$524,900
3917 Royal Palm Avenue
Sarasota, FL 34234
Listing updated: July 21, 2026 at 1:39 PM ET
Listing courtesy of Harry Robbins Assoc Inc · Emerson Robbins · MLS #A4700635 · Active · 941-924-8346Property type
Year built
Lot size
Price / sq ft
HOA dues
Days on market
Flood zone
About this home
Virtually Staged. Rare 4-unit multifamily income opportunity in Sarasota's North Trail corridor, just minutes from downtown Sarasota, the bayfront, and the Ringling College of Art & Design district. The offering pairs dependable in-place cash flow with real value-add and redevelopment upside on an oversized ~0.40-acre city lot (17,555 SF). Four income-producing units include three residences at 3917 (a 1BR/1BA plus two efficiencies) and a spacious 2BR-plus-bonus home at 3919, with the 3919 unit turning now and targeting a market lease. All units are currently month-to-month, giving a new owner full flexibility to raise rents to market or reposition on their own timeline, with no long-term leases to inherit and clear upside as rents step up. Recent ownership has reinvested in the major systems, lowering near-term capital exposure: the shared 3917 roof was replaced within the last five years, water heaters for the three 3917 units were updated in 2023, and Unit A carries a 2022 AC air handler, while 3919 adds a newer AC and water heater, a carport, and a paved patio. Located in the City of Sarasota's North Trail redevelopment overlay, the parcel offers long-term assemblage and development optionality in one of Southwest Florida's most supply-constrained infill pockets, backed by steady rental demand from the surrounding Ringling College submarket. Offered at $524,900
Estimated monthly payment
Estimate only. Taxes use the listing's reported amount where available; insurance is a Florida-average estimate. Your actual payment will vary — run a full calculation or talk to a lender.
Price & listing history0 days on market
- Status: ActiveJul 21, 2026
- Listed$524,900Jul 21, 2026
- Price increased$524,900
Facts & features
- Property type
- Residential Income
- Sub type
- Quadruplex
- Status
- Active
- Days on market
- 0
- Subdivision
- Marlowe Park
- County
- Sarasota
- Year built
- 1953
- Living area
- 2,962 sq ft
- Price/sq ft
- $177
- Lot size
- 17,555 sq ft
- Lot category
- 1/4 to less than 1/2
- Flood zone
- X (12115C0131G)
- Annual taxes
- $7,574 (2025)
- Parcel #
- 2004100001
- Zoning
- NT
- MLS #
- A4700635
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Interior Details
- Bedrooms
- 3
- Interior features
- Ceiling Fans(s)
- Laundry
- Gas Dryer Hookup, Washer Hookup
Heating & Cooling
- Heating
- Other, Ductless
- Cooling
- Wall/Window Unit(s)
Parking
- Carport
- Yes
HOA & Financial
- Total monthly fees
- $0/mo
- Total annual fees
- $0
- CDD
- No
- Ownership
- Fee Simple
Exterior & Construction
- Exterior features
- Fence
- Construction materials
- Block
- Roof
- Shingle
- Foundation
- Slab
- Road surface
- Concrete
Utilities
- Sewer
- Public Sewer, Other
- Water source
- Public
- Utilities
- Electricity Available, Water Available
Listing Details
- Listing date
- 2026-07-21
- On market date
- 2026-07-21
- Original list price
- $524,900
- MLS area
- 34234 - Sarasota
- Listing AOR
- Sarasota - Manatee
- Status changed
- 2026-07-21
- Tax legal description
- BEG NE COR TRACT 2 TH S 100 FT TH W 175.8 FT TH N 99.96 FT TH E 173.4 TO POB BEING PART OF TRACT 2 MARLOWE PARK
Flood risk
Minimal-risk area outside the mapped floodplain. Flood insurance is optional and typically low-cost.
Source: FEMA flood zone reported on the listing. Confirm current designation at FEMA Flood Map Service Center.
Location
Directions
Directions from Sarasota Bradenton International Airport (SRQ) to 3917 Royal Palm Ave: Exit the airport onto University Parkway heading west toward US-41. Turn left (south) onto US-41 / N Tamiami Trail and continue about 2.5 miles through the North Trail corridor. Turn left (east) onto Royal Palm Ave (a residential street off the Trail in the 34234 / North Trail area). 3917 Royal Palm Ave is just ahead on your right, with 3919 immediately adjacent.
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Listings courtesy of Stellar MLS as distributed by MLS GRID
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Based on information submitted to the MLS GRID as of July 21, 2026 at 1:39 PM ET. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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