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$1,200,000

2741 PARMA STREET, SARASOTA, FL 34231

3D Tour
Active61 days on market

Beds

5

Baths

5

Sq Ft

3,589 sq ft

Year Built

1954

Lot Size

0.35 acres

Garage

—

About This Property

**Rare Sarasota 4-Plex – No Flooding, Prime Location & Exceptional Investment Opportunity!** Seller Financing terms are available! 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 Overview

Property TypeResidential Income
Sub TypeQuadruplex
MLS #A4702315
StatusActive
Year Built1954
ConstructionWood Frame
RoofShingle
FoundationSlab
SubdivisionSARASOTA-VENICE CO RIVER SUB
CountySarasota
OwnershipFee Simple

Interior Features

InteriorCeiling Fan(s), L Dining
FlooringCeramic Tile, Laminate, Other, Hardwood
AppliancesDryer, Electric Water Heater, Range, Washer
LaundryCommon Area, Laundry Room
WindowsInsulated Windows, Storm Window(s)
CoolingCentral Air
HeatingCentral, Other
SecurityClosed Circuit Camera(s), Smoke Detector(s)

Exterior & Lot

ExteriorCourtyard
Lot Size0.35 acres (15,204 sq ft)
Road SurfaceAsphalt, Paved
0

Utilities

WaterWell
SewerPublic Sewer
UtilitiesBB/HS Internet Available, Cable Available, Electricity Available, Fiber Optics, Fire Hydrant, Phone Available, Public, Sewer Available, Underground Utilities, Water Available

Parking

GarageNo

HOA & Community

HOANo
Senior CommunityYes

Financial Details

List Price$1,200,000
Annual Taxes$9,264 (2025)
FinancingCash, Conventional, FHA, USDA Loan, VA Loan
ZoningRMF2
Parcel #0085090047

Schools

ElementaryPhillippi Shores Elementary
MiddleBrookside Middle
HighRiverview High

Directions

Take Exit 205 (Clark Road / FL-72) and head west on Clark Road. Continue on Clark Road for approximately 4.5 miles. Turn right onto Swift Road. Proceed about 0.6 miles on Swift Road. Turn left onto Parma Street. Continue a short distance to 2741 Parma St, which will be on your left.

Location

2741 PARMA STREET, SARASOTA, FL 34231

Listing Information

OfficeKW SUNCOAST
ListedAugust 6, 2026

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Preferred Time

Scheduling is free, and you can cancel anytime.

Home Price

$1,200,000

20% ($240,000)
6.75%

Loan Term

Principal & Interest$6,227
Property Tax (est.)$1,100
Insurance (est.)$150
Total Monthly$7,477
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Nearby Schools

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Listing information is deemed reliable but not guaranteed. All measurements and data should be independently verified. This information is provided by the Stellar MLS. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed. IDX information is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: September 15, 2026.

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