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$1,525,000

For Sale

20 days ago

420 Kumquat Ct, Sarasota, FL

House

MLS® A4689791

4 Bed

3 Bath

1824 sqft

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  • Key Facts
  • Description
  • Map

Key Facts

Type Triplex
Levels Residential Income
Size 1824 sqft
Garage 
Taxes $7,860
Days Active 19
Lot Size 
Approx. Age 1981
Avg. Price Per Sqft $836
MLS® Number A4689791

Property Address: 420 Kumquat Ct, Sarasota, FL, 34236

Average square foot calculated using Size range provided by listing agent.

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.
MLS® NumberA4689791
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1981
Basement
DrivewayDriveway, Ground Level, Open
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Apr 13, 2026List Date
$1,525,000List Price

Home Appraisal

This property is estimated to sell between: $910,000 and $1,833,000.
Similar properties in this area sold on average for: $910,500
Expected to sell in 85 days. Similar properties sold in 104 days. This home has been on eXp Realty for 19 days.

The estimated sale price does not take into account many variables such as recent renovations, type of appliances, school district etc. To get a more accurate estimate please contact agent.

  • Commute

Commute

Starting Address
Destination Address
420 Kumquat Ct, Sarasota, FL

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