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
Type
Multifamily
Bedrooms
5
Bathrooms
5
Living Area
3,589
Lot Size
15,204
Subdivision
Ridgewood
Year Built
1954

Property 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.**

Additional Information

Community Features
None, No Deed Restriction
Annual Gross
89760
Style
Quadruplex
Interior
Ceiling Fans(s), L Dining
Interior Features
Ceiling Fans(s), L Dining
Appliances
Dryer, Electric Water Heater, Range, Washer
Exterior Construction
Frame
Exterior
Courtyard
Roof
Shingle
High School
Riverview High
Middle School
Brookside Middle
Elementary School
Phillippi Shores Elementary
Utilities
BB/HS Internet Available, Cable Available, Electricity Available, Fiber Optics, Fire Hydrant, Phone Available, Public, Sewer Available, Underground Utilities, Water Available
Floor
Ceramic Tile, Laminate, Other, Wood
Heating
Central, Other
Cooling
Central Air
Pool Type
No Pool

Listing courtesy of KW SUNCOAST.

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