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#A4651820, Vincent Ricaud, Listing office: INVESTUS REALTY LLC
$739,000 List price
432 Adelia Ave Sarasota, FL 34236
4 beds
4 baths
2,063 sqft
0.1 acres
$358 / sqft
Multi-Family
Property details
About 432 Adelia Ave
Charming Fourplex in the Heart of Gillespie Park! This 4-unit property is bursting with character and income potential. Featuring a 2/1, two 1/1s, and a detached efficiency, all with great tenants on month-to-month leases who’d love to stay. Rents are strong and steady, with room to grow—especially if you incorporate the detached unit’s storage space as an extra bedroom (or possibly reconfigure it to a 2/1)! Rents are currently $1,850 2/1, $1,595 1/1, $1,445 1/1, and $1,295 efficiency. The roof is from 2019 (nice!). The Gillespie Park neighborhood is becoming one of Sarasota's most vibrant spots - just steps away from downtown restaurants and shops and the Rosemary District. Multimillion-dollar homes are beginning the line the streets and the area will continue to revitalize. Easy walking distance to the exciting new Sarasota Bay Park, currently under development. Your tenants don’t even need a car if they work downtown. This is the perfect opportunity to get into this neighborhood before it hits its peak! Zoned DTN, this lot has development flexibility with room for up to 12 units per acre. Whether you’re an investor looking to expand your portfolio or perhaps want a fabulous location for your next dream home, this property checks the boxes with a wink and a smile.
Highlights
Home typeQuadruplex
HeatingElectric, Ductless
StatusActive
CoolingWall/Window Unit(s)
Size2,063 sqft
Lot size0.11 Acres
Year built1932
MLS #A4651104
Summary
- Interior: Ceiling Fans(s)
- Total Bedroom Count: 4
- Private Pool: No
- Exterior: Other
- Heating: Electric, Ductless
- Cooling: Wall/Window Unit(s)
- List Price: $739,000
- Price/SqFt: $358
- HOA Amount: $0
- Annual Tax Amount: $5,778
- Tax Year: 2023
- Directions: US 41 South. Turn Left on Fruitville Rd. Turn Left on North Orange Ave. Turn Right on 4th St. Turn Left on Adelia Ave. Building is on the Right. On street parking.
- Year Built: 1932
- Living Area: 2,063 SqFt
- Lot Size: 0.11 Acres
- MLS Number: A4651104
- MLS Name: MFRMLS
- Office Name: COASTAL CONNECTION REALTY
- Office Phone: (941) 896-9991
- Listing Agent: Randy Buff
Listings courtesy of Stellar MLS as distributed by MLS GRID.
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Copyright 2025 My Florida Regional Multiple Listing Service DBA Stellar MLS. The real estate listing data marked with this icon comes from the IDX program of the Stellar MLS system. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided exclusively for consumers’ personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Properties displayed may be listed or sold by various participants in the MLS.
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Last updated on: 7/30/2025, 12:34:36 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| May 30, 2023 | Home Sold | $649,000 |
| Mar 07, 2022 | Home Sold | $300,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $373,400 | $5,778 |
| 2022 | $278,800 | $3,826 |
| 2021 | $222,000 | $3,826 |
| 2020 | $199,300 | $3,416 |
| 2019 | $154,532 | $2,850 |
| 2018 | $140,484 | $2,794 |
| 2017 | $155,500 | $2,478 |
History based on county public records data.
Nearby schools
4
Emma E. Booker Elementary School
Public District PK-5
1.5 mi
•2350 Dr Martin Luther King Way
4
Tuttle Elementary School
Public District PK-5
1.5 mi
•2863 8th St
5
Alta Vista Elementary School
Public District PK-5
1.5 mi
•1050 S Euclid Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $31,966. The most common annual income of people living in Sarasota, FL is less than $<35k. Residents typically live in single, no kids family. Typical level of education for residents in this area is high school diploma.
How much money do the neighbors make?
58%
<35k
37%
35k-100k
5%
100k-200k
0%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Doctorate
What types of families live nearby?
59%
Single, No Kids
18%
Single, with Kids
10%
Married, No Kids
13%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
17%
<11 yrs old
7%
12-17 yrs old
37%
18-34 yrs old
35%
35-64 yrs old
4%
65+ yrs old
What do the neighbors do for fun?
Pro Boxing
Minor League Baseball Games
Soccer
Where do the neighbors shop?
Burlington
New York & Company
Forever 21
Where do the neighbors go to eat?
Popeyes
Chick-fil-A
Dominos Pizza
What do the neighbors drive?
Dodge
Kia
Mazda
What do the neighbors listen to?
Urban Contemporary
Talk/Personality
Rhythmic Contemporary Hits
All data provided by Home Junction and Claritas
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Frequently asked questions
About 432 Adelia Ave
The listing price of 432 Adelia Ave property is $739,000.
The property 432 Adelia Ave is a multi located in Sarasota, Florida, 34236.
Active Listing: 432 Adelia Ave is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 432 Adelia Ave are: Emma E. Booker Elementary School (GreatSchools Rating 4/10), Tuttle Elementary School (GreatSchools Rating 4/10), Alta Vista Elementary School (GreatSchools Rating 5/10), Sarasota School of Arts/Sciences (GreatSchools Rating 8/10), Suncoast School for Innovative Studies (GreatSchools Rating 5/10), Booker Middle School (GreatSchools Rating 3/10), Sarasota Military Academy (GreatSchools Rating 5/10), Sarasota High School (GreatSchools Rating 4/10), Booker High School (GreatSchools Rating 3/10).
According to the records, the last property tax for 2023 is $5,778 (source: MLS/based on county public records data).
The last sale was on May 30, 2023 for $649,000 (source: MLS/tax record).
The property 432 Adelia Ave is 2,063 SqFt (source: MLS/tax record).
The year of construction for 432 Adelia Ave is 1932.
This home is located at 432 Adelia Ave in Sarasota, FL and zip code 34236 in the Gillespie Park neighborhood. This 2,063 square foot home, which was built in 1932, sits on a 0.11 acre lot. Features: 4 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since May 1, 2025 and is currently priced at $739,000.
In June 2025 more than 23 listings in Sarasota, FL were sold above the asking price. During the same period more than 51 listings were sold at asking price, while more than 364 were sold below. The number of homes for sale in Sarasota, FL decreased by 2% between May and June 2025. In June 2025 median list price was $495,118 and the average listing age was 72 days.
From Rocket Homes Real Estate and based on county public records data.