2741 PARMA STREET
SARASOTA, FL, 34231
$1,200,000
5 Beds
5 Baths
3,589 SqFt
0.35 Acres
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MLS #A4702315 image #0
**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.**

Property Details

Price:
$1,200,000
MLS #:
A4702315
Status:
Active
Beds:
5
Baths:
5
Type:
Multi Family
Subtype:
Quadruplex
Subdivision:
SARASOTA-VENICE CO RIVER SUB
Neighborhood:
34231sarasotagulfgatebranch
Listed Date:
Aug 6, 2026
Finished Sq Ft:
3,589
Total Sq Ft:
3,589
Lot Size:
15,204 sqft / 0.35 acres (approx)
Year Built:
1954
Community 55 Plus34231 – Sarasota/gulf Gate Branch34231sarasotagulfgatebranchSarasota-venice Co River SubPhillippi Shores ElementaryBrookside MiddleRiverview HighNone1 Month

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Schools

Elementary School:
Phillippi Shores Elementary
Middle School:
Brookside Middle
High School:
Riverview High

Interior

Appliances
Dryer, Electric Water Heater, Range, Washer
Cooling
Central Air
Flooring
Ceramic Tile, Laminate, Other, Hardwood
Heating
Central, Other
Interior Features
Ceiling Fan(s), L Dining
Laundry Features
Common Area, Laundry Room
Levels
Three Or More

Exterior

Accessibility Features
Accessible Doors, Accessible Entrance
Community
55+
Community Features
None
Construction Materials
Wood Frame
Exterior Features
Courtyard
Roof
Shingle
Security Features
Closed Circuit Camera(s), Smoke Detector(s)
Senior Community YN
1
Window Features
Insulated Windows, Storm Window(s)

Financial

Tax Year
2025
Taxes
$9,264

Map

Community

Market Summary

Current real estate data for Multi Family in SARASOTA as of Aug 29, 2026
53
Multi Family Listed
115
Avg DOM
535
Avg $ / SqFt
$1,036,370
Avg List Price

Property Summary

    Located in the SARASOTA-VENICE CO RIVER SUB subdivision, 2741 PARMA STREET SARASOTA FL is a Multi Family for sale in SARASOTA, FL, 34231. It is listed for $1,200,000 To schedule a showing of MLS#a4702315 at 2741 PARMA STREET in SARASOTA, FL, contact your InvestPro Properties, Inc. agent at 561-203-7022.

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2741 PARMA STREET
SARASOTA, FL