2741 Parma Street, South Sarasota, FL 34231
- $1,200,000
- 5
- BD
- 5
- BA
- 3,589
- SqFt
- List Price
- $1,200,000
- Days on Market
- 6
- MLS#
- A4701229
- Bedrooms
- 5
- Full Bathrooms
- 5
- Sq. Ft
- 3,589
- Lot Size
- 15,204
- Subtype
- Half Duplex
- County
- Sarasota
- Community
- None, No Deed Restriction
- Subdivision
- Ridgewood
- Year Built
- 1954
Property 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.**
Additional Information
- City
- South Sarasota
- Region
- Sarasota/Gulf Gate Branch
- Zip
- 34231
- Neighborhood
- Other
- Subdivision
- Sarasota-Venice Co River Sub
- Area
- 3589
- Community Extras
- None, No Deed Restriction
- Property Description
- Three+ Story, Attached
- Exterior Construction
- Frame
- Elementary School
- Phillippi Shores Elementary
- Middle School
- Brookside Middle
- High School
- Riverview High
- Pool Type
- No Pool
- Pets Allowed
- Yes
- Housing for Older Persons
- Yes
- Property Style
- Half Duplex
- Total Acreage
- 1/4 to less than 1/2
- Special Sale Provision
- None
- Property Condition
- Completed
- Minimum Lease
- 1 Month
- Interior Features
- Ceiling Fans(s), L Dining
- Interior Layout
- Ceiling Fans(s), L Dining
- Community Features
- None
- Flood Zone
- X
- 55+ Housing
- Yes
- 55+ Only
- Yes
- Financing Available
- Cash, Conventional, FHA, USDA Loan, VA Loan
- Heated Square Feet
- 3589
- Acres
- 0.35
- Stories
- 1
- Exterior Features
- Courtyard
- Floor Covering
- Ceramic Tile, Laminate, Other, Wood
- HOA Comm/Assn
- None
- Floor Number
- 1
- Pp Sqft
- 334.35
- Levels
- Three Or More
- Occupant Type
- Tenant
- Subtype
- Half Duplex
- Roof
- Shingle
- Property Subtype
- Residential
- Sewer
- Public Sewer
- Water Source
- Well
- Furnished
- Unfurnished
Listing courtesy of KW SUNCOAST. 941-792-2000
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