507 Madison Court
507 Madison Court
Sold 8/29/22
Sold 8/29/22
Description
An exceptional opportunity for income potential awaits in this well-maintained duplex in Sarasota’s historic Laurel Park community. Set on a spacious lot to provide ample room for both tenants, this mid-century structure boasts two sizable units, each with 2BRs, 1BA, tile floors, living room, dining room and a fully equipped kitchen. The outdoor amenities for each unit are also remarkable, with a full-size Florida room and outdoor deck off one unit and a screened lanai, patio and shed...507 Madison
An exceptional opportunity for income potential awaits in this well-maintained duplex in Sarasota’s historic Laurel Park community. Set on a spacious lot to provide ample room for both tenants, this mid-century structure boasts two sizable units, each with 2BRs, 1BA, tile floors, living room, dining room and a fully equipped kitchen. The outdoor amenities for each unit are also remarkable, with a full-size Florida room and outdoor deck off one unit and a screened lanai, patio and shed off the other. A generously sized carport allows ample parking for up to 3 vehicles. Complete with xeriscape, this property offers very low outdoor maintenance requirements. Historic Laurel Park is a highly sought-after, established neighborhood of single-family homes adjacent to the heart of the city, placing an exciting variety of shops, dining venues and entertainment attractions right at your doorstep. It’s one of Sarasota’s earliest neighborhoods, where gorgeous, historic homes sit among mature trees along old-style brick streets. Residents enjoy access to a kayak launch and the community’s namesake park.
- Listed by Thomas Arbuckle • COLDWELL BANKER REALTY
- Listed by Bruce Myer • COLDWELL BANKER REALTY
Property Details for 507 Madison Court
Location
Sold By SNAP REALTY LLC, Shawn Poole
Property Details for 507 Madison Court
| Status | Sold |
|---|---|
| MLS # | A4540718 |
| Days on Market | 7 |
| Taxes | $7,223 / year |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Multi Family |
| MLS Type | Residential Income / Duplex |
| Year Built | 1948 |
| Lot Size | 0.17 AC / 7,210 SF |
| County | Sarasota County |
Location
Sold By SNAP REALTY LLC, Shawn Poole
Building Information for 507 Madison Court
Payment Calculator
$5,235 per month
30 year fixed, 7.25% Interest
$4,633
$602
$0
Property Information for 507 Madison Court
- Building Area Units: Square Feet
- Directions: South on Osprey from Ringling, east on Laurel, south on Madison, duplex is located on the corner of Madison and Laurel.
- Mls Major Change Type: Sold
- Major Change Type: Closed
- Listing Service: Full Service
- Senior Community: No
- SW Subdiv Community Name: Owen Burns Sub
- Unit Number: No
- Street Number: 507
- Street Name: MADISON
- Street Suffix: COURT
- State: FL
- City: SARASOTA
- Carport: Yes
- Garage: No
- Association: No
- CDD: No
- Tax Block: G
- Tax Book Number: A-73
- Tax Legal Description: LOTS 8 9 10 & N 1/2 LOT 11 OWEN BURNS SUB RESUB OF LOTS 17 19 21 & 23 SUB OF LOT 15 BLK G POS
- Tax Lot: 8
- Tax Year: 2021
- Virtual Tour URL Unbranded: https://www.propertypanorama.com/instaview/stellar/A4540718
- Additional Parcels: No
- Parcel Number: 2027090069
- Total Acreage: 0 to less than 1/4
- Total Num Buildings: 1
- Water Access: No
- Water Extras: No
- Zoning: RSM9
- Living Area: 1670
- Year Built Numeric: 1948
- Flood Zone Code: X
- Flood Zone Date: 11-04-2016
- Flood Zone Panel: 12115C0133F
- New Construction: No
- Public Survey Range: 18
- Public Survey Section: 19
- Sewer: Public Sewer
- Utilities: Public
- Water Source: Public
- Construction Materials: Block, Concrete, Other, Stucco, Wood Frame, Wood Siding
- Exterior Features: Fenced
- Foundation Details: Slab
- Pool Private: No
- Pool: None
- Pool Private: No
- Roof: Shingle
- Waterfront Feet Total: 0
- Bedrooms Total: 4
- Cooling: Central Air
- Fireplace: No
- Flooring: Tile
- Heating: Central
- Interior Features: Other
- Living Area Source: Public Records
- Living Area Units: Square Feet
- Water View: No
- Annual Net Income: $.00
- Unit Count: 2
- Unit Type Baths Total 1: 1
- Unit Type Beds Total 1: 2
- Unit Type Heated Sq Ft 1: 835
- Unit Type Type 1: 2 Bed/1 Bath
- Unit Type Baths Total 2: 1
- Unit Type Beds Total 2: 2
- Unit Type Heated Sq Ft 2: 835
- Unit Type Type 2: 2 Bed/1 Bath
Property History for 507 Madison Court
| Date | Event & Source | Price | Appreciation |
|---|
| Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 507 Madison Court
Schools near 507 Madison Court
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | PK to 5 | |||
| Public - | 6 to 8 | |||
| Public - | 9 to 12 | |||
| Charter - | PK to 5 |
Rating | School | Distance |
|---|---|---|
Southside Elementary School PublicPK to 5 | ||
Booker Middle School Public6 to 8 | ||
Sarasota High School Public9 to 12 | ||
Suncoast School For Innovative Studies CharterPK to 5 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.
Listing Courtesy of COLDWELL BANKER REALTY, Thomas Arbuckle; COLDWELL BANKER REALTY, Bruce Myer
The information is being provided in part by Southwest Florida Multiple Listing Service, Broker Reciprocity Program ("BR Program") of M.L.S. of Naples, Inc. ("Naples MLS"), under License No. NCOMPN2, and MarcoMls. Information deemed reliable but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. Copyright 2024 Southwest Florida Multiple Listing Service and MarcoMls. All Rights Reserved. The data relating to real estate for sale displayed on this website comes in part from the Broker Reciprocity Program ("BR Program") of M.L.S. of Naples, Inc. ("Naples MLS"), under License No. NCOMPN2 and MarcoMls. Properties listed with brokerage firms other than Compass are marked with the "BR House" logo. Detailed information about such properties includes the name of the brokerage firm with which the seller has listed the property. The properties displayed may not be all the properties listed with brokerage firms participating in the Naples MLS BR Program, or contained in the database compilation of Naples MLS.
