For sale

$795,000

1950 ADAMS LANE, SARASOTA, FL 34236

1beds

1,112sqft

$5,057/mo

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Single Family Residence

Built in 1925

5,000 Square Feet Lot

$-- Zestimate^®

$715/sqft

$-- HOA

What's special

Historic detailsResidential useMetal roofFlexible layoutsZero side setbacks

Prime investment and redevelopment opportunity in Sarasota’s sought-after Towles Court Arts District! This mixed-use property offers approx. 750 sq. ft. of commercial/gallery or studio space plus 363 sq. ft. of residential use, making it ideal for live/work tenants, creative professionals, or small businesses. Historic details and metal roof—blend with flexible layouts to attract both renters and end users. With zero side setbacks and DTE (Downtown Edge) zoning, the property offers significant redevelopment upside. Surrounded by other commercial and residential parcels, 1950 Adams Lane also presents excellent assemblage potential for investors or developers looking to create a larger mixed-use or residential project. Located just steps from downtown Sarasota’s restaurants, shops, galleries, and cultural amenities, this property combines immediate income potential with long-term growth. A rare chance to secure a prime footprint in one of Sarasota’s most dynamic districts!

355 days
205
7

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 1
Bathrooms: 1
Full bathrooms: 1

Primary bedroom

Features: No Closet
Level: First
Area: 100 Square Feet
Dimensions: 10x10

Great room

Features: No Closet
Level: First
Area: 1144 Square Feet
Dimensions: 44x26

Kitchen

Features: No Closet
Level: First
Area: 50 Square Feet
Dimensions: 5x10

Heating

Central

Cooling

Central Air

Appliances

Included: Other
Laundry: None

Features

Other
Flooring: Hardwood
Has fireplace: No
Fireplace features: Wood Burning

Interior area

Total structure area: 1,802
Total interior livable area: 1,112 sqft

Video & virtual tour

Property

Features

Levels: One
Stories: 1
Exterior features: Garden, Irrigation System, Lighting

Lot

Size: 5,000 Square Feet

Details

Parcel number: 2027080073
Zoning: DTE
Special conditions: None

Construction

Type & style

Home type: SingleFamily
Property subtype: Single Family Residence

Materials

Wood Frame
Foundation: Crawlspace
Roof: Metal

Condition

New construction: No
Year built: 1925

Utilities & green energy

Sewer: Public Sewer
Water: Public
Utilities for property: Cable Available, Electricity Connected, Natural Gas Available, Water Connected

Community & HOA

Community

Pet fee: $0 monthly
Subdivision: TOWLES

HOA

Has HOA: No

Location

Region: Sarasota

Financial & listing details

Price per square foot: $715/sqft
Tax assessed value: $617,900
Annual tax amount: $7,726
Date on market: 9/11/2025
Cumulative days on market: 331 days
Ownership: Fee Simple
Total actual rent: 0
Electric utility on property: Yes
Road surface type: Paved

Estimated market value

Not available

Estimated sales range

Not available

$2,495/mo

Price history

Date	Event	Price
7/17/2026	Price change	$795,000-20.1%$715/sqft
Source: Stellar MLS #A4664827 Report a problem
9/11/2025	Listed for sale	$995,000+341%$895/sqft
Source: Stellar MLS #A4664827 Report a problem
3/27/2012	Sold	$225,600-51.5%$203/sqft
Source: Public Record Report a problem
6/29/2007	Sold	$465,000-22.5%$418/sqft
Source: Public Record Report a problem
6/14/2006	Sold	$600,000+9.1%$540/sqft
Source: Public Record Report a problem
2/15/2005	Sold	$550,000+514.5%$495/sqft
Source: Public Record Report a problem
7/10/1996	Sold	$89,500$80/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$8,124 +5.1%	$468,219 +10%
2024	$7,726 +12%	$425,654 +10%
2023	$6,898 -7.2%	$386,958 +10%
2022	$7,430 +41.6%	$351,780 +10%
2021	$5,249 +1%	$319,800 +5%
2020	$5,195 +11%	$304,480 +10%
2019	$4,679	$276,800 +0.3%
2018	$4,679 +0.9%	$275,900 +11.9%
2017	$4,635 +27.6%	$246,598 -6%
2016	$3,632	$262,200 +28.7%
2015	$3,632 +3.3%	$203,800 +4.4%
2014	$3,514	$195,300