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$795,000
$715/sqft20% reduced
HOA: NoneTaxes: $7,726/yr310d on market

Towles

1950 ADAMS LN, SARASOTA, FL, 34236

View all homes for sale in Towles
1 Beds|1 Baths|1,112 Sq Ft|Built 1925
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💡 Price recently reduced — this could be a great opportunity to negotiate.

C2C

Coast 2 Coast Home Realty

Licensed Florida Realtors

4.9· 214 reviews

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Buyer Insights

This is one of the strongest opportunities we're seeing right now.

Why this home stands out

  • Price reduced 20% ($200,000 off original)
  • 310+ days on market — seller may be motivated
  • Updated today

Buyer Insights are informational only — always verify with your agent.

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!

Subdivision
TOWLES
County
Sarasota
Zip Code
34236
Community
Towles Sub

Neighborhood

Map unavailable

Type
Single Family Residence
Living Area
1,112 sqft
Construction
Frame
Roof
Metal
Flooring
Wood
Pool
No
HOA
None
  • Other
  • Garden
  • Lighting
  • Other
  • None
  • Cable Available
  • Electricity Connected
  • Natural Gas Available
  • Water Connected
Bedrooms
1
Bathrooms
1
Year Built
1925
Construction
Frame
Flooring
Wood
Roof
Metal
Garage Spaces
0
Cooling
Central Air
Heating
Central
Waterfront
No
Pet Restrictions
Lot Size
0.11 acres
Senior Community
No
Building Elevator
Pet Size
# of Pets
Max Pet Weight
Tax Year
2024
Annual Tax Amount
$7,726
No HOA fees on this listing.
Down Payment20% — $159,000
Interest Rate6.50%
Loan Term
Est. Mortgage
$4,020
HOA Fee
$0
Est. Property Tax
$644
Est. Insurance
$265
Total Est. Monthly Cost$4,929

* Estimates are for illustration purposes only and do not constitute an offer of financial advice. Actual rates, payments, insurance, and taxes will vary based on credit, location, and other factors. Contact a licensed mortgage professional for a personalized quote. Homeowners insurance estimate based on Florida averages.

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