2741 Parma Street, Sarasota, FL 34231
- $1,200,000
- 5
- BD
- 5
- BA
- 3,589
- SqFt
- List Price
- $1,200,000
- Status
- Active
- Days on Market
- 1
- MLS#
- A4701229
- Property Style
- Half Duplex
- Year Built
- 1954
- Bedrooms
- 5
- Bathrooms
- 5
- Living Area
- 3,589
- Lot Size
- 15,204
- Acres
- 0.35
- Total Acreage
- 1/4 to less than 1/2
- Legal Subdivision Name
- Sarasota-Venice Co River Sub
- Community Name
- Ridgewood
- MLS Area Major
- Sarasota/Gulf Gate Branch
Property Description
**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.**
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Additional Information
- Taxes
- $9263
- Minimum Lease
- 1 Month
- Community Features
- None, No Deed Restriction
- Property Description
- Three+ Story, Attached
- Zoning
- RMF2
- Interior Layout
- Ceiling Fans(s), L Dining
- Interior Features
- Ceiling Fans(s), L Dining
- Floor
- Ceramic Tile, Laminate, Other, Wood
- Appliances
- Dryer, Electric Water Heater, Range, Washer
- Utilities
- BB/HS Internet Available, Cable Available, Electricity Available, Fiber Optics, Fire Hydrant, Phone Available, Public, Sewer Available, Underground Utilities, Water Available
- Heating
- Central, Other
- Air Conditioning
- Central Air
- Exterior Construction
- Frame
- Exterior Features
- Courtyard
- Roof
- Shingle
- Foundation
- Slab
- Pool
- No Pool
- Elementary School
- Phillippi Shores Elementary
- Middle School
- Brookside Middle
- High School
- Riverview High
- Housing for Older Persons
- Yes
- Pets
- Allowed
- Flood Zone Code
- X
- Parcel ID
- 0085090047
- Legal Description
- COM NE COR LOT 12 TH W 37 FT FOR POB TH W 116.95 FT TH S 130 FT TH E 116.95 FT TH N 130 FT TO POB BEING PART OF LOT 12 BLK 1 SARASOTA VENICE CO RIVER SUB
Listing courtesy of KW SUNCOAST. 941-792-2000
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