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$1,300,000

507 MADISON COURT, SARASOTA, FL 34236

Active61 days on market

Beds

4

Baths

2

Sq Ft

1,670 sq ft

Year Built

1948

Lot Size

0.17 acres

Garage

—

About This Property

Rare corner-lot duplex in Sarasota’s highly desirable Laurel Park Historic District, located approximately 0.5 miles from downtown Sarasota’s dining, shopping, arts, bayfront, and cultural attractions. Set beneath mature trees and surrounded by the timeless character of Laurel Park, this well-maintained property blends classic Old Florida charm with substantial recent improvements. Each residence offers 2 bedrooms, 1 bathroom, spacious living areas, a full kitchen, a dedicated laundry area, and its own private screened lanai overlooking fully fenced outdoor spaces that provide privacy and separation between the units. Recent improvements include a new roof installed in November 2024, new windows installed in September 2022, a full exterior repaint completed in January 2025, a remodeled bathroom, custom paver hardscaping, and refreshed landscaping. One residence also features a private putting green, a distinctive outdoor amenity rarely found near downtown Sarasota. Laurel Park is known for its historic character and convenient proximity to Burns Court, Payne Park, downtown Sarasota, and Sarasota Bay. Lido Key and Siesta Key beaches are also just a short drive away. Whether used as an owner-occupied residence with supplemental rental income, a long-term investment property, or a flexible downtown retreat, this duplex offers a variety of possibilities in one of Sarasota’s most charming and centrally located neighborhoods. An exceptional opportunity to own a versatile property offering character, privacy, recent improvements, and an outstanding downtown Sarasota location.

Property Overview

Property TypeResidential Income
Sub TypeDuplex
MLS #A4701927
StatusActive
Year Built1948
ConstructionBlock, Concrete, Other, Stucco, Wood Frame
RoofShingle
FoundationSlab
SubdivisionOWEN BURNS
CountySarasota
OwnershipFee Simple

Interior Features

InteriorNinguno
FlooringTile
LaundryOther, Outside
CoolingCentral Air
HeatingCentral

Exterior & Lot

ExteriorFenced, Private Yard
Lot Size0.17 acres (7,210 sq ft)
Lot FeaturesCorner Lot
Road SurfaceAsphalt
0

Utilities

WaterPublic
SewerPublic Sewer
UtilitiesPublic

Parking

GarageNo
CarportYes

HOA & Community

HOANo
Senior CommunityNo

Financial Details

List Price$1,300,000
Annual Taxes$13,932 (2025)
FinancingCash, Conventional
ZoningRSM9
Parcel #2027090069

Directions

South on Osprey from Ringling, east on Laurel, south on Madison, duplex is located on the corner of Madison and Laurel.

Location

507 MADISON COURT, SARASOTA, FL 34236

Listing Information

OfficeEXP REALTY LLC
ListedAugust 6, 2026

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Home Price

$1,300,000

20% ($260,000)
6.75%

Loan Term

Principal & Interest$6,745
Property Tax (est.)$1,192
Insurance (est.)$150
Total Monthly$8,087
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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: August 7, 2026.

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