$1,200,000
2741 Parma Street
Sarasota, FL 34231
Listing updated: August 1, 2026 at 5:32 AM ET
Listing courtesy of Kw Suncoast · Jon Sullivan · MLS #A4701229 · Active · 941-792-2000Property type
Year built
Lot size
Price / sq ft
HOA dues
Day on market
Flood zone
About this home
**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.**
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 history1 days on market
- Status: ActiveJul 31, 2026
- Listed$1,200,000Jul 31, 2026
- Price increased$1,200,000
Facts & features
- Property type
- Residential
- Sub type
- Half Duplex
- Status
- Active
- Days on market
- 1
- Subdivision
- Sarasota-Venice Co River Sub
- County
- Sarasota
- Year built
- 1954
- Living area
- 3,589 sq ft
- Price/sq ft
- $334
- Lot size
- 15,204 sq ft
- Lot category
- 1/4 to less than 1/2
- Flood zone
- X (12115C0144G)
- Annual taxes
- $9,264 (2025)
- Parcel #
- 0085090047
- Zoning
- RMF2
- MLS #
- A4701229
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Interior Details
- Bedrooms
- 5
- Full bathrooms
- 5
- Flooring
- Ceramic Tile, Laminate, Other, Wood
- Appliances
- Dryer, Electric Water Heater, Range, Washer
- Interior features
- Ceiling Fans(s), L Dining
- Laundry
- Common Area, Laundry Room
- Stories / Levels
- Three Or More
- Direction faces
- South
Heating & Cooling
- Heating
- Central, Other
- Cooling
- Central Air
HOA & Financial
- HOA fee
- $0
- Total monthly fees
- $0/mo
- Total annual fees
- $0
- CDD
- No
- Min lease term
- 1 Month
- Listing terms
- Cash, Conventional, FHA, USDA Loan, VA Loan
- Ownership
- Fee Simple
- Available for lease
- Yes
- Lease restrictions
- Yes
- Additional lease restrictions
- None
Exterior & Construction
- Exterior features
- Courtyard
- Construction materials
- Frame
- Roof
- Shingle
- Foundation
- Slab
- Road surface
- Asphalt, Paved
Utilities
- Sewer
- Public Sewer
- Water source
- Well
- Utilities
- BB/HS Internet Available, Cable Available, Electricity Available, Fiber Optics, Fire Hydrant, Phone Available, Public, Sewer Available, Underground Utilities, Water Available
Community
- Pets allowed
- Cats OK, Dogs OK
- Senior community
- Yes
Schools
Letter grades: Florida DOE 2024–25 school grades (Orange, Seminole, Lake, Osceola, Brevard). Assigned schools from the listing agent — verify enrollment with the district.
Room Details
| Room | Level | Dimensions |
|---|---|---|
| Primary Bedroom | First | 12x12 |
| Bedroom 2 | Second | 12x12 |
| Primary Bathroom | First | 7x5 |
| Bathroom 2 | First | 7x5 |
| Bathroom 3 | First | 7x5 |
| Bathroom 4 | First | 7x5 |
| Bedroom 3 | First | 12x12 |
| Bathroom 5 | First | 7x5 |
| Bedroom 4 | First | 12x12 |
| Bedroom 5 | First | 12x12 |
| Kitchen | First | 8x8 |
| Living Room | First | 15x12 |
Listing Details
- Listing date
- 2026-07-29
- On market date
- 2026-07-31
- Original list price
- $1,200,000
- Occupant type
- Tenant
- MLS area
- 34231 - Sarasota/Gulf Gate Branch
- Listing AOR
- Sarasota - Manatee
- Status changed
- 2026-07-31
- Tax legal description
- 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
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
From I-75, Take Exit 205 toward Clark Road (FL-72). Head west on Clark Road for approximately 4.5 miles. Turn right onto Swift Road. Continue about 0.6 miles. Turn left onto Parma Street. Continue a short distance to 2741 Parma St, Sarasota, FL 34231, which will be on your left.
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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 August 1, 2026 at 5:32 AM 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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