Property Description

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.

Included Appliances

DishwasherElectric Water HeaterFreezerMicrowaveRangeRefrigerator

Property Details

Highlights

View

Yes

Interior

Additional Rooms

Den/Library/Office

Appliances

DishwasherElectric Water HeaterFreezerMicrowaveRangeRefrigerator

Building Area Total

2208

Cooling

Wall/Window Unit(s)

Flooring

CarpetLaminateTile

Furnished

Unfurnished

Heating

Electric

Interior Features

Split BedroomVaulted Ceiling(s)Walk-In Closet(s)Window Treatments

Laundry Features

Outside

Living Area

1824

Security Features

Smoke Detector(s)

Window Features

BlindsWindow Treatments

Construction

Building Area Source

Public Records

Building Area Units

Square Feet

Construction Materials

Stucco

Foundation Details

Slab

Levels

Three Or More

Living Area Source

Public Records

Living Area Units

Square Feet

Property Condition

Completed

Roof

Shingle

Year Built

1981

Site & Exterior

Exterior Features

Lighting

Flood Zone Code

X

I D X Participation

Yes

Lot Features

Historic DistrictCity Lot

Lot Size Acres

0.14

Lot Size Area

5900

Lot Size Square Feet

5900

Lot Size Units

Square Feet

Number Of Lots

Yes

Number Of Separate Electric Meters

3

Open Parking

Yes

Other Structures

Shed(s)

Parking Features

DrivewayGround LevelOpen

Patio And Porch Features

CoveredFront PorchPorch

Pool Features

Screen Enclosure

Public Survey Range

18

Public Survey Section

19

Road Frontage Type

Street Paved

Road Responsibility

Public Maintained Road

Road Surface Type

PavedAsphalt

Sewer

Public Sewer

Total Acreage

0 to less than 1/4

Utilities

Cable AvailableElectricity ConnectedSewer Connected

View

Trees/Woods

Water Source

Public

Zoning

DTE

Financials

Calculated List Price By Calculated Sq Ft

836.07

Contract Status Change Date

2026-04-13

Current Price

1525000

Existing Lease Type

Net

Feed Types

BBO

Minimum Lease

1 Month

Owner Name

ON RECORD

Ownership

Fee Simple

Parcel Number

2026110096

Public Survey Township

36

Tax Annual Amount

7860

Tax Block

27

Tax Book Number

A-66

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

Tax Lot

3

Tax Year

2025

Total Actual Rent

4600

Neighborhood & Lifestyle

Community & Association

Additional Lease Restrictions

SEE CITY OF SARASOTA RESTRICTIONS

Complex Community Name N C C B

OWEN BURNS

M L S Area Major

34236 - Sarasota

Max Pet Weight

101

Number Of Pets

10+

Pet Restrictions

SEE CITY OF SARASOTA RESTRICTIONS

Pet Size

Extra Large (101+ Lbs.)

Pets Allowed

Cats OKDogs OK

S W Subdiv Community Name

Owen Burns Sub

Subdivision Name

ROSEMARY DISTRICT

Schools

Ratings

Elementary

Alta Vista Elementary

Middle

Booker Middle

High

Booker High

Listing provided courtesy of STELLAR via IDX. Updated: Apr 22, 2026, 2:38pm.

420 KUMQUAT COURT

420 KUMQUAT COURT

Property Description

Property Details

Highlights

Interior

Construction

Site & Exterior

Financials

Neighborhood & Lifestyle

Community & Association

Schools

Frank Lambert

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$200

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$100 Voucher

420 KUMQUAT COURT

420 KUMQUAT COURT

Property Description

Property Details

Highlights

Interior

Construction

Site & Exterior

Financials

Neighborhood & Lifestyle

Community & Association

Schools

Frank Lambert