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2741 PARMA STREET

Multi-family For Sale
$1,200,000

BTC: 15.68627451

ETH: 500.00000000

14 days
5 bds
3,589 sqft

Overview

**Rare Sarasota 4-Plex – No Flooding, Prime Location & Exceptional Investment Opportunity!** Don't miss this rare opportunity to acquire a well-located **4-unit multifamily property** in one of Sarasota's most desirable rental markets. A standout feature of this property is that **it has experienced no flooding**, providing added confidence for investors focused on long-term ownership. Ideally located just minutes from Siesta Key Beach, Gulf Gate, Downtown Sarasota, shopping, dining, hospitals, and major employers, this asset offers immediate rental income with excellent potential for future appreciation and rental growth. Whether you're adding to your portfolio, completing a 1031 exchange, or seeking a high-demand multifamily asset, this property offers the location and stability investors are looking for. With limited multifamily inventory available in Sarasota, opportunities like this are becoming increasingly scarce. **Schedule your private showing today—properties with this combination of location, income potential, and no flooding don't stay on the market for long.**

Location

Florida • SARASOTA • 34231 • Multi-family • For Sale

Details

Type:
Residential Income
Parking:
No Data
Year Built:
1954
Lot:
0.35 Acres
Heating:
Central / Other
Price/sqft:
$334
Cooling:
Central Air
HOA:
No Data

Highlights

Annual tax
$9,263
2025
Pets
Allowed
All facts and features

  • Flooring

    • Ceramic Tile

    • Laminate

    • Other

    • Hardwood

    Heating

    • Central

    • Other

    Cooling

    • Central Air

    Appliances

    • Dryer

    • Electric Water Heater

    • Range

    • Washer

    Other interior features

    • Ceiling Fan(s)

    • L Dining

    Bedrooms and bathrooms

    • Bedrooms: 5

  • Property

    • Levels: Three Or More

    • Exterior Features: Courtyard

    Lot

    • Lot: 0.35 Acres

    Other Property Information

    • Parcel Number: 0085090047

    • Zoning: RMF2

  • Type and style

    • Property Type: Residential Income

    • Property Sub Type: Quadruplex

  • Utility

    • BB/HS Internet Available

    • Cable Available

    • Electricity Available

    • Fiber Optics

    • Fire Hydrant

    • Phone Available

    • Public

    • Sewer Available

    • Underground Utilities

    • Water Available

  • Other financial information

    • Annual tax amount: $9,264

  • Source details

    • MLS ID: A4702315

    Other facts

    • Construction Materials: Wood Frame

    • Foundation Details: Slab

    • Laundry Features: Common Area / Laundry Room

    • Window Features: Insulated Windows / Storm Window(s)

    • Living Area: 3589

    • Water Source: Well

    • Subdivision Name: SARASOTA-VENICE CO RIVER SUB

Private inquiry
Talk to the advisor on this listing.
Floor plans, HOA docs, off-market comparables, scheduling a private showing — one message, direct to the local specialist.

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Market around this address

Live counts in the same area.
View all
This zip
34231
291
median $439K
Active
Same city
SARASOTA
2,666
median $575K
Active
Same type
Multi-family
44
median $689K
Active
Similar price
$840K – $1.6M
404
median $1.1M
Active

The multiple listing information is provided by the Stellar MLS from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Stellar MLS. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: KW SUNCOAST