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3509 NORWOOD COURT

Multi-family Active With Contract
$799,900

BTC: 9.62112100

ETH: 301.84905660

16 days
8 bds
1,792 sqft

Overview

Under contract-accepting backup offers. Rare investment opportunity in Sarasota's highly sought-after Indian Beach neighborhood for under $800K! This vintage mid-century 4-plex features durable concrete block construction, thoughtfully designed as two facing duplexes surrounding a private, complex-only pool. Each of the 4 units offers 2 bedrooms, 1 bathroom, its own dedicated carport, and an individual laundry room for maximum tenant convenience. The back two units highlight recent remodeling upgrades and new appliances. With 2 units currently rented below market value, & 2 still vacant, this property offers immediate upside potential and increased cash flow for investors. Unbeatable location just minutes from Ringling College, Downtown Sarasota, US-41, and local beaches. Don't miss this high-demand, low-turnover income generator!

Location

Florida • SARASOTA • 34234 • Multi-family • Active With Contract

Details

Type:
Residential Income
Parking:
Covered / Ground Level
Year Built:
1960
Lot:
0.28 Acres
Heating:
Central / Electric
Price/sqft:
$446
Cooling:
Central Air
HOA:
No Data

Highlights

Annual tax
$5,504
2025
Pool
In Ground
All facts and features

  • Heating

    • Central

    • Electric

    Cooling

    • Central Air

    Appliances

    • Dishwasher

    • Range

    • Refrigerator

    Other interior features

    • Ceiling Fan(s)

    Bedrooms and bathrooms

    • Bedrooms: 8

  • Parking

    • Covered

    • Ground Level

    Property

    • Levels: One

    • Pool Private: Yes

    • Exterior Features: Courtyard

    Lot

    • Lot: 0.28 Acres

    Other Property Information

    • Parcel Number: 2005020060

    • Zoning: RMF4

  • Type and style

    • Property Type: Residential Income

    • Property Sub Type: Quadruplex

  • Utility

    • Cable Available

    • Electricity Connected

    • Public

    • Sewer Connected

    • Water Connected

  • Other financial information

    • Annual tax amount: $5,504

  • Source details

    • MLS ID: A4701502

    Other facts

    • Construction Materials: Block

    • Foundation Details: Slab

    • Laundry Features: Inside / Laundry Room

    • Pool Features: In Ground

    • Living Area: 1792

    • Water Source: Public

    • Subdivision Name: DESOTO TERRACE

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
34234
81
median $389K
Active
Same city
SARASOTA
1,497
median $549K
Active
Same type
Multi-family
18
median $600K
Active
Similar price
$559K – $1.0M
369
median $725K
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: MICHAEL SAUNDERS & COMPANY