Front Facing - 2741 PARMA ST, SARASOTA
Entrance - 2741 PARMA ST, SARASOTA
Living Room - 2741 PARMA ST, SARASOTA
Living Room - 2741 PARMA ST, SARASOTA
Living Room - 2741 PARMA ST, SARASOTA
Dining Room - 2741 PARMA ST, SARASOTA
Dining Room - 2741 PARMA ST, SARASOTA
Dining Room / Den - 2741 PARMA ST, SARASOTA
Main Bedroom - 2741 PARMA ST, SARASOTA
Main Bedroom - 2741 PARMA ST, SARASOTA
Main Bedroom - 2741 PARMA ST, SARASOTA
Main Bathroom - 2741 PARMA ST, SARASOTA
Main Bathroom - 2741 PARMA ST, SARASOTA
Guest Bedroom - 2741 PARMA ST, SARASOTA
Guest Bedroom - 2741 PARMA ST, SARASOTA
Guest Bedroom - 2741 PARMA ST, SARASOTA
Guest Bedroom - 2741 PARMA ST, SARASOTA
Guest Bath - 2741 PARMA ST, SARASOTA
Guest Bath - 2741 PARMA ST, SARASOTA
Kitchen - 2741 PARMA ST, SARASOTA
Kitchen - 2741 PARMA ST, SARASOTA
Lanai - 2741 PARMA ST, SARASOTA
Laundry Room - 2741 PARMA ST, SARASOTA
Triplex Entrance - 2741 PARMA ST, SARASOTA
Triplex Entrance - 2741 PARMA ST, SARASOTA
Triplex Side View - 2741 PARMA ST, SARASOTA
Triplex Side View - 2741 PARMA ST, SARASOTA
Triplex Rear View - 2741 PARMA ST, SARASOTA
Triplex Living Room - 2741 PARMA ST, SARASOTA
Triplex Living Room - 2741 PARMA ST, SARASOTA
Triplex Living Room - 2741 PARMA ST, SARASOTA
Triplex Living Room / Dining Room - 2741 PARMA ST, SARASOTA
Triplex Living Room / Dining Room - 2741 PARMA ST, SARASOTA
Triplex Living Room / Dining Room - 2741 PARMA ST, SARASOTA
Triplex Bedroom - 2741 PARMA ST, SARASOTA
Triplex Bedroom - 2741 PARMA ST, SARASOTA
Triplex Bedroom - 2741 PARMA ST, SARASOTA
Triplex Bedroom Closet - 2741 PARMA ST, SARASOTA
Triplex Bathroom - 2741 PARMA ST, SARASOTA
Triplex Bathroom - 2741 PARMA ST, SARASOTA
Triplex Bathroom - 2741 PARMA ST, SARASOTA
Triplex Bathroom - 2741 PARMA ST, SARASOTA
Triplex Hallway - 2741 PARMA ST, SARASOTA
Laundry Room/Common Area - 2741 PARMA ST, SARASOTA
Triplex Kitchen - 2741 PARMA ST, SARASOTA
Triplex Kitchen - 2741 PARMA ST, SARASOTA
Triplex Kitchen - 2741 PARMA ST, SARASOTA
Triplex Patio - 2741 PARMA ST, SARASOTA
Triplex Patio - 2741 PARMA ST, SARASOTA
Triplex Patio - 2741 PARMA ST, SARASOTA
Triplex Patio - 2741 PARMA ST, SARASOTA
51 photos

$1,200,000

2741 PARMA ST
SARASOTA, FL 34231
Listed by Jon Sullivan · KW SUNCOAST
Bedrooms
5
Bathrooms
N/A
Living area
3,589 sqft
Year built
1954

About this home

**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.**

Property details

MLS #
MFRA4702315
Property type
Quadruplex
Subdivision
SARASOTA-VENICE CO RIVER SUB
Status
Active
Days on market
40
On market date
August 6, 2026
Stories
N/A
Total bathrooms
N/A
Garage spaces
N/A
Parking spaces
N/A
Lot size
0.35 acres
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Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card (e.g. NC Dept. of Public Instruction, SC Report Card).

Elementary
PHILLIPPI SHORES ELEMENTARY SCHOOL
0.9 mi away · Grades -1-5
Nearest school -- attendance-zone data not available here
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
763
Student:teacher ratio
15.0:1
District
SARASOTA
Middle
BROOKSIDE MIDDLE SCHOOL
1.55 mi away · Grades 6-8
Nearest school -- attendance-zone data not available here
3.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
760
Student:teacher ratio
15.8:1
District
SARASOTA
High
RIVERVIEW HIGH SCHOOL
0.38 mi away · Grades 9-12
Nearest school -- attendance-zone data not available here
2.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
2,542
Student:teacher ratio
20.7:1
District
SARASOTA

Walkability

Blended score for SARASOTA's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).

75
Walkable
out of 100
EPA National Walkability Index
13.0 / 20 -- Above average walkable
Google Places amenity density
90 / 100
Restaurants & cafes20
Grocery stores11
Parks1
Schools8
Transit stops20
Pharmacies2

Market position

How this listing compares to current activity in SARASOTA, from live MLS data.

On the market 40 days -- 137 fewer days than SARASOTA's current average of 177 days.
For reference, the median list price across 4,319 active listings in SARASOTA right now is $349,000.

Mortgage calculator

Estimate only - actual rate and payment depend on your lender, credit, and loan program.

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Est. monthly payment
$7,377/mo
$240,000 down
$960,000 loan
Principal & interest$6,227
Property tax (est.)$1,000
Home insurance (est.)$150

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Data source: Listing information provided by Stellar MLS (mfrmls) via Trestle/CoreLogic. Last updated 15 days ago.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.