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!
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!
Property Details
Price:
$799,900
MLS #:
A4701502
Status:
Active Under Contract
Beds:
8
Baths:
4
Type:
Multi Family
Subtype:
Quadruplex
Subdivision:
DESOTO TERRACE
Neighborhood:
34234sarasota
Listed Date:
Aug 25, 2026
Finished Sq Ft:
1,792
Total Sq Ft:
2,600
Lot Size:
12,240 sqft / 0.28 acres (approx)
Year Built:
1960
Units:
4
See this Listing
Schools
Elementary School:
Emma E. Booker Elementary
Middle School:
Booker Middle
High School:
Booker High
Interior
Appliances
Dishwasher, Range, Refrigerator
Cooling
Central Air
Heating
Central, Electric
Interior Features
Ceiling Fan(s)
Laundry Features
Inside, Laundry Room
Levels
One
Exterior
Construction Materials
Block
Covered Spaces
4
Exterior Features
Courtyard
Parking Features
Covered, Ground Level
Roof
Other
Financial
Tax Year
2025
Taxes
$5,504
Map
Community
- Address3509 NORWOOD COURT SARASOTA FL
- SubdivisionDESOTO TERRACE
- CitySARASOTA
- CountySarasota
- Zip Code34234
Market Summary
Current real estate data for Multi Family in SARASOTA as of Oct 18, 2026
50
Multi Family Listed
124
Avg DOM
526
Avg $ / SqFt
$1,127,315
Avg List Price
Property Summary
- Located in the DESOTO TERRACE subdivision, 3509 NORWOOD COURT SARASOTA FL is a Multi Family for sale in SARASOTA, FL, 34234. It is listed for $799,900 To schedule a showing of MLS#a4701502 at 3509 NORWOOD COURT in SARASOTA, FL, contact your InvestPro Properties, Inc. agent at 561-203-7022.
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Courtesy of MICHAEL SAUNDERS & COMPANY. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the Orlando/Tampa – FL. Detailed information about real estate listings held by brokerage firms other than InvestPro Properties, Inc. include the name of the listing broker. Neither the listing company nor InvestPro Properties, Inc. shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2026. Orlando/Tampa – FL. All rights reserved. 3509 NORWOOD COURT
SARASOTA, FL