2741 PARMA STREET, Sarasota, Sarasota, FL, 34231, Residential Income, 5, 5, c2e3ba8cdcee30ea6e75aea6ea2c23f3, A4702315,2741,PARMA

$1,200,000

Overview

Property ID: A4702315

Quadruplex
Property Type

5
Bedrooms

3589 Square Feet
Area Size

1954
Year Built

Description

**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.**

Address

Open on Google Maps

Address: PARMA
City: SARASOTA
State/county: Sarasota
Zip/Postal Code: 34231
Area: SARASOTA-VENICE CO RIVER SUB

Details

Updated on September 15, 2026 at 10:02 pm

Property ID A4702315
Price $1,200,000
Property Size 3589 Square Feet
Land Area 0.35 Square Feet
Bedrooms 5
Year Built 1954
Property Type Quadruplex
Property Status Residential Income

Additional details

AccessibilityFeatures Accessible Doors, Accessible Entrance
BuildingAreaTotal 3589
CommunityFeatures None
ConstructionMaterials Wood Frame
ContractStatusChangeDate 2026-08-06
Cooling Central Air
CumulativeDaysOnMarket 40
DaysOnMarket 40
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.
ElementarySchool Phillippi Shores Elementary
Flooring Ceramic Tile, Laminate, Other, Hardwood
FoundationDetails Slab
Furnished Unfurnished
Heating Central, Other
HighSchool Riverview High
InternetAddressDisplayYN 1
InternetAutomatedValuationDisplayYN 1
InternetConsumerCommentYN 1
InternetEntireListingDisplayYN 1
LaundryFeatures Common Area, Laundry Room
LeaseConsideredYN 1
LeaseTerm >6 Months <12
Levels Three Or More
ListAOR Sarasota - Manatee
ListAgentAOR Sarasota - Manatee
ListAgentEmail jon.Sullivan@kw.com
ListAgentFullName Jon Sullivan
ListAgentKey 5622a374cea879ae1c01bdc5a8b258f6
ListAgentMlsId 261562843
ListAgentPreferredPhone 941-356-3205
ListOfficeKey 0765148d1a4e7f176a2b8aee8530fdf9
ListOfficeMlsId 266510191
ListOfficeName KW SUNCOAST
ListOfficePhone 941-792-2000
ListingContractDate 2026-08-06
ListingTerms Cash, Conventional, FHA, USDA Loan, VA Loan
LivingAreaSource Owner
LotSizeArea 15204
LotSizeSquareFeet 15204
MLSAreaMajor 34231 - Sarasota/Gulf Gate Branch
MiddleOrJuniorSchool Brookside Middle
MlsStatus Active
ModificationTimestamp 2026-09-15T21:43:41.813Z
NumberOfBuildings 2
OnMarketDate 2026-08-06
OriginalEntryTimestamp 2026-08-06T23:33:12.703Z
OriginalListPrice 1200000
OriginatingSystemKey stellar
OriginatingSystemName Stellar MLS
Ownership Fee Simple
ParcelNumber 0085090047
PetsAllowed Cats OK, Dogs OK
PhotosChangeTimestamp 2026-08-06T23:35:20.915Z
PhotosCount 51
PostalCodePlus4 5131
PropertyCondition Completed
RoadSurfaceType Asphalt, Paved
Roof Shingle
SecurityFeatures Closed Circuit Camera(s), Smoke Detector(s)
Sewer Public Sewer
SourceSystemKey 802129011
SpecialListingConditions None
StateOrProvince FL
StatusChangeTimestamp 2026-08-06T23:33:12.703Z
StreetName PARMA
StreetNumber 2741
StreetNumberNumeric 2741
StreetSuffix STREET
TaxAnnualAmount 9263.94
TaxBlock 1
TaxBookNumber A-12
TaxLegalDescription 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
TaxLot 12
TaxYear 2025
Utilities BB/HS Internet Available, Cable Available, Electricity Available, Fiber Optics, Fire Hydrant, Phone Available, Public, Sewer Available, Underground Utilities, Water Available
WaterSource Well
WindowFeatures Insulated Windows, Storm Window(s)
Zoning RMF2