Schedule Tour
$1,200,000

2741 Parma St

Sarasota, FL
Active
5
Bedrooms
3,589
Square Feet
0.35
Lot Size (acres)
1954
Year Built
58
Days On Market

**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.**

Take the 3D virtual tour →

Listing Information

Listing Updated
18 days ago
Listed By
Jon Sullivan, 9413563205 · KW SUNCOAST, 9417922000
MLS#
A4702315
Source
Stellar MLS
Status
Active

Facts & Features

Location

Community Information

Address
2741 Parma St, Sarasota, FL 34231
City
Sarasota
County
Sarasota
Neighborhood
SARASOTA-VENICE CO RIVER SUB
Zip Code
34231

Architecture

Bedrooms
5
Year Built
1954
Construction Materials
Frame
Building Area
3,589 sq. ft.
Foundation
Slab
Roof
Shingle
Levels
Three Or More
Garage Spaces
0

Features & Amenities

Appliances
Dryer, Electric Water Heater, Washer, Range
Flooring
Laminate, Ceramic Tile, Other, Wood
Exterior Features
Courtyard
Community Features
None
Cooling
Central Air
Heating
Central, Other

Property Features

Lot Size
0.35 Acres
Water
Private, Well
Sewer
Public Sewer
Utilities
Cable Available, Sewer Available, Electricity Available, Water Available, Phone Available, Underground Utilities

Square Footage

Total
3,589 sq. ft.

Tax & Financial Information

List Price
$1,200,000
Annual Taxes
$9,263

Schools

70/100
Phillippi Shores Elementary School
Elementary · Grades PK–05 · 0.9 mi
Assigned school for this home
City
Sarasota
Students
783
Parent reviews
4.5★ avg · 2 reviews
Student body
67% White · 18% Hispanic / Latino · 10% Black
Free/reduced lunch
51%
Phone
(941) 361-6424
49/100
Brookside Middle School
Middle · Grades 06–08 · 1.6 mi
Assigned school for this home
City
Sarasota
Students
833
Parent reviews
1.0★ avg · 2 reviews
Student body
49% White · 30% Hispanic / Latino · 13% Black
Free/reduced lunch
65%
Phone
(941) 361-6472
76/100
Riverview High School
High · Grades 09–12 · 0.4 mi
Assigned school for this home
City
Sarasota
Students
2,573
Parent reviews
5.0★ avg · 2 reviews
Student body
65% White · 20% Hispanic / Latino · 6% Black
Free/reduced lunch
33%
Phone
(941) 923-1484
63/100
Southside Elementary School
Elementary · Grades PK–05 · 2.2 mi
City
Sarasota
Students
763
Parent reviews
3.7★ avg · 3 reviews
Student body
78% White · 12% Hispanic / Latino · 6% Two or More Races
Free/reduced lunch
29%
Phone
(941) 361-6420
59/100
Gulf Gate Elementary School
Elementary · Grades PK–05 · 1.4 mi
City
Sarasota
Students
655
Parent reviews
3.0★ avg · 2 reviews
Student body
63% White · 24% Hispanic / Latino · 7% Two or More Races
Free/reduced lunch
55%
Phone
(941) 361-6499
54/100
Sarasota Virtual Academy (Virtual Franchise)
7th & Above · Grades KG–12 · 1 mi
City
Sarasota
Students
26
Student body
69% White · 27% Hispanic / Latino · 4% Two or More Races
Free/reduced lunch
15%
Phone
(941) 924-1365
54/100
Suncoast Technical College
High · Grades 12–12 · 1 mi
City
Sarasota
Students
41
Student body
61% White · 20% Black · 17% Hispanic / Latino
Free/reduced lunch
27%
Phone
(941) 924-1365
54/100
Wilkinson Elementary School
Elementary · Grades PK–05 · 1.1 mi
City
Sarasota
Students
511
Student body
38% Hispanic / Latino · 36% White · 18% Black
Free/reduced lunch
78%
Phone
(941) 361-6477

School ratings are provided for informational purposes only and are subject to change. Attendance boundaries are for reference only — contact the school or district directly to verify enrollment eligibility.

Historical Data

Price History

DateEventPrice
08/06/2026Listed for sale$1,200,000

Listed by Jon Sullivan · KW SUNCOAST · 9417922000

Listing information provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed by the MLS. Copyright 2026, Stellar MLS. All rights reserved.

Last Updated: September 15, 2026 at 9:45 PM | Source: Stellar MLS | MLS#: A4702315

Let's work together

Start Your Real Estate Journey

Whether you have questions about this listing, want to schedule a showing, or just want to talk through your options, Alene Civil is here to help. Reach out and expect a response within one business day.

How can I help?

Alene Civil is here to help. Reach out and expect a response within one business day.

Lending calculator

Make A Plan For Your Purchase

Know what you can afford before you start shopping — then run the numbers on any home you have in mind.

How much house can I afford?

$500,000
You can afford
$0
Monthly payment
  • Principal & interest
  • Property taxes
  • Homeowner's insurance
  • HOA dues

Enter your income, debts, and down payment to see how much home you may qualify for. Estimates only — not a lending decision.

Want to know more?

Keisha is here to help. Reach out and expect a response within one business day.

Mortgage pre-approval

Your Next Chapter Starts With Just A Few Steps

Before you fall in love with a home, know what you can afford. Fill out a quick pre-approval so you're ready to make your move — on your timeline.

Keisha
Durand
Keisha
LO NMLS: #972729

Pre-approval made easy

We're here to help you find the best option, not to help the best option find you. Trust that your information will not be shared with many different lenders like so many platforms do.