2741 Parma Street, South Sarasota, FL 34231

$1,200,000
5
BD
5
BA
3,589
SqFt

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List Price
$1,200,000
Status
ACTIVE
MLS#
A4701229
Bedrooms
5
Bathrooms
5
Living Area
3,589
Subdivision
Ridgewood

Property Description

**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.**

Additional Information

Year Built
1954
Construction
Frame
Living Area
3,589
Acres
0.35
Interior Features
Ceiling Fans(s), L Dining
Cooling
Central Air
Heating
Central, Other
Exterior Features
Courtyard
Sewer
Public Sewer
Stories
1
Pets
Yes

Listing courtesy of KW SUNCOAST.

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