Sarasota, FL Apartment Buildings for Sale

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Updated: Jan 8

Sarasota Multifamily Investment Opportunity

3700 BENEVA ROAD, Sarasota, FL 34232

$3,790,000

13,428 sqft 0.62 AC lot

Roof replacement underway, to be completed before closing.
Free standing building with no HOA.
13 total units: 2‑bedroom/2‑bathroom and 2‑bedroom/2.5‑bathroom townhomes.
Most units updated with new luxury vinyl flooring, new kitchens, and new bathrooms.
A/C units and water heaters are mostly new or less than 4 years old.

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This listing looks promising.

Here's a quick look at some key insights for

3700 BENEVA ROAD, SARASOTA, FL 34232

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Est. Cap Rate

4.3%
NOI ÷ price
Est. NOI

$162K
Annual
Price @ 7% Cap

$2.32M
Suggested

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Updated: Jul 18

Five-Unit Downtown Apartment Complex

503 N Osprey Ave, Sarasota, FL 34236

$1,159,999

2,958 sqft

Five‑unit apartment complex built in 1949 on a downtown Sarasota corner lot
Unit mix: two 1BR/1BA units in Building #1; two 2BR/1BA units in Building #2; one cottage/studio in Building #3
All units are fully rented on month‑to‑month annual agreements
DTN zoning allows weekly rentals, with city zoning supporting weekly rental use
Common area laundry provided for tenants

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Short-Term Rental Apartment Building

1236 13th Street, Sarasota, FL 34236

$1,600,000

2,832 sqft

Five-unit apartment building zoned for short-term rentals, including four one-bedrooms and one two-bedroom with den.

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Downtown Sarasota Five-Unit Apartment Complex

503 N OSPREY Ave, Sarasota, FL 34236

$1,199,999

Five-unit apartment complex in downtown Sarasota with development potential.

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Multifamily Development Opportunity in Sarasota

200 S Washington Blvd, Sarasota, FL 34236

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1,015 sqft

242-unit multifamily development in downtown Sarasota, delivery in 2028.

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Sarasota Development Opportunity Near Downtown

2015 Fruitville Rd, Sarasota, FL 34237

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2.08 AC lot

2.08-acre assemblage for mixed-use development in downtown Sarasota.

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Sarasota Condo in Las Palmas

5001 BARALDI Cir 22-211, Sarasota, FL 34235

$265,000

81.61 AC lot

Well-maintained 3-bedroom condo with resort-style amenities and convenient location.

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Brookside Apartments in Sarasota, FL

3605 S SCHOOL AVENUE, Sarasota, FL 34239

$3,199,900

3,217 sqft 0.81 AC lot

Multi-family building with 12 one-bedroom and 8 studio units.

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Historic Sarasota Mixed-Use Opportunity

601 Quay Commons, Sarasota, FL 34236

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18,171 sqft

Iconic 1926 building in downtown Sarasota with versatile zoning.

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Based on your search, we've compiled 42 Potential Opportunities for your consideration. Besides 9 Active listings in Sarasota, FL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 25 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Bradenton Duplex Portfolio

1211 62ND AVENUE E, Bradenton, FL 34203

$2,399,900

8,144 sqft 0.09 AC lot

Eight renovated units in four buildings, South Bradenton.

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Bayfront Multifamily Development Site

1645 & 1649 Bayshore Road, Nokomis, FL 34275

$18,050,000

3.87 AC lot

Bayfront acreage with a 17-slip marina and existing multifamily buildings, positioned for up to 34 units.

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Legacy Trail Apartments For Sale

613 Osceola Rd, Nokomis, FL

$2,997,000

1.65 AC lot

16-unit apartment community near Downtown Venice & Casey Key.

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Bradenton Apartment Building For Sale

5707 45TH St E 90, Bradenton, FL 34203

$189,000

0.12 AC lot

Apartment building for sale in Bradenton, Florida.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Waterfront Lot in Treasure Island

141 104TH AVENUE, Treasure Island, FL 33706

$2,225,000

0.34 AC lot

Waterfront lot zoned for multifamily residential use in Treasure Island.

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Ocean Springs Highway 90 Land

Bienville Blvd, Ocean Springs, MS 39564

$675,000

143,748 sqft 3.30 AC lot

3.3 acre commercial land on Highway 90, Ocean Springs.

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Greenville Development Opportunity: 1.33 Acres

71 Salters Road, Greenville, SC 29607

$699,900

1.33 AC lot

1.33 acre parcel suitable for multi-family development near downtown.

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Asheville Development Opportunity: 5.94 Acres

215 N Bear Creek Road, Asheville, NC 28806

$2,500,000

5.94 AC lot

5.94-acre parcel zoned RM6, ideal for multi-family development.

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Off-Market Properties in Sarasota, FL

Consider similar Off-Market properties in Sarasota, FL. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

APARTMENT HOUSE (100+ UNITS)

1415 2nd St1st-floor, Sarasota, FL 34236-5102

Value Estimation by Request

306,770 sqft 1.08 AC lot

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APARTMENT HOUSE (UNDER 5 UNITS)

7302 Manatee St, Sarasota, FL 34243-1511

Value Estimation by Request

1,400 sqft 0.41 AC lot

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APARTMENT HOUSE (UNDER 5 UNITS)

7310 Manatee St, Sarasota, FL 34243-1511

$520,000

Estimated value

3,972 sqft 0.41 AC lot

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APARTMENT HOUSE (5+ UNITS)

555 Orange Ave, Sarasota, FL 34236-5151

$1,030,000

Estimated value

6,921 sqft 0.39 AC lot

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GARDEN APT, COURT APT (5+ UNITS)

1410 Magellan Dr, Sarasota, FL 34243-4429

$1,210,000

Estimated value

5,163 sqft 0.34 AC lot

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APARTMENT HOUSE (5+ UNITS)

650 Central Ave, Sarasota, FL 34236-4091

$3,615,000

Estimated value

22,842 sqft 1.09 AC lot

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APARTMENT HOUSE (5+ UNITS)

2895 Telluride Loop, Sarasota, FL 34243

$5,285,000

Estimated value

36,324 sqft 25.59 AC lot

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APARTMENT HOUSE (5+ UNITS)

7887 Lockwood Rdg Rd, Sarasota, FL 34243-4935

$3,585,000

Estimated value

23,496 sqft 26.53 AC lot

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APARTMENT HOUSE (UNDER 5 UNITS)

1504 Suponic Ave, Sarasota, FL 34243-3911

Value Estimation by Request

2,616 sqft 0.24 AC lot

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APARTMENT HOUSE (UNDER 5 UNITS)

1511 Suponic Ave, Sarasota, FL 34243-3917

Value Estimation by Request

2,535 sqft 0.24 AC lot

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APARTMENT HOUSE (5+ UNITS)

2595 University Pkwy, Sarasota, FL 34243-2998

$12,955,000

Estimated value

64,784 sqft 1.80 AC lot

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APARTMENT HOUSE (5+ UNITS)

6104 Turnbury Park Dr, Sarasota, FL 34243-3107

$1,155,000

Estimated value

6,322 sqft 31.80 AC lot

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APARTMENT HOUSE (UNDER 5 UNITS)

7307 Shepherd St, Sarasota, FL 34243-1427

Value Estimation by Request

1,713 sqft 0.59 AC lot

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APARTMENT HOUSE (5+ UNITS)

3507 Estrada St, Sarasota, FL 34239-7408

Value Estimation by Request

600 sqft 0.60 AC lot

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APARTMENT HOUSE (UNDER 5 UNITS)

1215 Idlewild Ct, Sarasota, FL 34243-3200

Value Estimation by Request

1,450 sqft 0.22 AC lot

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Sarasota, FL Apartment Buildings Market Trends and Statistics

Explore 34 apartment buildings for sale in Sarasota, FL, showcased through 9 active listings on our real estate platform. These investment opportunities span a total of 19,477 square feet of properties for sale, with an estimated market value of $8,589,900.

Sale prices for two-family homes in Sarasota, FL start at $1,600,000, averaging $2,863,300, and reaching up to $3,790,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Demographics Overview

Population 264K

Population Growth (5Y) +6.9%

Median Household Income $83,135

College Educated 43.1%

High-Yield Neighborhoods for Investment

Identify Sarasota submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood	Average Price
34231	$1.5M
34237	$2.2M
34239	$2.8M
34236	$3.1M
34242	$3.3M

Taxes & Financing

Tax Rate (average for all types) 1.33%

Property Tax per SF $10.04 per SF

Tax Rate vs County Average 0.02 pp below county avg

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Sarasota County

New Delisted

Total CRE Inventory on Market (SF)

Property Size Breakdown

The majority of commercial real estate listings in Sarasota fall within the 25,000 to 50,000 square foot range.

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Sarasota, FL Apartment Buildings for Sale

3700 BENEVA ROAD, Sarasota, FL 34232

503 N Osprey Ave, Sarasota, FL 34236

1236 13th Street, Sarasota, FL 34236

503 N OSPREY Ave, Sarasota, FL 34236

200 S Washington Blvd, Sarasota, FL 34236

2015 Fruitville Rd, Sarasota, FL 34237

5001 BARALDI Cir 22-211, Sarasota, FL 34235

3605 S SCHOOL AVENUE, Sarasota, FL 34239

601 Quay Commons, Sarasota, FL 34236

Opportunities in Nearby Cities

1211 62ND AVENUE E, Bradenton, FL 34203

1645 & 1649 Bayshore Road, Nokomis, FL 34275

613 Osceola Rd, Nokomis, FL

5707 45TH St E 90, Bradenton, FL 34203

Potential Development Sites for Consideration

141 104TH AVENUE, Treasure Island, FL 33706

Bienville Blvd, Ocean Springs, MS 39564

71 Salters Road, Greenville, SC 29607

215 N Bear Creek Road, Asheville, NC 28806

Off-Market Properties in Sarasota, FL

1415 2nd St1st-floor, Sarasota, FL 34236-5102

7302 Manatee St, Sarasota, FL 34243-1511

7310 Manatee St, Sarasota, FL 34243-1511

555 Orange Ave, Sarasota, FL 34236-5151

1410 Magellan Dr, Sarasota, FL 34243-4429

650 Central Ave, Sarasota, FL 34236-4091

2895 Telluride Loop, Sarasota, FL 34243

7887 Lockwood Rdg Rd, Sarasota, FL 34243-4935

1504 Suponic Ave, Sarasota, FL 34243-3911

1511 Suponic Ave, Sarasota, FL 34243-3917

2595 University Pkwy, Sarasota, FL 34243-2998

6104 Turnbury Park Dr, Sarasota, FL 34243-3107

7307 Shepherd St, Sarasota, FL 34243-1427

3507 Estrada St, Sarasota, FL 34239-7408

1215 Idlewild Ct, Sarasota, FL 34243-3200

Sarasota, FL Apartment Buildings Market Trends and Statistics

Demographics Overview

High-Yield Neighborhoods for Investment

Taxes & Financing

Listings Trend

Total CRE Inventory on Market (SF)

Property Size Breakdown

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