IDX

Listed by Jon Sullivan · Courtesy of KW SUNCOAST · 941-792-2000 · Agent MLS ID# MFR261562843 · Deemed reliable but not guaranteed. · Listing updated: Sep 15, 2026 · 9:44 PM

Active

2741 PARMA ST

Sarasota, Sarasota, FL, 34231

$1,200,000

$334/sqft

5Beds
5Baths
3,589Sq Ft
1954Built
40Days on Market

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.**

Facts & Features

MFRA4702315
$1,200,000
Active
5
5
N/A
N/A
3,589 sqft
0.3500
1954
Residential Income
Quadruplex
N/A

Community Information

2741 PARMA ST
Sarasota-Venice County River Sub
Sarasota
Sarasota
FL
34231
Yes

Amenities

N/A
N/A
No
No
No

Interior

Ceiling Fans(s), L Dining
Central, Other
Central Air
Laminate, Ceramic Tile, Wood, Other
N/A
N/A
Dryer, Washer, Electric Water Heater, Range

Exterior

Courtyard
Frame
Slab
Shingle
N/A
N/A

School Information

Phillippi Shores Elementary
Brookside Middle
Riverview High

Additional Information

August 6, 2026
40
RMF2
N/A
No

Mortgage Calculator

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Years
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This calculator provides estimates for informational purposes only and is not a loan offer, pre-approval, or commitment to lend. Actual rates, payments, and loan terms vary by lender and are subject to credit approval, income/asset verification, and market conditions. Property tax and homeowners insurance shown are estimates and may differ. PMI applies when the down payment is under 20%. For an official Loan Estimate, contact a licensed mortgage lender. KW SUNCOAST is a licensed real estate brokerage, not a mortgage lender. Equal Housing Opportunity.

40 days on market

Listing updated: Sep 15, 2026 · 9:44 PM

Listed by: Jon Sullivan · 941-356-3205—KW SUNCOAST · 941-792-2000

Updated from Real Estate Market Data

Location

AEAhmed ElbatrawyEmpire Network Realty

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