2741 PARMA ST, SARASOTA, FL, 34231
$1,200,000
Residential Income
|
Bedrooms
5
|
Bathrooms
5
|
Living Area
3,589 Sqft
|
Lot Size
15,204 Sqft
|
**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 Features | |||
|---|---|---|---|---|
| MLS ID: | MFRA4702315 | Year Built: | 1954 | |
| Accessibility Features: | Accessible Doors, Accessible Entrance | Appliances: | Dryer, Electric Water Heater, Range, Washer | |
| Community Features: | None | Construction Materials: | Frame | |
| Cooling: | Central Air | Country: | US | |
| County Or Parish: | Sarasota | Exterior Features: | Courtyard | |
| Financial Data Source: | Owner | Flooring: | Ceramic Tile, Laminate, Other, Wood | |
| Foundation Details: | Slab | Furnished: | Unfurnished | |
| Heating: | Central, Other | Laundry Features: | Common Area, Laundry Room | |
| Lease Term: | 6-12 Month | Levels: | Three Or More | |
| Listing Agreement: | Exclusive Right To Sell | Listing Terms: | Cash, Conventional, FHA, USDA Loan, VA Loan | |
| Occupant Type: | Tenant | Pets Allowed: | Cats OK, Dogs OK | |
| Property Condition: | Completed | Property Sub Type: | Quadruplex | |
| Property Type: | Residential Income | Road Responsibility: | Public Maintained Road | |
| Road Surface Type: | Asphalt, Paved | Roof: | Shingle | |
| Security Features: | Closed Circuit Camera(s), Smoke Detector(s) | Sewer: | Public Sewer | |
| Showing Requirements: | Appointment Only, Call Listing Agent, Contact Call Center, Do Not Contact Tenants | Special Listing Conditions: | None | |
| Standard Status: | Active | State Or Province: | FL | |
| Tenant Pays: | Electricity | 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 | Window Features: | Insulated Windows, Storm Window(s) | |
We love to hear from you