Sarasota FL Multi Family for Sale

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Type:
Duplex
Sq.Ft.:
2,112
Status:
NEW LISTING
Beds:
n/a
Year built:
1958
Baths:
MLS#:
A4633909
Subdivision:
Melody Heights

ADDITIONAL INFORMATION

INCOME PRODUCING DUPLEX in the heart of Sarasota, offering a blend of modern upgrades and investment potential. This property has been meticulously maintained, with extensive renovations completed in recent years. Unit A is a spacious 2 bedroom, 2bathroom featuring a separate laundry room and a charming bonus sunroom, perfect for relaxing or additional living space. Unit B offers a private entrance, a newly installed A/C mini-split system, and its own washer and dryer. With its layout, Unit B can easily be converted into a mother-in-law suite, adding even more versatility to this duplex. Updates include 2022 new asphalt shingle roof and fresh exterior paint. In Unit A the floors were refinished and sealed, a rebuilt side wall with sheetrock and noise insulation, renovated kitchen and bathrooms with updated plumbing and electrical, and new closet doors. Unit B had its shower plumbing replaced, a washer and dryer installed with updated plumbing, and a new entrance door. 2024 hurricane windows were installed throughout. This is an ideal opportunity for investors or homeowners seeking rental income. This property is income producing and ready, offering convenience, and a prime location in Sarasota.

Type:
Fourplex
Sq.Ft.:
2,880
Status:
NEW LISTING
Beds:
8
Year built:
1973
Baths:
4.00
MLS#:
A4634438
Subdivision:
Walpole Frank A

ADDITIONAL INFORMATION

Your chance to own a 4 plex just north of downtown Sarasota! This block 4 plex is in fantastic condition with ACs and water heaters updated in 2019 and electrical panels updated in 2014, plus durable vinyl windows. Roof is 2005. MTM rents are currently approximately $1,300/month—well below the $1,800 median market rent for 2/1 units (per Rentometer), offering immediate income growth potential. Located in the sought-after Missing Middle Overlay district, the property also boasts affordable housing redevelopment opportunities with density increases up to a maximum of 35 units/acre (check with the city for details). Close to top restaurants, shopping, and public transit, this is a rare chance to secure a property with long-term upside. Perfect 1031 exchange candidate. We have access to property managers that can help manage your investment if you want a more hands off property.

Type:
Duplex
Sq.Ft.:
1,440
Status:
NEW LISTING
Beds:
4
Year built:
1973
Baths:
2.00
MLS#:
A4634437
Subdivision:
Walpole Frank A

ADDITIONAL INFORMATION

Exceptional investment opportunity just north of downtown Sarasota! This block duplex is in fantastic condition with ACs and water heaters updated in 2019 and electrical panels updated in 2014, plus durable vinyl windows. Roof is 2005. MTM rents are currently approximately $1,300/month—well below the $1,800 median market rent for 2/1 units (per Rentometer), offering immediate income growth potential. Located in the sought-after Missing Middle Overlay district, the property also boasts affordable housing redevelopment opportunities with density increases up to a maximum of 35 units/acre (check with the city for details). Combine with the neighboring duplex to create a 4-plex! Close to top restaurants, shopping, and public transit, this is a rare chance to secure a property with long-term upside. Perfect 1031 exchange candidate. We have access to property managers that can help manage your investment if you want a more hands off property.

Type:
Duplex
Sq.Ft.:
2,200
Status:
Active
Beds:
4
Year built:
1976
Baths:
4.00
MLS#:
A4633002
Subdivision:
Avion Of

ADDITIONAL INFORMATION

Take Advantage of this Amazing Duplex! Live in one side and use the other for income or use both to generate revenue! Each side of this Duplex contains two Bedrooms, two full Baths and each unit has its own Laundry Room inside. Duplex located to Beautiful Downtown Sarasota, Gulf Beaches, Waterfront, Interstate I-75, Restaurants, Shopping, Pompano Pickleball and Legacy Trail! Short Walk to Orioles Training Camp/Ball Park. Duplex has a New Roof in 2020 and one unit has new A/C in 2024. Both Units currently occupied by long term tenants and rented on month to month basis.

Type:
Duplex
Sq.Ft.:
1,248
Status:
Active
Beds:
n/a
Year built:
1974
Baths:
MLS#:
D6139549
Subdivision:
Walpole Frank A

ADDITIONAL INFORMATION

Please call agent for information.

Type:
Duplex
Sq.Ft.:
2,254
Status:
Active
Beds:
n/a
Year built:
1957
Baths:
MLS#:
A4622091
Subdivision:
Clarks Sub

ADDITIONAL INFORMATION

Perfect opportunity to own a legal multi family residence in a fantastic, sought-after location. Easily walkable to Publix as well as restaurants and shopping, and just a short drive to SMH, beaches, and downtown Sarasota. This income producing duplex features a 1/1 and 2/1 and is on a large corner lot with mature trees. Both units have updated full kitchens with stainless steel appliances and updated bathrooms and flooring. This property is being sold turn key furnished and move in ready. Live in one side and rent out the other or use both units for rental income!

Type:
Duplex
Sq.Ft.:
n/a
Status:
Active
Beds:
4
Year built:
1977
Baths:
2.00
MLS#:
A4574203
Subdivision:
Walpole Frank A

ADDITIONAL INFORMATION

Investment opportunity, a corner lot duplex, located between downtown and Ringling College. Each unit has 725 sq ft with 2 bedrooms, 1 bath and the convenience of an attached carport. Re-pipe, roof 2011. Each unit has a fenced in yard, Mango and Avocado trees in one side. Tenants are currently in place on a month to month. Being sold As Is. Please do not disturb tenants. A great investment in an unbeatable location, with all of the amenities of downtown Sarasota, local colleges, St Armands Circle, and beaches near by.

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Andrea Conner, License #BK3437731, Xome Inc., License #1043756, [email protected], 844-400-9663, 750 State Hwy 121 Bypass, Suite 100, Lewisville, TX 75067


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Sarasota Real Estate

The median home value in Sarasota, FL is $454,200. This is lower than the county median home value of $458,200. The national median home value is $338,100. The average price of homes sold in Sarasota, FL is $454,200. Approximately 43.67% of Sarasota homes are owned, compared to 33.6% rented, while 22.73% are vacant. Sarasota real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Sarasota real estate agent to arrange a tour today!

Sarasota, Florida 34237 has a population of 53,786. Sarasota 34237 is more family-centric than the surrounding county with 19.88% of the households containing married families with children. The county average for households married with children is 17.15%.

The median household income in Sarasota, Florida 34237 is $62,615. The median household income for the surrounding county is $69,490 compared to the national median of $69,021. The median age of people living in Sarasota 34237 is 49 years.

Sarasota Weather

The average high temperature in July is 90.7 degrees, with an average low temperature in January of 50.9 degrees. The average rainfall is approximately 56 inches per year, with 0 inches of snow per year.

Sarasota Real Estate Market Conditions

  • Median sales price

    N/A
  • # Active listings

    159
    30-day change

Sarasota Schools and Demographics

Education near Sarasota, FL

Metric City County
High School Graduates 90.53 93.68
College Degree - 2 year 8.1 9.58
College Degree - 4 year 38.31 37.32
Graduate Degree 10.31 11.05
Expenditures per Student 13,454 13,454
Students per Teacher 15.4 15.4

Elementary Schools near Sarasota, FL

School Grades Students P/T Ratio ZIP
Alta Vista Elementary School KG - 05 635 13 34237
Ashton Elementary School PK - 05 896 16 34233
Atwater Elementary PK - 05 718 13.6 34288
Bay Haven School of Basics Plus KG - 05 591 14.8 34234
Brentwood Elementary School PK - 05 672 12.7 34232
Cranberry Elementary School PK - 05 791 13.9 34286
Emma E. Booker Elementary School PK - 05 554 12.6 34234
Fruitville Elementary School PK - 05 761 13.1 34232
Glenallen Elementary School PK - 05 697 12.7 34287
Gocio Elementary School PK - 05 668 13.4 34235
Gulf Gate Elementary School PK - 05 753 14.2 34231
Lamarque Elementary School PK - 05 805 12.4 34286
Laurel Nokomis School PK - 08 1,024 12.1 34275
Phillippi Shores Elementary School PK - 05 750 15 34231
Sarasota Academy of the Arts KG - 08 207 9 34232
Southside Elementary School PK - 05 725 14.5 34239
Suncoast School for Innovative Studies PK - 08 422 10.6 34237
Tatum Ridge Elementary School PK - 05 669 14.5 34240
Toledo Blade Elementary School PK - 05 742 13.3 34288
Tuttle Elementary School PK - 05 701 13.2 34237

Middle Schools near Sarasota, FL

School Grades Students P/T Ratio ZIP
Booker Middle School 06 - 08 856 13.8 34234
Brookside Middle School 06 - 08 820 15.5 34239
Heron Creek Middle School 06 - 08 863 13.5 34291
McIntosh Middle School 06 - 08 684 13.7 34232
Sarasota Middle School 06 - 08 1,270 15.9 34233
Sarasota Military Academy Prep. 06 - 08 422 15.1 34240
Sarasota School of Arts/Sciences 06 - 08 750 17.1 34236
Sarasota Virtual Instruction (Course Offerings) 09 - 12 0 34231
Sky Academy 06 - 09 338 17.8 34285
Student Leadership Academy 06 - 08 285 12.9 34285
Venice Middle School 06 - 08 543 13.2 34292
Woodland Middle School 06 - 08 857 17.1 34289

High Schools near Sarasota, FL

School Grades Students P/T Ratio ZIP
Booker High School 09 - 12 1,087 15.8 34234
North Port High School 09 - 12 2,315 19.4 34291
Riverview High School 09 - 12 2,483 19.7 34231
Sarasota High School 09 - 12 2,110 19.9 34237
Sarasota Military Academy 09 - 12 1,094 15 34236
Suncoast Polytechnical High School 09 - 12 541 23.5 34233
Venice Senior High School 09 - 12 1,941 20.2 34285

Ungraded Schools near Sarasota, FL

School Grades Students P/T Ratio ZIP
ESE Special Programs PK - 12 8 0.1 34231
Imagine School At North Port KG - 12 1,027 14.1 34289
Island Village Montessori School KG - 09 677 10.4 34292
Oak Park School KG - 12 345 6.3 34241
Pine View School 02 - 12 2,186 17.6 34229
Sarasota Virtual Academy (Virtual Franchise) KG - 12 0 34233
Sarasota Virtual Instruction Program KG - 12 41 34231
State College of Florida Collegiate School At Venice A+ Stem UG - UG 0 34293
Suncoast Technical College AE - AE 11 0.2 34233
Triad School 06 - 12 112 5.6 34233

Demographics near Sarasota, FL 34237

Metric Zip Code City
Neighborhood Type Suburban
Population 53,786 429,336
Population Density 3,653 771
Median Age 49 56.5
People per Household 2.1 2.2
Median Household Income 62,615 69,490
Average Income per Capita 48,380 48,265