420 KUMQUAT COURT, SARASOTA, FL 34236

Description of 420 KUMQUAT COURT, SARASOTA, FL 34236

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.

Property Details for 420 KUMQUAT COURT, SARASOTA, FL 34236

Interior Features

Split Bedroom, Vaulted Ceiling(s), Walk-In Closet(s), Window Treatments

Appliances

Dishwasher, Electric Water Heater, Freezer, Microwave, Range, Refrigerator

Flooring

Carpet, Laminate, Tile

Heating

Electric

Cooling

Wall/Window Unit(s)

Furnished

Unfurnished

Parking Features

Driveway, Ground Level, Open

Pool Features

Screen Enclosure

Pool Private

No

Property Condition

Completed

Building Information for 420 KUMQUAT COURT, SARASOTA, FL 34236

Building Area Total

2208

Building Area Units

Square Feet

Association

No

Association Fee

0

Pets Allowed

Cats OK, Dogs OK

Security Features

Smoke Detector(s)

Property Information for 420 KUMQUAT COURT, SARASOTA, FL 34236

Lot Features

Historic District, City Lot

Lot Size Square Feet

5,900

Waterfront

No

View

Trees/Woods

Construction Materials

Stucco

Roof

Shingle

Exterior Features

Lighting

Sewer

Public Sewer

Water Source

Public

New Construction

No

Public Records for 420 KUMQUAT COURT, SARASOTA, FL 34236

Parcel Number

2026110096

Tax Annual Amount

$7,860

Tax Year

2025

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

Zoning

DTE

County Or Parish

Sarasota

Schools Near 420 KUMQUAT COURT, SARASOTA, FL 34236

Elementary School

Alta Vista Elementary

Middle School

Booker Middle

High School

Booker High

School assignments are provided by the listing and should be independently verified.

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