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2741 Parma Street, Sarasota, FL

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$1,200,000

($334/sqft)

List Status: Active
2741 Parma Street
Sarasota, FL 34231


5 beds
5 baths
3589 living sqft
Top Features
  • Subdivision: Sarasota-venice Co River Sub
  • Built in  1954
  • Half Duplex
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.**
Property Details
Property Features
Property Sub Type
Half Duplex
County
Sarasota
Subdivision
SARASOTA-VENICE CO RIVER SUB
Additional Information
Accessibility Features
Accessible Doors, Accessible Entrance
Additional Parcels YN
false
Alternate Key Folio Num
0085090047
Appliances
Dryer, Electric Water Heater, Range, Washer
Association YN
false
Available For Lease YN
1
Bathrooms Total Integer
5
Building Area Source
Public Records
Building Area Total
3589
Building Area Total Srch SqM
333.43
Building Area Units
Square Feet
Calculated List Price By Calculated SqFt
334.35
Carport YN
false
Construction Materials
Frame
Cooling
Central Air
Country
US
Currency Monthly Rent Amount
1695.00
Current Price
1200000.00
Days Notice To Tenant If Not Renew
30 days
Direction Faces
South
Elementary School
Phillippi Shores Elementary
End Date of Lease
2027-06-30
Exist Lease Tenant YN
1
Exterior Features
Courtyard
Fireplace YN
false
Flood Zone Code
X
Flood Zone Date
2024-03-27
Flood Zone Panel
12115C0144G
Floor Number
1
Flooring
Ceramic Tile, Laminate, Other, Wood
Foundation Details
Slab
Furnished
Unfurnished
Garage YN
false
Heating
Central, Other
High School
Riverview High
Home Warranty YN
false
Interior Features
Ceiling Fans(s), L Dining
Internet Address Display YN
true
Internet Automated Valuation Display YN
true
Internet Consumer Comment YN
true
Internet Entire Listing Display YN
true
Laundry Features
Common Area, Laundry Room
Lease Restrictions YN
1
Levels
Three Or More
List AOR
Sarasota - Manatee
Living Area Meters
333.43
Living Area Source
Owner
Living Area Units
Square Feet
Lot Size Acres
0.35
Lot Size Square Feet
15204
Lot Size Square Meters
1412
Management
Full Time
Middle Or Junior School
Brookside Middle
Minimum Lease
1 Month
Modification Timestamp
2026-07-31T22:39:09.868Z
Month To Month Or Weekly YN
1
New Construction YN
false
Num Times per Year
12
Number Of Lots
1
Number Of Wells
1
Occupant Type
Tenant
Ownership
Fee Simple
Parcel Number
0085090047
Pets Allowed
Cats OK, Dogs OK
Pool Private YN
false
Postal Code Plus 4
5131
Property Attached YN
true
Property Condition
Completed
Property Description
Walk-Up
Public Survey Range
18E
Public Survey Section
08
RATIO Current Price By Calculated SqFt
334.35
Realtor Info
Confidentiality Letter Required, No Sign, See Attachments, Short Term Rental Allowed
Road Surface Type
Asphalt, Paved
Roof
Shingle
Room Count
12
SW Subdiv Community Name
Ridgewood
Security Features
Closed Circuit Camera(s), Smoke Detector(s)
Senior Community YN
true
Sewer
Public Sewer
Showing Requirements
Appointment Only, Call Listing Agent, Do Not Contact Tenants, No Lockbox, ShowingTime
Spa YN
false
Status Change Timestamp
2026-07-31T22:06:30.000Z
Stories Total
1
Tax Annual Amount
9263.94
Tax Block
1
Tax Book Number
A-12
Tax 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
Tax Lot
12
Tax Year
2025
Total Acreage
1/4 to less than 1/2
Total Annual Fees
0.00
Total Monthly Fees
0.00
Township
37S
Universal Property Id
US-12115-N-0085090047-R-N
Unparsed Address
2741 PARMA ST
Utilities
BB/HS Internet Available, Cable Available, Electricity Available, Fiber Optics, Fire Hydrant, Phone Available, Public, Sewer Available, Underground Utilities, Water Available
Water Source
Well
Waterfront YN
false
Window Features
Insulated Windows, Storm Window(s)
Zoning
RMF2
Zoning Compatible YN
1
Neighborhood Map
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MLS #MFRA4701229 Listing courtesy of Kw Suncoast provided by Stellar MLS.



All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independent verified. Listing information is provided for consumer personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. The source of the listing data is as follows: Stellar MLS (updated 7/31/26 7:57 PM) |

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