Sarasota, FL Apartment Buildings for Sale

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Updated: Apr 27

Five-Unit Apartment Building with Pool

4001 GROVELAND Avenue, Sarasota, FL 34231

$1,450,000

4,291 sqft 0.59 AC lot

Five 2‑bedroom, 1‑bath units in a 4,291‑square‑foot apartment building
0.59‑acre parcel with RMF2 zoning
Private heated and cooled pool with screened patio room
Exterior painted in 2024; kitchens in Units 2, 3, and 4 remodeled in 2024
Roof replaced in 2014; major plumbing replacement completed in 2009 and 2010

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Updated: Feb 11

Apartment Building with Pool

5322 CALLE DE LA SIESTA, Sarasota, FL 34242

$4,400,000

4,437 sqft 0.13 AC lot

7‑unit configuration with 2 studios, 2 one‑bedroom units, 2 two‑bedroom units, and a penthouse suite
4,437 square feet on 0.13 acres; built in 1999
Private pool, spa, rooftop deck, and covered outdoor area with grill
1 block to the Village and beach
7 newly paved parking spaces

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5-Unit DTN Apartment Property

503 N OSPREY Avenue, Sarasota, FL 34236

$1,159,999

2,958 sqft 0.23 AC lot

Corner-lot multifamily asset with common-area laundry and varied lease terms.

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7-Unit Hospitality-Style Apartment Building

5322 Calle De La Siesta, Sarasota, FL 34242

$4,900,000

4,437 sqft

Seven-unit property with nightly rental operation, pool amenities, rooftop deck, and on-site laundry.

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Five-Unit Short-Term Rental Building

1236 13th St, Sarasota, FL 34236

$1,600,000

2,832 sqft

Five-unit multifamily property zoned for short-term rental, with four one-bedroom units and one two-bedroom unit with a den.

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Sarasota Multifamily Property Near Golf

3700 BENEVA ROAD #601-613, Sarasota, FL 34232

$3,790,000

13,428 sqft 0.62 AC lot

13-unit multifamily property with updated units and golf course views.

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Renovated Six-Unit Apartment Building

171-104 Avenida Veneccia, Sarasota, FL 34242

$3,990,000

3,888 sqft

Furnished vacation rental property with private suites, shared courtyard amenities, onsite laundry, and designated parking near Siesta Key Beach.

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Five-Unit Downtown Apartment Complex

503 N Osprey Ave, Sarasota, FL 34236

$1,159,999

2,958 sqft

Five fully rented units on a downtown corner lot, with common area laundry and DTN zoning allowing weekly rentals.

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10-Unit Apartment Building

2700 Palmadelia Avenue, Sarasota, FL 34234

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7,744 sqft 0.54 AC lot

CBN zoning supports multifamily use within Sarasota’s Newtown Redevelopment Area.

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Renovated 16-Unit Apartment Community

1410 Magellan Drive, Sarasota, FL 34243

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5,163 sqft

Efficiency apartments feature updated interiors and General Commercial zoning in Sarasota.

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10-Unit Townhome-Style Apartment Complex

2744 Proctor Rd, Sarasota, FL 34231

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14,780 sqft

Fully occupied community with two-bedroom layouts, private patios, a swimming pool, and recent capital improvements.

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Renovated 23-Unit Apartment Building

785 N Osprey Ave, Sarasota, FL 34236

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14,490 sqft

Renovated multifamily property in Sarasota with an apartment-building configuration.

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17-Unit Income Property

2066 Hillview St, Sarasota, FL 34239

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14,377 sqft

17 income-producing units in concrete block construction with interior updates on three parcels near Sarasota Memorial Hospital.

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Five-Unit Apartment Building with Pool

4001 GROVELAND AVE, Sarasota, FL 34231

$1,450,000

Individually metered units, paved parking, and public water and sewer support flexible rental operations.

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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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Downtown Multifamily Development Opportunity

200 S Washington Blvd, Sarasota, FL 34236

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75,000 sqft

Equity placement opportunity for a planned 242-unit multifamily development delivering in 2028 in downtown Sarasota.

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Small Multifamily Income Property

4704 Swift Rd, Sarasota, FL 34231

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5,608 sqft

Five-unit apartment property with kitchen and bathroom flooring upgrades across the residences.

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Redevelopment Site with Residential Units

3808 N Tamiami Trail, Sarasota, FL 34234

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13,942 sqft 2.14 AC lot

Redevelopment parcel zoned NT - North Trail with 77 existing residential units and potential for higher allowable density.

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Six-Unit Apartment Complex

1630 Redwood St, Sarasota, FL 34231

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Six-unit multifamily property with concrete block buildings and a mix of two- and one-bedroom units.

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12-Unit Apartment Building

2730 Hope St, Sarasota, FL 34231

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0.75 AC lot

12-unit apartment complex in Sarasota, located in FEMA Zone X non-flood zone near Siesta Key.

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132-Unit Apartment Portfolio

3232 Fruitville Rd, Sarasota, FL 34237

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7.00 AC lot

Three concrete-block properties offer varied floorplans near Downtown Sarasota.

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7-Unit Short-Term Rental Property

5322 CALLE DE LA SIESTA, Sarasota, FL 34242

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Nightly rental operation includes a pool, rooftop deck, laundry facilities, and walkable access to the Village and beach.

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Based on your search, we've compiled Potential Opportunities for your consideration. Besides 22 Active Listings in Sarasota, FL, we suggest to view alternatives - similar 25 Off-Market properties to explore as potential leads.

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

$83,710,000

Estimated value

306,770 sqft 1.08 AC lot

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APARTMENT HOUSE (UNDER 5 UNITS)

7302 Manatee St, Sarasota, FL 34243-1511

$485,000

Estimated value

1,400 sqft 0.41 AC lot

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Sarasota, FL Apartment Buildings Market Trends and Statistics

Explore 47 apartment buildings for sale in Sarasota, FL, showcased through 22 active listings on our real estate platform. These investment opportunities span a total of 190,333 square feet of properties for sale, with an estimated market value of $25,099,997.

Sale prices for two-family homes in Sarasota, FL start at $1,159,999, averaging $2,509,999, and reaching up to $4,900,000 — 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
34236	$1.3M
34231	$1.5M
34232	$3.8M
34242	$4.4M

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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