1950 Adams Ln, Sarasota, FL, 34236
About This Home
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!
Getting Around
Very Walkable
Some Transit
Very BikeableSchools
Construction
Condition
- Year built: 1925
Materials
- Foundation: Crawlspace
- Roof: Metal
- Construction materials: Wood Frame
Type & Style
- Home type: SingleFamily
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: Other
- Laundry features: None
Bedrooms & Bathrooms
- Bedrooms: 1
- Bathrooms: 1
- Full bathrooms: 1
Features
- Other
- Flooring: Hardwood
- Fireplace features: Wood Burning
Great Room
- Features: No Closet
- Level: First
- Area: 1144
- Dimensions: 44x26
Heating & Cooling
- Heating features: Central
- Cooling features: Central Air
Interior Area
- Total structure area: 1,802
- Total interior livable area: 1,112 sqft
Kitchen
- Features: No Closet
- Level: First
- Area: 50
- Dimensions: 5x10
Primary Bedroom
- Features: No Closet
- Level: First
- Area: 100
- Dimensions: 10x10
Property
Details
- Parcel number: 2027080073
- Zoning: DTE
- Special condition: None
Features
- Levels: One
- Stories: 1
- Exterior features: Garden,Irrigation System,Lighting
Lot
- Lot size: 5,000 sqft
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Hurricane
- Lightning
- Inland Flooding
- Tornado
- Tsunami
How This Home’s Risks Compare
FEMA Declared Disasters in Sarasota County and Florida
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $4,019 | $48,228 |
| Home Insurance * | $544 | $6,528 |
| Property Taxes | $1,145 | $13,740 |
| Electricity | $197 | $2,366 |
| Total | $5,905 | $70,860 |
Income You'd Need if You Spent...
Florida FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
No zestimate history available
Price History
| Date | Event | Price |
|---|---|---|
| 2025-09-11 | Listed for sale | $995,000 |
| 2012-03-27 | Sold | $225,600 |
| 2007-06-29 | Sold | $465,000 |
| 2006-06-14 | Sold | $600,000 |
| 2005-02-15 | Sold | $550,000 |
| 1996-07-10 | Sold | $89,500 |
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