Back 505 S Osprey Ave
Off Market

505 S Osprey Ave

Sarasota FL 34236

4
5
2
3680 sq. ft.
5887 sq. ft.
Single-Family
Last sold for $2,400,000
Cole CollinsCole Collins, last sold this property on 24 June 2024 after 1396 days on market.

Overview

Welcome to 505 South Osprey Avenue, a stunning property located in the picturesque and historic neighborhood of Laurel Park, right in the heart of Downtown Sarasota. This exceptional residence offers a unique lifestyle, reminiscent of a private compound within the city's core. Featuring a main house, guest house, two-car garage, and an enchanting outdoor entertainment space, this property promises a truly unparalleled living experience. As you enter the main house, you will be captivated by the open floor plan that highlights a chef's kitchen equipped with top-of-the-line appliances, including a Thermador wine cooler and Bosch coffee machine. The kitchen flows seamlessly into the great room, which is adorned with wood plank ceilings and a 42-inch linear gas fireplace, creating a warm and inviting atmosphere. Adjacent to the kitchen and great room is a separate dining room with a coffered ceiling and floor-to-ceiling windows, providing a beautiful setting for entertaining guests with an abundance of natural light. One of the home's most distinguished features is the rare inclusion of a FIRST-FLOOR primary bedroom and bathroom, offering convenience and sophistication. This primary suite boasts soaring ceilings, a spacious walk-in closet, and luxurious spa-like bath amenities, offering a tranquil retreat for relaxation. Upstairs, a private bonus/media room provides ample space for leisure activities, while two additional bedrooms with en-suite baths ensure comfort and privacy for family or guests. Adding to the charm of this residence is the fourth bedroom, located above the garage in the in-law suite. This suite offers a Uline beverage center, private bath, and a delightful balcony, exuding comfort and hospitality. The indoor/outdoor living experience of this home is exceptional. The great room features sliders that open to the covered lanai, where electronic floor-to-ceiling screens allow for a seamless integration of indoor and outdoor spaces. The natural-toned travertine deck leads to a refreshing pool and a heated spa, perfect for daytime relaxation or evening enjoyment. The outdoor summer kitchen, fully equipped for culinary adventures, invites cooking and dining under the sun or stars. Discover why 505 South Osprey Avenue is one of the most unique and desirable homes in one of Florida's finest locations, Downtown Sarasota. This property is not just a home, but a lifestyle waiting to be experienced.

Features

4 bedrooms
5 bathrooms
2 carspaces
2 garage spaces
3680 sq. ft. floor area
5887 sq. ft. lot size
Single-Family

Estimated Value

Based on this property and similar 4 bedroom single-family properties sold in Sarasota over the last 12 months, the estimated median property value of 505 S Osprey Ave is $3.5m.

Median value
$3.5m
Estimated value range
$510k - $8.83m
Median days on market
113
Estimated value trend
41%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Sarasota. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 505 S Osprey Ave

2024
Sold
$2,400,000
24 Jun 2024 by Cole Collins, of COLDWELL BANKER REALTY
2021
Sold
$1,750,000
21 Jun 2021 by Peter Laughlin, of PREMIER SOTHEBYS INTL REALTY
2017
Sold
$1,200,000
09 May 2017

Happy sellers in Sarasota

90%
90% of sellers in Sarasota reported that their sale price either exceeded or met their price expectations.

Sarasota stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 11 reviews in Sarasota over the last 12 months.

Local market activity for 4 bedroom single-family properties in Sarasota

In the last 12 months, 31 four-bedroom single-family properties similar to 505 S Osprey Ave, have been sold.

This represents a 19% decrease in four-bedroom single-family properties sales when compared to the previous 12 months.

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