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For sale
    • $1,200,000

    2741 PARMA STREET, SARASOTA, FL 34231

    5beds
    5baths
    3,589sqft
    : 
    $7,395/mo
    Get pre-qualified
    Quadruplex, Multi Family
    Built in 1954
    -- sqft lot
    $1,116,900 Zestimate®
    $334/sqft
    $-- HOA

    What's special

    **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.**
    22 days
    210
    6

    Likely to sell faster than

    Zillow last checked:

    Listing updated:

    Listed by:

    Jon Sullivan 941-356-3205,

    KW SUNCOAST 941-792-2000

    Source: Stellar MLS,MLS#: A4702315MLS LogoOriginating MLS: Sarasota - Manatee

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 5
      • Bathrooms: 5
      Heating
      • Central, Other
      Cooling
      • Central Air
      Appliances
      • Included: Dryer, Electric Water Heater, Range, Washer
      • Laundry: Common Area, Laundry Room
      Features
      • Ceiling Fan(s), L Dining
      • Flooring: Ceramic Tile, Laminate, Other, Hardwood
      • Has fireplace: No
      Interior area
      • Total structure area: 3,589
      • Total interior livable area: 3,589 sqft
      Video & virtual tour

      Property

      Accessibility
      • Accessibility features: Accessible Doors, Accessible Entrance
      Features
      • Levels: Three Or More
      • Stories: 3
      • Exterior features: Courtyard
      Lot
      • Size: 0.35 Acres
      Details
      • Parcel number: 0085090047
      • Zoning: RMF2
      • Special conditions: None

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Quadruplex, Multi Family
      Materials
      • Wood Frame
      • Foundation: Slab
      • Roof: Shingle
      Condition
      • Completed
      • New construction: No
      • Year built: 1954

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Well
      • Utilities for property: BB/HS Internet Available, Cable Available, Electricity Available, Fiber Optics, Fire Hydrant, Phone Available, Public, Sewer Available, Underground Utilities, Water Available

      Community & HOA

      Community
      • Features: None
      • Security: Closed Circuit Camera(s), Smoke Detector(s)
      • Pet fee: $0 monthly
      • Senior community: Yes
      • Subdivision: SARASOTA-VENICE CO RIVER SUB
      HOA
      • Has HOA: No
      Location
      • Region: Sarasota

      Financial & listing details

      • Price per square foot: $334/sqft
      • Tax assessed value: $586,900
      • Annual tax amount: $9,263
      • Date on market: 8/6/2026
      • Cumulative days on market: 23 days
      • Listing terms: Cash,Conventional,FHA,USDA Loan,VA Loan
      • Ownership: Fee Simple
      • Lease term: >6 Months <12
      • Total actual rent: 7285
      • Tenant pays: Electricity
      • Electric utility on property: Yes
      • Road surface type: Asphalt, Paved

        Estimated market value

        $1,116,900

        $1.06M - $1.17M

        $1,705/mo

        Price history

        DateEventPrice
        7/31/2026Listed for sale$1,200,000+71.7%$334/sqft
        Source: Stellar MLS #A4701229 Report a problem
        9/15/2024Listing removed$699,000+8.4%$195/sqft
        Source: Stellar MLS #A4506595 Report a problem
        9/15/2023Listing removed--
        Source: Stellar MLS #A4506595 Report a problem
        9/14/2021Sold$645,000-7.7%$180/sqft
        Source: Public Record Report a problem
        8/13/2021Pending sale$699,000$195/sqft
        Source: Stellar MLS #A4506595 Report a problem
        8/4/2021Listed for sale$699,000$195/sqft
        Source: Stellar MLS #A4506595 Report a problem
        7/28/2021Pending sale$699,000$195/sqft
        Source: Stellar MLS #A4506595 Report a problem
        7/18/2021Listed for sale$699,000+168.9%$195/sqft
        Source: Stellar MLS #A4506595 Report a problem
        6/22/2004Sold$259,900+54.7%$72/sqft
        Source: Public Record Report a problem
        12/30/1993Sold$168,000$47/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$9,264 +2.8%$586,900 -0.7%
        2024$9,015 +2.6%$591,000 +2.5%
        2023$8,783 +8.8%$576,730 +10%
        2022$8,074 +57.5%$524,300 +106.2%
        2021$5,128 +2.6%$254,278 +10%
        2020$4,998 +6.3%$231,162 +10%
        2019$4,704 $210,147 -13.2%
        2018$4,704 +19.5%$242,100 +39.4%
        2017$3,937 +20.8%$173,675 -5.5%
        2016$3,260 $183,800 +2.5%
        2015$3,260 $179,300 +59.5%
        2014$3,260 +14.5%$112,420
        2013$2,846 +24.4%$112,420 +10%
        2012$2,288 -14.6%$102,200 -23.6%
        2011$2,680 -8.9%$133,800 -8.2%
        2010$2,942 -38.2%$145,800 -14.3%
        2009$4,758 $170,200 -42.3%
        2008$4,758 -16.7%$294,900 -20%
        2007$5,713 $368,500
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        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.
        See how much you could borrow to make a competitive offer.
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        Climate risks

        Neighborhood: Ridge Wood Heights

        Getting around

        46 / 100
        Car-Dependent
        25 / 100
        Some Transit
        55 / 100
        Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Phillippi Shores Elementary
        • Middle: Brookside Middle
        • High: Riverview High

        Source: Stellar MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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