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- Description
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No HOA
Street View
$1,525,000
Monthly Est:$7,590
4 Beds
3 Baths
1,824sqft
420 Kumquat Ct, Sarasota, FL 34236
$1,525,000
$7,590/moEst:
Get Pre-Approved
Triplex
Built in 1981
$-- HOA
5,900 sqft lot
$836/sq.ft
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.
- Houzeo last checked: 11 minutes ago
- Listing updated: April 22, 2026 at 3:56 pm
- Listing Provided by: Frank Lambert (941) 920-1500 , Anita Lambert | PREMIER SOTHEBY'S INTERNATIONAL REALTY (941) 364-4000
- Source: Stellar MLS-FL as distributed by MLS GRID | MLS#: A4689791
Property Details
Status
Active
Type
Multi Family
No. of Stories
-
County
City
Neighborhood
Year Built
1981
HOA Fees
-
Finished Area
1,824 sqft
Lot Size
5,900 sqft lot
Basement Area
- sqft
MLS Name
Stellar MLS
MLS Number
A4689791
MLS Status
Active
Days on Market
202
Cumulative Days on Market
9
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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedrooms: 4
Bathrooms: 3
Interior
Window Features
Blinds, Window Treatments
Sewer
Public Sewer
Flooring
Carpet, Laminate, Tile
Exterior Features
Lighting
Appliances
Dishwasher, Electric Water Heater, Freezer, Microwave, Range, Refrigerator
Cooling
Wall/window Unit(s)
Heating
Electric
Interior Features
Split Bedroom, Vaulted Ceiling(s), Walk In Closet(s), Window Treatments
Construction
Year Built
Year Built: 1981
Home type
Triplex
Property Condition
Completed
Roof
Shingle
Construction Materials
Stucco
Foundation Details
Slab
Utilities & Energy
Parking Features
Driveway, Ground Level, Open
Laundry Features
Outside
Security Features
Smoke Detector(s)
Water Source
Public
Utilities
Cable Available, Electricity Connected, Sewer Connected
Pool Features
Screen Enclosure
Other Features
Tenant Pays
Electricity, Sewer, Trash Collection, Water
Subdivision Name
Rosemary District
Patio And Porch Features
Covered, Front Porch, Porch
Lot Features
Historic District, City Limits, Paved
Price History
| Date | Event | Price |
|---|---|---|
04/13/2026 Source: | Listed for Sale | $1,525,000 +69.44% $836/sqft |
12/26/2008 Source: | Price Increased | $900,000 +50.25% $493/sqft |
02/01/2008 Source: | Price Decreased | $599,000 -4.16% $328/sqft |
06/24/2007 Source: | Listing Removed | $625,000 +111.86% $343/sqft |
11/17/2004 Source: | Sold | $295,000 $162/sqft |
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Based on information from Stellar MLS® through Nov 02, 2026, 12:00PM as submitted to and distributed by MLS GRID. All data is obtained from various sources and may not have been verified by the broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively for consumers’ personal non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. The use of the MLS GRID Data may be subject to an end-user license agreement prescribed by the Member Participant’s applicable MLS, if any, and as amended from time to time. © 2026 Stellar MLS. All Rights Reserved.
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