127 days on market$749,000
2437 Floyd StreetSarasota, FL, 34239
- 2 beds
- 2 baths
- 1,119 sqft
1 / 18
1950 Adams LaneSarasota, FL, 34236
1beds
1baths
1,112sqft
Single Family Residence
Built in 1925
$795,000
For sale
$995,000−$200,000 (20%)Reduced Jul 17, 2026
- Price per sqft
- $715
- Days on market
- 406
- Listed
- Sep 11, 2025
MLS #A4664827Updated Sep 14, 2026
About this property
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!
Top Villas Intelligence
Projected rental revenue and ownership costsSign in to view rental intelligenceSee projected rental revenue, ownership costs, operating yield, and supporting evidence.
Interested in this property?
Speak to GabyProperty Specialist, SerhantGaby can arrange a viewing, answer your questions and prepare a personalized rental projection.
No pressure. Your details stay private.
Property details
- Property type
- Single Family Residence
- Street address
- 1950 Adams Lane
- City
- Sarasota
- State
- FL
- ZIP code
- 34236
- Year built
- 1925
- New construction
- No
- Faces
- North
- Rooms
- 3
- Living area
- 1,112 sqft
- Total building area
- 1,802 sqft
- Levels
- One
The data relating to real estate displayed on this website comes in part from the Internet Data Exchange (IDX) Program of Stellar MLS. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; the availability of any listing should always be independently verified. Listing information is provided 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.Stellar (MFR) data last updated at October 20, 2026 at 8:01 AM EDTPrice & sale history
Asking price reduced by $200,000 (20.1%) since first listed.
| Date | Event | Price | Change from previous recorded asking price |
|---|---|---|---|
| Price reducedMLS #A4664827 | $795,000Change: −20.1%−$200,000 | −20.1%−$200,000 | |
| Listed for saleMLS #A4664827 | $995,000 | Not applicable |
History may be incomplete.
Location
Learn more about this propertyGet in touch for more information
