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2741 PARMA STREET Sarasota, FL $ 1,200,000
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$ 1,200,000 Get more info
2741 PARMA STREET
$ 1,200,000
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Recently Listed Adult Community
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2741 PARMA STREET

Sarasota, FL, 34231
$ 1,200,000
Bedrooms5 Baths5.0 Sq 3,589

Monthly Estimate*

$ 7,577

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View a Virtual Tour

Apartment for sale in Sarasota, FL

for $1,200,000 with 5 bedrooms and 5 full baths. This 3,589 square foot apartment was built in 1954 on a lot size of 0.35.

**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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Apartment Active

Price

$ 1,200,000

Bedrooms

5

Full Bath

5

Property Type

Apartment

Taxes

$ 9,263

Style

1/2 Duplex

Lot Size

0.35

Year Built

1954

Town/City

Sarasota

County/Region

Sarasota

MLS | Web ID

A4701229
Features
General
Sewer Public Sewer
Heating Central Other
Cooling Central Air
Utilities BB/HS Internet Available Cable Available Electricity Available Fiber Optics Fire Hydrant Phone Available Public Sewer Available Underground Utilities Water Available
Roof Shingle
Appliances Dryer Electric Water Heater Range Washer
Zoning RMF2
HOA Fee 0
Security Features Closed Circuit Camera(s) Smoke Detector(s)
Construction Materials Wood Frame
Pets Allowed Cats OK Dogs OK
Year Built 1954
Levels Three Or More
Property Subtype 1/2 Duplex
Tax Year 2025
Ownership Fee Simple
Community Features None
Accessibility Accessible Doors Accessible Entrance
County Sarasota
New Construction false
Property Type Residential
Subdivision Name SARASOTA-VENICE CO RIVER SUB
Facing Direction South
Garage Y/N false
Total Rooms 12
Full Baths 5
Status Active
Directions From I-75 Take Exit 205 toward Clark Road (FL-72). Head west on Clark Road for approximately 4.5 miles. Turn right onto Swift Road. Continue about 0.6 miles. Turn left onto Parma Street. Continue a short distance to 2741 Parma St Sarasota FL 34231 which will be on your left.
High School Riverview High
City SARASOTA
Senior Community Y/N true
MLS Area 34231 - Sarasota/Gulf Gate Branch
Lot Size Units Square Feet
Lot Size Square Feet 15204
Carport Y/N false
Listing Terms Cash Conventional FHA USDA Loan VA Loan
Elementary School Phillippi Shores Elementary
Property Attached Y/N true
Land Lease Y/N false
Tax Annual Amount 9263.94
Home Warranty Y/N false
Middle/Junior High School Brookside Middle
Property Condition Completed
Additional Parcels Y/N false
Lease Considered Y/N true
Virtual Tour https://www.propertypanorama.com/instaview/stellar/A4701229
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
Occupancy Type Tenant
Tax Lot 12
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
Minimum Lease 1 Month
Water Access Y/N false
Water View Y/N false
Flood Zone Code X
In Law Suite YN false
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Interior
Interior Amenities Ceiling Fan(s) L Dining
Flooring Ceramic Tile Laminate Other Hardwood
Furnished Y/N Unfurnished
Total Stories 1
Air Conditioning Y/N true
Heating Y/N true
Window Features Insulated Windows Storm Window(s)
Fireplace Y/N false
Half Baths 0
Laundry Features Common Area Laundry Room
Total Bedrooms 5
Total Baths 5
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Exterior
Exterior Amenities Courtyard
Water Source Well
Lot Size Area 15204
Foundation Details Slab
Spa false
Building Area Total 3589
Lot Size Acres 0.35
Road Surface Type Asphalt Paved
Private Pool false
Waterfront Y/N false
Number of Lots 1
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* Excluded Features
List By
Kw Suncoast

Broker

jon.Sullivan@kw.com

Email

Affordability Calculator

$8,349
Per Month
91%
9%
0%
Monthly Principal & Interest
$7,577
Monthly Property Taxes
$772
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
0 Elementary School
0 Middle School
Riverview High High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
7/31/2026$1,200,000 Listed Price

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2741 PARMA STREET, Sarasota, FL, 34231 is a Apartment for sale at $1,200,000 with 3,589 sqft and a lot size of 0.35. 2741 PARMA STREET has 5 bedrooms, 5.0 baths, and was built in 1954. The property's zip code is 34231 which is in Sarasota, FL

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