To schedule a showing of 1516 Oak Street, Sarasota, Florida, Call David Shippey at 863-521-4517 TODAY!

$1,775,000 Reduced -$100,000
1516 Oak Street
Sarasota, FL 34236
  • 5Beds
  • 5.00Total Baths
  • 5 Full, 0 HalfBaths
  • 2,416SqFt
  • 1969Year Built
  • 0.15Acres
  • MLS# A4680208
  • Residential
  • SingleFamilyResidence
  • Active

  • Approx Time on Market3 months, 29 days
  • Area34236 - Sarasota
  • CountySarasota
  • Subdivision Grosvenor Park Sub

Overview

In the heart of desirable Burns Court in Sarasota, stands a captivating European-inspired Florida home. This DUPLEX offers a two bedroom, two bath residence downstairs and a three bedroom, three bath upstairs. 1516 Oak Street offers the unique advantage of downtown walkability coupled with the privacy of a fully fenced, meticulously landscaped yard adorned with native plants. This residence provides an ideal alternative to condominium living, granting residents exclusive private outdoor space for themselves and their pets without the financial burden of monthly condominium fees.Indulge in the sun on the expansive upstairs balcony or unwind on the shaded patio. Prepare delectable charcuterie boards in the well-appointed kitchen, perfect for hosting happy hour gatherings, dinner parties, garden parties, or brunches. Each restful bedroom is equipped with an ensuite bathroom, ensuring privacy and convenience.Situated conveniently near the Saturday Farmers Market, a variety of local restaurants, and the Sarasota Bayfront, this exceptional property offers unparalleled potential. Currently arranged as a fully furnished duplex, it also presents remarkable versatility as a family compound, an income-generating investment, or a potential conversion into a spacious single-family home.The owner has invested significantly in high-quality upgrades to ensure the homes move-in readiness, including:- A new metal roof installed in 2022- A replaced sewer line and relined pipes in 2023- New windows, updated electrical systems, and a new air conditioning unit completed in 2025- A well for irrigation to maintain the lush landscaping- Natural gas connection- Off street parking for 4 cars and a storage shed- Completely fenced yard and landscape lighting. Furthermore, due to the propertys DTE zoning, there is potential to add another structure on the site, expanding the possibilities for future development. Selling turnkey furnished and ready to rent if desired.Experience a remarkable lifestyle in Burns Court. Schedule a private tour today.



Agriculture / Farm

Association Fees / Info

Bathroom Info

Total Baths:  5.00

Fullbaths:  5

Building Info

Roof:  Metal

Building Area Source:  PublicRecords

Buyer Compensation

Exterior Features

Patio:  Patio, Balcony

Exterior Features:  Balcony, Garden, SprinklerIrrigation, Lighting, OutdoorGrill, PrivateEntrance, PrivateYard, RainGutters, Storage

Fees / Restrictions

Financial

Original Price:  $1,950,000

Fencing:  Fenced, Wood

Garage / Parking

Parking Features:  OffStreet

Green / Env Info

Interior Features

Floors:  Parquet, Terrazzo, Tile

Levels:  Two

Laundry Features:  CommonArea, LaundryRoom

Interior Features:  CeilingFans, SplitBedrooms

Appliances:  BuiltInOven, Cooktop, Dryer, Dishwasher, ExhaustFan, Microwave, Range, Refrigerator, Washer

Lot Info

Direction Remarks:  From 41 Turn north on Orange Ave toward Downtown. Turn left on to Pineapple Ave and then left onto Oak St. 1516 Is on the left. If you cant find parking turn left on Palm and Left on Elder and park behind the home in the driveway. Enter through the back gate.

Lot Size Units:  Acres

Lot Size Acres:  0.15

Lot Sqft:  6,500

Vegetation:  Oak, PartiallyWooded

Lot Desc:  Landscaped

Misc

Other

Other Structures:  Sheds

Special Conditions:  None

Other Rooms Info

Property Info

Section:  19

Class Type:  SingleFamilyResidence

Property Sub Type:  SingleFamilyResidence

Construction Materials:  Block

Stories:  2

Total Stories:  2

Foundation:  Slab

Human Modified:  Yes

Room Info

Total Rooms:  9

Sqft Info

Sqft:  2,416

Bulding Area Sqft:  3,168

Living Area Units:  SquareFeet

Living Area Source:  PublicRecords

Tax Info

Tax Year:  2,025

Tax Lot:  6

Tax Legal Description:  LOT 6 BLK C GROSVENOR PARK

Tax Block:  C

Tax Annual Amount:  5324.94

Tax Book Number:  A-61

Unit Info

Utilities / Hvac

Heating:  Central

Water Source:  Public, Well

Sewer:  PublicSewer

Cool System:  CentralAir, CeilingFans

Cooling:  Yes

Heating:  Yes

Utilities:  ElectricityConnected, NaturalGasConnected, HighSpeedInternetAvailable, MunicipalUtilities

Waterfront / Water

Schools

Elem:  Southside Elementary

Middle:  Booker Middle

High:  Sarasota High

Directions

From 41 Turn north on Orange Ave toward Downtown. Turn left on to Pineapple Ave and then left onto Oak St. 1516 Is on the left. If you cant find parking turn left on Palm and Left on Elder and park behind the home in the driveway. Enter through the back gate.

This listing courtesy of Bluesrq Real Estate Inc 

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Price & Status History (on davidshippey.com since Fri, Feb 6th 2026)
  • Original Price: $1,950,000
  • Current Price: $1,775,000
  • Price Reduced: $175,000
Date ChangedFromTo
03/27/2026$1,875,000 $1,775,000 Reduced by $100,000
03/14/2026$1,950,000 $1,875,000 Reduced by $75,000

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If you have any questions on 1516 Oak Street, Sarasota, Florida, please call David Shippey at 863-521-4517.


MLS# A4680208 located at 1516 Oak Street, Sarasota, Florida is brought to you by David Shippey REALTOR®

1516 Oak Street, Sarasota, Florida has 5 Beds, 5 Full Bath, and 0 Half Bath.
The MLS Number for 1516 Oak Street, Sarasota, Florida is A4680208.
The price for 1516 Oak Street, Sarasota, Florida is $1,775,000.
The status of 1516 Oak Street, Sarasota, Florida is Active.
The subdivision of 1516 Oak Street, Sarasota, Florida is Grosvenor Park Sub.
The home located at 1516 Oak Street, Sarasota, Florida was built in 2026.