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Overview

5 bd5 ba3,589 sqftQuadruplex
TypeQuadruplex
HOANone listed
Built1954
Lot15,204 sqft
Living area3,589 sqft
Price / sqft$334

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Pricing, comps, HOA, the neighborhood. Answers before you fill out anything.

About this home

Ceiling Fans(s)L DiningCourtyardDryerElectric Water HeaterRangeWasher

2741 Parma St is a 1954-built home in Sarasota-venice CO River Sub, Sarasota. Inside you'll find 5 bedrooms, 5 bathrooms, and 3,589 square feet of living space. Listed at $1,200,000 (about $334/sqft), 40 days on market. Flood zone X - outside the FEMA high-risk areas, which keeps insurance manageable.

From the listing

**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.**

The essentials

Built
1954
Price / sqft
$334
On market
65 days
Annual tax
$9,264
Flood zone
X · Low risk
Lot
15,204 sqft
Type
Quadruplex

At a glance

Single family
Built 1954
0.35 acres
Lot size
3,589 sqft
Living area

Payment

Est. monthly payment
$7,630/mo
Down payment (20%)
$240,000
Property taxes
$772/mo
Rate assumed
6.8% · 30 yr
View full breakdown

Details

Type
Quadruplex
Year Built
1954
Lot
15,204 sqft
Cooling
Central Air
Heating
Central, Other
Parking
-
Days on Market
65
Ceiling Fans(s)
L Dining
Courtyard
Dryer
Electric Water Heater
Range
Washer
Elementary
Phillippi Shores Elementary
Middle
Brookside Middle
High
Riverview High

Districts can re-zone, so verify directly with the district before relying on these.

Flood Zone X
Annual Tax (2025)
$9,264
Parcel #
0085090047

Taxes reflect the most recent assessment in the MLS feed. Actual tax owed can vary, so confirm with the county property appraiser before closing.

Subdivision
Sarasota-venice CO River Sub
County
Sarasota
MLS Area
34231 - Sarasota/Gulf Gate Branch
Lot Size
15,204 sqft

Price history

Date
Event
Price
8/6/2026
Listed for sale
Source: Stellar MLS #A4702315
$1,200,000
$334/sqft

Neighborhood

2741 Parma St
Sarasota, FL, 34231 · 34231 - Sarasota/Gulf Gate Branch

Market insights

Offer Insights

Choose an offer strength

List price: $1,200,000
$1.16M – $1.20M
96.3% – 100% of listTops out right at the list price
80% of listList price
100 of the last 199 home closings in 34231 landed at this number or higher (50%). The median one sat 43 days before it went under contract, and this one is on day 65.

Sample: 199 closed home sales in 34231 over the last 8 months, Stellar MLS. A starting point, not a guarantee.

Talk through an offer with our team

Calculator

Est. monthly payment
$7,630/mo
Principal & interest$6,258
Property taxes$772
Insurance$600
Down payment20% · $240,000
Interest rate6.80%
Loan term

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Property taxes are this home's actual annual bill from the MLS, divided by twelve. Insurance estimated at 0.60%. Rate defaults to 6.8% on a 30-year fixed. Tap a pencil to use your own numbers. Estimates only, not a loan quote.

Quick answers.

Price

$1,200,000

$334 per sq ft

Beds and baths

5 beds, 5 baths

Size

3,589 sq ft

Time on market

65 days

Year built

1954

Monthly payment

About $7,630/mo

That is 20% down on a 30-year fixed at 6.8%, plus the home's $9,264 annual tax bill, insurance.

Flood zone

Zone X

That is outside the high-risk areas, so flood insurance is usually optional rather than required by a lender.

Offer

What should I offer?

Have another question?

Brokered byKW SUNCOASTListing agent: Jon SullivanListing data from Stellar MLS, MLS# A4702315.

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