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420 Kumquat Court

SARASOTA, FL 34236
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Bed 4

Bed

Bath 3

Bath

SqFt1,824

Sqft

Acres0.14

Acre(Lot)

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.

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Detail Ic Property Details

Property Type : Residential Income

Price : $1,525,000

AD Id : 77029175

MLS Id : MFRA4689791

Beds : 4

Lot Size : 0.14 Acre

Living Area Size : 1,824

Year Built : 1981

County : Sarasota

Subdivision: Rosemary District

  • Map Map

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Feature Features

  • Bedroom Information

    Total Bedroom: 4

    Bathroom Information

    Total Baths: 3

    Interior Features

    Split Bedroom, Vaulted Ceiling(s), Walk-In Closet(s), Window Treatments Roof: Shingle Appliances: Dishwasher, Electric Water Heater, Freezer, Microwave, Range, Refrigerator Laundry Features: Outside

    Roofing Information

    Shingle
  • Flooring Information

    Flooring: Carpet, Laminate, Tile Construction Materials: Stucco
  • Heating & Cooling

    Heating: Electric Cooling: Wall/Window Unit(s) WaterSource: Public

  • Building Information

    Year Built: 1981
  • Exterior Features

    Lighting Construction Materials: Stucco Foundation Details: Slab Road Responsibility: Public Maintained Road
  • Pool Features

    Private Pool: Screen Enclosure

  • Lot Information

    Lot Description: Historic District, City Limits, Paved Lot Square Feet: 5900 Lot Acres: 0.14 Lot Size (SqMt): 548

    Property Information

    Property Type: Residential Income Sub Type: Triplex

  • Listing Price Information

    Original List Price:$1525000

  • Tax Information

    Tax Block: 27 Tax Book Number: A-66 Tax Lot: 3 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 Annual Tax: $7860 Tax Year: 2025 Parcel Number: 2026110096

  • Parking Information

    Driveway, Ground Level, Open

  • School Information

    Elementary School: Alta Vista Elementary Junior High School: Booker Middle Senior High School: Booker High
  • Utility Information

    Cable Available, Electricity Connected, Sewer Connected Sewer: Public Sewer Water Source: Public
  • Location Information

    Subdivision: ROSEMARY DISTRICT City: SARASOTA Direction: From I75 Fruitville Rd exit, go west to downtown and cross US301; turn north /right on Orange Ave.; turn west/left on 4th St., Turn right into next alley on right and see 2 story white house on left.
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
161 Golden Gate Point, Sarasota, FL, 34236 $3,995,000 4 4 2,752 2,752 SqFt
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ByOwner last updated this listing 06/25/2026 @ 18:20

MLS: MFRMLS #A4689791 LISTED BY: Frank Lambert, PREMIER SOTHEBY'S INTERNATIONAL REALTY 941-364-4000 SOURCE: MFRMLS (My Florida Regional MLS DBA Stellar MLS) (Listings courtesy of MFRMLS (My Florida Regional MLS DBA Stellar MLS) as distributed by MLS GRID)

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