1-3
Tax Annual Amount:

$7,585.04

Beds

Bedrooms Total:

4

Baths

Total Baths:

4

The Listing

Virtual Tour URL Unbranded:

https://tours.vtourhomes.com/432adeliaavesarasotafl?b=0
Special Listing Conditions:

None

Heating & Cooling

Heating:

Electric
Heating:

true
Cooling:

Wall/Window Unit(s)
Cooling:

true

Utilities

Utilities:

Cable Connected
Sewer:

Public Sewer

Appliances

Laundry Features:

None

The Community

Subdivision Name:

PRITCHARD FRANK
Senior Community:

false
Waterview:

false
Water Access:

false
Waterfront:

false
Pool Private:

false
Association:

false
Ownership:

Fee Simple

Parking

Garage:

false
Carport:

false

Extra Units

# of Units Total:

4

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Transit Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price	% Change
5/1/25 May 1, 2025	Listed / Active	STELLAR_MLS	$789,000	21.6% (11.0% / YR)
5/19/23 May 19, 2023		STELLAR_MLS	$649,000
4/13/23 Apr 13, 2023		STELLAR_MLS	$649,000

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This multifamily located in Gillespie Park, Sarasota, FL 34236 is currently for sale for $789,000. 432 Adelia Avenue is a 2,063 square foot multifamily with 4 beds and 4 baths that has been on Estately for 9 days. 432 Adelia Avenue is in the Gillespie Park neighborhood of Sarasota and has a WalkScore® of 92, making it a walker’s paradise. This multifamily is in the attendance area of Booker Middle School, Booker High School, and Alta Vista Elementary School.

Listing Courtesy of: STELLAR_MLS and COASTAL CONNECTION REALTY.

Based on information from the My Florida Regional MLS DBA Stellar MLS 2025.

All information provided is deemed reliable but is not guaranteed and should be independently verified. Stellar MLS, Estately and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing 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. The information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser. Stellar MLS and Estately assume no responsibility for typographical errors, misprints or misinformation. This property is offered without respect to any protected classes in accordance with the law. For any questions please call (407) 499-8911.