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Overview

1 bd1 ba1,112 sqftSingle Family
TypeSingle Family
HOANone listed
Built1925
Lot5,000 sqft
Living area1,112 sqft
Price / sqft$715

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About this home

GardenLighting

1950 Adams Ln is a 1925-built home in Towles, Sarasota. Inside you'll find 1 bedrooms, 1 bathrooms, and 1,112 square feet of living space. Listed at $795,000 (about $715/sqft), 398 days on market. Flood zone X - outside the FEMA high-risk areas, which keeps insurance manageable.

From the listing

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!

The essentials

Built
1925
Price / sqft
$715
On market
398 days
Annual tax
$7,726
Flood zone
X · Low risk
Lot
5,000 sqft
Type
Single Family Residence

At a glance

Single family
Built 1925
5,000 sqft lot
Lot size
1,112 sqft
Living area

Payment

Est. monthly payment
$5,187/mo
Down payment (20%)
$159,000
Property taxes
$644/mo
Rate assumed
6.8% · 30 yr
View full breakdown

Details

Type
Single Family Residence
Year Built
1925
Lot
5,000 sqft
Cooling
Central Air
Heating
Central
Parking
-
Days on Market
398
Garden
Lighting
Flood Zone X
Annual Tax (2024)
$7,726
Parcel #
2027080073

Taxes reflect the most recent assessment in the MLS feed. Actual tax owed can vary, so confirm with the county property appraiser before closing.

Subdivision
Towles
County
Sarasota
MLS Area
34236 - Sarasota
Lot Size
5,000 sqft

Price history

Date
Event
Price
7/17/2026
Price change
Source: Stellar MLS #A4664827
$795,000-20.1%
$715/sqft
9/11/2025
Listed for sale
Source: Stellar MLS #A4664827
$995,000
$895/sqft

Neighborhood

1950 Adams Ln
Sarasota, FL, 34236 · 34236 - Sarasota

Market insights

Offer Insights

Choose an offer strength

List price: $795,000
$765,000 – $795,000
96% – 100% of listTops out right at the list price
80% of listList price
34 of the last 67 home closings in 34236 landed at this number or higher (51%). The median one sat 81 days before it went under contract, and this one is on day 398 after a $200,000 cut.

Sample: 67 closed home sales in 34236 over the last 8 months, Stellar MLS. A starting point, not a guarantee.

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Calculator

Est. monthly payment
$5,188/mo
Principal & interest$4,146
Property taxes$644
Insurance$398
Down payment20% · $159,000
Interest rate6.80%
Loan term

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Property taxes are this home's actual annual bill from the MLS, divided by twelve. Insurance estimated at 0.60%. Rate defaults to 6.8% on a 30-year fixed. Tap a pencil to use your own numbers. Estimates only, not a loan quote.

Quick answers.

Price

$795,000

$715 per sq ft

Beds and baths

1 beds, 1 baths

Size

1,112 sq ft

Time on market

398 days

Year built

1925

Monthly payment

About $5,187/mo

That is 20% down on a 30-year fixed at 6.8%, plus the home's $7,726 annual tax bill, insurance.

Flood zone

Zone X

That is outside the high-risk areas, so flood insurance is usually optional rather than required by a lender.

Offer

What should I offer?

Have another question?

Brokered bySVN COMMERCIAL ADVISORY GROUPListing agent: Larry StarrListing data from Stellar MLS, MLS# A4664827.

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