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For sale
  • $3,280,000

    1821 20TH STREET, SARASOTA, FL 34234

    --beds
    0baths
    9,600sqft
    : 
    $21,110/mo
    Get pre-qualified
    Duplex, Multi Family
    Built in 1967
    -- sqft lot
    $-- Zestimate®
    $342/sqft
    $-- HOA

    What's special

    SARASOTA DUPLEX PORTFOLIO | 8 DUPLEXES | 16 RENTAL UNITS | MULTIFAMILY INVESTMENT OPPORTUNITY Discover an established income-producing duplex portfolio in Sarasota, Florida 34234. Offered at $3,280,000, this eight-property multifamily investment comprises 16 residential rental units across eight separate tax parcels in Sarasota's Newtown area, near Downtown Sarasota. THE PORTFOLIO | Eight concrete-block duplex buildings, each containing two 2-bedroom, 1-bathroom residences. Seven properties are clustered along 20th Street in the City Park area, with an additional duplex nearby at 1583 20th Street. The portfolio includes properties at 1583, 1821, 1825, 1841, 1847, 1849, 1853 and 1863 20th Street, Sarasota, FL 34234. All eight properties are offered together as one investment portfolio, not individually. RENTAL INCOME | Ownership reports 100% occupancy across all 16 units. The current rent roll reflects $230,400 in scheduled annual gross rental income, equivalent to $19,200 monthly and an average of $1,200 per unit. These figures represent scheduled rents rather than independently verified historical collections. VALUE-ADD POTENTIAL | Existing rental rates offer opportunities to evaluate future rent adjustments, lease renewals and operational improvements. Investment underwriting identifies potential rental growth through market-based repositioning, subject to existing leases, tenant rights, applicable regulations and market conditions. Future income increases are not guaranteed. PROPERTY FEATURES | Eight separate duplex buildings, 16 two-bedroom residences, individual tax parcels and established residential rental operations. The concentrated location of seven properties may offer operational efficiencies for investors managing multiple rental properties in Sarasota. LOCATION | Situated near Downtown Sarasota, with convenient access to US-301, US-41, regional employment centers, shopping, dining and Sarasota's Gulf Coast amenities. THE OPPORTUNITY | A 16-unit Sarasota multifamily investment portfolio for investors evaluating established Florida rental properties, potential long-term income growth and 1031 exchange opportunities. PACKAGE-ONLY SALE | All eight duplex properties are offered together for $3,280,000. Offering memorandum, current rent roll and investment underwriting available for review. All income, expenses, occupancy, leases, zoning, property conditions and investment projections are subject to independent buyer verification.
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    Zillow last checked:

    Listing updated:

    Listed by:

    Rex Glasson 941-587-6135,

    DOUGLAS ELLIMAN 941-867-6199

    Source: Stellar MLS,MLS#: A4710045MLS LogoOriginating MLS: Sarasota - Manatee

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bathrooms: 0
      Heating
      • Other
      Cooling
      • Wall/Window Unit(s)
      Appliances
      • Laundry: Other
      Features
      • Other
      • Has fireplace: No
      Interior area
      • Total structure area: 10,524
      • Total interior livable area: 9,600 sqft
      Video & virtual tour

      Property

      Features
      • Exterior features: Other
      Lot
      • Size: 7,308 Square Feet
      Details
      • Additional parcels included: 2024090055, 2024090054, 2024090053, 2024090052, 2024090050, 2024110066, 2024090051
      • Parcel number: 2024090049
      • Zoning: RMF2
      • Special conditions: None

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Duplex, Multi Family
      Materials
      • Block, Concrete
      • Foundation: Slab
      • Roof: Shingle
      Condition
      • New construction: No
      • Year built: 1967

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: Electricity Connected

      Community & HOA

      Community
      • Pet fee: $0 monthly
      • Subdivision: CITY PARK SUB
      HOA
      • Has HOA: No
      Location
      • Region: Sarasota

      Financial & listing details

      • Price per square foot: $342/sqft
      • Tax assessed value: $204,600
      • Annual tax amount: $3,304
      • Date on market: 10/19/2026
      • Cumulative days on market: 1 day
      • Listing terms: Cash,Conventional
      • Ownership: Fee Simple
      • Total actual rent: 19200
      • Electric utility on property: Yes
      • Road surface type: Gravel

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        10/19/2026Listed for sale$3,280,000+2086.7%$342/sqft
        Source: Stellar MLS #A4710045 Report a problem
        2/19/2019Sold$150,000$16/sqft
        Source: Public Record Report a problem
        1/23/2019Pending sale$150,000$16/sqft
        Source: Keller Williams on the Water - Sarasota #A4424915 Report a problem
        1/22/2019Listed for sale$150,000$16/sqft
        Source: Keller Williams on the Water - Sarasota #A4424915 Report a problem
        1/17/2019Pending sale$150,000$16/sqft
        Source: Keller Williams on the Water - Sarasota #A4424915 Report a problem
        1/17/2019Listed for sale$150,000$16/sqft
        Source: Keller Williams on the Water - Sarasota #A4424915 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$3,304 -1.9%$204,600 -3.1%
        2024$3,367 +6.9%$211,145 +10%
        2023$3,151 +13%$191,950 +10%
        2022$2,788 +27.8%$174,500 +34.7%
        2021$2,182 +20.3%$129,500 +25.6%
        2020$1,814 +19.1%$103,100 +42.7%
        2019$1,523 +59.7%$72,270 +10%
        2018$954 -21.6%$65,700 +75.7%
        2017$1,217 +78.9%$37,389 -13.7%
        2016$680 $43,300 +40.1%
        2015$680 -4.5%$30,900 +5.2%
        2014$713 +2.8%$29,370
        2013$693 +13.7%$29,370 +10%
        2012$609 -10%$26,700 -14.4%
        2011$678 -22.2%$31,200 -26.2%
        2010$871 -48.1%$42,300 -12.1%
        2009$1,677 $48,100 -50.3%
        2008$1,677 -22.5%$96,700 -23.7%
        2007$2,165 $126,700 +22.5%
        2006-- $103,400 +80.1%
        2005-- $57,400 +26.4%
        2004$956 +1.9%$45,400 +5.8%
        2003$938 -7.6%$42,900 -6.1%
        2002$1,016 +13.2%$45,700 +7.3%
        2001$897 -3.6%$42,600 -4.5%
        2000$931 $44,600
        Find assessor info on the county website

        Monthly payment

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        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
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        Climate risks

        Neighborhood: 17th Street Neighborhood Association

        Getting around

        50 / 100
        Somewhat Walkable
        34 / 100
        Some Transit
        65 / 100
        Bikeable

        Nearby schools

        GreatSchools rating

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