2741 Parma Street, South Sarasota, FL 34231

$1,200,000
5
BD
5
BA
3,589
SqFt

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List Price
$1,200,000
MLS#
A4702315
Status
ACTIVE
Days on Market
35
Year built
1954
Bedrooms
5
Bathrooms
5
Living area
3,589
Area
3589
Region
Sarasota/Gulf Gate Branch
Subdivision
Ridgewood

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

Acres
0.35
Floors
Ceramic Tile, Laminate, Other, Wood
Interior Features
Ceiling Fans(s), L Dining
Cooling
Central Air
Heating
Central, Other
Exterior Features
Courtyard
Construction
Frame
Roof
Shingle

Listing courtesy of KW SUNCOAST.

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Calculator source: Real Geeks

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