Skip to main content
1 / 18

$795,000

1950 ADAMS LANE, SARASOTA, FL 34236

3D Tour
Active366 days on market

Beds

1

Baths

1

Sq Ft

1,112 sq ft

Year Built

1925

Lot Size

0.11 acres

Garage

About This Property

Prime investment and redevelopment opportunity in Sarasota’s sought-after Towles Court Arts District! This mixed-use property offers approx. 750 sq. ft. of commercial/gallery or studio space plus 363 sq. ft. of residential use, making it ideal for live/work tenants, creative professionals, or small businesses. Historic details and metal roof—blend with flexible layouts to attract both renters and end users. With zero side setbacks and DTE (Downtown Edge) zoning, the property offers significant redevelopment upside. Surrounded by other commercial and residential parcels, 1950 Adams Lane also presents excellent assemblage potential for investors or developers looking to create a larger mixed-use or residential project. Located just steps from downtown Sarasota’s restaurants, shops, galleries, and cultural amenities, this property combines immediate income potential with long-term growth. A rare chance to secure a prime footprint in one of Sarasota’s most dynamic districts!

Property Overview

Property TypeResidential
Sub TypeSingle Family Residence
MLS #A4664827
StatusActive
Year Built1925
Total Rooms3
ConstructionWood Frame
RoofMetal
FoundationCrawlspace
FacesNorth
SubdivisionTOWLES
CountySarasota
OwnershipFee Simple

Interior Features

InteriorOther
FlooringHardwood
AppliancesOther
LaundryNone
CoolingCentral Air
HeatingCentral

Exterior & Lot

ExteriorGarden, Irrigation System, Lighting
Lot Size0.11 acres (5,000 sq ft)
Road SurfacePaved
0

Utilities

WaterPublic
SewerPublic Sewer
UtilitiesCable Available, Electricity Connected, Natural Gas Available, Water Connected

Parking

GarageNo

HOA & Community

HOANo
Senior CommunityNo

Financial Details

List Price$795,000
Original Price$995,000
Annual Taxes$7,726 (2024)
ZoningDTE
Parcel #2027080073

Directions

From 301 head west on Adams Lane to 1950 Adams Lane. Property is on the left.

Location

1950 ADAMS LANE, SARASOTA, FL 34236

Listing Information

OfficeSVN COMMERCIAL ADVISORY GROUP
ListedSeptember 11, 2025

Schedule a Tour

Pick a Day

Preferred Time

Scheduling is free, and you can cancel anytime.

Home Price

$795,000

20% ($159,000)
6.75%

Loan Term

Principal & Interest$4,125
Property Tax (est.)$729
Insurance (est.)$150
Total Monthly$5,004
Full Calculator →

How to Buy This Home

Multiple financing options available for this $795,000 home in SARASOTA.

🏛️

FHA Loan

$27,825 Down

Government-backed, low down payment. Credit scores as low as 580.

🎖️

VA Loan

$0 Down

Zero down for eligible veterans, active duty, and military families.

🏦

Conventional

$39,750 Down

Traditional financing. As low as 3-5% down with good credit.

🌾

USDA Loan

$0 Down

Zero down for eligible rural areas. Income limits apply.

Florida Down Payment Assistance Programs

You may qualify for up to $35,000 in assistance to cover your down payment and closing costs.

Florida Hometown Heroes

Up to $35,000

First-time buyers working in FL

FL Assist

Up to $10,000

FHA, VA, or USDA borrowers

FL HLP Second Mortgage

Up to $10,000

First-time buyers, 0% deferred

Sarasota County SHIP

Varies

Income-qualifying Sarasota residents

Can You Afford This Home?

Quick check based on the 28% debt-to-income rule. Not a guarantee — just a starting point.

More Homes in Sarasota

More Homes in Sarasota

Listing information is deemed reliable but not guaranteed. All measurements and data should be independently verified. This information is provided by the Stellar MLS. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed. IDX information 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. Data last updated: September 14, 2026.

Call (813) 733-7907TextContact